Aware Super Pty Ltd as trustee of Aware Super Acquires 9,658 Shares of Vertiv Holdings Co. $VRT

Key Points

• Aware Super Pty Ltd increased its stake in Vertiv Holdings Co. by 6.3% during Q2, now owning a total of 161,796 shares valued at approximately $20.78 million.
• The company received several analyst upgrades, with Roth Capital setting a price target of $162.00 and JPMorgan raising it to $206.00, leading to a consensus rating of "Moderate Buy".
• Vertiv has recently announced a quarterly dividend of $0.0375 per share, resulting in a modest annualized dividend yield of 0.1% as of its last payment date.

Aware Super Pty Ltd as trustee of Aware Super lifted its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 6.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 161,796 shares of the company's stock after purchasing an additional 9,658 shares during the quarter. Aware Super Pty Ltd as trustee of Aware Super's holdings in Vertiv were worth $20,776,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of VRT. WealthPlan Investment Management LLC increased its position in Vertiv by 21.6% during the second quarter. WealthPlan Investment Management LLC now owns 8,308 shares of the company's stock worth $1,067,000 after buying an additional 1,475 shares during the last quarter. Alta Capital Management LLC bought a new stake in shares of Vertiv during the 2nd quarter worth about $326,000. Allianz Asset Management GmbH increased its holdings in shares of Vertiv by 72.7% during the 2nd quarter. Allianz Asset Management GmbH now owns 477,025 shares of the company's stock valued at $61,255,000 after acquiring an additional 200,765 shares during the last quarter. Bridges Investment Management Inc. bought a new position in shares of Vertiv in the 2nd quarter valued at approximately $331,000. Finally, Mutual Advisors LLC lifted its holdings in Vertiv by 8.3% in the 2nd quarter. Mutual Advisors LLC now owns 9,168 shares of the company's stock worth $1,260,000 after purchasing an additional 704 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on VRT. Roth Capital reiterated a "buy" rating and set a $162.00 price target on shares of Vertiv in a report on Thursday, September 25th. Melius Research upgraded shares of Vertiv from a "hold" rating to a "strong-buy" rating and raised their target price for the company from $134.00 to $165.00 in a research note on Tuesday, July 8th. Redburn Atlantic upgraded shares of Vertiv to a "hold" rating in a report on Wednesday, August 20th. Bank of America boosted their target price on shares of Vertiv from $140.00 to $150.00 and gave the stock a "buy" rating in a research report on Thursday, July 17th. Finally, JPMorgan Chase & Co. raised their price target on Vertiv from $150.00 to $206.00 and gave the company an "overweight" rating in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $157.90.

Insider Transactions at Vertiv

In other Vertiv news, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction on Monday, September 8th. The shares were sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the sale, the director owned 4,631 shares in the company, valued at $573,873.52. The trade was a 77.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Paul Ryan sold 22,218 shares of the stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the completion of the transaction, the insider owned 12,803 shares of the company's stock, valued at approximately $1,630,334.02. This represents a 63.44% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 180,952 shares of company stock valued at $23,360,571. Company insiders own 2.63% of the company's stock.

Vertiv Stock Performance

NYSE VRT opened at $180.33 on Thursday. The company's fifty day moving average is $141.77 and its two-hundred day moving average is $118.45. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-week high of $184.44. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35. The firm has a market capitalization of $68.86 billion, a price-to-earnings ratio of 86.28, a P/E/G ratio of 1.51 and a beta of 1.84.

Vertiv (NYSE:VRT - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.12. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The business had revenue of $2.64 billion during the quarter, compared to analysts' expectations of $2.36 billion. During the same quarter last year, the company earned $0.67 earnings per share. The firm's revenue was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Equities research analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were issued a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv's dividend payout ratio (DPR) is presently 7.18%.

About Vertiv

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

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