Axiom Investors LLC DE Has $30.60 Million Stock Holdings in Vertiv Holdings Co. $VRT

Key Points

• Axiom Investors LLC DE sold 1,911,368 shares of Vertiv Holdings Co., reducing its stake by 81.9%, leaving them with 423,828 shares valued at $30.6 million.
• Vertiv reported a quarterly earnings per share (EPS) of $0.95, exceeding estimates, with revenue of $2.64 billion, marking a 35.1% increase compared to the previous year.
• The company increased its dividend to $0.0375 per share, reflecting a payout ratio of 7.18% and a yield of 14.0%.

Axiom Investors LLC DE lowered its stake in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 81.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 423,828 shares of the company's stock after selling 1,911,368 shares during the period. Axiom Investors LLC DE owned 0.11% of Vertiv worth $30,600,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of VRT. MML Investors Services LLC increased its holdings in shares of Vertiv by 26.3% in the fourth quarter. MML Investors Services LLC now owns 38,803 shares of the company's stock valued at $4,408,000 after purchasing an additional 8,087 shares in the last quarter. IHT Wealth Management LLC acquired a new stake in shares of Vertiv in the fourth quarter valued at approximately $211,000. Hsbc Holdings PLC increased its holdings in shares of Vertiv by 11.8% in the fourth quarter. Hsbc Holdings PLC now owns 279,053 shares of the company's stock valued at $31,813,000 after purchasing an additional 29,559 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Vertiv by 3.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,112,929 shares of the company's stock valued at $240,051,000 after purchasing an additional 77,859 shares in the last quarter. Finally, Pinebridge Investments L.P. increased its holdings in shares of Vertiv by 500.4% in the fourth quarter. Pinebridge Investments L.P. now owns 40,568 shares of the company's stock valued at $4,609,000 after purchasing an additional 33,811 shares in the last quarter. Institutional investors and hedge funds own 89.92% of the company's stock.

Insider Activity

In other Vertiv news, insider Karsten Winther sold 41,654 shares of the stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the transaction, the insider owned 18,848 shares in the company, valued at $2,529,590.08. This represents a 68.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Stephen Liang sold 43,683 shares of the stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $115.83, for a total transaction of $5,059,801.89. Following the transaction, the executive vice president owned 9,551 shares in the company, valued at approximately $1,106,292.33. The trade was a 82.06% decrease in their position. The disclosure for this sale can be found here. Insiders own 2.63% of the company's stock.

Analyst Ratings Changes

Several brokerages have commented on VRT. UBS Group upped their target price on shares of Vertiv from $135.00 to $173.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Rothschild & Co Redburn began coverage on shares of Vertiv in a research report on Wednesday, August 20th. They set a "neutral" rating and a $135.00 target price for the company. JPMorgan Chase & Co. upped their target price on shares of Vertiv from $127.00 to $150.00 and gave the company an "overweight" rating in a research report on Thursday, July 31st. Bank of America upped their target price on shares of Vertiv from $140.00 to $150.00 and gave the company a "buy" rating in a research report on Thursday, July 17th. Finally, Mizuho upped their target price on shares of Vertiv from $125.00 to $150.00 and gave the company an "outperform" rating in a research report on Wednesday, July 16th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $142.00.

Vertiv Trading Down 0.7%

Shares of VRT stock traded down $0.90 on Monday, hitting $125.07. The stock had a trading volume of 4,607,954 shares, compared to its average volume of 7,698,873. The firm has a market cap of $47.76 billion, a P/E ratio of 59.84, a PEG ratio of 1.11 and a beta of 1.77. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. Vertiv Holdings Co. has a twelve month low of $53.60 and a twelve month high of $155.84. The company has a fifty day moving average price of $130.06 and a two-hundred day moving average price of $105.58.

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

Vertiv Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 26th. Shareholders of record on Tuesday, June 17th were given a dividend of $0.0375 per share. This is a boost from Vertiv's previous dividend of $0.01. The ex-dividend date of this dividend was Monday, June 16th. This represents a yield of 14.0%. Vertiv's payout ratio is presently 7.18%.

Vertiv Profile

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.