Benchmark Investment Advisors LLC Acquires 26,445 Shares of Vertiv Holdings Co. $VRT

Key Points

• Benchmark Investment Advisors LLC significantly increased its stake in Vertiv Holdings Co. by 628.3% in Q1, owning a total of 30,654 shares valued at $2.21 million.
• Vertiv reported strong earnings for the last quarter, with EPS of $0.95, surpassing estimates, and a revenue increase of 35.1% year-over-year.
• The company recently announced a dividend increase to $0.0375 per share, reflecting a dividend yield of 14.0%, which is a significant rise from the previous dividend of $0.01.

Benchmark Investment Advisors LLC boosted its position in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 628.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,654 shares of the company's stock after purchasing an additional 26,445 shares during the quarter. Vertiv comprises about 1.4% of Benchmark Investment Advisors LLC's portfolio, making the stock its 22nd biggest holding. Benchmark Investment Advisors LLC's holdings in Vertiv were worth $2,213,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. GW&K Investment Management LLC acquired a new position in Vertiv in the 1st quarter valued at $26,000. SouthState Corp bought a new position in shares of Vertiv in the first quarter worth $27,000. North Star Investment Management Corp. increased its position in shares of Vertiv by 4,120.0% in the first quarter. North Star Investment Management Corp. now owns 422 shares of the company's stock worth $30,000 after purchasing an additional 412 shares during the period. Sachetta LLC increased its position in shares of Vertiv by 242.0% in the first quarter. Sachetta LLC now owns 448 shares of the company's stock worth $32,000 after purchasing an additional 317 shares during the period. Finally, Colonial Trust Co SC increased its position in shares of Vertiv by 211.9% in the fourth quarter. Colonial Trust Co SC now owns 315 shares of the company's stock worth $36,000 after purchasing an additional 214 shares during the period. 89.92% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Vertiv news, insider Paul Ryan sold 22,218 shares of the company's stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total value of $2,829,240.12. Following the sale, the insider owned 12,803 shares in the company, valued at approximately $1,630,334.02. The trade was a 63.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Karsten Winther sold 41,654 shares of the company's stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $134.21, for a total value of $5,590,383.34. Following the completion of the sale, the insider owned 18,848 shares in the company, valued at $2,529,590.08. This trade represents a 68.85% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 208,955 shares of company stock worth $26,477,307. Corporate insiders own 5.01% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently commented on VRT. Royal Bank Of Canada raised their price target on Vertiv from $143.00 to $162.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Melius upgraded Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price target on the stock in a research report on Tuesday, July 8th. Barclays set a $128.00 price target on Vertiv and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. Wall Street Zen upgraded Vertiv from a "buy" rating to a "strong-buy" rating in a research report on Saturday, June 21st. Finally, Wolfe Research reissued an "outperform" rating and set a $155.00 price target on shares of Vertiv in a report on Thursday, July 10th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $142.00.

Vertiv Price Performance

VRT traded down $6.53 on Friday, reaching $127.70. The stock had a trading volume of 6,363,320 shares, compared to its average volume of 5,898,191. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $155.84. The firm has a 50-day moving average of $130.96 and a 200-day moving average of $105.92. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $48.76 billion, a price-to-earnings ratio of 61.10, a price-to-earnings-growth ratio of 1.13 and a beta of 1.78.

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

Vertiv Increases Dividend

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