Boston Common Asset Management LLC Has $19.64 Million Stake in Vertiv Holdings Co. $VRT

Key Points

• Boston Common Asset Management LLC reduced its stake in Vertiv Holdings by 12%, selling 20,814 shares, which left them with 152,952 shares valued at approximately $19.64 million.
• Institutional investors own about 89.92% of Vertiv, with significant increases in holdings from firms such as Amundi and Fred Alger Management LLC.
• Vertiv reported strong earnings with a revenue of $2.64 billion for the last quarter, surpassing estimates, and announced a quarterly dividend of $0.0375 per share.

Boston Common Asset Management LLC trimmed its stake in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 12.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 152,952 shares of the company's stock after selling 20,814 shares during the period. Boston Common Asset Management LLC's holdings in Vertiv were worth $19,641,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of Vertiv by 3.7% during the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company's stock worth $2,723,034,000 after purchasing an additional 1,359,070 shares in the last quarter. Amundi lifted its position in shares of Vertiv by 96.8% during the first quarter. Amundi now owns 6,951,773 shares of the company's stock worth $469,490,000 after purchasing an additional 3,420,144 shares in the last quarter. Fred Alger Management LLC lifted its position in shares of Vertiv by 19.6% during the first quarter. Fred Alger Management LLC now owns 3,496,060 shares of the company's stock worth $252,416,000 after purchasing an additional 572,545 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Vertiv by 6.9% during the first quarter. Dimensional Fund Advisors LP now owns 2,839,864 shares of the company's stock worth $205,085,000 after purchasing an additional 182,937 shares in the last quarter. Finally, 1832 Asset Management L.P. lifted its position in shares of Vertiv by 985.3% during the first quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company's stock worth $166,183,000 after purchasing an additional 2,089,612 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on VRT shares. Rothschild & Co Redburn started coverage on shares of Vertiv in a research note on Wednesday, August 20th. They set a "neutral" rating and a $135.00 price target for the company. Rothschild Redb raised shares of Vertiv to a "hold" rating in a research note on Wednesday, August 20th. Wolfe Research reissued an "outperform" rating and set a $155.00 price target on shares of Vertiv in a research note on Thursday, July 10th. Wall Street Zen raised shares of Vertiv from a "buy" rating to a "strong-buy" rating in a research note on Saturday, June 21st. Finally, Melius Research raised shares of Vertiv from a "hold" rating to a "strong-buy" rating and boosted their price target for the stock from $134.00 to $165.00 in a research note on Tuesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $144.95.

Insider Activity at Vertiv

In other news, Director Jakki L. Haussler sold 15,680 shares of the company's stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $123.92, for a total value of $1,943,065.60. Following the completion of the transaction, the director owned 4,631 shares in the company, valued at $573,873.52. This represents 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 through the SEC website. Also, Director Steven Reinemund sold 100,000 shares of the company's stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the completion of the transaction, the director owned 133,333 shares of the company's stock, valued at $17,095,957.26. This trade represents a 42.86% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 180,952 shares of company stock worth $23,360,571 over the last ninety days. 2.63% of the stock is owned by corporate insiders.

Vertiv Stock Down 0.7%

Shares of NYSE:VRT opened at $160.45 on Friday. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $168.99. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74. The company has a market capitalization of $61.27 billion, a PE ratio of 76.77, a PEG ratio of 1.41 and a beta of 1.84. The company has a 50 day moving average price of $137.27 and a two-hundred day moving average price of $113.95.

Vertiv (NYSE:VRT - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported $0.95 EPS 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 firm had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter in the prior year, the firm earned $0.67 earnings per share. The business's quarterly revenue was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv's dividend payout ratio is 7.18%.

Vertiv Company 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.

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