Ceredex Value Advisors LLC Has $34.36 Million Stock Position in Vertiv Holdings Co. $VRT

Key Points

• Ceredex Value Advisors LLC increased its stake in Vertiv Holdings Co. by 95.1% during the first quarter, holding approximately $34.36 million worth of stock.
• Vertiv's quarterly earnings report revealed an EPS of $0.95, exceeding expectations, and revenue climbed 35.1% year-over-year to $2.64 billion.
• The company announced a dividend increase, with a new payment of $0.0375 per share, reflecting a significant boost from its previous dividend, which has led to a 14.0% dividend yield.

Ceredex Value Advisors LLC lifted its stake in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 95.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 475,950 shares of the company's stock after acquiring an additional 231,950 shares during the quarter. Ceredex Value Advisors LLC owned approximately 0.12% of Vertiv worth $34,364,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Caisse DE Depot ET Placement DU Quebec grew its holdings in Vertiv by 9.5% during the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 134,413 shares of the company's stock worth $9,705,000 after purchasing an additional 11,633 shares during the period. Bank of Hawaii grew its holdings in Vertiv by 2.2% during the first quarter. Bank of Hawaii now owns 33,515 shares of the company's stock worth $2,420,000 after purchasing an additional 724 shares during the period. Old West Investment Management LLC grew its holdings in Vertiv by 4.1% during the first quarter. Old West Investment Management LLC now owns 34,005 shares of the company's stock worth $2,455,000 after purchasing an additional 1,340 shares during the period. Thematics Asset Management grew its holdings in Vertiv by 101.5% during the first quarter. Thematics Asset Management now owns 300,240 shares of the company's stock worth $21,677,000 after purchasing an additional 151,240 shares during the period. Finally, Anson Funds Management LP grew its holdings in Vertiv by 180.9% during the first quarter. Anson Funds Management LP now owns 28,089 shares of the company's stock worth $2,028,000 after purchasing an additional 18,089 shares during the period. Institutional investors and hedge funds own 89.92% of the company's stock.

Vertiv Trading Down 0.7%

Shares of VRT stock opened at $125.07 on Tuesday. The firm has a 50 day moving average price of $130.06 and a two-hundred day moving average price of $105.58. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $47.76 billion, a PE ratio of 59.84, a price-to-earnings-growth ratio of 1.11 and a beta of 1.77. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $155.84.

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

Vertiv Increases Dividend

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

Wall Street Analyst Weigh In

A number of research firms recently commented on VRT. Rothschild & Co Redburn began coverage on Vertiv in a report on Wednesday, August 20th. They set a "neutral" rating and a $135.00 price target for the company. Bank of America lifted their price target on Vertiv from $140.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday, July 17th. Melius upgraded Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price target for the company in a report on Tuesday, July 8th. Barclays set a $128.00 price objective on shares of Vertiv and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. Finally, Royal Bank Of Canada raised their price objective on shares of Vertiv from $143.00 to $162.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. 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. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $142.00.

Insider Activity at Vertiv

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

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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