EFG Asset Management North America Corp. Has $5.17 Million Stock Position in Vertiv Holdings Co. $VRT

Key Points

• EFG Asset Management North America Corp. increased its stake in Vertiv Holdings Co. by 48.5% to $5.17 million, making it the firm's 24th largest position.
• Major hedge funds, including Vanguard and Amundi, have significantly increased their holdings in Vertiv, indicating strong institutional interest, with 89.92% of the stock owned by institutional investors.
• Vertiv recently reported earnings that exceeded analysts' expectations, with revenue up 35.1% year-over-year, alongside a quarterly dividend of $0.0375 per share.

EFG Asset Management North America Corp. grew its holdings in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 48.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 71,562 shares of the company's stock after acquiring an additional 23,365 shares during the quarter. Vertiv accounts for 0.9% of EFG Asset Management North America Corp.'s portfolio, making the stock its 24th largest holding. EFG Asset Management North America Corp.'s holdings in Vertiv were worth $5,167,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. boosted its position in shares of Vertiv by 3.7% in the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company's stock valued at $2,723,034,000 after acquiring an additional 1,359,070 shares during the period. Amundi lifted its position in Vertiv by 96.8% in 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 during the period. Dimensional Fund Advisors LP boosted its stake in 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 buying an additional 182,937 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Vertiv by 54.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,314,934 shares of the company's stock worth $263,000,000 after buying an additional 812,389 shares in the last quarter. Finally, 1832 Asset Management L.P. boosted its stake in 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 buying an additional 2,089,612 shares in the last quarter. 89.92% of the stock is owned by institutional investors.

Vertiv Price Performance

Shares of NYSE:VRT traded down $1.68 during midday trading on Friday, reaching $124.02. The company's stock had a trading volume of 7,717,454 shares, compared to its average volume of 5,678,286. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $155.84. The company has a market capitalization of $47.36 billion, a P/E ratio of 59.34, a P/E/G ratio of 1.11 and a beta of 1.78. 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 business's fifty day simple moving average is $131.26 and its 200-day simple moving average is $106.53.

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, beating 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 company had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.36 billion. During the same period last year, the company posted $0.67 earnings per share. The firm's quarterly revenue 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, equities research analysts expect that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Monday, September 15th will be paid a $0.0375 dividend. The ex-dividend date is Monday, September 15th. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv's dividend payout ratio (DPR) is 7.18%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on VRT shares. Oppenheimer lifted their price target on shares of Vertiv from $140.00 to $151.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. The Goldman Sachs Group reiterated a "buy" rating on shares of Vertiv in a research note on Friday, July 11th. Morgan Stanley reiterated an "overweight" rating on shares of Vertiv in a research note on Sunday, August 10th. JPMorgan Chase & Co. lifted their price target on shares of Vertiv from $127.00 to $150.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Finally, Rothschild Redb raised Vertiv to a "hold" rating in a report on Wednesday, August 20th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $142.00.

Insider Activity

In related news, Director Steven Reinemund sold 100,000 shares of Vertiv stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total value of $12,822,000.00. Following the completion of the sale, the director directly owned 133,333 shares in the company, valued at $17,095,957.26. This trade represents a 42.86% 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 the SEC website. Also, insider Paul Ryan sold 22,218 shares of Vertiv 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 completion of the sale, the insider owned 12,803 shares of the company's stock, valued at approximately $1,630,334.02. The trade was a 63.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 165,272 shares of company stock worth $21,417,505. 2.63% of the stock is owned by corporate insiders.

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.