Freedom Investment Management Inc. Has $216,000 Position in Vertiv Holdings Co. $VRT

Key Points

• Freedom Investment Management Inc. has reduced its holdings in Vertiv Holdings Co. by 38.5%, selling 1,876 shares in Q1, leaving it with 2,996 shares valued at $216,000.
• Vertiv recently exceeded earnings expectations for the quarter, reporting $0.95 earnings per share against a consensus estimate of $0.83, with revenue of $2.64 billion, up 35.1% year-over-year.
• The company declared a dividend of $0.0375, significantly higher than its previous dividend, resulting in a dividend yield of 14.0% and a payout ratio of 7.18%.

Freedom Investment Management Inc. lowered its position in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 38.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,996 shares of the company's stock after selling 1,876 shares during the quarter. Freedom Investment Management Inc.'s holdings in Vertiv were worth $216,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Colonial Trust Co SC grew its stake in Vertiv by 211.9% in the fourth quarter. Colonial Trust Co SC now owns 315 shares of the company's stock valued at $36,000 after acquiring an additional 214 shares during the period. Ameriflex Group Inc. acquired a new position in Vertiv in the fourth quarter valued at about $37,000. GW&K Investment Management LLC acquired a new position in Vertiv in the first quarter valued at about $26,000. SouthState Corp acquired a new position in Vertiv in the first quarter valued at about $27,000. Finally, BNP Paribas acquired a new position in Vertiv in the fourth quarter valued at about $45,000. Institutional investors own 89.92% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on VRT. Royal Bank Of Canada upped their price objective on Vertiv from $143.00 to $162.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Wall Street Zen raised Vertiv from a "buy" rating to a "strong-buy" rating in a research report on Saturday, June 21st. Citigroup upped their price objective on Vertiv from $130.00 to $149.00 and gave the stock a "buy" rating in a research report on Monday, July 14th. Zacks Research raised Vertiv to a "strong-buy" rating in a research report on Monday, August 11th. Finally, Melius raised Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price objective for the company in a research report on Tuesday, July 8th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $142.00.

Vertiv Stock Performance

NYSE:VRT traded down $6.53 on Friday, hitting $127.70. The company's stock had a trading volume of 6,363,320 shares, compared to its average volume of 6,130,561. 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 stock has a fifty day moving average of $130.96 and a two-hundred day moving average of $105.98. The firm has a market capitalization of $48.76 billion, a P/E ratio of 61.10, a price-to-earnings-growth ratio of 1.18 and a beta of 1.77. Vertiv Holdings Co. has a one year low of $53.60 and a one year high of $155.84.

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

Vertiv Increases Dividend

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

Insider Transactions at Vertiv

In other news, 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. 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 is accessible through this link. Also, Director Steven Reinemund sold 100,000 shares of the stock in a transaction that occurred on 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 transaction, the director owned 133,333 shares in the company, valued at approximately $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 a total of 208,955 shares of company stock worth $26,477,307 in the last ninety days. 2.63% of the stock is currently owned by company 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.