Intech Investment Management LLC Sells 8,087 Shares of Vertiv Holdings Co. $VRT

Key Points

• Intech Investment Management LLC reduced its holdings in Vertiv Holdings Co. by 23.9% during the first quarter, selling 8,087 shares and ending with 25,772 shares valued at approximately $1.86 million.
• Research firm upgrades increased Vertiv's stock target prices, with JPMorgan raising its target from $127 to $150 and Mizuho from $125 to $150, indicating strong analyst confidence.
• Vertiv reported a quarterly earnings per share (EPS) of $0.95, surpassing estimates and showing a 35.1% year-over-year revenue increase, highlighting the company's robust financial performance.

Intech Investment Management LLC trimmed its position in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 23.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,772 shares of the company's stock after selling 8,087 shares during the quarter. Intech Investment Management LLC's holdings in Vertiv were worth $1,861,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Ameriflex Group Inc. bought a new stake in Vertiv during the fourth quarter worth about $37,000. GW&K Investment Management LLC bought a new stake in shares of Vertiv during the first quarter valued at approximately $26,000. SouthState Corp bought a new stake in shares of Vertiv during the first quarter valued at approximately $27,000. North Star Investment Management Corp. grew its stake in shares of Vertiv by 4,120.0% during the first quarter. North Star Investment Management Corp. now owns 422 shares of the company's stock valued at $30,000 after purchasing an additional 412 shares during the last quarter. Finally, Sachetta LLC grew its stake in shares of Vertiv by 242.0% during the first quarter. Sachetta LLC now owns 448 shares of the company's stock valued at $32,000 after purchasing an additional 317 shares during the last quarter. 89.92% of the stock is owned by institutional investors.

Vertiv Stock Up 1.4%

VRT traded up $2.03 during trading on Friday, hitting $143.99. The company had a trading volume of 6,677,486 shares, compared to its average volume of 6,273,855. The company has a market capitalization of $54.99 billion, a PE ratio of 68.90, a PEG ratio of 1.25 and a beta of 1.78. Vertiv Holdings Co. has a one year low of $53.60 and a one year high of $155.84. The firm's 50-day moving average price is $133.18 and its 200 day moving average price is $109.32. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93.

Vertiv (NYSE:VRT - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $2.64 billion for the quarter, compared to analysts' expectations of $2.36 billion. During the same period in the previous year, the firm posted $0.67 EPS. The firm's 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 analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

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

Analyst Ratings Changes

Several research firms have recently commented on VRT. JPMorgan Chase & Co. increased their price target on shares of Vertiv from $127.00 to $150.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Citigroup increased their price target on shares of Vertiv from $130.00 to $149.00 and gave the company a "buy" rating in a research note on Monday, July 14th. Glj Research began coverage on shares of Vertiv in a research note on Tuesday, August 19th. They set a "sell" rating and a $112.00 price target on the stock. Melius raised shares of Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price target on the stock in a research note on Tuesday, July 8th. Finally, Roth Capital raised their price objective on shares of Vertiv from $100.00 to $157.00 and gave the company a "buy" rating in a research note on Tuesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $142.00.

Insider Activity

In related news, Director Jakki L. Haussler sold 15,680 shares of the firm's stock in a transaction dated 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 sale, the director directly owned 4,631 shares in the company, valued at approximately $573,873.52. This trade represents a 77.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Karsten Winther sold 41,654 shares of the firm's stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the completion of the sale, the insider owned 18,848 shares of the company's stock, valued at $2,529,590.08. This trade represents a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 180,952 shares of company stock valued at $23,360,571. Company insiders own 2.63% of the company's stock.

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.