Itau Unibanco Holding S.A. Has $713,000 Stock Position in Vertiv Holdings Co. $VRT

Key Points

• Itau Unibanco Holding S.A. significantly increased its holdings in Vertiv Holdings Co. by 2,313.0% during the first quarter, leading to a total stock value of $713,000.
• Several institutional investors, including Vanguard Group Inc. and 1832 Asset Management L.P., have also significantly increased their stakes in Vertiv, reflecting strong investor interest in the company.
• Vertiv recently reported earnings surpassing analysts’ expectations with a revenue increase of 35.1% year-over-year, and it also raised its dividend from $0.01 to $0.0375.

Itau Unibanco Holding S.A. raised its position in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 2,313.0% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 9,869 shares of the company's stock after acquiring an additional 9,460 shares during the period. Itau Unibanco Holding S.A.'s holdings in Vertiv were worth $713,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. 1832 Asset Management L.P. grew its position in Vertiv by 985.3% in the 1st quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company's stock valued at $166,183,000 after purchasing an additional 2,089,612 shares during the period. Vanguard Group Inc. lifted its stake 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 buying an additional 1,359,070 shares in the last quarter. Nuveen LLC acquired a new position in shares of Vertiv during the first quarter valued at about $77,820,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of 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 acquiring an additional 812,389 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in shares of Vertiv by 21.9% in the 4th quarter. Northern Trust Corp now owns 2,713,234 shares of the company's stock worth $308,251,000 after acquiring an additional 487,909 shares during the last quarter. Institutional investors own 89.92% of the company's stock.

Insider Transactions at Vertiv

In related news, Director Steven Reinemund sold 100,000 shares of the business's 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 sale, the director directly owned 133,333 shares in the company, valued at approximately $17,095,957.26. The trade was a 42.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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 transaction of $2,829,240.12. Following the completion of the transaction, the insider owned 12,803 shares of the company's stock, valued at $1,630,334.02. The trade was a 63.44% decrease in their position. The disclosure for this sale can be found here. Insiders sold 208,955 shares of company stock worth $26,477,307 over the last quarter. 2.63% of the stock is currently owned by corporate insiders.

Vertiv Trading Up 3.8%

Shares of Vertiv stock opened at $134.23 on Friday. The firm has a market cap of $51.26 billion, a PE ratio of 64.22, a P/E/G ratio of 1.14 and a beta of 1.77. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $155.84. 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 stock has a fifty day moving average price of $130.78 and a 200-day moving average price of $105.95.

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

Vertiv Increases Dividend

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

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Bank of America lifted their price target on Vertiv from $140.00 to $150.00 and gave the company a "buy" rating in a research note 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. JPMorgan Chase & Co. increased their price target on Vertiv from $127.00 to $150.00 and gave the company an "overweight" rating in a research report on Thursday, July 31st. William Blair initiated coverage on shares of Vertiv in a report on Monday, July 28th. They set an "outperform" rating on the stock. Finally, Evercore ISI reiterated an "outperform" rating on shares of Vertiv in a report on Thursday, July 10th. Two 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 issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $142.00.

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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