Lbp Am Sa Lowers Holdings in Vertiv Holdings Co. $VRT

Key Points

• Lbp Am Sa has reduced its stake in Vertiv Holdings Co. by 6.4%, owning approximately $103.88 million worth of stock, which constitutes 1.5% of its investment portfolio.
• Vertiv recently announced strong quarterly earnings, with an EPS of $0.95, surpassing estimates, and reported a revenue increase of 35.1% year-over-year.
• The company declared a quarterly dividend of $0.0375 per share, reflecting an annualized payout of $0.15 and a yield of 0.1%.

Lbp Am Sa decreased its stake in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 6.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 808,943 shares of the company's stock after selling 55,409 shares during the quarter. Vertiv comprises about 1.5% of Lbp Am Sa's investment portfolio, making the stock its 13th biggest holding. Lbp Am Sa owned about 0.21% of Vertiv worth $103,876,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Westhampton Capital LLC purchased a new position in Vertiv during the second quarter valued at $229,000. Union Bancaire Privee UBP SA raised its stake in Vertiv by 452.9% during the second quarter. Union Bancaire Privee UBP SA now owns 201,247 shares of the company's stock valued at $25,842,000 after buying an additional 164,846 shares during the last quarter. Chicago Capital LLC raised its stake in Vertiv by 139.3% during the second quarter. Chicago Capital LLC now owns 274,630 shares of the company's stock valued at $35,265,000 after buying an additional 159,877 shares during the last quarter. Trivium Point Advisory LLC raised its stake in Vertiv by 35.5% during the second quarter. Trivium Point Advisory LLC now owns 7,628 shares of the company's stock valued at $980,000 after buying an additional 1,998 shares during the last quarter. Finally, Eagle Bluffs Wealth Management LLC raised its stake in shares of Vertiv by 1.0% in the second quarter. Eagle Bluffs Wealth Management LLC now owns 43,104 shares of the company's stock worth $5,535,000 after purchasing an additional 425 shares during the last quarter. Hedge funds and other institutional investors own 89.92% of the company's stock.

Vertiv Stock Up 5.2%

Vertiv stock opened at $150.82 on Wednesday. The stock has a market cap of $57.59 billion, a PE ratio of 72.16, a price-to-earnings-growth ratio of 1.26 and a beta of 1.78. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74. Vertiv Holdings Co. has a one year low of $53.60 and a one year high of $155.84. The stock has a fifty day moving average of $135.56 and a 200 day moving average of $112.42.

Vertiv (NYSE:VRT - Get Free Report) last released its quarterly earnings results 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. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The business had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.36 billion. During the same quarter in the previous year, the company posted $0.67 earnings per share. Vertiv'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, sell-side analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were issued a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv's payout ratio is currently 7.18%.

Insider Buying and Selling

In other Vertiv 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 transaction of $12,822,000.00. Following the completion of the sale, the director owned 133,333 shares of the company's stock, valued at approximately $17,095,957.26. The trade was a 42.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of the business'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 sale, the director directly owned 4,631 shares of the company's stock, valued at $573,873.52. This represents a 77.20% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 180,952 shares of company stock worth $23,360,571. Company insiders own 5.01% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on VRT shares. Citigroup boosted their price target on Vertiv from $130.00 to $149.00 and gave the stock a "buy" rating in a research note on Monday, July 14th. Wolfe Research restated an "outperform" rating and issued a $155.00 price target on shares of Vertiv in a research note on Thursday, July 10th. Melius upgraded Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price target for the company in a research note on Tuesday, July 8th. Glj Research started coverage on Vertiv in a research note on Tuesday, August 19th. They issued a "sell" rating and a $112.00 price target for the company. Finally, Mizuho boosted their price target on Vertiv from $125.00 to $150.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 16th. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $144.10.

Vertiv 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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