Mirova Purchases 7,072 Shares of Vertiv Holdings Co. $VRT

Key Points

• Mirova significantly increased its stake in Vertiv Holdings Co. by purchasing an additional 7,072 shares, bringing its total holdings to 10,000 shares worth approximately $722,000.
• Insider transactions revealed that key executives, including Karsten Winther, sold significant portions of their shares, with Winther's holdings decreasing by 68.85% after selling 41,654 shares.
• Vertiv recently declared a dividend increase to $0.0375 per share, demonstrating its commitment to returning value to shareholders, with a yield of 14.0%.

Mirova raised its position in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 241.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,000 shares of the company's stock after purchasing an additional 7,072 shares during the period. Mirova's holdings in Vertiv were worth $722,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. GW&K Investment Management LLC bought a new stake in shares of Vertiv during the first quarter worth $26,000. SouthState Corp bought a new stake in shares of Vertiv during the first quarter worth $27,000. North Star Investment Management Corp. increased its position 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 worth $30,000 after acquiring an additional 412 shares in the last quarter. Sachetta LLC increased its position in shares of Vertiv by 242.0% during the first quarter. Sachetta LLC now owns 448 shares of the company's stock worth $32,000 after acquiring an additional 317 shares in the last quarter. Finally, Colonial Trust Co SC increased its position in shares of Vertiv by 211.9% during the fourth quarter. Colonial Trust Co SC now owns 315 shares of the company's stock worth $36,000 after acquiring an additional 214 shares in the last quarter. Institutional investors own 89.92% of the company's stock.

Vertiv Stock Performance

Shares of NYSE VRT traded down $0.90 during mid-day trading on Monday, reaching $125.07. 4,607,954 shares of the company were exchanged, compared to its average volume of 7,698,873. The company's 50-day simple moving average is $130.06 and its 200-day simple moving average is $105.58. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93. The stock has a market capitalization of $47.76 billion, a P/E ratio of 59.84, a P/E/G ratio of 1.11 and a beta of 1.77. Vertiv Holdings Co. has a twelve month low of $53.60 and a twelve month high of $155.84.

Vertiv (NYSE:VRT - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.83 by $0.12. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The company had revenue of $2.64 billion during the quarter, compared to analysts' expectations of $2.36 billion. During the same quarter last year, the company posted $0.67 EPS. Vertiv'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, research analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Increases Dividend

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

Insider Activity

In other Vertiv news, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $134.21, for a total value of $5,590,383.34. Following the completion of the sale, the insider owned 18,848 shares in the company, valued at $2,529,590.08. The trade was a 68.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Stephen Liang sold 43,683 shares of the firm's stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $115.83, for a total transaction of $5,059,801.89. Following the completion of the transaction, the executive vice president directly owned 9,551 shares in the company, valued at approximately $1,106,292.33. This represents a 82.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.63% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on VRT shares. Melius Research raised shares of Vertiv from a "hold" rating to a "strong-buy" rating and raised their target price for the company from $134.00 to $165.00 in a research report on Tuesday, July 8th. Bank of America raised their target price on shares of Vertiv from $140.00 to $150.00 and gave the company a "buy" rating in a research report on Thursday, July 17th. Rothschild & Co Redburn assumed coverage on shares of Vertiv in a research note on Wednesday, August 20th. They issued a "neutral" rating and a $135.00 price target for the company. William Blair assumed coverage on shares of Vertiv in a research note on Monday, July 28th. They issued an "outperform" rating for the company. Finally, Zacks Research upgraded shares of Vertiv to a "strong-buy" rating in a research note on Monday, August 11th. Two equities research 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 company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target 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.