Mountain Pacific Investment Advisers LLC Has $51.07 Million Stock Position in Vertiv Holdings Co. $VRT

Key Points

• Mountain Pacific Investment Advisers LLC has decreased its stake in Vertiv Holdings Co. by 1.8%, owning approximately 397,681 shares valued at $51.07 million.
• Vertiv reported $2.64 billion in revenue for the last quarter, exceeding analyst expectations, with an earnings growth of 35.1% year-over-year.
• The company recently declared a quarterly dividend of $0.0375, resulting in an annualized yield of 0.1% with a payout ratio of 7.18%.

Mountain Pacific Investment Advisers LLC decreased its position in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 1.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 397,681 shares of the company's stock after selling 7,205 shares during the quarter. Vertiv accounts for approximately 3.7% of Mountain Pacific Investment Advisers LLC's holdings, making the stock its 5th biggest holding. Mountain Pacific Investment Advisers LLC owned approximately 0.10% of Vertiv worth $51,066,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. GW&K Investment Management LLC acquired a new stake in shares of Vertiv during the first quarter worth approximately $26,000. SouthState Corp acquired a new stake in Vertiv during the 1st quarter valued at $27,000. North Star Investment Management Corp. increased its holdings in Vertiv by 4,120.0% during the 1st 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 in the last quarter. Sachetta LLC boosted its stake in Vertiv by 242.0% in the first quarter. Sachetta LLC now owns 448 shares of the company's stock worth $32,000 after purchasing an additional 317 shares in the last quarter. Finally, Banque Transatlantique SA bought a new stake in shares of Vertiv during the first quarter worth $33,000. 89.92% of the stock is owned by institutional investors.

Vertiv Stock Up 7.2%

Shares of Vertiv stock opened at $161.69 on Thursday. The business has a fifty day simple moving average of $136.19 and a 200 day simple moving average of $112.76. The stock has a market cap of $61.74 billion, a PE ratio of 77.36, a price-to-earnings-growth ratio of 1.33 and a beta of 1.84. 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 Holdings Co. has a 12 month low of $53.60 and a 12 month high of $162.23.

Vertiv (NYSE:VRT - Get Free Report) last released its 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. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The firm had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same quarter in the prior year, the firm posted $0.67 earnings per share. The company's quarterly revenue was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Research 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 paid a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv's dividend payout ratio (DPR) is currently 7.18%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Redburn Atlantic raised Vertiv to a "hold" rating in a report on Wednesday, August 20th. Citigroup upped their target price on shares of Vertiv from $130.00 to $149.00 and gave the stock a "buy" rating in a research report on Monday, July 14th. Bank of America increased their price target on shares of Vertiv from $140.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, July 17th. William Blair assumed coverage on shares of Vertiv in a report on Monday, July 28th. They issued an "outperform" rating for the company. Finally, Royal Bank Of Canada increased their price objective on Vertiv from $143.00 to $162.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $144.95.

Insider Buying and Selling

In related news, Director Steven Reinemund sold 100,000 shares of the business's stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Paul Ryan sold 22,218 shares of the company's stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total value of $2,829,240.12. Following the completion of the sale, the insider owned 12,803 shares in the company, valued at $1,630,334.02. This represents a 63.44% decrease in their position. The disclosure for this sale can be found here. Insiders sold 180,952 shares of company stock worth $23,360,571 over the last 90 days. Company insiders own 2.63% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.