OMERS ADMINISTRATION Corp Has $12.26 Million Stock Holdings in Vertiv Holdings Co. $VRT

Key Points

• OMERS ADMINISTRATION Corp increased its stake in Vertiv Holdings Co. by 42.9%, acquiring an additional 50,981 shares, bringing its total holdings to 169,734 shares worth approximately $12.25 million.
• Vertiv reported a strong quarterly performance with $2.64 billion in revenue, exceeding expectations and an earnings per share of $0.95, surpassing the consensus estimate of $0.83.
• Vertiv recently increased its dividend to $0.0375 per share, reflecting a 14.0% yield and a payout ratio of 7.18%, indicating strong financial health.

OMERS ADMINISTRATION Corp increased its holdings in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 42.9% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 169,734 shares of the company's stock after purchasing an additional 50,981 shares during the period. OMERS ADMINISTRATION Corp's holdings in Vertiv were worth $12,255,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. GW&K Investment Management LLC acquired a new position in Vertiv in the first quarter worth about $26,000. SouthState Corp acquired a new position in Vertiv in the first quarter worth about $27,000. North Star Investment Management Corp. raised its position in Vertiv by 4,120.0% in the first quarter. North Star Investment Management Corp. now owns 422 shares of the company's stock worth $30,000 after purchasing an additional 412 shares in the last quarter. Sachetta LLC grew its stake in Vertiv by 242.0% during the first quarter. Sachetta LLC now owns 448 shares of the company's stock worth $32,000 after buying an additional 317 shares during the last quarter. Finally, Colonial Trust Co SC grew its stake in 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 buying an additional 214 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company's stock.

Insider Buying and Selling at Vertiv

In related news, insider Paul Ryan sold 22,218 shares of the 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 transaction, the insider directly owned 12,803 shares in the company, valued at $1,630,334.02. This represents a 63.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Karsten Winther sold 41,654 shares of the stock in a transaction that occurred on 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 transaction, the insider owned 18,848 shares in the company, valued at $2,529,590.08. This represents a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 208,955 shares of company stock valued at $26,477,307. 2.63% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

VRT has been the topic of several research analyst reports. JPMorgan Chase & Co. upped their price objective on shares of Vertiv from $127.00 to $150.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Vertiv in a research note on Friday, July 11th. Mizuho upped their price objective on shares of Vertiv from $125.00 to $150.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 16th. Barclays set a $128.00 price objective on shares of Vertiv and gave the stock an "equal weight" rating in a research note on Thursday, July 31st. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of Vertiv in a research note on Sunday, August 10th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Vertiv currently has a consensus rating of "Moderate Buy" and an average price target of $142.00.

Vertiv Price Performance

Shares of VRT stock traded down $6.53 during trading hours on Friday, reaching $127.70. 6,363,320 shares of the company were exchanged, compared to its average volume of 6,130,561. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $155.84. The stock's fifty day moving average is $130.96 and its two-hundred day moving average is $105.98. The company has a market cap of $48.76 billion, a price-to-earnings ratio of 61.10, a P/E/G ratio of 1.18 and a beta of 1.77. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35.

Vertiv (NYSE:VRT - Get Free Report) last announced 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 for the quarter, compared to analyst estimates of $2.36 billion. During the same period in the prior year, the business earned $0.67 earnings per share. Vertiv'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. Sell-side analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 26th. Investors of record on Tuesday, June 17th were issued a $0.0375 dividend. This is an increase from Vertiv's previous dividend of $0.01. This represents a yield of 14.0%. The ex-dividend date was Monday, June 16th. Vertiv's dividend payout ratio (DPR) is currently 7.18%.

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.