Optas LLC Has $381,000 Position in Vertiv Holdings Co. $VRT

Key Points

• Optas LLC reduced its holdings in Vertiv Holdings Co. by 48.1% during the second quarter, now owning 2,965 shares worth approximately $381,000.
• In contrast, several institutional investors have increased their stakes in Vertiv, with Vanguard Group growing its holdings by 3.7%, representing a significant total value increase.
• Vertiv recently posted a strong quarterly profit, reporting an EPS of $0.95, exceeding analyst expectations and reflecting a 35.1% year-over-year revenue growth.

Optas LLC cut its position in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 48.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,965 shares of the company's stock after selling 2,743 shares during the quarter. Optas LLC's holdings in Vertiv were worth $381,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in shares of Vertiv by 3.7% during the 1st quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company's stock valued at $2,723,034,000 after purchasing an additional 1,359,070 shares during the last quarter. Amundi grew its holdings in shares of Vertiv by 96.8% during the 1st quarter. Amundi now owns 6,951,773 shares of the company's stock valued at $469,490,000 after purchasing an additional 3,420,144 shares during the last quarter. Fred Alger Management LLC grew its holdings in shares of Vertiv by 19.6% during the 1st quarter. Fred Alger Management LLC now owns 3,496,060 shares of the company's stock valued at $252,416,000 after purchasing an additional 572,545 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Vertiv by 6.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,839,864 shares of the company's stock valued at $205,085,000 after purchasing an additional 182,937 shares during the last quarter. Finally, 1832 Asset Management L.P. grew its holdings in shares of Vertiv by 985.3% during 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 last quarter. 89.92% of the stock is owned by institutional investors.

Vertiv Trading Up 0.8%

VRT opened at $168.80 on Friday. The company's 50 day moving average price is $138.90 and its two-hundred day moving average price is $115.83. 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 Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $170.89. The firm has a market capitalization of $64.46 billion, a price-to-earnings ratio of 80.77, a PEG ratio of 1.47 and a beta of 1.84.

Vertiv (NYSE:VRT - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, beating 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 firm posted $0.67 EPS. 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. As a group, research analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were paid a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv's dividend payout ratio is currently 7.18%.

Insider Activity

In other news, insider Karsten Winther sold 41,654 shares of the company's stock in a transaction on 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 sale, the insider directly owned 18,848 shares of the company's stock, valued at approximately $2,529,590.08. This represents a 68.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Steven Reinemund sold 100,000 shares of the company'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 completion of the sale, the director directly owned 133,333 shares in the company, valued at approximately $17,095,957.26. This represents a 42.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 180,952 shares of company stock valued at $23,360,571. Company insiders own 2.63% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on VRT shares. Morgan Stanley reaffirmed an "overweight" rating on shares of Vertiv in a report on Sunday, August 10th. Rothschild Redb raised shares of Vertiv to a "hold" rating in a report on Wednesday, August 20th. William Blair started coverage on shares of Vertiv in a report on Monday, July 28th. They set an "outperform" rating on the stock. Weiss Ratings lowered shares of Vertiv from a "buy (b)" rating to a "hold (c+)" rating in a report on Wednesday. Finally, Evercore ISI boosted their target price on shares of Vertiv from $165.00 to $180.00 and gave the stock an "outperform" rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $149.84.

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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