Pallas Capital Advisors LLC Buys 8,619 Shares of Vertiv Holdings Co. $VRT

Key Points

• Pallas Capital Advisors LLC raised its stake in Vertiv Holdings Co. by 99.4%, holding approximately $2.22 million worth of stock after acquiring an additional 8,619 shares.
• Vertiv reported strong earnings, achieving $0.95 EPS in the latest quarter, exceeding analysts' expectations of $0.83 EPS and marking a significant 35.1% revenue increase year-over-year.
• The company declared a quarterly dividend of $0.0375 per share, with a low annual yield of 0.1%, reflecting a dividend payout ratio of 7.18%.

Pallas Capital Advisors LLC raised its stake in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 99.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,288 shares of the company's stock after buying an additional 8,619 shares during the quarter. Pallas Capital Advisors LLC's holdings in Vertiv were worth $2,220,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in Vertiv by 3.7% during the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company's stock worth $2,723,034,000 after purchasing an additional 1,359,070 shares during the period. Amundi boosted its position in shares of Vertiv by 96.8% during the first quarter. Amundi now owns 6,951,773 shares of the company's stock valued at $469,490,000 after buying an additional 3,420,144 shares during the period. Fred Alger Management LLC increased its position in shares of Vertiv by 19.6% during the first quarter. Fred Alger Management LLC now owns 3,496,060 shares of the company's stock worth $252,416,000 after purchasing an additional 572,545 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Vertiv by 6.9% in the first 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, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Vertiv by 54.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,314,934 shares of the company's stock worth $263,000,000 after acquiring an additional 812,389 shares in the last quarter. Institutional investors own 89.92% of the company's stock.

Vertiv Stock Up 1.4%

VRT traded up $2.03 during trading on Friday, reaching $143.99. The company had a trading volume of 6,677,486 shares, compared to its average volume of 6,273,855. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $155.84. The company has a market cap of $54.99 billion, a P/E ratio of 68.90, a PEG ratio of 1.27 and a beta of 1.78. The business's fifty day moving average price is $133.18 and its 200 day moving average price is $109.47. 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 released its earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share 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 business had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter in the prior year, the firm posted $0.67 EPS. The company's revenue for the quarter was up 35.1% compared to the same quarter last year. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Equities analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Monday, September 15th will be given a dividend of $0.0375 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.15 dividend on an annualized basis and a yield of 0.1%. Vertiv's payout ratio is 7.18%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on VRT. JPMorgan Chase & Co. raised their price objective on shares of Vertiv from $127.00 to $150.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. Royal Bank Of Canada lifted their price objective on shares of Vertiv from $143.00 to $162.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Wall Street Zen upgraded shares of Vertiv from a "buy" rating to a "strong-buy" rating in a research note on Saturday, June 21st. Citigroup increased their price objective on shares of Vertiv from $130.00 to $149.00 and gave the stock a "buy" rating in a report on Monday, July 14th. Finally, Mizuho lifted their price objective on shares of Vertiv from $125.00 to $150.00 and gave the stock an "outperform" rating in a research report 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 issued a Sell rating to the company's stock. According to data from MarketBeat, Vertiv has an average rating of "Moderate Buy" and a consensus price target of $142.00.

Insiders Place Their Bets

In other news, Director Steven Reinemund sold 100,000 shares of the business's stock in a transaction that occurred on 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 sale, the director owned 133,333 shares of the company's stock, valued at $17,095,957.26. The trade was a 42.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jakki L. Haussler sold 15,680 shares of the business's stock in a transaction on Monday, September 8th. The stock was sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the completion of the transaction, the director owned 4,631 shares in the company, valued at $573,873.52. This represents a 77.20% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 180,952 shares of company stock valued at $23,360,571 in the last 90 days. Corporate insiders own 2.63% of the company's stock.

About Vertiv

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.