Plato Investment Management Ltd Sells 13,191 Shares of Vertiv Holdings Co. $VRT

Key Points

• Plato Investment Management Ltd reduced its stake in Vertiv Holdings Co. by 67.6%, selling 13,191 shares, and now holds 6,322 shares valued at approximately $461,000.
• Several institutional investors, including Vanguard and Amundi, have increased their positions in Vertiv, with Vanguard owning over 37 million shares valued at $2.7 billion following a 3.7% increase in holdings.
• Vertiv's recent quarterly earnings report showed a 35.1% increase in revenue year-over-year, reporting $2.64 billion in revenue and earnings per share of $0.95, exceeding estimates.

Plato Investment Management Ltd reduced its position in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 67.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,322 shares of the company's stock after selling 13,191 shares during the quarter. Plato Investment Management Ltd's holdings in Vertiv were worth $461,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Vertiv by 3.7% in the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company's stock valued at $2,723,034,000 after acquiring an additional 1,359,070 shares in the last quarter. Amundi raised its holdings in shares of Vertiv by 96.8% in the first quarter. Amundi now owns 6,951,773 shares of the company's stock valued at $469,490,000 after acquiring an additional 3,420,144 shares in the last quarter. Fred Alger Management LLC boosted its position in Vertiv by 19.6% during the first 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 in the last quarter. Dimensional Fund Advisors LP boosted its position in Vertiv by 6.9% during 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 in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Vertiv by 54.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,314,934 shares of the company's stock valued at $263,000,000 after purchasing an additional 812,389 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors.

Insider Transactions at Vertiv

In other news, insider Karsten Winther sold 41,654 shares of the firm's stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $134.21, for a total value of $5,590,383.34. Following the completion of the transaction, the insider directly owned 18,848 shares in the company, valued at $2,529,590.08. This trade represents a 68.85% decrease in their ownership of the stock. The sale 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 firm's stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total value of $12,822,000.00. Following the completion of the transaction, the director owned 133,333 shares of the company's stock, valued at approximately $17,095,957.26. The trade was a 42.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 180,952 shares of company stock valued at $23,360,571. 2.63% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on VRT. UBS Group raised their price objective on Vertiv from $135.00 to $173.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Barclays set a $128.00 price objective on Vertiv and gave the company an "equal weight" rating in a research report on Thursday, July 31st. Redburn Atlantic raised Vertiv to a "hold" rating in a research report on Wednesday, August 20th. Roth Capital raised their price objective on Vertiv from $100.00 to $157.00 and gave the company a "buy" rating in a research report on Tuesday, July 29th. Finally, Bank of America raised their price objective on Vertiv from $140.00 to $150.00 and gave the company a "buy" rating in a research report on Thursday, July 17th. Two investment 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. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $142.00.

Vertiv Price Performance

Shares of NYSE VRT opened at $135.51 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74. The company has a market cap of $51.75 billion, a PE ratio of 64.84, a P/E/G ratio of 1.21 and a beta of 1.78. The business has a 50-day simple moving average of $131.59 and a two-hundred day simple moving average of $107.36. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $155.84.

Vertiv (NYSE:VRT - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.12. The business had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.36 billion. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The company's quarterly revenue was up 35.1% on a year-over-year basis. During the same quarter last year, the company earned $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, equities analysts expect that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Monday, September 15th will be paid a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Monday, September 15th. Vertiv's dividend payout ratio (DPR) is presently 7.18%.

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.

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