Quantitative Investment Management LLC Buys 54,922 Shares of Vertiv Holdings Co. $VRT

Key Points

• Quantitative Investment Management LLC increased its stake in Vertiv Holdings Co. by 71.7% during Q1, now holding 131,504 shares valued at approximately $9.49 million.
• Vertiv announced a dividend increase to $0.0375 per share, yielding 14.0%, up from a previous dividend of $0.01, reflecting a commitment to return value to shareholders.
• Brokerage firms maintain a generally positive outlook on VRT, with recent upgrades leading to price targets ranging from $112 to $157, indicating confidence in the company's growth potential.

Quantitative Investment Management LLC increased its position in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 71.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 131,504 shares of the company's stock after buying an additional 54,922 shares during the quarter. Vertiv comprises about 0.9% of Quantitative Investment Management LLC's portfolio, making the stock its 22nd biggest position. Quantitative Investment Management LLC's holdings in Vertiv were worth $9,494,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Ibex Wealth Advisors lifted its holdings in shares of Vertiv by 10.5% in the first quarter. Ibex Wealth Advisors now owns 73,739 shares of the company's stock valued at $5,324,000 after purchasing an additional 6,989 shares in the last quarter. Gallo Partners LP bought a new position in shares of Vertiv in the fourth quarter valued at approximately $1,826,000. FengHe Fund Management Pte. Ltd. bought a new position in shares of Vertiv in the first quarter valued at approximately $33,389,000. Viking Fund Management LLC lifted its holdings in shares of Vertiv by 123.5% in the first quarter. Viking Fund Management LLC now owns 38,000 shares of the company's stock valued at $2,744,000 after purchasing an additional 21,000 shares in the last quarter. Finally, Outlook Wealth Advisors LLC bought a new position in shares of Vertiv in the first quarter valued at approximately $475,000. Institutional investors own 89.92% of the company's stock.

Vertiv Stock Performance

Shares of VRT traded down $0.90 on Monday, reaching $125.07. 4,607,954 shares of the company's stock traded hands, compared to its average volume of 7,698,873. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. The stock has a market cap of $47.76 billion, a PE ratio of 59.84, a PEG ratio of 1.11 and a beta of 1.77. The stock's 50 day simple moving average is $130.06 and its two-hundred day simple moving average is $105.58. Vertiv Holdings Co. has a 52-week low of $53.60 and a 52-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 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $0.12. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The company had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same period last year, the business posted $0.67 earnings per share. Vertiv's revenue was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, June 26th. Shareholders of record on Tuesday, June 17th were given 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 of this dividend was Monday, June 16th. Vertiv's dividend payout ratio (DPR) is 7.18%.

Insiders Place Their Bets

In other Vertiv news, insider Karsten Winther sold 41,654 shares of the firm's stock in a transaction on 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 sale, the insider directly owned 18,848 shares of the company's stock, valued at $2,529,590.08. This trade represents a 68.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Stephen Liang sold 43,683 shares of the firm's stock in a transaction on Friday, June 6th. The stock was sold at an average price of $115.83, for a total value of $5,059,801.89. Following the completion of the sale, the executive vice president directly owned 9,551 shares of the company's stock, valued at $1,106,292.33. This represents a 82.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.63% of the company's stock.

Analyst Ratings Changes

VRT has been the topic of a number of recent research reports. Barclays set a $128.00 target price on Vertiv and gave the company an "equal weight" rating in a report on Thursday, July 31st. Wall Street Zen upgraded Vertiv from a "buy" rating to a "strong-buy" rating in a report on Saturday, June 21st. Citigroup raised their target price on Vertiv from $130.00 to $149.00 and gave the company a "buy" rating in a report on Monday, July 14th. Oppenheimer raised their target price on Vertiv from $140.00 to $151.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Finally, Melius raised Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price target for the company in a research report on Tuesday, July 8th. 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 given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $142.00.

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.