Vertiv Holdings Co. $VRT Shares Sold by Southeast Asset Advisors LLC

Key Points

• Southeast Asset Advisors LLC sold 4,870 shares of Vertiv Holdings Co. in the 1st quarter, reducing its holdings by 10.1%, which are now valued at approximately $3.14 million.
• Insiders, including Karsten Winther and Stephen Liang, significantly reduced their holdings by selling over 85,000 shares, leading to drastic decreases in their ownership stakes.
• Vertiv recently increased its dividend to $0.0375 per share, with a yield of 14.0%, a notable rise from its previous dividend of $0.01.

Southeast Asset Advisors LLC decreased its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 10.1% during the first quarter, according to its most recent filing with the SEC. The firm owned 43,465 shares of the company's stock after selling 4,870 shares during the period. Southeast Asset Advisors LLC's holdings in Vertiv were worth $3,138,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Focus Partners Advisor Solutions LLC boosted its stake in Vertiv by 3.1% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 3,226 shares of the company's stock worth $367,000 after purchasing an additional 97 shares in the last quarter. Utah Retirement Systems boosted its stake in Vertiv by 0.3% in the 4th quarter. Utah Retirement Systems now owns 39,300 shares of the company's stock worth $4,465,000 after purchasing an additional 100 shares in the last quarter. Wahed Invest LLC boosted its stake in Vertiv by 1.2% in the 4th quarter. Wahed Invest LLC now owns 8,798 shares of the company's stock worth $1,000,000 after purchasing an additional 105 shares in the last quarter. Ellevest Inc. boosted its stake in Vertiv by 5.9% in the 4th quarter. Ellevest Inc. now owns 2,393 shares of the company's stock worth $272,000 after purchasing an additional 133 shares in the last quarter. Finally, Commerce Bank boosted its stake in Vertiv by 0.7% in the 1st quarter. Commerce Bank now owns 20,739 shares of the company's stock worth $1,497,000 after purchasing an additional 134 shares in the last quarter. Hedge funds and other institutional investors own 89.92% of the company's stock.

Insiders Place Their Bets

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 transaction of $5,590,383.34. Following the completion of the sale, the insider owned 18,848 shares of the company's stock, valued at $2,529,590.08. This represents a 68.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Stephen Liang sold 43,683 shares of the company's stock in a transaction on Friday, June 6th. The stock was sold at an average price of $115.83, for a total transaction of $5,059,801.89. Following the sale, the executive vice president directly owned 9,551 shares of the company's stock, valued at $1,106,292.33. The trade was a 82.06% decrease in their position. The disclosure for this sale can be found here. 2.63% of the stock is owned by corporate insiders.

Vertiv Price Performance

NYSE VRT traded down $0.90 on Monday, hitting $125.07. The company had a trading volume of 4,607,954 shares, compared to its average volume of 7,698,873. The company has a market capitalization of $47.76 billion, a PE ratio of 59.84, a PEG ratio of 1.11 and a beta of 1.77. The company's fifty day moving average price is $130.06 and its 200-day moving average price is $105.58. 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 12-month low of $53.60 and a 12-month 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, topping the consensus estimate of $0.83 by $0.12. The company had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The firm's revenue was up 35.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 26th. Stockholders of record on Tuesday, June 17th were issued a dividend of $0.0375 per share. The ex-dividend date of this dividend was Monday, June 16th. This is a positive change from Vertiv's previous dividend of $0.01. This represents a dividend yield of 14.0%. Vertiv's payout ratio is currently 7.18%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Evercore ISI restated an "outperform" rating on shares of Vertiv in a research note on Thursday, July 10th. Melius upgraded shares of Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price objective for the company in a research note on Tuesday, July 8th. Redburn Atlantic upgraded shares of Vertiv to a "hold" rating in a research note on Wednesday, August 20th. Glj Research assumed coverage on shares of Vertiv in a research note on Tuesday, August 19th. They set a "sell" rating and a $112.00 price objective for the company. Finally, Bank of America lifted their price objective on shares of Vertiv from $140.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, July 17th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target 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.