Strs Ohio Invests $36.21 Million in Vertiv Holdings Co. $VRT

Key Points

• Strs Ohio has invested approximately $36.21 million in Vertiv Holdings Co. by acquiring over 501,000 shares during the first quarter of the year.
• Vertiv reported a quarterly EPS of $0.95, surpassing expectations, with revenues of $2.64 billion, representing a 35.1% year-over-year increase.
• The company declared a quarterly dividend of $0.0375 per share, with a scheduled payment date of September 25th, reflecting a 0.1% dividend yield.

Strs Ohio acquired a new position in Vertiv Holdings Co. (NYSE:VRT - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 501,552 shares of the company's stock, valued at approximately $36,212,000. Strs Ohio owned about 0.13% of Vertiv as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Vertiv by 3.7% in the 1st quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company's stock worth $2,723,034,000 after buying an additional 1,359,070 shares during the last quarter. Amundi grew its position in shares of Vertiv by 96.8% in the 1st quarter. Amundi now owns 6,951,773 shares of the company's stock worth $469,490,000 after buying an additional 3,420,144 shares during the last quarter. Fred Alger Management LLC grew its position in shares of Vertiv by 19.6% in the 1st quarter. Fred Alger Management LLC now owns 3,496,060 shares of the company's stock worth $252,416,000 after buying an additional 572,545 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Vertiv by 6.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,839,864 shares of the company's stock worth $205,085,000 after buying an additional 182,937 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Vertiv by 54.1% in 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 buying an additional 812,389 shares during the last quarter. Hedge funds and other institutional investors own 89.92% of the company's stock.

Vertiv Stock Performance

Shares of NYSE VRT opened at $135.51 on Friday. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $155.84. The company has a 50 day simple moving average of $131.59 and a two-hundred day simple moving average of $107.36. The stock has a market cap of $51.75 billion, a price-to-earnings ratio of 64.84, a PEG ratio of 1.21 and a beta of 1.78.

Vertiv (NYSE:VRT - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, beating the consensus estimate 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 analysts' expectations of $2.36 billion. During the same period in the previous year, the business posted $0.67 EPS. The business's quarterly revenue was up 35.1% compared to the same quarter last year. 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 Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Investors 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 payout ratio is currently 7.18%.

Insider Activity

In related news, insider Karsten Winther sold 41,654 shares of the business'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 completion of the transaction, the insider directly owned 18,848 shares in the company, valued at $2,529,590.08. The trade was a 68.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of the business's stock in a transaction on Monday, September 8th. The shares were 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 of the company's stock, valued at approximately $573,873.52. This represents a 77.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 180,952 shares of company stock valued at $23,360,571. 2.63% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on VRT. Zacks Research raised shares of Vertiv to a "strong-buy" rating in a research report on Monday, August 11th. Melius raised shares of Vertiv from a "hold" rating to a "buy" rating and set a $165.00 target price on the stock in a research report on Tuesday, July 8th. Barclays set a $128.00 target price on shares of Vertiv and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. Evercore ISI reissued an "outperform" rating on shares of Vertiv in a research report on Thursday, July 10th. Finally, Mizuho boosted their target price 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 equities 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 assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently 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.

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