Thematics Asset Management Increases Stock Holdings in Vertiv Holdings Co. $VRT

Key Points

• Thematics Asset Management increased its stake in Vertiv Holdings Co. by 101.5%, owning 300,240 shares valued at approximately $21.68 million after acquiring an additional 151,240 shares.
• Vertiv's quarterly earnings beat expectations, reporting $0.95 EPS against a consensus estimate of $0.83, with revenue of $2.64 billion for the quarter.
• Several analysts have updated their ratings on Vertiv, with Royal Bank of Canada raising its target price from $143.00 to $162.00 and giving it an "outperform" rating.

Thematics Asset Management grew its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 101.5% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 300,240 shares of the company's stock after buying an additional 151,240 shares during the period. Thematics Asset Management owned 0.08% of Vertiv worth $21,677,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Ibex Wealth Advisors increased its stake in shares of Vertiv by 10.5% during the first quarter. Ibex Wealth Advisors now owns 73,739 shares of the company's stock valued at $5,324,000 after buying an additional 6,989 shares during the period. Gallo Partners LP purchased a new position in shares of Vertiv during the fourth quarter valued at approximately $1,826,000. FengHe Fund Management Pte. Ltd. purchased a new position in shares of Vertiv during the first quarter valued at approximately $33,389,000. Viking Fund Management LLC increased its stake in shares of Vertiv by 123.5% during the first quarter. Viking Fund Management LLC now owns 38,000 shares of the company's stock valued at $2,744,000 after buying an additional 21,000 shares during the period. Finally, Outlook Wealth Advisors LLC purchased a new stake in Vertiv in the first quarter worth $475,000. 89.92% of the stock is owned by hedge funds and other institutional investors.

Vertiv Stock Down 0.7%

Shares of NYSE VRT traded down $0.90 during trading on Monday, reaching $125.07. The company had a trading volume of 4,607,954 shares, compared to its average volume of 7,698,873. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $155.84. The stock has a market cap of $47.76 billion, a PE ratio of 59.84, a P/E/G ratio of 1.11 and a beta of 1.77. The business's 50-day moving average is $130.06 and its 200 day moving average is $105.58. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93.

Vertiv (NYSE:VRT - Get Free Report) last released 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 return on equity of 51.64% and a net margin of 8.93%.The company had revenue of $2.64 billion for the quarter, compared to analysts' expectations of $2.36 billion. During the same period last year, the firm posted $0.67 earnings per share. Vertiv's 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, equities analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Increases Dividend

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

Insider Buying and Selling at Vertiv

In related news, EVP Stephen Liang sold 43,683 shares of the 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. This trade represents a 82.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Karsten Winther sold 41,654 shares of the 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 sale, 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 disclosure for this sale can be found here. Company insiders own 2.63% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on VRT shares. Melius raised Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price target on the stock in a research note on Tuesday, July 8th. Oppenheimer upped their price target on Vertiv from $140.00 to $151.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. upped their price target on Vertiv from $127.00 to $150.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Zacks Research raised Vertiv to a "strong-buy" rating in a research note on Monday, August 11th. Finally, William Blair started coverage on Vertiv in a research note on Monday, July 28th. They issued an "outperform" rating on the stock. 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 issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $142.00.

Vertiv Profile

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.