UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Sells 291,207 Shares of Vertiv Holdings Co. $VRT

Key Points

• UBS AM reduced its holdings in Vertiv Holdings Co. by 12.6%, selling 291,207 shares and now owning approximately 0.53% of the company, valued at $146.1 million.
• Analysts have set new price targets for Vertiv, with UBS Group raising its target from $135.00 to $173.00 and maintaining a "buy" rating.
• Vertiv reported a 35.1% increase in quarterly revenue year-over-year, with earnings of $0.95 per share, surpassing expectations of $0.83.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC reduced its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 12.6% in the first quarter, according to its most recent filing with the SEC. The fund owned 2,023,727 shares of the company's stock after selling 291,207 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.53% of Vertiv worth $146,113,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Ameriflex Group Inc. bought a new stake in Vertiv during the 4th quarter valued at $37,000. GW&K Investment Management LLC bought a new stake in Vertiv during the 1st quarter valued at $26,000. SouthState Corp bought a new stake in Vertiv during the 1st quarter valued at $27,000. North Star Investment Management Corp. raised its position in Vertiv by 4,120.0% during the 1st quarter. North Star Investment Management Corp. now owns 422 shares of the company's stock valued at $30,000 after purchasing an additional 412 shares in the last quarter. Finally, Sachetta LLC raised its position in Vertiv by 242.0% during the 1st quarter. Sachetta LLC now owns 448 shares of the company's stock valued at $32,000 after purchasing an additional 317 shares in the last quarter. 89.92% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on VRT shares. UBS Group lifted their target price on Vertiv from $135.00 to $173.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Vertiv in a research report on Friday, July 11th. Rothschild Redb raised Vertiv to a "hold" rating in a research report on Wednesday, August 20th. Wall Street Zen upgraded Vertiv from a "buy" rating to a "strong-buy" rating in a report on Saturday, June 21st. Finally, Royal Bank Of Canada lifted their price target on Vertiv from $143.00 to $162.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $142.00.

Vertiv Stock Down 0.6%

Shares of VRT stock opened at $134.90 on Friday. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year high of $155.84. The stock's fifty day moving average price is $131.73 and its 200 day moving average price is $107.66. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35. The company has a market cap of $51.51 billion, a price-to-earnings ratio of 64.55, a price-to-earnings-growth ratio of 1.20 and a beta of 1.78.

Vertiv (NYSE:VRT - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.12. The business had revenue of $2.64 billion for 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% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, research analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

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

Insider Transactions at Vertiv

In other news, Director Steven Reinemund sold 100,000 shares of the business'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 $17,095,957.26. The trade was a 42.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Paul Ryan sold 22,218 shares of the business's stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total value of $2,829,240.12. Following the completion of the transaction, the insider directly owned 12,803 shares of the company's stock, valued at approximately $1,630,334.02. This trade represents a 63.44% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 180,952 shares of company stock worth $23,360,571 in the last 90 days. 2.63% of the stock is owned by company insiders.

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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