Vertiv Holdings Co. $VRT Holdings Raised by Whittier Trust Co. of Nevada Inc.

Key Points

• Whittier Trust Co. of Nevada Inc. increased its stake in Vertiv Holdings Co. by 3.0%, now owning 73,209 shares valued at approximately $9.4 million.
• Vertiv recently reported earnings of $0.95 EPS for the last quarter, exceeding estimates, with revenues reaching $2.64 billion, a 35.1% increase year-over-year.
• A significant share of Vertiv's stock, approximately 89.92%, is owned by hedge funds and institutional investors, indicating strong institutional interest in the company.

Whittier Trust Co. of Nevada Inc. boosted its stake in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 3.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 73,209 shares of the company's stock after buying an additional 2,129 shares during the quarter. Whittier Trust Co. of Nevada Inc.'s holdings in Vertiv were worth $9,401,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in 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 in the last quarter. Amundi increased its stake in shares of Vertiv by 96.8% during the 1st quarter. Amundi now owns 6,951,773 shares of the company's stock worth $469,490,000 after purchasing an additional 3,420,144 shares during the last quarter. Fred Alger Management LLC increased its stake in shares of Vertiv by 19.6% during the 1st quarter. Fred Alger Management LLC now owns 3,496,060 shares of the company's stock worth $252,416,000 after purchasing an additional 572,545 shares during the last quarter. Nordea Investment Management AB increased its stake in shares of Vertiv by 100.1% during the 2nd quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company's stock worth $415,132,000 after purchasing an additional 1,624,456 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Vertiv by 6.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,839,864 shares of the company's stock worth $205,085,000 after purchasing an additional 182,937 shares during the last quarter. Hedge funds and other institutional investors own 89.92% of the company's stock.

Vertiv Stock Performance

Shares of VRT opened at $175.90 on Tuesday. The company has a market capitalization of $67.17 billion, a PE ratio of 84.16, a price-to-earnings-growth ratio of 1.50 and a beta of 1.84. Vertiv Holdings Co. has a one year low of $53.60 and a one year high of $184.44. 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's fifty day moving average price is $143.94 and its 200 day moving average price is $121.34.

Vertiv (NYSE:VRT - Get Free Report) last announced its 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 firm had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The business's quarterly revenue was up 35.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were given a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv's dividend payout ratio (DPR) is currently 7.18%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on VRT. Rothschild Redb upgraded shares of Vertiv to a "hold" rating in a research note on Wednesday, August 20th. Weiss Ratings lowered shares of Vertiv from a "buy (b)" rating to a "hold (c+)" rating in a research note on Wednesday, October 8th. Oppenheimer increased their price target on shares of Vertiv from $151.00 to $190.00 and gave the stock an "outperform" rating in a research note on Tuesday, October 14th. JPMorgan Chase & Co. increased their price target on shares of Vertiv from $150.00 to $206.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 15th. Finally, Evercore ISI increased their price target on shares of Vertiv from $180.00 to $200.00 and gave the stock an "outperform" rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $161.30.

Insider Activity at Vertiv

In other Vertiv news, insider Paul Ryan sold 22,218 shares of the firm's stock in a transaction on 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 sale, the insider directly owned 12,803 shares in the company, valued at $1,630,334.02. This trade represents a 63.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, 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 transaction of $5,590,383.34. Following the completion of the sale, the insider owned 18,848 shares in the company, valued at $2,529,590.08. This represents a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 180,952 shares of company stock valued at $23,360,571. Company insiders own 5.01% of the company's stock.

Vertiv Company 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.

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