Federation des caisses Desjardins du Quebec Purchases 14,448 Shares of Vertiv Holdings Co. $VRT

Key Points

• The Federation des caisses Desjardins du Quebec increased its stake in Vertiv Holdings Co. by 62.5%, holding 37,582 shares valued at approximately $2.71 million as of the latest SEC filing.
• Vertiv recently reported earnings of $0.95 per share for its last quarter, surpassing estimates and marking a 35.1% increase in revenue year-over-year.
• The company declared a quarterly dividend of $0.0375 per share, with the ex-dividend date set for September 15th, representing a yield of 0.1%.

Federation des caisses Desjardins du Quebec increased its position in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 62.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,582 shares of the company's stock after acquiring an additional 14,448 shares during the quarter. Federation des caisses Desjardins du Quebec's holdings in Vertiv were worth $2,713,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. 1832 Asset Management L.P. lifted its stake in Vertiv by 985.3% in the first quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company's stock valued at $166,183,000 after buying an additional 2,089,612 shares during the period. Vanguard Group Inc. lifted its stake in Vertiv by 3.7% in the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company's stock valued at $2,723,034,000 after buying an additional 1,359,070 shares during the period. Nuveen LLC acquired a new stake in shares of Vertiv during the first quarter worth about $77,820,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Vertiv by 54.1% during the fourth 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 purchasing an additional 812,389 shares during the period. Finally, First Manhattan CO. LLC. raised its position in shares of Vertiv by 131.7% during the first quarter. First Manhattan CO. LLC. now owns 918,021 shares of the company's stock worth $66,281,000 after purchasing an additional 521,762 shares during the period. Institutional investors and hedge funds own 89.92% of the company's stock.

Vertiv Stock Down 1.3%

VRT stock traded down $1.68 during mid-day trading on Friday, reaching $124.02. The company had a trading volume of 7,717,454 shares, compared to its average volume of 5,678,286. 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 stock has a 50 day simple moving average of $131.26 and a two-hundred day simple moving average of $106.53. The company has a market capitalization of $47.36 billion, a price-to-earnings ratio of 59.34, a PEG ratio of 1.09 and a beta of 1.78. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $155.84.

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 analysts' consensus estimates of $0.83 by $0.12. The firm had revenue of $2.64 billion during 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 business's revenue was up 35.1% compared to the same quarter last year. During the same period last year, the company earned $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, equities analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The business 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 $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Monday, September 15th. Vertiv's dividend payout ratio (DPR) is currently 7.18%.

Insider Buying and Selling at Vertiv

In other news, insider Paul Ryan sold 22,218 shares of Vertiv stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the completion of the transaction, the insider directly owned 12,803 shares in the company, valued at approximately $1,630,334.02. The trade was a 63.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $134.21, for a total value of $5,590,383.34. Following the transaction, 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 disclosure for this sale can be found here. Insiders sold a total of 165,272 shares of company stock worth $21,417,505 over the last ninety days. 2.63% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have recently commented on VRT. Wolfe Research reaffirmed an "outperform" rating and set a $155.00 price target on shares of Vertiv in a research report on Thursday, July 10th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Vertiv in a research report on Friday, July 11th. Citigroup raised their price target on Vertiv from $130.00 to $149.00 and gave the stock a "buy" rating in a research report on Monday, July 14th. Roth Capital raised their price target on Vertiv from $100.00 to $157.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Finally, Wall Street Zen raised Vertiv from a "buy" rating to a "strong-buy" rating in a research report on Saturday, June 21st. 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 given a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average 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.