Vertiv Holdings Co. $VRT Stock Position Raised by Jump Financial LLC

Key Points

• Jump Financial LLC significantly increased its stake in Vertiv Holdings Co. by 379.4% in the first quarter, now owning approximately 458,799 shares valued at around $33 million.
• Vertiv recently declared an increased dividend of $0.0375 per share, up from $0.01, resulting in a yield of 14.0%.
• The company reported robust quarterly earnings, with $0.95 EPS surpassing estimates, and revenue reaching $2.64 billion, a 35.1% year-over-year increase.

Jump Financial LLC lifted its position in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 379.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 458,799 shares of the company's stock after purchasing an additional 363,095 shares during the period. Vertiv comprises 0.5% of Jump Financial LLC's portfolio, making the stock its 26th largest position. Jump Financial LLC owned 0.12% of Vertiv worth $33,125,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the company. 1832 Asset Management L.P. raised its position in shares of Vertiv by 985.3% in the 1st quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company's stock valued at $166,183,000 after purchasing an additional 2,089,612 shares in the last quarter. Vanguard Group Inc. raised 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 valued at $2,723,034,000 after purchasing an additional 1,359,070 shares in the last quarter. Nuveen LLC acquired a new position in shares of Vertiv in the 1st quarter valued at approximately $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% 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 valued at $263,000,000 after purchasing an additional 812,389 shares in the last quarter. Finally, Northern Trust Corp raised its position in shares of Vertiv by 21.9% in the 4th quarter. Northern Trust Corp now owns 2,713,234 shares of the company's stock valued at $308,251,000 after purchasing an additional 487,909 shares in the last quarter. 89.92% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

VRT has been the topic of a number of recent analyst reports. Oppenheimer upped their target price on Vertiv from $140.00 to $151.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. William Blair initiated coverage on Vertiv in a research report on Monday, July 28th. They issued an "outperform" rating on the stock. Rothschild & Co Redburn initiated coverage on Vertiv in a research report on Wednesday, August 20th. They issued a "neutral" rating and a $135.00 target price on the stock. Zacks Research raised Vertiv to a "strong-buy" rating in a research report on Monday, August 11th. Finally, Melius raised Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price target on the stock in a research report on Tuesday, July 8th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Vertiv has a consensus rating of "Moderate Buy" and a consensus target price of $142.00.

Vertiv Price Performance

VRT stock traded down $0.90 during trading hours on Monday, hitting $125.07. 4,607,954 shares of the stock traded hands, compared to its average volume of 9,173,686. The stock has a 50-day simple moving average of $129.89 and a 200 day simple moving average of $105.55. Vertiv Holdings Co. has a one year low of $53.60 and a one year high of $155.84. The company has a market cap of $47.76 billion, a P/E ratio of 59.84, a P/E/G ratio of 1.11 and a beta of 1.77. 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 (NYSE:VRT - Get Free Report) last announced its 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. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The business had revenue of $2.64 billion during the quarter, compared to analysts' expectations of $2.36 billion. During the same quarter last year, the business posted $0.67 earnings per share. The company's quarterly revenue was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Equities analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Increases Dividend

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

Insiders Place Their Bets

In related news, insider Karsten Winther sold 41,654 shares of the stock in a transaction 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 completion of the transaction, the insider owned 18,848 shares in the company, valued at $2,529,590.08. This trade represents a 68.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Stephen Liang sold 43,683 shares of the stock in a transaction on Friday, June 6th. The shares were sold at an average price of $115.83, for a total value of $5,059,801.89. Following the completion of the transaction, the executive vice president owned 9,551 shares of the company's stock, valued at $1,106,292.33. This trade represents a 82.06% decrease in their position. The disclosure for this sale can be found here. Company insiders own 5.01% of the company's stock.

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.