Vertiv Holdings Co. $VRT Shares Bought by Vaughan Nelson Investment Management L.P.

Key Points

• Vaughan Nelson Investment Management L.P. significantly increased its stake in Vertiv Holdings Co. by 146.4% during the 2nd quarter, now holding approximately $35.6 million worth of shares.
• Vertiv has received favorable ratings from analysts, with Zacks Research upgrading it to a "strong-buy," and the consensus target price currently stands at $144.95.
• In their last earnings report, Vertiv exceeded expectations with $0.95 EPS and revenue of $2.64 billion, reflecting a 35.1% increase compared to the previous year.

Vaughan Nelson Investment Management L.P. raised its position in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 146.4% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 277,058 shares of the company's stock after acquiring an additional 164,628 shares during the period. Vaughan Nelson Investment Management L.P. owned approximately 0.07% of Vertiv worth $35,577,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Stock Yards Bank & Trust Co. lifted its stake in shares of Vertiv by 20.2% in the 2nd quarter. Stock Yards Bank & Trust Co. now owns 3,452 shares of the company's stock worth $443,000 after acquiring an additional 581 shares during the period. Barrett & Company Inc. lifted its stake in shares of Vertiv by 3,200.0% in the 2nd quarter. Barrett & Company Inc. now owns 825 shares of the company's stock worth $106,000 after acquiring an additional 800 shares during the period. Copeland Capital Management LLC lifted its stake in shares of Vertiv by 42.8% in the 2nd quarter. Copeland Capital Management LLC now owns 13,266 shares of the company's stock worth $1,703,000 after acquiring an additional 3,973 shares during the period. Synergy Asset Management LLC acquired a new stake in shares of Vertiv in the 2nd quarter worth $336,000. Finally, Barton Investment Management acquired a new stake in shares of Vertiv in the 2nd quarter worth $295,000. Institutional investors and hedge funds own 89.92% of the company's stock.

Analysts Set New Price Targets

VRT has been the subject of several recent analyst reports. Zacks Research upgraded shares of Vertiv to a "strong-buy" rating in a research note on Monday, August 11th. Wall Street Zen upgraded shares of Vertiv from a "buy" rating to a "strong-buy" rating in a research note on Saturday, June 21st. Rothschild Redb upgraded shares of Vertiv to a "hold" rating in a research note on Wednesday, August 20th. UBS Group raised their price objective on shares of Vertiv from $135.00 to $173.00 and gave the company a "buy" rating in a research note on Thursday, July 31st. Finally, Barclays raised their price objective on shares of Vertiv from $128.00 to $145.00 and gave the company an "equal weight" rating in a research note on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $144.95.

Vertiv Stock Performance

Shares of VRT opened at $160.45 on Friday. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. The stock has a market cap of $61.27 billion, a P/E ratio of 76.77, a PEG ratio of 1.42 and a beta of 1.84. The company has a 50-day moving average of $137.27 and a two-hundred day moving average of $113.78. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $168.99.

Vertiv (NYSE:VRT - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.83 by $0.12. The company had revenue of $2.64 billion during the quarter, compared to analysts' expectations of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The firm's quarterly revenue was up 35.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, research analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Announces Dividend

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

Insider Activity

In other news, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the completion of the sale, the director directly owned 4,631 shares in the company, valued at $573,873.52. The trade was a 77.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction dated 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 sale, the insider owned 18,848 shares of the company's stock, valued at approximately $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. In the last ninety days, insiders have sold 180,952 shares of company stock valued at $23,360,571. 2.63% of the stock is owned by corporate 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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