Neville Rodie & Shaw Inc. Boosts Stock Position in Vertiv Holdings Co. $VRT

Key Points

• Neville Rodie & Shaw Inc. increased its stake in Vertiv Holdings Co. by 7.4% during the second quarter, owning 59,460 shares valued at approximately $7.6 million.
• Insider transactions revealed that Karsten Winther and Jakki L. Haussler significantly reduced their holdings, selling 41,654 and 15,680 shares respectively, indicating a 68.85% and 77.20% decrease in their positions.
• Vertiv's recent earnings report for the second quarter showed a 35.1% revenue increase year-over-year, with earnings per share of $0.95, surpassing analysts' expectations.

Neville Rodie & Shaw Inc. raised its stake in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 7.4% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 59,460 shares of the company's stock after purchasing an additional 4,105 shares during the period. Neville Rodie & Shaw Inc.'s holdings in Vertiv were worth $7,635,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VRT. Vanguard Group Inc. increased its position in shares of Vertiv by 3.7% during the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company's stock valued at $2,723,034,000 after acquiring an additional 1,359,070 shares during the last quarter. Amundi grew its stake in Vertiv by 96.8% in the 1st quarter. Amundi now owns 6,951,773 shares of the company's stock valued at $469,490,000 after purchasing an additional 3,420,144 shares during the period. Fred Alger Management LLC increased its position 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 valued at $252,416,000 after purchasing an additional 572,545 shares during the last quarter. Dimensional Fund Advisors LP raised 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 period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings 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 worth $263,000,000 after buying an additional 812,389 shares during the last quarter. Hedge funds and other institutional investors own 89.92% of the company's stock.

Analysts Set New Price Targets

Several brokerages have commented on VRT. Melius raised shares of Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price objective on the stock in a research report on Tuesday, July 8th. Rothschild Redb raised shares of Vertiv to a "hold" rating in a report on Wednesday, August 20th. Rothschild & Co Redburn assumed coverage on shares of Vertiv in a report on Wednesday, August 20th. They issued a "neutral" rating and a $135.00 price target on the stock. Bank of America lifted their price target on shares of Vertiv from $140.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday, July 17th. Finally, Melius Research raised shares of Vertiv from a "hold" rating to a "strong-buy" rating and lifted their price target for the stock from $134.00 to $165.00 in a report on Tuesday, July 8th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $142.00.

Vertiv Price Performance

Shares of Vertiv stock traded up $3.71 during trading on Monday, hitting $138.55. The stock had a trading volume of 7,635,157 shares, compared to its average volume of 9,007,568. The firm has a market cap of $52.91 billion, a price-to-earnings ratio of 66.29, a P/E/G ratio of 1.19 and a beta of 1.78. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $155.84. The business's 50-day moving average is $131.73 and its 200 day moving average is $107.83. 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 released its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share 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 analysts' expectations 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 in the prior year, the firm posted $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, sell-side analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

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

Insider Activity at Vertiv

In related news, Director Jakki L. Haussler sold 15,680 shares of the company's stock in a transaction on Monday, September 8th. The shares were sold at an average price of $123.92, for a total value of $1,943,065.60. Following the completion of the transaction, the director directly owned 4,631 shares in the company, valued at approximately $573,873.52. The trade was a 77.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Steven Reinemund sold 100,000 shares of the stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the transaction, the director owned 133,333 shares in the company, valued at $17,095,957.26. The trade was a 42.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 180,952 shares of company stock valued at $23,360,571 over the last ninety days. 5.01% of the stock is currently owned by 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.