Vertiv Holdings Co. $VRT Shares Sold by Flputnam Investment Management Co.

Key Points

• Flputnam Investment Management Co. reduced its holdings in Vertiv Holdings Co. by 84.3%, owning just 13,447 shares after selling 72,103 shares in the first quarter.
• Multiple hedge funds have recently made changes to their positions in Vertiv, with a collective ownership of about 89.92% of the stock by institutional investors.
• Vertiv's recent earnings report showed a EPS of $0.95, exceeding analyst expectations, with a year-over-year revenue increase of 35.1%.

Flputnam Investment Management Co. lessened its stake in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 84.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,447 shares of the company's stock after selling 72,103 shares during the period. Flputnam Investment Management Co.'s holdings in Vertiv were worth $971,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Alpine Global Management LLC acquired a new stake in shares of Vertiv in the 1st quarter valued at approximately $254,000. MAI Capital Management increased its stake in Vertiv by 1.3% in the 1st quarter. MAI Capital Management now owns 41,624 shares of the company's stock worth $3,005,000 after acquiring an additional 535 shares during the last quarter. Quarry LP lifted its holdings in Vertiv by 1,958.9% in the 1st quarter. Quarry LP now owns 5,662 shares of the company's stock worth $409,000 after buying an additional 5,387 shares during the period. Benchmark Investment Advisors LLC raised its stake in Vertiv by 628.3% during the first quarter. Benchmark Investment Advisors LLC now owns 30,654 shares of the company's stock valued at $2,213,000 after buying an additional 26,445 shares during the last quarter. Finally, Panagora Asset Management Inc. grew its holdings in shares of Vertiv by 5,953.6% in the first quarter. Panagora Asset Management Inc. now owns 359,102 shares of the company's stock worth $25,927,000 after acquiring an additional 353,170 shares during the period. 89.92% of the stock is owned by institutional investors.

Insider Buying and Selling at Vertiv

In other Vertiv news, Director Steven Reinemund sold 100,000 shares of the firm's stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total value of $12,822,000.00. Following the sale, the director owned 133,333 shares of the company's stock, valued at $17,095,957.26. This trade represents a 42.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Stephen Liang sold 43,683 shares of the business's stock in a transaction dated Friday, June 6th. The stock was 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 directly owned 9,551 shares of the company's stock, valued at approximately $1,106,292.33. This trade represents a 82.06% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 208,955 shares of company stock valued at $26,477,307 over the last ninety days. Insiders own 2.63% of the company's stock.

Vertiv Stock Up 1.3%

Shares of Vertiv stock traded up $1.55 on Wednesday, hitting $125.56. The company had a trading volume of 4,034,738 shares, compared to its average volume of 5,560,951. Vertiv Holdings Co. has a twelve month low of $53.60 and a twelve month high of $155.84. The stock has a 50-day moving average of $131.30 and a 200-day moving average of $106.32. The firm has a market capitalization of $47.95 billion, a P/E ratio of 60.08, a P/E/G ratio of 1.13 and a beta of 1.78. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35.

Vertiv (NYSE:VRT - Get Free Report) last issued its quarterly earnings data 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 net margin of 8.93% and a return on equity of 51.64%. The company had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same period in the prior year, the firm earned $0.67 earnings per share. The company's revenue was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Research analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The business also recently disclosed 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. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. Vertiv's dividend payout ratio (DPR) is 7.18%.

Analyst Ratings Changes

A number of research firms have weighed in on VRT. Glj Research initiated coverage on Vertiv in a report on Tuesday, August 19th. They set a "sell" rating and a $112.00 target price for the company. Barclays set a $128.00 target price on shares of Vertiv and gave the company an "equal weight" rating in a report on Thursday, July 31st. Wall Street Zen upgraded shares of Vertiv from a "buy" rating to a "strong-buy" rating in a research report on Saturday, June 21st. JPMorgan Chase & Co. increased their price target on shares of Vertiv from $127.00 to $150.00 and gave the stock an "overweight" rating in a research note on Thursday, July 31st. Finally, Redburn Atlantic raised shares of Vertiv to a "hold" rating in a report on Wednesday, August 20th. Two 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $142.00.

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.