Platinum Investment Management Ltd. Takes Position in Vertiv Holdings Co. $VRT

Platinum Investment Management Ltd. acquired a new position in Vertiv Holdings Co. (NYSE:VRT) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,539 shares of the company’s stock, valued at approximately $1,225,000.

A number of other large investors have also recently bought and sold shares of VRT. Amundi boosted its holdings in Vertiv by 96.8% in the first quarter. Amundi now owns 6,951,773 shares of the company’s stock worth $469,490,000 after purchasing an additional 3,420,144 shares in the last quarter. 1832 Asset Management L.P. boosted its holdings 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 worth $166,183,000 after purchasing an additional 2,089,612 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Vertiv by 3.7% in the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company’s stock worth $2,723,034,000 after purchasing an additional 1,359,070 shares in the last quarter. Nuveen LLC bought a new stake in Vertiv in the first quarter worth $77,820,000. Finally, Fred Alger Management LLC boosted its holdings in Vertiv by 19.6% in the first quarter. Fred Alger Management LLC now owns 3,496,060 shares of the company’s stock worth $252,416,000 after purchasing an additional 572,545 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on VRT. Bank of America upped their price objective on shares of Vertiv from $140.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, July 17th. Evercore ISI reissued an “outperform” rating on shares of Vertiv in a research report on Thursday, July 10th. Rothschild & Co Redburn initiated coverage on shares of Vertiv in a research report on Wednesday, August 20th. They set a “neutral” rating and a $135.00 target price for the company. Zacks Research raised shares of Vertiv to a “strong-buy” rating in a research report on Monday, August 11th. Finally, Mizuho boosted their target price on shares of Vertiv from $125.00 to $150.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 16th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $144.95.

Insider Buying and Selling at Vertiv

In related news, Director Steven Reinemund sold 100,000 shares of the company’s stock in a transaction dated 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. The trade was a 42.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Karsten Winther sold 41,654 shares of the company’s stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the completion of the sale, the insider directly owned 18,848 shares in the company, valued at approximately $2,529,590.08. The trade was a 68.85% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 180,952 shares of company stock worth $23,360,571. Insiders own 2.63% of the company’s stock.

Vertiv Stock Up 7.2%

Shares of VRT opened at $161.69 on Thursday. The company has a 50-day simple moving average of $136.19 and a 200-day simple moving average of $112.76. The firm has a market capitalization of $61.74 billion, a P/E ratio of 77.36, a P/E/G ratio of 1.33 and a beta of 1.84. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $162.23.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.12. The business had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The firm’s revenue for the quarter was up 35.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, equities research analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were paid a $0.0375 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.15 dividend on an annualized basis and a yield of 0.1%. Vertiv’s payout ratio is presently 7.18%.

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.