Asset Management One Co. Ltd. Increases Stake in Vertiv Holdings Co. $VRT

Asset Management One Co. Ltd. increased its position in Vertiv Holdings Co. (NYSE:VRT) by 4.8% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 140,317 shares of the company’s stock after acquiring an additional 6,447 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Vertiv were worth $18,018,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in VRT. Perigon Wealth Management LLC increased its holdings in Vertiv by 8.7% in the 1st quarter. Perigon Wealth Management LLC now owns 25,189 shares of the company’s stock worth $1,819,000 after acquiring an additional 2,023 shares during the last quarter. Western Wealth Management LLC bought a new stake in shares of Vertiv during the first quarter valued at about $373,000. PDS Planning Inc bought a new stake in shares of Vertiv during the first quarter valued at about $239,000. Transcend Capital Advisors LLC increased its position in shares of Vertiv by 52.6% during the first quarter. Transcend Capital Advisors LLC now owns 4,351 shares of the company’s stock valued at $314,000 after buying an additional 1,500 shares during the period. Finally, Achmea Investment Management B.V. increased its position in shares of Vertiv by 42.5% during the first quarter. Achmea Investment Management B.V. now owns 64,984 shares of the company’s stock valued at $4,691,000 after buying an additional 19,387 shares during the period. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on VRT. TD Cowen upped their price target on Vertiv from $162.00 to $210.00 and gave the company a “buy” rating in a research report on Thursday. KGI Securities upgraded Vertiv from a “hold” rating to an “outperform” rating in a research report on Thursday. Wolfe Research reiterated an “outperform” rating and set a $155.00 price target on shares of Vertiv in a research report on Thursday, July 10th. Evercore ISI upped their price target on Vertiv from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Monday, October 20th. Finally, Weiss Ratings upgraded Vertiv from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $177.81.

Insider Transactions at Vertiv

In related news, insider Karsten Winther sold 41,654 shares of the business’s stock in a transaction that occurred 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 sale, the insider owned 18,848 shares in the company, valued at $2,529,590.08. The trade was a 68.85% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Steven Reinemund sold 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total value of $12,822,000.00. Following the completion of 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 position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 180,952 shares of company stock worth $23,360,571. 2.63% of the stock is owned by corporate insiders.

Vertiv Stock Performance

Shares of VRT opened at $185.87 on Friday. The company has a market cap of $70.98 billion, a PE ratio of 70.14, a price-to-earnings-growth ratio of 1.49 and a beta of 1.84. The company has a current ratio of 1.83, a quick ratio of 1.35 and a debt-to-equity ratio of 0.83. The stock has a 50-day moving average price of $147.30 and a 200-day moving average price of $124.14. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $188.89.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.25. The firm had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.59 billion. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The company’s revenue for the quarter was up 29.0% on a year-over-year basis. During the same quarter last year, the company posted $0.76 EPS. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. As a group, equities analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were given a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv’s dividend payout ratio (DPR) is 5.66%.

Vertiv 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.