Freemont Management S.A. Purchases 18,600 Shares of Vertiv Holdings Co. $VRT

Freemont Management S.A. grew its position in Vertiv Holdings Co. (NYSE:VRT) by 30.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 79,400 shares of the company’s stock after buying an additional 18,600 shares during the period. Vertiv makes up 1.5% of Freemont Management S.A.’s portfolio, making the stock its 21st largest position. Freemont Management S.A.’s holdings in Vertiv were worth $10,196,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. FengHe Fund Management Pte. Ltd. acquired a new position in shares of Vertiv in the first quarter valued at approximately $33,389,000. Nordea Investment Management AB lifted its position in Vertiv by 100.1% in the 2nd quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock valued at $415,132,000 after acquiring an additional 1,624,456 shares in the last quarter. Fox Run Management L.L.C. lifted its position in Vertiv by 449.9% in the 1st quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company’s stock valued at $1,556,000 after acquiring an additional 17,627 shares in the last quarter. iA Global Asset Management Inc. boosted its stake in Vertiv by 130.2% in the 2nd quarter. iA Global Asset Management Inc. now owns 9,147 shares of the company’s stock worth $1,175,000 after purchasing an additional 5,173 shares during the period. Finally, Trilogy Capital Inc. bought a new position in Vertiv during the 2nd quarter worth about $2,790,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Insider Activity

In other Vertiv news, insider Karsten Winther sold 41,654 shares of the company’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 sale, the insider owned 18,848 shares in the company, valued at $2,529,590.08. This represents a 68.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $123.92, for a total value of $1,943,065.60. Following the transaction, the director owned 4,631 shares of the company’s stock, valued at $573,873.52. This represents a 77.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 180,952 shares of company stock valued at $23,360,571. Company insiders own 2.63% of the company’s stock.

Vertiv Trading Down 1.9%

Shares of Vertiv stock opened at $179.63 on Friday. The stock has a market cap of $68.68 billion, a P/E ratio of 67.79, a P/E/G ratio of 1.48 and a beta of 1.87. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $202.45. The business’s 50 day moving average is $159.40 and its 200-day moving average is $132.35.

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

Vertiv Announces Dividend

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

Wall Street Analysts Forecast Growth

VRT has been the subject of several recent research reports. William Blair initiated coverage on Vertiv in a research report on Monday, July 28th. They set an “outperform” rating for the company. Evercore ISI upped their price target on Vertiv from $180.00 to $200.00 and gave the stock an “outperform” rating in a research report on Monday, October 20th. TD Cowen raised their price target on shares of Vertiv from $162.00 to $210.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Mizuho lifted their price objective on shares of Vertiv from $165.00 to $198.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Finally, Royal Bank Of Canada increased their target price on shares of Vertiv from $191.00 to $196.00 and gave the stock an “outperform” rating in a report on Thursday, October 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $177.81.

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.