Tredje AP fonden Purchases 46,742 Shares of Vertiv Holdings Co. $VRT

Tredje AP fonden increased its position in Vertiv Holdings Co. (NYSE:VRT) by 42.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 155,584 shares of the company’s stock after purchasing an additional 46,742 shares during the period. Tredje AP fonden’s holdings in Vertiv were worth $25,206,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VRT. Vanguard Group Inc. increased its holdings in shares of Vertiv by 2.2% in the 3rd quarter. Vanguard Group Inc. now owns 38,833,036 shares of the company’s stock worth $5,858,352,000 after purchasing an additional 826,281 shares in the last quarter. State Street Corp lifted its holdings in shares of Vertiv by 2.3% during the third quarter. State Street Corp now owns 8,459,323 shares of the company’s stock valued at $1,276,173,000 after purchasing an additional 189,484 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Vertiv by 16.7% during the third quarter. American Century Companies Inc. now owns 3,431,760 shares of the company’s stock valued at $517,715,000 after purchasing an additional 491,349 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Vertiv by 49.5% during the second quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company’s stock valued at $361,033,000 after buying an additional 930,158 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in Vertiv by 1.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,143,067 shares of the company’s stock worth $323,303,000 after buying an additional 33,012 shares in the last quarter. 89.92% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Chairman David M. Cote sold 40,000 shares of Vertiv stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $255.29, for a total transaction of $10,211,600.00. Following the transaction, the chairman directly owned 22,258 shares in the company, valued at approximately $5,682,244.82. The trade was a 64.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Roger Fradin sold 101,667 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $253.42, for a total value of $25,764,451.14. Following the sale, the director directly owned 40,000 shares of the company’s stock, valued at $10,136,800. This represents a 71.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 489,761 shares of company stock worth $123,356,815 in the last quarter. Company insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. HSBC started coverage on Vertiv in a research report on Wednesday, March 25th. They issued a “buy” rating and a $325.00 target price for the company. Zacks Research cut shares of Vertiv from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Wall Street Zen downgraded shares of Vertiv from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 10th. Citigroup raised their target price on shares of Vertiv from $353.00 to $414.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $281.00 target price on shares of Vertiv in a research report on Thursday, February 12th. Twenty-two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Vertiv currently has a consensus rating of “Moderate Buy” and a consensus price target of $314.45.

Vertiv Stock Performance

VRT opened at $340.31 on Tuesday. The company’s 50 day moving average is $295.46 and its 200 day moving average is $226.63. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69. The company has a market cap of $130.72 billion, a price-to-earnings ratio of 85.50, a PEG ratio of 1.59 and a beta of 2.09. Vertiv Holdings Co. has a 12-month low of $101.00 and a 12-month high of $379.93.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The business had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.63 billion. During the same period in the prior year, the company earned $0.64 earnings per share. The firm’s revenue was up 30.1% on a year-over-year basis. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. On average, equities research analysts predict that Vertiv Holdings Co. will post 6.42 EPS for the current year.

Vertiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 17th were issued a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Tuesday, March 17th. Vertiv’s dividend payout ratio (DPR) is currently 6.28%.

Vertiv Company Profile

Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.

The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.