Vertiv Holdings Co. $VRT Shares Sold by Andra AP fonden

Andra AP fonden cut its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 22.0% during the second quarter, Holdings Channel.com reports. The institutional investor owned 63,513 shares of the company’s stock after selling 17,960 shares during the quarter. Andra AP fonden’s holdings in Vertiv were worth $21,265,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in VRT. Lingotto Investment Management LLP acquired a new stake in Vertiv during the 4th quarter valued at approximately $2,641,000. Norges Bank acquired a new stake in shares of Vertiv in the fourth quarter worth $808,701,000. Sterling Investment Advisors Ltd. increased its stake in shares of Vertiv by 26.1% in the fourth quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock worth $3,641,000 after acquiring an additional 4,645 shares during the period. Dymon Asia Capital Singapore PTE. LTD. purchased a new position in shares of Vertiv during the fourth quarter worth $2,197,000. Finally, Ritholtz Wealth Management raised its holdings in shares of Vertiv by 137.5% during the first quarter. Ritholtz Wealth Management now owns 7,238 shares of the company’s stock worth $1,814,000 after purchasing an additional 4,190 shares during the last quarter. 89.92% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

VRT has been the topic of several recent research reports. Robert W. Baird set a $320.00 price target on shares of Vertiv in a report on Thursday, July 30th. KeyCorp reduced their price objective on Vertiv from $360.00 to $325.00 and set an “overweight” rating for the company in a research note on Thursday, July 30th. Oppenheimer restated an “outperform” rating and issued a $325.00 target price on shares of Vertiv in a research note on Thursday, July 30th. Zacks Research lowered Vertiv from a “strong-buy” rating to a “hold” rating in a report on Monday, August 31st. Finally, Wall Street Zen upgraded Vertiv from a “hold” rating to a “buy” rating in a research report on Saturday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $357.83.

Vertiv Price Performance

Shares of NYSE:VRT traded up $2.15 during trading on Tuesday, reaching $253.01. 1,737,745 shares of the company’s stock traded hands, compared to its average volume of 6,510,323. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62. Vertiv Holdings Co. has a fifty-two week low of $133.85 and a fifty-two week high of $379.93. The company has a 50-day simple moving average of $269.66 and a 200-day simple moving average of $291.51. The firm has a market cap of $97.41 billion, a PE ratio of 57.37, a P/E/G ratio of 1.02 and a beta of 2.07.

Vertiv (NYSE:VRT) last released its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. The company had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.Vertiv’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.95 EPS. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. As a group, analysts predict that Vertiv Holdings Co. will post 6.72 earnings per share for the current year.

Vertiv Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Monday, September 14th will be paid a $0.0625 dividend. The ex-dividend date of this dividend is Monday, September 14th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is currently 5.66%.

Insider Buying and Selling

In related news, Director Edward Monser sold 15,287 shares of the business’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total value of $3,880,146.34. Following the completion of the sale, the director owned 16,500 shares of the company’s stock, valued at approximately $4,188,030. The trade was a 48.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.10% of the company’s stock.

Vertiv Profile

Vertiv Holdings Co (NYSE: VRT) designs, manufactures and services critical digital infrastructure that helps data centers, communications networks and other facilities operate reliably and efficiently. Its solutions support the availability, performance and growth of information technology systems.

The company’s products and services include power management and distribution equipment, uninterruptible power supplies, thermal management and cooling systems, racks and integrated infrastructure, monitoring and management software, and lifecycle services.