Andra AP fonden Cuts Position in Vertiv Holdings Co. $VRT

Andra AP fonden cut its holdings in Vertiv Holdings Co. (NYSE:VRT) by 32.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 138,800 shares of the company’s stock after selling 66,452 shares during the period. Andra AP fonden’s holdings in Vertiv were worth $17,823,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. FengHe Fund Management Pte. Ltd. bought a new position in Vertiv in the 1st quarter worth about $33,389,000. Nordea Investment Management AB boosted its position in shares of Vertiv by 100.1% during 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 during the last quarter. Fox Run Management L.L.C. boosted its position in shares of Vertiv by 449.9% during 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 during the last quarter. iA Global Asset Management Inc. grew its holdings in shares of Vertiv by 130.2% during the second 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 in the last quarter. Finally, Trilogy Capital Inc. bought a new position in shares of Vertiv in the second quarter worth approximately $2,790,000. 89.92% of the stock is owned by hedge funds and other institutional investors.

Vertiv Stock Down 3.8%

Shares of NYSE:VRT opened at $183.40 on Friday. The stock has a market capitalization of $70.12 billion, a P/E ratio of 69.21, a price-to-earnings-growth ratio of 1.55 and a beta of 1.87. The stock’s 50-day moving average price is $158.36 and its 200-day moving average price is $131.57. The company has a current ratio of 1.83, a quick ratio of 1.43 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.

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

Vertiv Announces Dividend

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

Insider Activity

In related news, Director Steven Reinemund sold 100,000 shares of the business’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the transaction, the director owned 133,333 shares in the company, valued at $17,095,957.26. The trade was a 42.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Paul Ryan sold 22,218 shares of the company’s stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total value of $2,829,240.12. Following the transaction, the insider directly owned 12,803 shares of the company’s stock, valued at $1,630,334.02. The trade was a 63.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 180,952 shares of company stock worth $23,360,571 over the last ninety days. 2.63% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Bank of America lifted their target price on shares of Vertiv from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, July 17th. TD Cowen raised their price objective on shares of Vertiv from $162.00 to $210.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Zacks Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a report on Friday, October 31st. Oppenheimer increased their target price on Vertiv from $190.00 to $195.00 and gave the company an “outperform” rating in a research note on Thursday, October 23rd. Finally, The Goldman Sachs Group set a $182.00 price target on Vertiv in a research report on Thursday, October 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $177.81.

About Vertiv

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.