Canada Pension Plan Investment Board Sells 69,376 Shares of Vertiv Holdings Co. $VRT

Key Points

• Canada Pension Plan Investment Board reduced its Vertiv Holdings stake by 8.1%, selling 69,376 shares and retaining 791,292 shares valued at approximately $264.9 million. Institutional investors collectively own 89.92% of Vertiv.
• Vertiv reported quarterly EPS of $1.52, exceeding estimates of $1.43, while revenue rose 24.1% year over year to $3.27 billion, though it fell short of the $3.38 billion consensus forecast.
• Analysts maintain a broadly positive view, with a consensus “Buy” rating and an average price target of $357.83 versus the stock’s reported price of $255.52.

Canada Pension Plan Investment Board lessened its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 8.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 791,292 shares of the company's stock after selling 69,376 shares during the period. Canada Pension Plan Investment Board owned 0.21% of Vertiv worth $264,940,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of VRT. Sachetta LLC grew its position in shares of Vertiv by 41.4% in the 1st quarter. Sachetta LLC now owns 123 shares of the company's stock valued at $31,000 after buying an additional 36 shares during the last quarter. Cornerstone Planning Group LLC lifted its stake in shares of Vertiv by 60.5% in the first quarter. Cornerstone Planning Group LLC now owns 130 shares of the company's stock worth $33,000 after acquiring an additional 49 shares during the period. GoalVest Advisory LLC lifted its stake in shares of Vertiv by 87.3% in the second quarter. GoalVest Advisory LLC now owns 148 shares of the company's stock worth $50,000 after acquiring an additional 69 shares during the period. Vermillion & White Wealth Management Group LLC boosted its holdings in Vertiv by 58.3% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company's stock valued at $25,000 after acquiring an additional 56 shares during the last quarter. Finally, Center for Financial Planning Inc. increased its position in Vertiv by 554.2% during the 1st quarter. Center for Financial Planning Inc. now owns 157 shares of the company's stock valued at $39,000 after purchasing an additional 133 shares during the period. Institutional investors own 89.92% of the company's stock.

Vertiv Price Performance

Vertiv stock opened at $255.52 on Wednesday. The stock has a market capitalization of $98.37 billion, a price-to-earnings ratio of 57.81, a PEG ratio of 1.05 and a beta of 2.06. Vertiv Holdings Co. has a 52-week low of $118.70 and a 52-week high of $379.93. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.38. The stock's 50 day moving average price is $292.63 and its two-hundred day moving average price is $288.52.

Vertiv (NYSE:VRT - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.09. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The company had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.38 billion. During the same quarter in the previous year, the business posted $0.95 EPS. Vertiv's revenue for the quarter was up 24.1% compared to the same quarter last year. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. On average, equities analysts predict that Vertiv Holdings Co. will post 6.7 earnings per share for the current year.

Vertiv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were paid a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, June 15th. Vertiv's payout ratio is 5.66%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on VRT shares. Bank of America boosted their price target on shares of Vertiv from $370.00 to $440.00 and gave the stock a "buy" rating in a research report on Friday, May 15th. Barclays increased their price objective on shares of Vertiv from $345.00 to $412.00 and gave the stock an "overweight" rating in a research report on Friday, May 15th. Zacks Research raised shares of Vertiv from a "hold" rating to a "strong-buy" rating in a research note on Friday, July 31st. Citigroup dropped their target price on shares of Vertiv from $414.00 to $358.00 and set a "buy" rating on the stock in a report on Thursday, July 30th. Finally, Mizuho set a $380.00 price target on shares of Vertiv in a research report on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $357.83.

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.

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