Danske Bank A S Acquires 61,930 Shares of Vertiv Holdings Co. $VRT

Key Points

• Danske Bank A/S boosted its stake in Vertiv by 30.3% in Q4, buying 61,930 shares to total 266,355 shares (about 0.07% of the company) valued at roughly $43.15 million.
• Vertiv beat Q1 expectations, reporting $1.17 EPS vs. $1.00 expected and revenue of $2.65 billion (up 30.1% YoY), and issued Q2 2026 guidance of 1.370–1.430 EPS and FY2026 guidance of 6.300–6.400 EPS.
• Significant insider selling was disclosed: insiders sold 489,761 shares (~$123.36 million) in the last 90 days, including Chairman David M. Cote (40,000 shares) and Director Roger Fradin (101,666 shares).

Danske Bank A S grew its holdings in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 30.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 266,355 shares of the company's stock after buying an additional 61,930 shares during the quarter. Danske Bank A S owned approximately 0.07% of Vertiv worth $43,152,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in VRT. CreativeOne Wealth LLC increased its stake in Vertiv by 187.8% in the 3rd quarter. CreativeOne Wealth LLC now owns 10,646 shares of the company's stock worth $1,606,000 after acquiring an additional 6,947 shares during the last quarter. Abundance Wealth Counselors boosted its position in shares of Vertiv by 313.7% during the 3rd quarter. Abundance Wealth Counselors now owns 10,165 shares of the company's stock valued at $1,533,000 after acquiring an additional 7,708 shares during the last quarter. Plato Investment Management Ltd grew its holdings in shares of Vertiv by 272.7% in the third quarter. Plato Investment Management Ltd now owns 8,825 shares of the company's stock valued at $1,321,000 after purchasing an additional 6,457 shares in the last quarter. KLP Kapitalforvaltning AS increased its position in Vertiv by 5.5% in the third quarter. KLP Kapitalforvaltning AS now owns 143,100 shares of the company's stock worth $21,588,000 after purchasing an additional 7,400 shares during the last quarter. Finally, NTV Asset Management LLC increased its position in Vertiv by 200.7% in the third quarter. NTV Asset Management LLC now owns 26,458 shares of the company's stock worth $3,991,000 after purchasing an additional 17,658 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have commented on VRT. Weiss Ratings lowered shares of Vertiv from a "buy (b)" rating to a "buy (b-)" rating in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $281.00 target price on shares of Vertiv in a report on Thursday, February 12th. Evercore reaffirmed an "outperform" rating and issued a $350.00 price target on shares of Vertiv in a report on Monday, April 20th. HSBC started coverage on Vertiv in a research report on Wednesday, March 25th. They issued a "buy" rating and a $325.00 price target for the company. Finally, The Goldman Sachs Group upped their price objective on Vertiv from $277.00 to $311.00 and gave the company a "buy" rating in a research report on Tuesday, April 14th. Twenty-one research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Vertiv currently has an average rating of "Moderate Buy" and a consensus target price of $278.38.

Insider Transactions at Vertiv

In other Vertiv news, Chairman David M. Cote sold 40,000 shares of the company's stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $255.29, for a total value of $10,211,600.00. Following the transaction, the chairman owned 22,258 shares of the company's stock, valued at $5,682,244.82. This represents a 64.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Roger Fradin sold 101,666 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $252.13, for a total value of $25,633,048.58. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 489,761 shares of company stock valued at $123,356,815. Company insiders own 2.63% of the company's stock.

Vertiv Price Performance

Vertiv stock opened at $328.11 on Friday. Vertiv Holdings Co. has a 12-month low of $91.81 and a 12-month high of $331.97. 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 firm has a 50-day moving average price of $274.42 and a 200-day moving average price of $213.68. The firm has a market capitalization of $126.03 billion, a PE ratio of 82.44, a price-to-earnings-growth ratio of 1.41 and a beta of 2.10.

Vertiv (NYSE:VRT - Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. During the same period in the prior year, the firm posted $0.64 EPS. The firm's revenue was up 30.1% compared to the same quarter last year. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. As a group, equities research analysts forecast that Vertiv Holdings Co. will post 6.42 EPS for the current year.

Vertiv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 17th were paid a dividend of $0.0625 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv's dividend payout ratio is currently 6.28%.

About Vertiv

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.

Want to see what other hedge funds are holding VRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vertiv Holdings Co. (NYSE:VRT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.