Intech Investment Management LLC Sells 4,546 Shares of Vertiv Holdings Co. $VRT

Key Points

• Intech Investment Management LLC cut its Vertiv stake by 13.3% in the fourth quarter, selling 4,546 shares and ending with 29,761 shares valued at about $4.82 million.
• Institutional ownership remains very high, with 89.92% of Vertiv shares held by institutions; meanwhile, director Edward L. Monser sold 77,294 shares in early March, reducing his position by 82.41%.
• Vertiv has strong analyst and earnings momentum: recent results beat estimates, revenue rose 30.1% year over year, and analysts currently rate the stock a Moderate Buy with a $322.32 consensus price target.

Intech Investment Management LLC trimmed its stake in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 13.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 29,761 shares of the company's stock after selling 4,546 shares during the period. Intech Investment Management LLC's holdings in Vertiv were worth $4,822,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. raised its stake 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 valued at $5,858,352,000 after acquiring an additional 826,281 shares in the last quarter. State Street Corp raised its stake in shares of Vertiv by 2.3% in the 3rd quarter. State Street Corp now owns 8,459,323 shares of the company's stock valued at $1,276,173,000 after acquiring an additional 189,484 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Vertiv by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company's stock valued at $1,141,723,000 after acquiring an additional 143,821 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Vertiv by 16.7% in the 3rd quarter. American Century Companies Inc. now owns 3,431,760 shares of the company's stock valued at $517,715,000 after acquiring an additional 491,349 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in Vertiv by 49.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company's stock worth $361,033,000 after buying an additional 930,158 shares during the period. 89.92% of the stock is owned by institutional investors.

Insider Buying and Selling at Vertiv

In other news, Director Edward L. Monser sold 77,294 shares of Vertiv stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $245.49, for a total transaction of $18,974,904.06. Following the sale, the director owned 16,500 shares of the company's stock, valued at approximately $4,050,585. This trade represents a 82.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.10% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on VRT shares. Bank of America lifted their price target on Vertiv from $370.00 to $440.00 and gave the stock a "buy" rating in a research report on Friday, May 15th. Weiss Ratings downgraded Vertiv from a "buy (b)" rating to a "buy (b-)" rating in a research report on Friday, April 24th. Jefferies Financial Group reaffirmed a "hold" rating and issued a $260.00 price target (down from $280.00) on shares of Vertiv in a research report on Tuesday, March 31st. Citigroup lifted their price target on Vertiv from $353.00 to $414.00 and gave the stock a "buy" rating in a research report on Thursday, May 7th. Finally, Wall Street Zen raised Vertiv from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $322.32.

Vertiv Price Performance

Shares of NYSE:VRT opened at $316.01 on Monday. Vertiv Holdings Co. has a 1-year low of $104.71 and a 1-year high of $379.93. The firm has a market capitalization of $121.38 billion, a PE ratio of 79.40, a PEG ratio of 1.37 and a beta of 2.04. The business's 50 day moving average is $305.93 and its 200-day moving average is $235.03. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69.

Vertiv (NYSE:VRT - Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. During the same quarter last year, the firm earned $0.64 EPS. Vertiv's revenue for the quarter 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. Sell-side analysts predict that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.

Vertiv Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 17th were issued a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Tuesday, March 17th. Vertiv's dividend payout ratio (DPR) is presently 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.

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.