Lansforsakringar Fondforvaltning AB publ Sells 3,608 Shares of Vertiv Holdings Co. $VRT

Key Points

• Lansforsakringar Fondforvaltning AB publ reduced its stake in Vertiv Holdings Co. by 3.2%, now holding shares worth $7.99 million after selling 3,608 shares in the first quarter.
• In insider trading news, executives sold a significant number of shares, including EVP Stephen Liang, who sold 43,683 shares for over $5 million, representing an 82.06% decrease in his ownership.
• Vertiv announced a new dividend of $0.0375 per share, up from a previous dividend of $0.01, reflecting a dividend yield of 14.0%.

Lansforsakringar Fondforvaltning AB publ reduced its stake in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 3.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,664 shares of the company's stock after selling 3,608 shares during the quarter. Lansforsakringar Fondforvaltning AB publ's holdings in Vertiv were worth $7,990,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VRT. 1832 Asset Management L.P. increased its stake in shares of Vertiv by 985.3% in the first quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company's stock valued at $166,183,000 after buying an additional 2,089,612 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Vertiv by 3.7% in the first quarter. Vanguard Group Inc. now owns 37,715,159 shares of the company's stock valued at $2,723,034,000 after buying an additional 1,359,070 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Vertiv in the first quarter valued at $77,820,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Vertiv by 54.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,314,934 shares of the company's stock valued at $263,000,000 after buying an additional 812,389 shares in the last quarter. Finally, Voloridge Investment Management LLC increased its stake in shares of Vertiv by 370.7% in the fourth quarter. Voloridge Investment Management LLC now owns 607,384 shares of the company's stock valued at $69,005,000 after buying an additional 478,350 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Vertiv news, EVP Stephen Liang sold 43,683 shares of the firm's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $115.83, for a total transaction of $5,059,801.89. Following the transaction, the executive vice president owned 9,551 shares in the company, valued at approximately $1,106,292.33. This trade represents a 82.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Steven Reinemund sold 100,000 shares of the firm's stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total value of $12,822,000.00. Following the transaction, the director owned 133,333 shares in the company, valued at approximately $17,095,957.26. This trade represents a 42.86% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 208,955 shares of company stock worth $26,477,307 in the last ninety days. 5.01% of the stock is currently owned by corporate insiders.

Vertiv Trading Down 4.9%

VRT stock traded down $6.53 during midday trading on Friday, reaching $127.70. The stock had a trading volume of 6,363,320 shares, compared to its average volume of 5,898,191. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93. Vertiv Holdings Co. has a twelve month low of $53.60 and a twelve month high of $155.84. The firm has a market cap of $48.76 billion, a price-to-earnings ratio of 61.10, a PEG ratio of 1.13 and a beta of 1.78. The business has a fifty day simple moving average of $130.96 and a two-hundred day simple moving average of $105.92.

Vertiv (NYSE:VRT - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.83 by $0.12. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The firm had revenue of $2.64 billion for the quarter, compared to analysts' expectations of $2.36 billion. During the same quarter last year, the business earned $0.67 earnings per share. The company's revenue was up 35.1% compared to the same quarter last year. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, research analysts expect that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, June 26th. Shareholders of record on Tuesday, June 17th were issued a dividend of $0.0375 per share. This represents a yield of 14.0%. This is an increase from Vertiv's previous dividend of $0.01. The ex-dividend date was Monday, June 16th. Vertiv's dividend payout ratio (DPR) is 7.18%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on VRT. Royal Bank Of Canada raised their target price on Vertiv from $143.00 to $162.00 and gave the company an "outperform" rating in a research note on Thursday, July 31st. Melius Research upgraded Vertiv from a "hold" rating to a "strong-buy" rating and raised their target price for the company from $134.00 to $165.00 in a research note on Tuesday, July 8th. Glj Research started coverage on Vertiv in a research report on Tuesday, August 19th. They issued a "sell" rating and a $112.00 price objective for the company. The Goldman Sachs Group reiterated a "buy" rating on shares of Vertiv in a research report on Friday, July 11th. Finally, Roth Capital lifted their price objective on Vertiv from $100.00 to $157.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $142.00.

Vertiv Profile

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.