Livforsakringsbolaget Skandia Omsesidigt Sells 2,600 Shares of Vertiv Holdings Co. $VRT

Livforsakringsbolaget Skandia Omsesidigt reduced its holdings in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 48.9% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,721 shares of the company's stock after selling 2,600 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt's holdings in Vertiv were worth $349,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Focus Partners Advisor Solutions LLC increased its holdings in Vertiv by 3.1% in the fourth quarter. Focus Partners Advisor Solutions LLC now owns 3,226 shares of the company's stock worth $367,000 after purchasing an additional 97 shares in the last quarter. Commerce Bank grew its stake in Vertiv by 0.7% in the first quarter. Commerce Bank now owns 20,739 shares of the company's stock valued at $1,497,000 after acquiring an additional 134 shares during the period. TD Private Client Wealth LLC grew its stake in Vertiv by 37.5% in the first quarter. TD Private Client Wealth LLC now owns 510 shares of the company's stock valued at $37,000 after acquiring an additional 139 shares during the period. Forum Financial Management LP grew its stake in Vertiv by 5.4% in the first quarter. Forum Financial Management LP now owns 2,852 shares of the company's stock valued at $206,000 after acquiring an additional 147 shares during the period. Finally, MassMutual Private Wealth & Trust FSB grew its stake in Vertiv by 30.6% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 768 shares of the company's stock valued at $55,000 after acquiring an additional 180 shares during the period. 89.92% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on VRT. Melius Research raised Vertiv from a "hold" rating to a "strong-buy" rating and raised their price objective for the company from $134.00 to $165.00 in a research note on Tuesday, July 8th. Mizuho raised their price objective on Vertiv from $125.00 to $150.00 and gave the company an "outperform" rating in a research note on Wednesday, July 16th. JPMorgan Chase & Co. raised their price objective on Vertiv from $127.00 to $150.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Bank of America lifted their target price on Vertiv from $140.00 to $150.00 and gave the company a "buy" rating in a research report on Thursday, July 17th. Finally, Rothschild & Co Redburn began coverage on Vertiv in a research report on Wednesday, August 20th. They set a "neutral" rating and a $135.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $142.00.

Insider Buying and Selling

In other Vertiv news, Director Steven Reinemund sold 100,000 shares of Vertiv stock in a transaction on 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 completion of the sale, the director owned 133,333 shares of the company's stock, valued at approximately $17,095,957.26. This trade represents a 42.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction on Monday, September 8th. The stock was sold at an average price of $123.92, for a total value of $1,943,065.60. Following the completion of the sale, the director directly owned 4,631 shares of the company's stock, valued at approximately $573,873.52. The trade was a 77.20% decrease in their position. The disclosure for this sale can be found here. Insiders sold 180,952 shares of company stock worth $23,360,571 in the last 90 days. Corporate insiders own 5.01% of the company's stock.

Vertiv Trading Down 1.1%

Shares of VRT stock opened at $136.77 on Wednesday. The stock has a market capitalization of $52.23 billion, a PE ratio of 65.44, a P/E/G ratio of 1.22 and a beta of 1.78. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year high of $155.84. The business has a 50-day moving average of $132.18 and a 200 day moving average of $108.34. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35.

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

Vertiv Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Monday, September 15th will be given a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Monday, September 15th. Vertiv's dividend payout ratio (DPR) is 7.18%.

Vertiv Company 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.

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