Varma Mutual Pension Insurance Co Lowers Stake in Vertiv Holdings Co. $VRT

Key Points

• Varma Mutual Pension Insurance Co. reduced its Vertiv stake by 15.4% in the second quarter, selling 11,200 shares and retaining 61,700 shares valued at approximately $20.7 million. Institutional investors collectively own 89.92% of Vertiv’s stock.
• Analysts remain broadly bullish, with a consensus “Buy” rating and an average price target of $357.83, despite several firms lowering their targets.
• Vertiv reported quarterly EPS of $1.52, exceeding estimates of $1.43, while revenue rose 24.1% year over year to $3.27 billion. Shares opened at $262.36, and the company pays a $0.25 annualized dividend yielding about 0.1%.

Varma Mutual Pension Insurance Co cut its holdings in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 15.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 61,700 shares of the company's stock after selling 11,200 shares during the quarter. Varma Mutual Pension Insurance Co's holdings in Vertiv were worth $20,658,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. SFE Investment Counsel grew its holdings in shares of Vertiv by 1.1% during the first quarter. SFE Investment Counsel now owns 3,052 shares of the company's stock worth $765,000 after buying an additional 32 shares during the last quarter. Versant Capital Management Inc increased its position in Vertiv by 3.0% in the 2nd quarter. Versant Capital Management Inc now owns 1,156 shares of the company's stock valued at $387,000 after acquiring an additional 34 shares during the period. Webster Bank N. A. raised its stake in Vertiv by 6.9% during the 1st quarter. Webster Bank N. A. now owns 542 shares of the company's stock valued at $136,000 after acquiring an additional 35 shares during the last quarter. Sachetta LLC raised its stake in Vertiv by 41.4% during the 1st quarter. Sachetta LLC now owns 123 shares of the company's stock valued at $31,000 after acquiring an additional 36 shares during the last quarter. Finally, Pincus Capital Management LP lifted its position in Vertiv by 0.8% during the 1st quarter. Pincus Capital Management LP now owns 4,713 shares of the company's stock worth $1,181,000 after acquiring an additional 38 shares during the period. 89.92% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

VRT has been the topic of several analyst reports. Royal Bank Of Canada lowered their target price on Vertiv from $418.00 to $337.00 and set an "outperform" rating on the stock in a research note on Thursday, July 30th. UBS Group restated a "buy" rating and set a $370.00 price target on shares of Vertiv in a research note on Thursday, July 30th. Robert W. Baird set a $320.00 price target on Vertiv in a report on Thursday, July 30th. Oppenheimer reiterated an "outperform" rating and issued a $325.00 price objective on shares of Vertiv in a research report on Thursday, July 30th. Finally, Sanford C. Bernstein reissued an "outperform" rating and issued a $368.00 price objective on shares of Vertiv in a research note on Friday, July 31st. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $357.83.

Vertiv Trading Down 0.9%

Shares of VRT opened at $262.36 on Friday. Vertiv Holdings Co. has a twelve month low of $118.70 and a twelve month high of $379.93. The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $101.01 billion, a P/E ratio of 59.36, a PEG ratio of 1.08 and a beta of 2.06. The firm's 50-day moving average is $294.65 and its two-hundred day moving average is $286.87.

Vertiv (NYSE:VRT - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.43 by $0.09. The company had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The company's revenue for the quarter was up 24.1% on a year-over-year basis. During the same period last year, the firm earned $0.95 EPS. 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, research analysts predict that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

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

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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