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

Key Points

• Livforsakringsbolaget Skandia Omsesidigt reduced its stake in Vertiv Holdings Co. by 48.9%, resulting in a holdings value of approximately $349,000.
• Insider sales included a notable transaction where Director Steven Reinemund sold 100,000 shares worth $12.82 million, representing a 42.86% decrease in his holdings.
• Vertiv's stock has shown growth, with shares currently priced around $143.99 and an anticipated earnings of $3.59 per share for the current year.

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

Other large investors have also recently added to or reduced their stakes in the company. GW&K Investment Management LLC bought a new position in shares of Vertiv in the 1st quarter worth about $26,000. SouthState Corp bought a new position in shares of Vertiv in the 1st quarter worth about $27,000. North Star Investment Management Corp. lifted its position in shares of Vertiv by 4,120.0% in the 1st quarter. North Star Investment Management Corp. now owns 422 shares of the company's stock worth $30,000 after buying an additional 412 shares during the last quarter. Sachetta LLC lifted its position in shares of Vertiv by 242.0% in the 1st quarter. Sachetta LLC now owns 448 shares of the company's stock worth $32,000 after buying an additional 317 shares during the last quarter. Finally, Banque Transatlantique SA bought a new position in shares of Vertiv in the 1st quarter worth about $33,000. 89.92% of the stock is currently owned by institutional investors.

Insider Activity

In other news, insider Paul Ryan sold 22,218 shares of the business's stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total value of $2,829,240.12. Following the completion of the sale, the insider directly owned 12,803 shares in the company, valued at approximately $1,630,334.02. The trade was a 63.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Steven Reinemund sold 100,000 shares of the business's stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the transaction, the director directly owned 133,333 shares in the company, valued at $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 180,952 shares of company stock valued at $23,360,571 over the last three months. Corporate insiders own 2.63% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on VRT. Evercore ISI restated an "outperform" rating on shares of Vertiv in a research report on Thursday, July 10th. Redburn Atlantic upgraded shares of Vertiv to a "hold" rating in a research report on Wednesday, August 20th. Royal Bank Of Canada lifted their price objective on shares of Vertiv from $143.00 to $162.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Rothschild Redb upgraded shares of Vertiv to a "hold" rating in a research report on Wednesday, August 20th. Finally, Barclays set a $128.00 price objective on shares of Vertiv and gave the company an "equal weight" rating in a research report on Thursday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $142.00.

Vertiv Stock Up 1.4%

Shares of VRT stock traded up $2.03 during trading on Friday, hitting $143.99. 6,677,486 shares of the company were exchanged, compared to its average volume of 6,273,855. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74. The firm has a market capitalization of $54.99 billion, a price-to-earnings ratio of 68.90, a P/E/G ratio of 1.27 and a beta of 1.78. The business's 50-day simple moving average is $133.18 and its 200 day simple moving average is $109.47. Vertiv Holdings Co. has a twelve month low of $53.60 and a twelve month high of $155.84.

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

Vertiv Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Monday, September 15th will be paid a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Monday, September 15th. Vertiv's payout ratio is presently 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.