Vertiv Holdings Co. $VRT Shares Sold by Voya Investment Management LLC

Key Points

• Voya Investment Management LLC reduced its holdings in Vertiv Holdings Co. by 2.6%, owning 555,254 shares valued at $40,089,000 after selling 14,957 shares in the first quarter.
• Insiders have sold a total of 180,952 shares of Vertiv stock valued at approximately $23.4 million in the last quarter, resulting in significant percentage decreases in their ownership positions.
• Analysts maintain a consensus rating of "Moderate Buy" for Vertiv, with numerous price target increases, the highest being $173.00 by UBS Group.

Voya Investment Management LLC reduced its position in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 2.6% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 555,254 shares of the company's stock after selling 14,957 shares during the period. Voya Investment Management LLC owned 0.15% of Vertiv worth $40,089,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Vertiv by 41.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,905 shares of the company's stock valued at $4,874,000 after buying an additional 12,610 shares during the last quarter. Royal Bank of Canada lifted its position in shares of Vertiv by 52.5% during the 4th quarter. Royal Bank of Canada now owns 1,173,242 shares of the company's stock valued at $133,293,000 after buying an additional 403,882 shares in the last quarter. Snowden Capital Advisors LLC raised its stake in Vertiv by 24.6% during the 4th quarter. Snowden Capital Advisors LLC now owns 7,017 shares of the company's stock valued at $797,000 after purchasing an additional 1,384 shares during the period. Toronto Dominion Bank raised its stake in Vertiv by 7.1% during the 4th quarter. Toronto Dominion Bank now owns 46,629 shares of the company's stock valued at $5,298,000 after purchasing an additional 3,108 shares during the period. Finally, Tema Etfs LLC bought a new stake in Vertiv during the 4th quarter valued at approximately $503,000. Hedge funds and other institutional investors own 89.92% of the company's stock.

Wall Street Analysts Forecast Growth

VRT has been the topic of several analyst reports. Glj Research initiated coverage on Vertiv in a research report on Tuesday, August 19th. They set a "sell" rating and a $112.00 target price on the stock. Wolfe Research reiterated an "outperform" rating and set a $155.00 price target on shares of Vertiv in a research report on Thursday, July 10th. Mizuho raised their target price on Vertiv from $125.00 to $150.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 16th. Barclays set a $128.00 target price on Vertiv and gave the company an "equal weight" rating in a report on Thursday, July 31st. Finally, Rothschild Redb upgraded Vertiv to a "hold" rating in a research report on Wednesday, August 20th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $142.00.

Insider Buying and Selling

In other Vertiv news, insider Paul Ryan sold 22,218 shares of the firm's stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total value of $2,829,240.12. Following the transaction, the insider directly owned 12,803 shares of the company's stock, valued at $1,630,334.02. This trade represents a 63.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Karsten Winther sold 41,654 shares of the firm's stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $134.21, for a total value of $5,590,383.34. Following the completion of the transaction, the insider directly owned 18,848 shares in the company, valued at $2,529,590.08. This trade represents a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 180,952 shares of company stock valued at $23,360,571. 5.01% of the stock is owned by company insiders.

Vertiv Stock Performance

NYSE VRT traded up $3.71 on Monday, hitting $138.55. 7,635,157 shares of the company's stock were exchanged, compared to its average volume of 9,007,568. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35. The firm's 50-day moving average price is $131.73 and its two-hundred day moving average price is $107.83. Vertiv Holdings Co. has a fifty-two week low of $53.60 and a fifty-two week high of $155.84. The firm has a market cap of $52.91 billion, a price-to-earnings ratio of 66.29, a P/E/G ratio of 1.19 and a beta of 1.78.

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

Vertiv Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Monday, September 15th will be given a $0.0375 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.15 annualized dividend and a yield of 0.1%. 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.