Danske Bank A S lifted its stake in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) by 30.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 266,355 shares of the company’s stock after acquiring an additional 61,930 shares during the quarter. Danske Bank A S’s holdings in Vertiv were worth $43,152,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Pacer Advisors Inc. increased its holdings in Vertiv by 67.6% during the 3rd quarter. Pacer Advisors Inc. now owns 171 shares of the company’s stock worth $26,000 after purchasing an additional 69 shares during the period. True Wealth Design LLC raised its position in Vertiv by 54.0% during the 3rd quarter. True Wealth Design LLC now owns 194 shares of the company’s stock valued at $29,000 after purchasing an additional 68 shares in the last quarter. Park Place Capital Corp lifted its holdings in shares of Vertiv by 624.0% in the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock worth $29,000 after buying an additional 156 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Vertiv in the 4th quarter worth $29,000. Finally, Quent Capital LLC bought a new position in shares of Vertiv during the 3rd quarter worth $30,000. Institutional investors own 89.92% of the company’s stock.
Insider Activity
In related news, Director Edward L. Monser sold 77,294 shares of the stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $245.49, for a total transaction of $18,974,904.06. Following the completion of the sale, the director owned 16,500 shares of the company’s stock, valued at $4,050,585. This represents a 82.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman David M. Cote sold 40,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $255.29, for a total transaction of $10,211,600.00. Following the completion of the sale, the chairman owned 22,258 shares of the company’s stock, valued at approximately $5,682,244.82. This trade represents a 64.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 489,761 shares of company stock worth $123,356,815 over the last 90 days. 2.63% of the stock is currently owned by insiders.
Vertiv Trading Down 0.1%
Vertiv (NYSE:VRT – Get Free Report) last posted its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.17. The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.64 earnings per share. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Equities research analysts expect that Vertiv Holdings Co. will post 6.42 EPS for the current fiscal year.
Vertiv Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 17th were paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Tuesday, March 17th. Vertiv’s payout ratio is 6.28%.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on VRT shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $281.00 price target on shares of Vertiv in a research note on Thursday, February 12th. The Goldman Sachs Group increased their target price on shares of Vertiv from $277.00 to $311.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Jefferies Financial Group reissued a “hold” rating and set a $260.00 target price (down from $280.00) on shares of Vertiv in a research report on Tuesday, March 31st. Wall Street Zen upgraded shares of Vertiv from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, Evercore reaffirmed an “outperform” rating and issued a $350.00 price target on shares of Vertiv in a research report on Monday, April 20th. Twenty-one analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $278.38.
View Our Latest Stock Analysis on VRT
Vertiv 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.
Read More
Want to see what other hedge funds are holding VRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vertiv Holdings Co. (NYSE:VRT – Free Report).
Receive News & Ratings for Vertiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vertiv and related companies with MarketBeat.com's FREE daily email newsletter.
