KLP Kapitalforvaltning AS Increases Holdings in Vertiv Holdings Co. $VRT

KLP Kapitalforvaltning AS lifted its stake in Vertiv Holdings Co. (NYSE:VRT) by 13.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 135,700 shares of the company’s stock after purchasing an additional 16,500 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in Vertiv were worth $17,425,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of VRT. GW&K Investment Management LLC purchased a new position in Vertiv in the first quarter worth about $26,000. SouthState Corp purchased a new position in Vertiv in the first quarter worth about $27,000. North Star Investment Management Corp. raised its holdings in Vertiv by 4,120.0% in the first 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 raised its holdings in Vertiv by 242.0% in the 1st quarter. Sachetta LLC now owns 448 shares of the company’s stock worth $32,000 after acquiring an additional 317 shares during the last quarter. Finally, Banque Transatlantique SA purchased a new position in Vertiv in the 1st quarter worth approximately $33,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on VRT shares. Rothschild & Co Redburn initiated coverage on shares of Vertiv in a report on Wednesday, August 20th. They issued a “neutral” rating and a $135.00 price objective for the company. Melius upgraded Vertiv from a “hold” rating to a “buy” rating and set a $165.00 price target for the company in a research note on Tuesday, July 8th. Redburn Atlantic upgraded Vertiv to a “hold” rating in a research note on Wednesday, August 20th. Wall Street Zen raised Vertiv from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 21st. Finally, Evercore ISI boosted their target price on Vertiv from $165.00 to $180.00 and gave the stock an “outperform” rating in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Vertiv has an average rating of “Moderate Buy” and a consensus target price of $147.58.

Vertiv Stock Performance

Shares of NYSE VRT opened at $167.33 on Thursday. The firm has a fifty day moving average price of $138.45 and a 200-day moving average price of $115.31. 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 stock has a market cap of $63.90 billion, a PE ratio of 80.06, a price-to-earnings-growth ratio of 1.40 and a beta of 1.84. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $169.83.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, topping 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 for the quarter was up 35.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Equities analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were given a dividend of $0.0375 per share. The ex-dividend date was Monday, September 15th. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is currently 7.18%.

Insiders Place Their Bets

In related news, insider Paul Ryan sold 22,218 shares of the firm’s stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the completion of the transaction, the insider directly owned 12,803 shares of the company’s stock, valued at approximately $1,630,334.02. This trade represents a 63.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Karsten Winther sold 41,654 shares of the firm’s stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the transaction, the insider directly owned 18,848 shares of the company’s stock, valued at $2,529,590.08. The trade was 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 have sold 180,952 shares of company stock worth $23,360,571. Company insiders own 2.63% of the company’s stock.

Vertiv 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.