Mandatum Life Insurance Co Ltd Invests $2.93 Million in Vertiv Holdings Co. $VRT

Mandatum Life Insurance Co Ltd acquired a new stake in shares of Vertiv Holdings Co. (NYSE:VRT) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 11,700 shares of the company’s stock, valued at approximately $2,932,000. Vertiv makes up about 0.7% of Mandatum Life Insurance Co Ltd’s portfolio, making the stock its 29th biggest position.

A number of other hedge funds have also recently modified their holdings of the business. Vermillion & White Wealth Management Group LLC grew its holdings in Vertiv by 58.3% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after purchasing an additional 56 shares during the period. Sankala Group LLC purchased a new stake in Vertiv in the fourth quarter worth approximately $27,000. Meeder Asset Management Inc. grew its holdings in shares of Vertiv by 211.3% in the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after acquiring an additional 112 shares during the period. Rossby Financial LCC bought a new stake in shares of Vertiv during the 4th quarter valued at about $27,000. Finally, Park Place Capital Corp increased its holdings in Vertiv by 624.0% during the fourth quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after buying an additional 156 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.

Vertiv Stock Down 0.7%

Shares of Vertiv stock opened at $303.61 on Wednesday. The firm’s 50 day moving average price is $323.43 and its 200-day moving average price is $267.39. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69. Vertiv Holdings Co. has a 52-week low of $118.70 and a 52-week high of $379.93. The company has a market cap of $116.62 billion, a P/E ratio of 76.28, a PEG ratio of 1.32 and a beta of 2.03.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. During the same quarter in the prior year, the business posted $0.64 EPS. The business’s revenue for the quarter was up 30.1% compared to the same quarter last year. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. On average, sell-side analysts predict that Vertiv Holdings Co. will post 6.38 EPS for the current fiscal year.

Vertiv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were paid a dividend of $0.0625 per share. The ex-dividend date was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio is presently 6.28%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Roth Capital reissued a “buy” rating and set a $355.00 target price on shares of Vertiv in a research note on Thursday, May 21st. Morgan Stanley increased their price target on shares of Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Royal Bank Of Canada raised their price target on Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Glj Research raised Vertiv from a “sell” rating to a “hold” rating in a research note on Thursday, June 18th. Finally, Oppenheimer boosted their price objective on shares of Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $342.24.

About Vertiv

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.