Handelsbanken Fonder AB Sells 220,855 Shares of Vertiv Holdings Co. $VRT

Handelsbanken Fonder AB lessened its stake in Vertiv Holdings Co. (NYSE:VRT) by 37.1% during the fourth quarter, Holdings Channel reports. The firm owned 374,122 shares of the company’s stock after selling 220,855 shares during the period. Handelsbanken Fonder AB’s holdings in Vertiv were worth $60,612,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. CreativeOne Wealth LLC lifted its holdings in Vertiv by 187.8% during the third quarter. CreativeOne Wealth LLC now owns 10,646 shares of the company’s stock worth $1,606,000 after acquiring an additional 6,947 shares during the period. Plato Investment Management Ltd lifted its holdings in Vertiv by 272.7% during the third quarter. Plato Investment Management Ltd now owns 8,825 shares of the company’s stock worth $1,321,000 after acquiring an additional 6,457 shares during the period. WD Rutherford LLC lifted its holdings in Vertiv by 80.7% during the fourth quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock worth $2,443,000 after acquiring an additional 6,734 shares during the period. KBC Group NV lifted its holdings in Vertiv by 191.1% during the fourth quarter. KBC Group NV now owns 206,102 shares of the company’s stock worth $33,391,000 after acquiring an additional 135,313 shares during the period. Finally, Impax Asset Management Group plc lifted its holdings in Vertiv by 94.4% during the third quarter. Impax Asset Management Group plc now owns 918,200 shares of the company’s stock worth $138,520,000 after acquiring an additional 445,785 shares during the period. Institutional investors own 89.92% of the company’s stock.

Insider Buying and Selling

In related news, Director Edward L. Monser sold 77,294 shares of the business’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $245.49, for a total transaction of $18,974,904.06. Following the completion of the transaction, the director directly owned 16,500 shares in the company, valued at $4,050,585. The trade was a 82.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Roger Fradin sold 101,667 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $253.42, for a total value of $25,764,451.14. Following the transaction, the director owned 40,000 shares of the company’s stock, valued at approximately $10,136,800. The trade was a 71.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 489,761 shares of company stock valued at $123,356,815 in the last 90 days. Corporate insiders own 1.10% of the company’s stock.

Vertiv Price Performance

Shares of NYSE VRT opened at $340.31 on Tuesday. The stock has a market cap of $130.72 billion, a PE ratio of 85.50, a price-to-earnings-growth ratio of 1.59 and a beta of 2.09. Vertiv Holdings Co. has a fifty-two week low of $101.00 and a fifty-two week high of $379.93. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. The stock has a fifty day moving average of $295.46 and a 200-day moving average of $226.63.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.17. The company had revenue of $2.65 billion during the quarter, compared to analysts’ expectations 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 period in the previous year, the business 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 anticipate that Vertiv Holdings Co. will post 6.42 earnings per share for the current year.

Vertiv Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 17th were given a $0.0625 dividend. The ex-dividend date was Tuesday, March 17th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s payout ratio is 6.28%.

Analyst Ratings Changes

A number of analysts recently commented on VRT shares. JPMorgan Chase & Co. lifted their price target on Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Evercore reissued an “outperform” rating and issued a $425.00 target price on shares of Vertiv in a research report on Tuesday, May 12th. Royal Bank Of Canada raised their target price on Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a research report on Friday. HSBC initiated coverage on Vertiv in a research report on Wednesday, March 25th. They issued a “buy” rating and a $325.00 target price for the company. Finally, Weiss Ratings downgraded Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Twenty-two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Vertiv presently has an average rating of “Moderate Buy” and a consensus price target of $314.45.

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.