Forsta AP Fonden Has $12.54 Million Stock Holdings in Vertiv Holdings Co. $VRT

Forsta AP Fonden decreased its position in shares of Vertiv Holdings Co. (NYSE:VRTFree Report) by 2.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 77,411 shares of the company’s stock after selling 1,900 shares during the period. Forsta AP Fonden’s holdings in Vertiv were worth $12,541,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC bought a new position in Vertiv in the 4th quarter valued at approximately $29,000. Park Place Capital Corp lifted its stake in Vertiv by 624.0% in the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after purchasing an additional 156 shares during the last quarter. Cullen Frost Bankers Inc. lifted its stake in Vertiv by 98.9% in the 4th quarter. Cullen Frost Bankers Inc. now owns 187 shares of the company’s stock valued at $30,000 after purchasing an additional 93 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new position in Vertiv in the 3rd quarter valued at approximately $30,000. Finally, Foster Dykema Cabot & Partners LLC bought a new position in Vertiv in the 3rd quarter valued at approximately $31,000. Institutional investors own 89.92% of the company’s stock.

Insiders Place Their Bets

In related news, Director Edward L. Monser sold 77,294 shares of Vertiv stock in a transaction 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 transaction, the director owned 16,500 shares of the company’s stock, valued at $4,050,585. This trade represents a 82.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.10% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Mizuho set a $380.00 price objective on shares of Vertiv in a research note on Thursday, May 21st. Bank of America increased their price objective on shares of Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Morgan Stanley increased their price objective on shares of Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd. Zacks Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Finally, Roth Mkm reaffirmed a “buy” rating and set a $355.00 price target on shares of Vertiv in a research note on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Vertiv has an average rating of “Moderate Buy” and a consensus price target of $322.32.

Check Out Our Latest Analysis on VRT

Vertiv Price Performance

VRT stock opened at $316.01 on Monday. The company has a fifty day moving average price of $305.93 and a 200-day moving average price of $235.03. The company has a market capitalization of $121.38 billion, a P/E ratio of 79.40, a PEG ratio of 1.37 and a beta of 2.04. Vertiv Holdings Co. has a 52-week low of $104.71 and a 52-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.

Vertiv (NYSE:VRTGet Free Report) last released its quarterly 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 firm had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company’s revenue for the quarter was up 30.1% on a year-over-year basis. During the same quarter last 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. As a group, equities analysts expect that Vertiv Holdings Co. will post 6.36 EPS for the current year.

Vertiv Dividend Announcement

The company also recently announced 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 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Tuesday, March 17th. Vertiv’s dividend payout ratio (DPR) is currently 6.28%.

About Vertiv

(Free Report)

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.

Featured Articles

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:VRTFree Report).

Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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.