Vertiv Holdings Co. $VRT Stock: Jackson Square Capital LLC Reduces Stake

Jackson Square Capital LLC cut its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 30.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 31,699 shares of the company’s stock after selling 14,046 shares during the quarter. Vertiv makes up approximately 1.2% of Jackson Square Capital LLC’s holdings, making the stock its 25th biggest holding. Jackson Square Capital LLC’s holdings in Vertiv were worth $7,649,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of VRT. State Street Corp boosted its holdings in shares of Vertiv by 4.5% in the second quarter. State Street Corp now owns 16,531,530 shares of the company’s stock valued at $5,535,087,000 after purchasing an additional 704,970 shares during the period. Wellington Management Group LLP increased its holdings in Vertiv by 14.1% during the 2nd quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company’s stock worth $1,270,428,000 after purchasing an additional 468,380 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in Vertiv by 1.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,709,276 shares of the company’s stock worth $678,890,000 after purchasing an additional 51,328 shares during the period. Bank of New York Mellon Corp increased its holdings in Vertiv by 33.7% during the 1st quarter. Bank of New York Mellon Corp now owns 2,410,642 shares of the company’s stock worth $604,059,000 after purchasing an additional 608,176 shares during the period. Finally, Legal & General Group Plc raised its position in Vertiv by 1.1% during the 2nd quarter. Legal & General Group Plc now owns 2,138,967 shares of the company’s stock valued at $716,169,000 after purchasing an additional 23,444 shares in the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

Vertiv Stock Up 0.3%

NYSE:VRT traded up $0.70 during trading hours on Monday, reaching $207.12. The company’s stock had a trading volume of 2,462,221 shares, compared to its average volume of 6,356,878. The stock has a 50 day moving average price of $255.71 and a two-hundred day moving average price of $289.13. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.38. The company has a market capitalization of $79.74 billion, a P/E ratio of 46.94, a price-to-earnings-growth ratio of 0.77 and a beta of 2.05. Vertiv Holdings Co. has a 12 month low of $147.82 and a 12 month high of $379.93.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.09. The business had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%. The business’s revenue was up 24.1% compared to the same quarter last year. During the same period last year, the business posted $0.95 EPS. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Equities analysts predict that Vertiv Holdings Co. will post 6.73 EPS for the current fiscal year.

Vertiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Monday, September 14th were paid a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, September 14th. Vertiv’s payout ratio is 5.66%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Wells Fargo & Company started coverage on Vertiv in a report on Thursday, September 24th. They issued an “overweight” rating and a $340.00 target price for the company. BMO Capital Markets started coverage on Vertiv in a research note on Sunday, October 4th. They set an “outperform” rating and a $329.00 price target on the stock. Zacks Research downgraded Vertiv from a “strong-buy” rating to a “hold” rating in a report on Monday, August 31st. Royal Bank Of Canada lowered their price objective on shares of Vertiv from $337.00 to $323.00 and set an “outperform” rating for the company in a research note on Wednesday, October 14th. Finally, KeyCorp lowered their price objective on shares of Vertiv from $360.00 to $325.00 and set an “overweight” rating for the company in a research note on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $335.67.

Insider Buying and Selling

In other Vertiv news, Director Edward Monser sold 15,287 shares of the business’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total value of $3,880,146.34. Following the completion of the transaction, the director directly owned 16,500 shares in the company, valued at approximately $4,188,030. The trade was a 48.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.10% of the company’s stock.

Vertiv Profile

Vertiv Holdings Co (NYSE: VRT) designs, manufactures and services critical digital infrastructure that supports data centers, communication networks and other facilities requiring reliable power and environmental control. Its solutions are used by cloud and colocation providers, telecommunications companies, enterprises, industrial organizations and edge-computing operators.

The company’s offerings include uninterruptible power supplies, power distribution and management systems, thermal-management and cooling equipment, integrated racks and enclosures, modular infrastructure, and monitoring and control software.