3,222 Vertiv Holdings Co. $VRT Shares Sold by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd reduced its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 3.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 104,704 shares of the company’s stock after selling 3,222 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Vertiv were worth $25,266,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Ayrshire Capital Management LLC purchased a new stake in Vertiv during the third quarter worth about $2,256,000. CWA Asset Management Group LLC increased its holdings in Vertiv by 6.8% in the third quarter. CWA Asset Management Group LLC now owns 1,597 shares of the company’s stock valued at $385,000 after buying an additional 102 shares in the last quarter. Secure Asset Management LLC increased its holdings in Vertiv by 16.6% in the third quarter. Secure Asset Management LLC now owns 2,457 shares of the company’s stock valued at $593,000 after buying an additional 349 shares in the last quarter. Clark Financial Services Group Inc. BD lifted its position in shares of Vertiv by 9.5% during the 3rd quarter. Clark Financial Services Group Inc. BD now owns 2,903 shares of the company’s stock valued at $701,000 after acquiring an additional 251 shares during the period. Finally, Herold Advisors Inc. lifted its position in shares of Vertiv by 22.4% during the 3rd quarter. Herold Advisors Inc. now owns 4,323 shares of the company’s stock valued at $1,043,000 after acquiring an additional 792 shares during the period. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Vertiv

In other news, Director Edward Monser sold 15,287 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the completion of the transaction, the director directly owned 16,500 shares of the company’s stock, valued at $4,188,030. This trade represents a 48.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by company insiders.

Vertiv Stock Performance

NYSE:VRT opened at $205.97 on Tuesday. The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62. The firm has a 50-day moving average price of $254.42 and a two-hundred day moving average price of $288.82. Vertiv Holdings Co. has a twelve month low of $147.82 and a twelve month high of $379.93. The company has a market capitalization of $79.30 billion, a P/E ratio of 46.60, a price-to-earnings-growth ratio of 0.77 and a beta of 2.05.

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

Vertiv Announces Dividend

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

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Mizuho decreased their price target on Vertiv from $300.00 to $280.00 and set an “outperform” rating on the stock in a research note on Thursday, October 15th. Zacks Research cut Vertiv from a “strong-buy” rating to a “hold” rating in a report on Monday, August 31st. Wells Fargo & Company began coverage on Vertiv in a research note on Thursday, September 24th. They issued an “overweight” rating and a $340.00 price objective for the company. Morgan Stanley set a $330.00 price objective on Vertiv in a research note on Friday. Finally, The Goldman Sachs Group decreased their target price on Vertiv from $352.00 to $301.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $335.67.

Vertiv Company 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.