Handelsbanken Fonder AB Has $89.76 Million Stock Position in Vertiv Holdings Co. $VRT

Handelsbanken Fonder AB boosted its holdings in Vertiv Holdings Co. (NYSE:VRT) by 2.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 594,977 shares of the company’s stock after purchasing an additional 16,683 shares during the quarter. Handelsbanken Fonder AB’s holdings in Vertiv were worth $89,758,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Management Professionals Inc. increased its stake in shares of Vertiv by 1,560.0% in the 3rd quarter. Financial Management Professionals Inc. now owns 166 shares of the company’s stock valued at $25,000 after acquiring an additional 156 shares in the last quarter. Pacer Advisors Inc. grew its holdings in Vertiv by 67.6% in the third quarter. Pacer Advisors Inc. now owns 171 shares of the company’s stock worth $26,000 after purchasing an additional 69 shares during the period. True Wealth Design LLC increased its stake in Vertiv by 54.0% in the third quarter. True Wealth Design LLC now owns 194 shares of the company’s stock valued at $29,000 after purchasing an additional 68 shares in the last quarter. Quent Capital LLC acquired a new position in shares of Vertiv during the third quarter valued at about $30,000. Finally, Promus Capital LLC acquired a new position in shares of Vertiv during the second quarter valued at about $26,000. 89.92% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

VRT has been the subject of a number of research analyst reports. Zacks Research raised Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 31st. Oppenheimer restated an “outperform” rating and set a $270.00 price objective on shares of Vertiv in a report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $281.00 target price on shares of Vertiv in a report on Thursday, February 12th. Mizuho boosted their price target on shares of Vertiv from $198.00 to $290.00 and gave the company an “outperform” rating in a research note on Thursday, February 12th. Finally, The Goldman Sachs Group upped their price objective on shares of Vertiv from $204.00 to $277.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $230.28.

Vertiv Price Performance

Shares of NYSE:VRT opened at $259.11 on Friday. The company has a current ratio of 1.55, a quick ratio of 1.22 and a debt-to-equity ratio of 0.73. The stock has a market cap of $99.14 billion, a PE ratio of 75.99, a price-to-earnings-growth ratio of 1.32 and a beta of 2.08. The stock’s fifty day simple moving average is $193.15 and its two-hundred day simple moving average is $170.74. Vertiv Holdings Co. has a 1-year low of $53.60 and a 1-year high of $264.86.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, February 11th. The company reported $1.36 EPS for the quarter, beating the consensus estimate of $1.29 by $0.07. Vertiv had a net margin of 13.03% and a return on equity of 49.55%. The company had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.89 billion. During the same quarter in the prior year, the company posted $0.99 earnings per share. The firm’s revenue for the quarter was up 22.7% on a year-over-year basis. Vertiv has set its Q1 2026 guidance at 0.950-1.010 EPS and its FY 2026 guidance at 5.970-6.070 EPS. As a group, analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

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.