Vertiv Holdings Co. $VRT Shares Bought by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 9.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 892,090 shares of the company’s stock after acquiring an additional 74,127 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Vertiv were worth $134,581,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VRT. Empowered Funds LLC grew its stake in shares of Vertiv by 25.9% in the 1st quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock valued at $834,000 after purchasing an additional 2,377 shares during the last quarter. Focus Partners Wealth lifted its holdings in shares of Vertiv by 26.4% during the first quarter. Focus Partners Wealth now owns 34,920 shares of the company’s stock worth $2,521,000 after purchasing an additional 7,300 shares during the period. Geneos Wealth Management Inc. grew its position in Vertiv by 51.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 3,243 shares of the company’s stock valued at $234,000 after buying an additional 1,096 shares during the last quarter. First Hawaiian Bank increased its stake in Vertiv by 17.3% in the 1st quarter. First Hawaiian Bank now owns 4,045 shares of the company’s stock valued at $292,000 after buying an additional 598 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in Vertiv by 68.6% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 762 shares of the company’s stock worth $98,000 after buying an additional 310 shares during the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

Vertiv Price Performance

Vertiv stock opened at $172.65 on Wednesday. The firm has a market capitalization of $66.01 billion, a PE ratio of 65.15, a P/E/G ratio of 1.08 and a beta of 2.06. Vertiv Holdings Co. has a 52 week low of $53.60 and a 52 week high of $202.45. The firm’s 50-day simple moving average is $170.95 and its 200 day simple moving average is $154.22. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.25. The company had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The firm’s quarterly revenue was up 29.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.76 earnings per share. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. On average, equities research analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, November 25th were given a dividend of $0.0625 per share. The ex-dividend date of this dividend was Tuesday, November 25th. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is 9.43%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on VRT shares. UBS Group boosted their price target on shares of Vertiv from $173.00 to $201.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. JPMorgan Chase & Co. lifted their price target on Vertiv from $150.00 to $206.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Citigroup increased their price objective on Vertiv from $198.00 to $220.00 and gave the stock a “buy” rating in a research report on Monday, December 8th. Wolfe Research lowered shares of Vertiv from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, December 9th. Finally, Royal Bank Of Canada increased their price target on shares of Vertiv from $191.00 to $196.00 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $181.38.

Insider Buying and Selling at Vertiv

In other news, EVP Stephen Liang sold 5,501 shares of the company’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $170.48, for a total value of $937,810.48. Following the sale, the executive vice president directly owned 4,050 shares in the company, valued at $690,444. This represents a 57.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 5.01% of the stock is currently owned by company insiders.

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.