Swedbank AB Sells 260,256 Shares of Vertiv Holdings Co. $VRT

Swedbank AB trimmed its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 30.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 581,060 shares of the company’s stock after selling 260,256 shares during the period. Swedbank AB’s holdings in Vertiv were worth $87,659,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Petredis Investment Advisors LLC bought a new stake in Vertiv in the third quarter valued at approximately $432,000. DAVENPORT & Co LLC lifted its holdings in shares of Vertiv by 5.4% during the 3rd quarter. DAVENPORT & Co LLC now owns 2,214 shares of the company’s stock valued at $334,000 after purchasing an additional 114 shares in the last quarter. Plancorp LLC lifted its stake in Vertiv by 1.3% in the third quarter. Plancorp LLC now owns 5,317 shares of the company’s stock valued at $802,000 after buying an additional 67 shares in the last quarter. Enclave Advisors LLC lifted its holdings in shares of Vertiv by 5.3% in the third quarter. Enclave Advisors LLC now owns 3,058 shares of the company’s stock valued at $461,000 after purchasing an additional 154 shares in the last quarter. Finally, Scratch Capital LLC bought a new stake in Vertiv in the 3rd quarter valued at approximately $468,000. 89.92% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

VRT has been the subject of a number of recent research reports. UBS Group increased their price objective 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. Barclays reiterated a “neutral” rating and set a $181.00 price objective on shares of Vertiv in a research note on Thursday, December 4th. KGI Securities raised shares of Vertiv from a “hold” rating to an “outperform” rating in a research note on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft set a $216.00 price target on shares of Vertiv and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Finally, The Goldman Sachs Group lifted their price objective on shares of Vertiv from $182.00 to $204.00 and gave the company a “buy” rating in a research report on Tuesday, December 9th. Two analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Vertiv presently has an average rating of “Moderate Buy” and a consensus price target of $180.48.

Insider Transactions at Vertiv

In related news, EVP Stephen Liang sold 5,501 shares of Vertiv stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $170.48, for a total value of $937,810.48. Following the sale, the executive vice president owned 4,050 shares of the company’s stock, valued at approximately $690,444. The trade was a 57.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.63% of the stock is owned by company insiders.

Vertiv Stock Performance

Vertiv stock opened at $166.71 on Thursday. The company has a market capitalization of $63.74 billion, a P/E ratio of 62.91, a P/E/G ratio of 1.34 and a beta of 2.03. The business has a 50 day moving average of $175.56 and a 200-day moving average of $149.00. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.83 and a quick ratio of 1.43. Vertiv Holdings Co. has a 1 year low of $53.60 and a 1 year high of $202.45.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.99 by $0.25. The firm had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.59 billion. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The business’s revenue was up 29.0% compared to the same quarter last year. During the same period last year, the business posted $0.76 EPS. 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 earnings per share for the current year.

Vertiv Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Tuesday, November 25th were issued a $0.0625 dividend. This is a boost from Vertiv’s previous quarterly dividend of $0.04. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Tuesday, November 25th. Vertiv’s dividend payout ratio is currently 9.43%.

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.