Mirova Raises Holdings in Vertiv Holdings Co. $VRT

Mirova lifted its position in Vertiv Holdings Co. (NYSE:VRT) by 114.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 32,216 shares of the company’s stock after acquiring an additional 17,216 shares during the quarter. Mirova’s holdings in Vertiv were worth $4,860,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. CreativeOne Wealth LLC grew its stake in shares of Vertiv by 187.8% in the 3rd quarter. CreativeOne Wealth LLC now owns 10,646 shares of the company’s stock worth $1,606,000 after buying an additional 6,947 shares in the last quarter. Abundance Wealth Counselors raised its position in shares of Vertiv by 313.7% during the 3rd quarter. Abundance Wealth Counselors now owns 10,165 shares of the company’s stock valued at $1,533,000 after buying an additional 7,708 shares in the last quarter. Union Bancaire Privee UBP SA lifted its holdings in shares of Vertiv by 35.5% in the 3rd quarter. Union Bancaire Privee UBP SA now owns 272,608 shares of the company’s stock valued at $41,126,000 after acquiring an additional 71,361 shares during the last quarter. Plato Investment Management Ltd lifted its holdings in shares of Vertiv by 272.7% in the 3rd quarter. Plato Investment Management Ltd now owns 8,825 shares of the company’s stock valued at $1,321,000 after acquiring an additional 6,457 shares during the last quarter. Finally, KLP Kapitalforvaltning AS grew its position in Vertiv by 5.5% in the third quarter. KLP Kapitalforvaltning AS now owns 143,100 shares of the company’s stock worth $21,588,000 after acquiring an additional 7,400 shares in the last quarter. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

Vertiv Stock Down 1.1%

NYSE:VRT opened at $265.55 on Thursday. The company has a market cap of $101.60 billion, a price-to-earnings ratio of 77.87, a price-to-earnings-growth ratio of 1.35 and a beta of 2.02. Vertiv Holdings Co. has a twelve month low of $53.60 and a twelve month high of $276.78. 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 fifty day simple moving average of $218.76 and a 200-day simple moving average of $183.46.

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

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Tuesday, March 17th will be paid a $0.0625 dividend. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s dividend payout ratio is 7.33%.

Insider Buying and Selling

In other news, Chairman David M. Cote sold 40,000 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $255.29, for a total transaction of $10,211,600.00. Following the transaction, the chairman owned 22,258 shares of the company’s stock, valued at approximately $5,682,244.82. This represents a 64.25% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Roger Fradin sold 101,667 shares of the firm’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $253.42, for a total value of $25,764,451.14. Following the transaction, the director owned 40,000 shares in the company, valued at approximately $10,136,800. This represents a 71.76% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 489,761 shares of company stock valued at $123,356,815 over the last 90 days. 2.63% of the stock is owned by insiders.

Analyst Ratings Changes

VRT has been the topic of several analyst reports. Citigroup boosted their price objective on Vertiv from $220.00 to $286.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Mizuho lifted their target price on Vertiv from $198.00 to $290.00 and gave the stock an “outperform” rating in a report on Thursday, February 12th. JPMorgan Chase & Co. cut their target price on Vertiv from $230.00 to $225.00 and set an “overweight” rating on the stock in a research report on Friday, January 16th. Roth Mkm restated a “buy” rating and set a $275.00 price target on shares of Vertiv in a report on Thursday, February 12th. Finally, Evercore restated an “outperform” rating and issued a $280.00 price target on shares of Vertiv in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned 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 stock has a consensus rating of “Moderate Buy” and an average target price of $230.28.

About Vertiv

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.