Sterling Investment Advisors Ltd. raised its holdings in shares of Vertiv Holdings Co. (NYSE:VRT – Free Report) by 26.1% during the 4th quarter, HoldingsChannel reports. The fund owned 22,476 shares of the company’s stock after purchasing an additional 4,645 shares during the period. Sterling Investment Advisors Ltd.’s holdings in Vertiv were worth $3,641,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of VRT. Schroder Investment Management Group grew its stake in Vertiv by 148.0% during the 3rd quarter. Schroder Investment Management Group now owns 1,828,750 shares of the company’s stock valued at $275,885,000 after acquiring an additional 1,091,210 shares in the last quarter. Federated Hermes Inc. lifted its holdings in shares of Vertiv by 934.8% during the 3rd quarter. Federated Hermes Inc. now owns 1,098,150 shares of the company’s stock valued at $165,667,000 after buying an additional 992,031 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Vertiv by 49.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company’s stock valued at $361,033,000 after buying an additional 930,158 shares during the last quarter. Qube Research & Technologies Ltd acquired a new stake in shares of Vertiv during the 3rd quarter valued at about $125,331,000. Finally, Vanguard Group Inc. lifted its holdings in shares of Vertiv by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 38,833,036 shares of the company’s stock valued at $5,858,352,000 after buying an additional 826,281 shares during the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.
Insider Transactions at Vertiv
In other news, EVP Anders Karlborg sold 30,487 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $246.92, for a total transaction of $7,527,850.04. Following the completion of the transaction, the executive vice president directly owned 34,746 shares in the company, valued at $8,579,482.32. The trade was a 46.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman David M. Cote sold 40,000 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $255.29, for a total value 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 trade represents a 64.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 489,761 shares of company stock worth $123,356,815. 1.10% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
View Our Latest Report on Vertiv
Vertiv Stock Up 0.1%
VRT opened at $327.78 on Tuesday. The business has a 50 day moving average price of $301.60 and a 200 day moving average price of $231.27. Vertiv Holdings Co. has a twelve month low of $101.00 and a twelve month high of $379.93. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. The firm has a market cap of $125.90 billion, a P/E ratio of 82.36, a price-to-earnings-growth ratio of 1.40 and a beta of 2.09.
Vertiv (NYSE:VRT – Get Free Report) last posted its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. During the same period in the previous year, the company earned $0.64 EPS. The company’s revenue for the quarter was up 30.1% on a year-over-year basis. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Research analysts forecast that Vertiv Holdings Co. will post 6.42 EPS for the current year.
Vertiv Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 17th were issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date was Tuesday, March 17th. Vertiv’s payout ratio is 6.28%.
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.
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