Varma Mutual Pension Insurance Co Reduces Holdings in Vertiv Holdings Co. $VRT

Varma Mutual Pension Insurance Co lowered its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 15.4% in the second quarter, HoldingsChannel.com reports. The fund owned 61,700 shares of the company’s stock after selling 11,200 shares during the quarter. Varma Mutual Pension Insurance Co’s holdings in Vertiv were worth $20,658,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of VRT. Sachetta LLC lifted its stake in Vertiv by 41.4% in the 1st quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after buying an additional 36 shares in the last quarter. Cornerstone Planning Group LLC increased its position in Vertiv by 60.5% during the first quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock worth $33,000 after buying an additional 49 shares in the last quarter. GoalVest Advisory LLC raised its holdings in shares of Vertiv by 87.3% in the second quarter. GoalVest Advisory LLC now owns 148 shares of the company’s stock worth $50,000 after acquiring an additional 69 shares during the last quarter. Vermillion & White Wealth Management Group LLC raised its holdings in shares of Vertiv by 58.3% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after acquiring an additional 56 shares during the last quarter. Finally, Center for Financial Planning Inc. raised its holdings in shares of Vertiv by 554.2% in the first quarter. Center for Financial Planning Inc. now owns 157 shares of the company’s stock worth $39,000 after acquiring an additional 133 shares during the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Price Performance

Shares of NYSE:VRT opened at $262.36 on Friday. The company has a market cap of $101.01 billion, a P/E ratio of 59.36, a P/E/G ratio of 1.08 and a beta of 2.06. The business has a fifty day simple moving average of $294.65 and a 200-day simple moving average of $286.87. Vertiv Holdings Co. has a 52 week low of $118.70 and a 52 week high of $379.93. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62.

Vertiv (NYSE:VRT) last released its earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.09. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same period in the prior year, the business posted $0.95 earnings per share. The firm’s revenue for the quarter was up 24.1% compared to the same quarter last year. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Equities research analysts forecast that Vertiv Holdings Co. will post 6.7 EPS for the current year.

Vertiv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were paid a dividend of $0.0625 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is currently 5.66%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on VRT shares. KeyCorp decreased their price objective on Vertiv from $360.00 to $325.00 and set an “overweight” rating on the stock in a research note on Thursday, July 30th. Mizuho set a $380.00 target price on shares of Vertiv in a research note on Thursday, May 21st. Zacks Research upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a report on Friday, July 31st. Oppenheimer reaffirmed an “outperform” rating and set a $325.00 price target on shares of Vertiv in a research note on Thursday, July 30th. Finally, Royal Bank Of Canada lowered their price target on shares of Vertiv from $418.00 to $337.00 and set an “outperform” rating for the company in a report on Thursday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $357.83.

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.