Vertiv Holdings Co. $VRT Shares Sold by Jackson Square Capital LLC

Jackson Square Capital LLC cut its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 30.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,699 shares of the company’s stock after selling 14,046 shares during the period. Vertiv accounts for approximately 1.2% of Jackson Square Capital LLC’s investment portfolio, making the stock its 25th biggest holding. Jackson Square Capital LLC’s holdings in Vertiv were worth $7,649,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VRT. State Street Corp boosted its position in shares of Vertiv by 4.5% in the 2nd quarter. State Street Corp now owns 16,531,530 shares of the company’s stock worth $5,535,087,000 after purchasing an additional 704,970 shares in the last quarter. Wellington Management Group LLP increased its position in Vertiv by 14.1% during the 2nd quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company’s stock valued at $1,270,428,000 after buying an additional 468,380 shares in the last quarter. Legal & General Group Plc raised its stake in Vertiv by 1.1% in the second quarter. Legal & General Group Plc now owns 2,138,967 shares of the company’s stock valued at $716,169,000 after buying an additional 23,444 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Vertiv by 1.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,709,276 shares of the company’s stock valued at $678,890,000 after buying an additional 51,328 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in Vertiv by 33.7% in the first quarter. Bank of New York Mellon Corp now owns 2,410,642 shares of the company’s stock valued at $604,059,000 after buying an additional 608,176 shares during the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Stock Performance

VRT stock traded up $0.70 during midday trading on Monday, reaching $207.12. The stock had a trading volume of 2,462,221 shares, compared to its average volume of 6,356,878. The stock has a market cap of $79.74 billion, a PE ratio of 46.94, a P/E/G ratio of 0.77 and a beta of 2.05. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.38. The firm has a fifty day simple moving average of $255.71 and a two-hundred day simple moving average of $289.13. Vertiv Holdings Co. has a 52-week low of $147.82 and a 52-week high of $379.93.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. The company had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%. The firm’s revenue was up 24.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.95 EPS. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. As a group, equities research analysts anticipate that Vertiv Holdings Co. will post 6.73 EPS for the current year.

Vertiv Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Monday, September 14th were issued a dividend of $0.0625 per share. The ex-dividend date of this dividend was Monday, September 14th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s payout ratio is 5.66%.

Insider Activity at Vertiv

In related news, Director Edward Monser sold 15,287 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total value of $3,880,146.34. Following the sale, the director owned 16,500 shares in the company, valued at $4,188,030. This represents a 48.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

VRT has been the subject of several recent analyst reports. Glj Research began coverage on Vertiv in a report on Tuesday, October 6th. They issued a “sell” rating and a $188.00 price target for the company. Loop Capital cut their price objective on shares of Vertiv from $500.00 to $400.00 and set a “buy” rating on the stock in a report on Friday, July 31st. Piper Sandler set a $375.00 price objective on shares of Vertiv in a research report on Wednesday, July 29th. Robert W. Baird set a $320.00 target price on shares of Vertiv and gave the stock an “outperform” rating in a research note on Thursday, July 30th. Finally, Morgan Stanley set a $330.00 target price on shares of Vertiv in a research note on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $335.67.

Vertiv Profile

Vertiv Holdings Co (NYSE: VRT) designs, manufactures and services critical digital infrastructure that supports data centers, communication networks and other facilities requiring reliable power and environmental control. Its solutions are used by cloud and colocation providers, telecommunications companies, enterprises, industrial organizations and edge-computing operators.

The company’s offerings include uninterruptible power supplies, power distribution and management systems, thermal-management and cooling equipment, integrated racks and enclosures, modular infrastructure, and monitoring and control software.