Lansforsakringar Fondforvaltning AB publ Sells 2,253 Shares of Vertiv Holdings Co. $VRT

Lansforsakringar Fondforvaltning AB publ lowered its position in Vertiv Holdings Co. (NYSE:VRT) by 1.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 114,919 shares of the company’s stock after selling 2,253 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in Vertiv were worth $28,796,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. State Street Corp lifted its stake in Vertiv by 2.8% in the 4th quarter. State Street Corp now owns 8,694,900 shares of the company’s stock valued at $1,408,661,000 after purchasing an additional 235,577 shares during the last quarter. Geode Capital Management LLC increased its position in Vertiv by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock worth $1,141,723,000 after buying an additional 143,821 shares during the last quarter. Invesco Ltd. increased its position in Vertiv by 2.1% during the fourth quarter. Invesco Ltd. now owns 5,974,205 shares of the company’s stock worth $967,881,000 after buying an additional 121,618 shares during the last quarter. Norges Bank bought a new stake in Vertiv in the fourth quarter valued at approximately $808,701,000. Finally, Northern Trust Corp raised its stake in Vertiv by 3.6% in the fourth quarter. Northern Trust Corp now owns 2,811,745 shares of the company’s stock valued at $455,531,000 after buying an additional 97,141 shares during the period. Institutional investors own 89.92% of the company’s stock.

Analysts Set New Price Targets

VRT has been the subject of several research analyst reports. Royal Bank Of Canada lifted their target price on Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Jefferies Financial Group restated a “hold” rating and issued a $260.00 price target (down from $280.00) on shares of Vertiv in a research note on Tuesday, March 31st. Mizuho set a $380.00 price target on Vertiv in a report on Thursday, May 21st. Fox Advisors raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. Finally, Glj Research raised shares of Vertiv from a “sell” rating to a “hold” rating in a research report on Thursday, June 18th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $326.39.

Vertiv Trading Up 1.3%

Shares of NYSE:VRT opened at $307.82 on Tuesday. Vertiv Holdings Co. has a 12-month low of $110.06 and a 12-month high of $379.93. The stock has a market cap of $118.24 billion, a PE ratio of 77.34, a P/E/G ratio of 1.32 and a beta of 2.04. The business has a 50 day moving average of $324.38 and a 200-day moving average of $255.89. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.00 by $0.17. The company had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm’s revenue for the quarter was up 30.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.64 earnings per share. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. As a group, equities research analysts forecast that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.

Vertiv Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a dividend of $0.0625 per share. The ex-dividend date was Monday, June 15th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is presently 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.