Vertiv Holdings Co. $VRT Shares Sold by Veracity Capital LLC

Veracity Capital LLC lowered its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 61.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,535 shares of the company’s stock after selling 2,397 shares during the period. Veracity Capital LLC’s holdings in Vertiv were worth $370,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Dymon Asia Capital Singapore PTE. LTD. acquired a new stake in shares of Vertiv in the fourth quarter valued at about $2,197,000. Ritholtz Wealth Management boosted its holdings in Vertiv by 137.5% in the first quarter. Ritholtz Wealth Management now owns 7,238 shares of the company’s stock valued at $1,814,000 after acquiring an additional 4,190 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its position in Vertiv by 536.3% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 76,358 shares of the company’s stock valued at $19,134,000 after purchasing an additional 64,358 shares during the period. Smithbridge Asset Management Inc. DE increased its position in Vertiv by 30.7% during the 4th quarter. Smithbridge Asset Management Inc. DE now owns 160,005 shares of the company’s stock valued at $25,922,000 after purchasing an additional 37,550 shares during the period. Finally, Sumitomo Mitsui Financial Group Inc. bought a new position in Vertiv during the 4th quarter worth approximately $490,000. Institutional investors own 89.92% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Vertiv in a research note on Monday, September 28th. Glj Research started coverage on shares of Vertiv in a report on Tuesday. They issued a “sell” rating and a $188.00 target price on the stock. Wall Street Zen raised shares of Vertiv from a “hold” rating to a “buy” rating in a research report on Saturday, September 19th. Zacks Research downgraded Vertiv from a “strong-buy” rating to a “hold” rating in a report on Monday, August 31st. Finally, Wells Fargo & Company initiated coverage on Vertiv in a research note on Thursday, September 24th. They issued an “overweight” rating and a $340.00 price objective on the stock. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $348.24.

Vertiv Stock Down 1.9%

NYSE:VRT traded down $4.68 during trading hours on Thursday, reaching $241.81. The company had a trading volume of 3,478,206 shares, compared to its average volume of 6,362,424. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62. The firm has a market cap of $93.09 billion, a price-to-earnings ratio of 54.65, a P/E/G ratio of 0.94 and a beta of 2.05. The business’s 50-day simple moving average is $260.15 and its two-hundred day simple moving average is $290.46. Vertiv Holdings Co. has a twelve month low of $147.82 and a twelve month high of $379.93.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.09. The firm had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The business’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.95 earnings per share. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. On average, equities analysts expect that Vertiv Holdings Co. will post 6.73 earnings per share for the current year.

Vertiv Announces Dividend

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

Insider Transactions at Vertiv

In other Vertiv news, Director Edward Monser sold 15,287 shares of the firm’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 completion of the sale, the director owned 16,500 shares of the company’s stock, valued at approximately $4,188,030. This trade represents a 48.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.10% of the company’s stock.

Vertiv Company Profile

Vertiv Holdings Co provides digital infrastructure and continuity solutions for data centers, communication networks, and other technology-intensive facilities. The company helps customers design, build, operate, and maintain infrastructure that supports the availability, performance, and efficiency of critical digital systems.

Its product portfolio includes power management and distribution equipment, uninterruptible power supplies, switchgear, busways, racks, integrated modular systems, and data center infrastructure.