Vertiv Holdings Co. $VRT Shares Bought by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp raised its holdings in shares of Vertiv Holdings Co. (NYSE:VRT) by 24.2% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 192,537 shares of the company’s stock after buying an additional 37,455 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Vertiv were worth $24,724,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. FengHe Fund Management Pte. Ltd. purchased a new position in shares of Vertiv during the 1st quarter valued at approximately $33,389,000. Nordea Investment Management AB grew its position in Vertiv by 100.1% during the second quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock valued at $415,132,000 after buying an additional 1,624,456 shares during the period. Fox Run Management L.L.C. grew its position in Vertiv by 449.9% during the first quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company’s stock valued at $1,556,000 after buying an additional 17,627 shares during the period. iA Global Asset Management Inc. increased its holdings in Vertiv by 130.2% in the second quarter. iA Global Asset Management Inc. now owns 9,147 shares of the company’s stock valued at $1,175,000 after buying an additional 5,173 shares in the last quarter. Finally, Trilogy Capital Inc. acquired a new position in shares of Vertiv in the second quarter worth about $2,790,000. 89.92% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on VRT. TD Cowen increased their target price on shares of Vertiv from $162.00 to $210.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Cowen set a $210.00 price target on Vertiv in a report on Thursday, October 23rd. Oppenheimer raised their price objective on Vertiv from $190.00 to $195.00 and gave the company an “outperform” rating in a report on Thursday, October 23rd. William Blair started coverage on Vertiv in a research report on Monday, July 28th. They issued an “outperform” rating for the company. Finally, Barclays upped their target price on Vertiv from $145.00 to $170.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Vertiv currently has an average rating of “Moderate Buy” and a consensus target price of $177.81.

Insider Transactions at Vertiv

In related news, Director Steven Reinemund sold 100,000 shares of the business’s stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the transaction, the director directly owned 133,333 shares in the company, valued at approximately $17,095,957.26. The trade was a 42.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the completion of the sale, the director owned 4,631 shares of the company’s stock, valued at approximately $573,873.52. The trade was a 77.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 139,298 shares of company stock valued at $17,770,188 over the last 90 days. 2.63% of the stock is currently owned by corporate insiders.

Vertiv Price Performance

NYSE:VRT opened at $170.66 on Friday. The stock has a 50 day moving average of $164.34 and a two-hundred day moving average of $135.59. Vertiv Holdings Co. has a 12 month low of $53.60 and a 12 month high of $202.45. The firm has a market cap of $65.25 billion, a P/E ratio of 64.40, a price-to-earnings-growth ratio of 1.33 and a beta of 1.87. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83.

Vertiv (NYSE:VRT) last released its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.25. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The business had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.59 billion. During the same quarter last year, the business posted $0.76 earnings per share. The business’s quarterly revenue was up 29.0% compared to the same quarter last year. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. On average, analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Tuesday, November 25th will be paid a dividend of $0.0625 per share. This is a boost from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend is Tuesday, November 25th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s dividend payout ratio is presently 5.66%.

Vertiv Company Profile

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.