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

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

Other hedge funds also recently made changes to their positions in the company. Vermillion & White Wealth Management Group LLC boosted its stake 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 valued at $25,000 after buying an additional 56 shares during the period. Sankala Group LLC acquired a new stake in Vertiv during the fourth quarter worth approximately $27,000. Meeder Asset Management Inc. increased its stake in Vertiv by 211.3% during the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after acquiring an additional 112 shares during the period. Rossby Financial LCC bought a new position in Vertiv during the 4th quarter worth $27,000. Finally, Park Place Capital Corp raised its holdings in Vertiv by 624.0% in the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after acquiring an additional 156 shares in the last quarter. 89.92% of the stock is owned by institutional investors.

Vertiv Trading Up 1.3%

Shares of VRT opened at $307.82 on Tuesday. Vertiv Holdings Co. has a 52-week low of $110.06 and a 52-week high of $379.93. The business’s fifty day moving average is $324.38 and its 200-day moving average is $255.89. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. The firm has a market cap of $118.24 billion, a price-to-earnings ratio of 77.34, a PEG ratio of 1.32 and a beta of 2.04.

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

Vertiv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders 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 annualized dividend and a yield of 0.1%. Vertiv’s payout ratio is presently 6.28%.

Analysts Set New Price Targets

VRT has been the subject of a number of recent analyst reports. Roth Mkm reiterated a “buy” rating and set a $355.00 target price on shares of Vertiv in a research report on Thursday, May 21st. Jefferies Financial Group reaffirmed 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. Morgan Stanley upped their price objective on shares of Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Loop Capital assumed coverage on shares of Vertiv in a research note on Thursday, May 14th. They set a “buy” rating and a $500.00 price objective on the stock. Finally, BNP Paribas Exane initiated coverage on shares of Vertiv in a report on Tuesday, April 14th. They issued an “outperform” rating and a $345.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $326.39.

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.