Danske Bank A S Has $83.96 Million Stake in Vertiv Holdings Co. $VRT

Danske Bank A S reduced its stake in Vertiv Holdings Co. (NYSE:VRT) by 3.8% in the 2nd quarter, HoldingsChannel reports. The firm owned 250,755 shares of the company’s stock after selling 9,993 shares during the quarter. Danske Bank A S’s holdings in Vertiv were worth $83,958,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in VRT. Sachetta LLC raised its stake in Vertiv by 41.4% during the 1st quarter. Sachetta LLC now owns 123 shares of the company’s stock worth $31,000 after buying an additional 36 shares during the period. Cornerstone Planning Group LLC increased its holdings in shares of Vertiv by 60.5% during the first quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock valued at $33,000 after acquiring an additional 49 shares in the last quarter. GoalVest Advisory LLC increased its holdings in shares of Vertiv by 87.3% during the second quarter. GoalVest Advisory LLC now owns 148 shares of the company’s stock valued at $50,000 after acquiring an additional 69 shares in the last quarter. Vermillion & White Wealth Management Group LLC raised its position in shares of Vertiv by 58.3% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after purchasing an additional 56 shares during the period. Finally, Center for Financial Planning Inc. raised its position in shares of Vertiv by 554.2% during the first quarter. Center for Financial Planning Inc. now owns 157 shares of the company’s stock worth $39,000 after purchasing an additional 133 shares during the period. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Trading Down 6.9%

Shares of Vertiv stock opened at $272.38 on Wednesday. The company has a market capitalization of $104.86 billion, a P/E ratio of 61.62, a price-to-earnings-growth ratio of 1.21 and a beta of 2.06. The stock has a fifty day simple moving average of $296.52 and a 200 day simple moving average of $286.03. Vertiv Holdings Co. has a 12-month low of $118.70 and a 12-month high of $379.93. The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62.

Vertiv (NYSE:VRT) last issued 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 business had revenue of $3.27 billion for 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 business’s revenue was up 24.1% on a year-over-year basis. During the same period last year, the business earned $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. On average, sell-side analysts anticipate that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were given a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is presently 5.66%.

Wall Street Analysts Forecast Growth

VRT has been the subject of several research reports. Robert W. Baird set a $320.00 price target on shares of Vertiv in a research report on Thursday, July 30th. TD Cowen upped their price objective on shares of Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Weiss Ratings lowered shares of Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Sanford C. Bernstein reiterated an “outperform” rating and set a $368.00 price objective on shares of Vertiv in a report on Friday, July 31st. Finally, Morgan Stanley boosted their target price 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. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $348.54.

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.