1,785 Shares in Vertiv Holdings Co. $VRT Purchased by Greenland Capital Management LP

Greenland Capital Management LP purchased a new stake in Vertiv Holdings Co. (NYSE:VRTFree Report) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 1,785 shares of the company’s stock, valued at approximately $598,000.

Other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Vertiv during the fourth quarter valued at approximately $808,701,000. Marshall Wace LLP boosted its stake in shares of Vertiv by 265.6% in the fourth quarter. Marshall Wace LLP now owns 2,670,007 shares of the company’s stock worth $432,568,000 after acquiring an additional 1,939,749 shares during the last quarter. Jupiter Topco LLC acquired a new stake in shares of Vertiv in the second quarter worth approximately $441,083,000. Alkeon Capital Management LLC increased its position in shares of Vertiv by 178.2% during the fourth quarter. Alkeon Capital Management LLC now owns 2,003,110 shares of the company’s stock worth $324,524,000 after purchasing an additional 1,283,110 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in Vertiv by 49.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company’s stock valued at $361,033,000 after purchasing an additional 930,158 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Vertiv news, Director Edward Monser sold 15,287 shares of the business’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total value of $3,880,146.34. Following the transaction, the director directly owned 16,500 shares in the company, valued at $4,188,030. The trade was a 48.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on VRT. Robert W. Baird set a $320.00 price objective on Vertiv in a report on Thursday, July 30th. Royal Bank Of Canada reduced their target price on shares of Vertiv from $418.00 to $337.00 and set an “outperform” rating for the company in a research report on Thursday, July 30th. Fox Advisors raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Sanford C. Bernstein restated an “outperform” rating and set a $368.00 price target on shares of Vertiv in a research report on Friday, July 31st. Finally, Barclays upped their price objective on shares of Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $357.83.

Check Out Our Latest Report on Vertiv

Vertiv Stock Performance

NYSE VRT opened at $280.76 on Tuesday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.38. The stock’s fifty day moving average is $282.18 and its two-hundred day moving average is $291.47. The firm has a market capitalization of $108.09 billion, a P/E ratio of 63.52, a price-to-earnings-growth ratio of 1.15 and a beta of 2.07. Vertiv Holdings Co. has a fifty-two week low of $118.70 and a fifty-two week high of $379.93.

Vertiv (NYSE:VRTGet Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The business had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.38 billion. During the same period last year, the company earned $0.95 EPS. The company’s revenue for the quarter was up 24.1% on a year-over-year basis. 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, research analysts anticipate that Vertiv Holdings Co. will post 6.72 earnings per share for the current year.

Vertiv Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Monday, September 14th will be paid a dividend of $0.0625 per share. The ex-dividend date of this dividend is Monday, September 14th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s payout ratio is 5.66%.

Vertiv Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Vertiv (NYSE:VRT)

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