BI Asset Management Fondsmaeglerselskab A S Reduces Stake in Vertiv Holdings Co. $VRT

BI Asset Management Fondsmaeglerselskab A S lowered its position in Vertiv Holdings Co. (NYSE:VRT) by 71.2% during the first quarter, Holdings Channel.com reports. The institutional investor owned 22,705 shares of the company’s stock after selling 56,155 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Vertiv were worth $5,689,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Vermillion & White Wealth Management Group LLC lifted its stake in Vertiv by 58.3% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after acquiring an additional 56 shares during the period. Sankala Group LLC acquired a new stake in shares of Vertiv in the fourth quarter worth $27,000. Meeder Asset Management Inc. raised its holdings in shares of Vertiv by 211.3% during the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after purchasing an additional 112 shares during the last quarter. Rossby Financial LCC purchased a new position in shares of Vertiv during the fourth quarter worth $27,000. Finally, Park Place Capital Corp lifted its position in Vertiv by 624.0% during the fourth quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after purchasing an additional 156 shares during the period. Institutional investors and hedge funds own 89.92% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Jefferies Financial Group reaffirmed a “hold” rating and issued a $260.00 price target (down from $280.00) on shares of Vertiv in a report on Tuesday, March 31st. Evercore reiterated an “outperform” rating and set a $425.00 price objective on shares of Vertiv in a research note on Tuesday, May 12th. Wall Street Zen cut Vertiv from a “strong-buy” rating to a “buy” rating in a report on Saturday. BNP Paribas Exane began coverage on Vertiv in a research note on Tuesday, April 14th. They issued an “outperform” rating and a $345.00 target price on the stock. Finally, Bank of America raised their target price on Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $326.39.

Vertiv Price Performance

Shares of Vertiv stock opened at $357.93 on Tuesday. The firm has a market cap of $137.48 billion, a PE ratio of 89.93, a P/E/G ratio of 1.44 and a beta of 2.04. Vertiv Holdings Co. has a twelve month low of $110.06 and a twelve month high of $379.93. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69. The business has a 50-day moving average price of $322.97 and a 200 day moving average price of $251.27.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (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 for the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter in the prior year, the business posted $0.64 earnings per share. Vertiv’s revenue for the quarter 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. Sell-side analysts predict that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Monday, June 15th will be given a dividend of $0.0625 per share. The ex-dividend date is Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is 6.28%.

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.