Reynders McVeigh Capital Management LLC Sells 2,135 Shares of Vertiv Holdings Co. $VRT

Reynders McVeigh Capital Management LLC lowered its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 2.9% during the fourth quarter, HoldingsChannel reports. The fund owned 70,499 shares of the company’s stock after selling 2,135 shares during the quarter. Reynders McVeigh Capital Management LLC’s holdings in Vertiv were worth $11,421,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VRT. Schroder Investment Management Group lifted its position in Vertiv by 148.0% in the third quarter. Schroder Investment Management Group now owns 1,828,750 shares of the company’s stock worth $275,885,000 after purchasing an additional 1,091,210 shares during the period. Federated Hermes Inc. lifted its position in Vertiv by 934.8% in the third quarter. Federated Hermes Inc. now owns 1,098,150 shares of the company’s stock worth $165,667,000 after purchasing an additional 992,031 shares during the period. Ameriprise Financial Inc. lifted its position in Vertiv by 49.5% in the second quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company’s stock worth $361,033,000 after purchasing an additional 930,158 shares during the period. Qube Research & Technologies Ltd bought a new position in Vertiv in the third quarter worth $125,331,000. Finally, Vanguard Group Inc. lifted its position in Vertiv by 2.2% in the third quarter. Vanguard Group Inc. now owns 38,833,036 shares of the company’s stock worth $5,858,352,000 after purchasing an additional 826,281 shares during the period. 89.92% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director Edward L. Monser sold 77,294 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $245.49, for a total value of $18,974,904.06. Following the completion of the sale, the director directly owned 16,500 shares in the company, valued at approximately $4,050,585. This trade represents a 82.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Anders Karlborg sold 30,487 shares of the firm’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $246.92, for a total value of $7,527,850.04. Following the completion of the sale, the executive vice president owned 34,746 shares of the company’s stock, valued at approximately $8,579,482.32. This trade represents a 46.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 489,761 shares of company stock valued at $123,356,815 in the last 90 days. 1.10% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

VRT has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $281.00 target price on shares of Vertiv in a research report on Thursday, February 12th. BNP Paribas Exane initiated coverage on Vertiv in a research report on Tuesday, April 14th. They issued an “outperform” rating and a $345.00 target price for the company. Jefferies Financial Group reaffirmed a “hold” rating and issued a $260.00 target price (down from $280.00) on shares of Vertiv in a research report on Tuesday, March 31st. Morgan Stanley raised their target price on Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Finally, Evercore reiterated an “outperform” rating and set a $350.00 price objective on shares of Vertiv in a research note on Monday, April 20th. Twenty-one investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $278.38.

Vertiv Stock Performance

Vertiv stock opened at $328.11 on Monday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15. The stock has a fifty day moving average price of $274.42 and a two-hundred day moving average price of $214.19. Vertiv Holdings Co. has a 52-week low of $91.81 and a 52-week high of $331.97. The firm has a market capitalization of $126.03 billion, a P/E ratio of 82.44, a P/E/G ratio of 1.41 and a beta of 2.09.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. During the same period in the prior year, the company posted $0.64 earnings per share. The business’s revenue for the quarter was up 30.1% compared to the same quarter last year. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. As a group, analysts anticipate that Vertiv Holdings Co. will post 6.42 EPS for the current fiscal year.

Vertiv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 17th were paid a $0.0625 dividend. The ex-dividend date was Tuesday, March 17th. 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 Company 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.