The Manufacturers Life Insurance Company Sells 7,158 Shares of Vertiv Holdings Co. $VRT

The Manufacturers Life Insurance Company decreased its position in Vertiv Holdings Co. (NYSE:VRT) by 3.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 206,833 shares of the company’s stock after selling 7,158 shares during the period. The Manufacturers Life Insurance Company’s holdings in Vertiv were worth $69,252,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. California State Teachers Retirement System boosted its stake in shares of Vertiv by 33,242.5% in the 2nd quarter. California State Teachers Retirement System now owns 185,501,329 shares of the company’s stock worth $62,109,555,000 after buying an additional 184,944,978 shares during the last quarter. State Street Corp lifted its holdings in Vertiv by 2.8% during the fourth quarter. State Street Corp now owns 8,694,900 shares of the company’s stock worth $1,408,661,000 after acquiring an additional 235,577 shares during the period. Geode Capital Management LLC boosted its position in Vertiv by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock worth $1,141,723,000 after purchasing an additional 143,821 shares during the last quarter. Invesco Ltd. boosted its position in Vertiv by 2.1% in the fourth quarter. Invesco Ltd. now owns 5,974,205 shares of the company’s stock worth $967,881,000 after purchasing an additional 121,618 shares during the last quarter. Finally, Norges Bank bought a new position in Vertiv in the 4th quarter valued at $808,701,000. Institutional investors own 89.92% of the company’s stock.

Key Headlines Impacting Vertiv

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: AI infrastructure demand supports the bullish case. Analysts and financial commentators identify Vertiv as a key provider of the power, cooling and thermal-management systems needed to operate AI data centers. The company is viewed as benefiting from a new capital-spending cycle alongside NVIDIA and Arista Networks. AI Capex Creates New Investment Cycle: NVIDIA & 2 Other Stocks to Buy
• Positive Sentiment: Utility Innovation Holdings acquisition expands Vertiv’s opportunity. Vertiv’s planned $1.45 billion purchase is expected to add microgrid capabilities and upstream power-architecture solutions, potentially allowing the company to capture more spending across the data-center power stack and strengthen its AI infrastructure position. 1 Big Reason Vertiv’s New Acquisition Could Supercharge Its AI Dominance
• Positive Sentiment: Several analysts see rebound potential. Commentary highlights Vertiv as a long-term growth stock and notes that at least one Wall Street strategist has established a target implying substantial upside after the recent pullback. Vertiv Has Cooled for 3 Months
• Neutral Sentiment: Vertiv recently exceeded quarterly EPS expectations and posted strong year-over-year revenue growth, but revenue fell short of consensus estimates. Its current guidance remains supportive of continued earnings growth.
• Negative Sentiment: Valuation and execution risks remain. The stock has declined materially from its recent high, and analysts caution that investors may face additional volatility while Vertiv integrates the acquisition and demonstrates that demand, margins and operating execution justify its premium valuation. What Does Buying a Vertiv Dip Cost You Before It Pays?

Analysts Set New Price Targets

Several brokerages have recently issued reports on VRT. Robert W. Baird set a $320.00 target price on Vertiv in a research report on Thursday, July 30th. Evercore set a $375.00 price target on shares of Vertiv in a report on Wednesday, July 29th. TD Cowen increased their price target on shares of Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Fox Advisors upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Finally, Roth Capital reaffirmed a “buy” rating and issued a $355.00 price objective on shares of Vertiv in a research report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Vertiv presently has an average rating of “Moderate Buy” and a consensus price target of $357.83.

Insider Buying and Selling

In other Vertiv news, Director Edward Monser sold 15,287 shares of the stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the completion of the transaction, the director owned 16,500 shares in the company, valued at $4,188,030. This trade represents a 48.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by company insiders.

Vertiv Stock Performance

Shares of VRT opened at $256.91 on Friday. The firm has a market cap of $98.91 billion, a PE ratio of 58.12, a PEG ratio of 1.02 and a beta of 2.07. The stock’s fifty day moving average price is $278.40 and its two-hundred day moving average price is $291.72. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. Vertiv Holdings Co. has a 1 year low of $132.68 and a 1 year high of $379.93.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.09. The firm 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 for the quarter was up 24.1% compared to the same quarter last year. During the same quarter in the prior year, the firm 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, equities research analysts forecast that Vertiv Holdings Co. will post 6.72 EPS for the current year.

Vertiv Announces Dividend

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

Vertiv Company Profile

Vertiv Holdings Co (NYSE: VRT) designs, manufactures and services critical digital infrastructure that helps data centers, communications networks and other facilities operate reliably and efficiently. Its solutions support the availability, performance and growth of information technology systems.

The company’s products and services include power management and distribution equipment, uninterruptible power supplies, thermal management and cooling systems, racks and integrated infrastructure, monitoring and management software, and lifecycle services.