Principal Financial Group Inc. Has $2.15 Million Stake in Vertiv Holdings Co. $VRT

Principal Financial Group Inc. reduced its stake in shares of Vertiv Holdings Co. (NYSE:VRT) by 26.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 14,269 shares of the company’s stock after selling 5,254 shares during the quarter. Principal Financial Group Inc.’s holdings in Vertiv were worth $2,153,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the stock. Howard Capital Management Inc. boosted its position in Vertiv by 3.0% in the 3rd quarter. Howard Capital Management Inc. now owns 1,837 shares of the company’s stock valued at $277,000 after buying an additional 54 shares during the last quarter. Investors Asset Management of Georgia Inc. GA ADV raised its position in shares of Vertiv by 1.9% during the third quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 3,020 shares of the company’s stock worth $456,000 after acquiring an additional 55 shares during the last quarter. JBR Co Financial Management Inc lifted its stake in shares of Vertiv by 0.8% during the third quarter. JBR Co Financial Management Inc now owns 7,825 shares of the company’s stock valued at $1,180,000 after acquiring an additional 65 shares during the period. Plancorp LLC boosted its holdings in Vertiv by 1.3% in the third quarter. Plancorp LLC now owns 5,317 shares of the company’s stock valued at $802,000 after acquiring an additional 67 shares during the last quarter. Finally, True Wealth Design LLC increased its position in Vertiv by 54.0% in the third quarter. True Wealth Design LLC now owns 194 shares of the company’s stock worth $29,000 after purchasing an additional 68 shares during the period. Institutional investors own 89.92% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on VRT. Wolfe Research downgraded shares of Vertiv from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, December 9th. JPMorgan Chase & Co. cut their price objective on shares of Vertiv from $230.00 to $225.00 and set an “overweight” rating on the stock in a report on Friday, January 16th. Citigroup raised their price objective on shares of Vertiv from $220.00 to $286.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. The Goldman Sachs Group upped their target price on shares of Vertiv from $204.00 to $277.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Finally, Roth Mkm restated a “buy” rating and issued a $275.00 price target on shares of Vertiv in a research report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $230.28.

Insider Buying and Selling at Vertiv

In other news, EVP Stephen Liang sold 5,501 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $170.48, for a total transaction of $937,810.48. Following the completion of the transaction, the executive vice president directly owned 4,050 shares of the company’s stock, valued at $690,444. This trade represents a 57.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 5.01% of the stock is owned by corporate insiders.

Vertiv Trading Up 3.8%

Shares of NYSE VRT opened at $243.36 on Wednesday. Vertiv Holdings Co. has a twelve month low of $53.60 and a twelve month high of $255.54. The stock has a market cap of $93.05 billion, a price-to-earnings ratio of 71.37, a P/E/G ratio of 1.24 and a beta of 2.08. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83. The company’s fifty day moving average is $181.14 and its 200-day moving average is $165.74.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, February 11th. The company reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.07. Vertiv had a net margin of 13.03% and a return on equity of 52.91%. The business had revenue of $2.88 billion during the quarter, compared to analysts’ expectations of $2.89 billion. During the same quarter in the prior year, the company earned $0.99 EPS. The firm’s quarterly revenue was up 22.7% on a year-over-year basis. Vertiv has set its Q1 2026 guidance at 0.950-1.010 EPS and its FY 2026 guidance at 5.970-6.070 EPS. Equities research analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current year.

About Vertiv

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.