Perpetual Ltd Sells 111,274 Shares of Vertiv Holdings Co. $VRT

Market Beat
2025.12.20 13:02
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Perpetual Ltd reduced its stake in Vertiv Holdings Co. by 42.6% in Q3, selling 111,274 shares. Despite this, Vertiv's stock rose 3.5%, opening at $159.72. The company reported strong Q3 earnings, with EPS of $1.24, surpassing estimates. Vertiv also increased its quarterly dividend to $0.0625 per share. Analysts have raised their price targets for Vertiv, with several maintaining a 'buy' rating.