Vertiv (NYSE:VRT) Trading 2.1% Higher – Here’s Why

Shares of Vertiv Holdings Co. (NYSE:VRT) traded up 2.1% on Thursday . The company traded as high as $185.34 and last traded at $182.6460. 4,862,810 shares changed hands during mid-day trading, a decline of 44% from the average session volume of 8,641,796 shares. The stock had previously closed at $178.88.

Analysts Set New Price Targets

Several research firms have weighed in on VRT. Oppenheimer boosted their price target on Vertiv from $190.00 to $195.00 and gave the stock an “outperform” rating in a research report on Thursday, October 23rd. UBS Group upped their price target on shares of Vertiv from $173.00 to $201.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Mizuho lifted their price objective on shares of Vertiv from $165.00 to $198.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. Deutsche Bank Aktiengesellschaft set a $216.00 price objective on shares of Vertiv and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Finally, Redburn Atlantic upgraded shares of Vertiv to a “hold” rating in a research note on Wednesday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $178.38.

Vertiv Stock Up 3.4%

The firm has a market cap of $72.18 billion, a P/E ratio of 71.24, a P/E/G ratio of 1.48 and a beta of 2.03. The firm’s fifty day moving average is $174.94 and its 200 day moving average is $143.44. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.43 and a current ratio of 1.83.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.25. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The firm had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.59 billion. During the same period last year, the business posted $0.76 earnings per share. The business’s revenue for the quarter was up 29.0% compared to the same quarter last year. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. As a group, equities research analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Tuesday, November 25th will be given a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date is Tuesday, November 25th. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. Vertiv’s dividend payout ratio (DPR) is 9.43%.

Insiders Place Their Bets

In other news, EVP Stephen Liang sold 5,501 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $170.48, for a total value of $937,810.48. Following the completion of the sale, the executive vice president owned 4,050 shares of the company’s stock, valued at approximately $690,444. The trade was a 57.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jakki L. Haussler sold 15,680 shares of the firm’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the transaction, the director directly owned 4,631 shares in the company, valued at approximately $573,873.52. This represents a 77.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.63% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Vertiv

A number of large investors have recently added to or reduced their stakes in VRT. Norges Bank bought a new stake in Vertiv during the second quarter worth $538,132,000. Winslow Capital Management LLC acquired a new position in shares of Vertiv during the 2nd quarter worth $459,284,000. Amundi lifted its position in shares of Vertiv by 96.8% during the 1st quarter. Amundi now owns 6,951,773 shares of the company’s stock worth $469,490,000 after buying an additional 3,420,144 shares during the last quarter. 1832 Asset Management L.P. boosted its stake in Vertiv by 985.3% in the first quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company’s stock valued at $166,183,000 after buying an additional 2,089,612 shares in the last quarter. Finally, Nordea Investment Management AB grew its position in Vertiv by 100.1% in the second quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock valued at $415,132,000 after acquiring an additional 1,624,456 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

About Vertiv

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.