Vertiv (NYSE:VRT) Trading 1.5% Higher – Here’s Why

Vertiv Holdings Co. (NYSE:VRT)’s share price was up 1.5% during trading on Friday . The company traded as high as $305.19 and last traded at $302.4660. Approximately 4,900,469 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 6,899,819 shares. The stock had previously closed at $297.88.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Citigroup lifted their price objective on shares of Vertiv from $353.00 to $414.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Fox Advisors upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Wall Street Zen upgraded shares of Vertiv from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Sanford C. Bernstein started coverage on shares of Vertiv in a research report on Tuesday. They set an “outperform” rating and a $416.00 target price on the stock. Finally, Mizuho set a $380.00 price target on shares of Vertiv in a research report on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $326.39.

Vertiv Price Performance

The company has a market cap of $116.18 billion, a price-to-earnings ratio of 76.00, a PEG ratio of 1.22 and a beta of 2.03. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69. The company’s fifty day moving average price is $315.26 and its two-hundred day moving average price is $244.00.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping the consensus estimate of $1.00 by $0.17. The business had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The firm’s revenue was up 30.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.64 earnings per share. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. On average, equities research analysts forecast that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.

Vertiv Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be given a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is currently 6.28%.

Hedge Funds Weigh In On Vertiv

Several hedge funds have recently bought and sold shares of the company. CreativeOne Wealth LLC lifted its holdings in Vertiv by 187.8% in the 3rd quarter. CreativeOne Wealth LLC now owns 10,646 shares of the company’s stock worth $1,606,000 after purchasing an additional 6,947 shares in the last quarter. Lingotto Investment Management LLP purchased a new stake in shares of Vertiv during the 4th quarter worth approximately $2,641,000. Sterling Investment Advisors Ltd. raised its holdings in shares of Vertiv by 26.1% during the 4th quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock worth $3,641,000 after acquiring an additional 4,645 shares in the last quarter. Norges Bank purchased a new stake in shares of Vertiv during the 4th quarter worth approximately $808,701,000. Finally, WD Rutherford LLC raised its holdings in shares of Vertiv by 80.7% during the 4th quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock worth $2,443,000 after acquiring an additional 6,734 shares in the last quarter. 89.92% of the stock is owned by institutional investors.

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.