Vertiv (NYSE:VRT) Trading Up 9.2% on Analyst Upgrade

Vertiv Holdings Co. (NYSE:VRT) shot up 9.2% on Monday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The company traded as high as $264.14 and last traded at $263.7010. Approximately 9,381,799 shares changed hands during trading, an increase of 36% from the average session volume of 6,895,269 shares. The stock had previously closed at $241.57.

Several other analysts also recently weighed in on the company. Royal Bank Of Canada cut their price target on Vertiv from $418.00 to $337.00 and set an “outperform” rating on the stock in a research note on Thursday, July 30th. Piper Sandler set a $375.00 price target on Vertiv in a research report on Wednesday, July 29th. The Goldman Sachs Group upped their price target on shares of Vertiv from $277.00 to $311.00 and gave the stock a “buy” rating in a research note on Tuesday, April 14th. Robert W. Baird set a $320.00 price objective on shares of Vertiv in a research report on Thursday, July 30th. Finally, Wall Street Zen cut shares of Vertiv from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $337.33.

Institutional Investors Weigh In On Vertiv

Several institutional investors have recently modified their holdings of VRT. SFE Investment Counsel boosted its holdings in shares of Vertiv by 1.1% during the 1st quarter. SFE Investment Counsel now owns 3,052 shares of the company’s stock valued at $765,000 after acquiring an additional 32 shares during the last quarter. Versant Capital Management Inc raised its holdings in shares of Vertiv by 3.0% during the second quarter. Versant Capital Management Inc now owns 1,156 shares of the company’s stock valued at $387,000 after purchasing an additional 34 shares during the last quarter. Webster Bank N. A. raised its holdings in shares of Vertiv by 6.9% during the first quarter. Webster Bank N. A. now owns 542 shares of the company’s stock valued at $136,000 after purchasing an additional 35 shares during the last quarter. Sachetta LLC lifted its position in Vertiv by 41.4% during the first quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after purchasing an additional 36 shares during the period. Finally, Pincus Capital Management LP boosted its holdings in Vertiv by 0.8% in the first quarter. Pincus Capital Management LP now owns 4,713 shares of the company’s stock worth $1,181,000 after purchasing an additional 38 shares during the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

Vertiv Stock Up 3.1%

The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62. The company has a market cap of $106.92 billion, a PE ratio of 62.98, a PEG ratio of 1.08 and a beta of 2.06. The company’s fifty day moving average is $303.28 and its 200-day moving average is $278.95.

Vertiv (NYSE:VRT) last released its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.09. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The firm had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same period in the prior year, the firm earned $0.95 EPS. The company’s revenue was up 24.1% compared to the same quarter last year. 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, analysts predict that Vertiv Holdings Co. will post 6.7 EPS for the current year.

Vertiv Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were paid a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s payout ratio is currently 5.66%.

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.