Vertiv (NYSE:VRT) Shares Up 6% – Here’s What Happened

Vertiv Holdings Co. (NYSE:VRT) shot up 6% on Thursday . The company traded as high as $298.66 and last traded at $297.7960. 5,006,951 shares traded hands during trading, a decline of 28% from the average session volume of 6,913,861 shares. The stock had previously closed at $280.98.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on VRT. Wall Street Zen raised shares of Vertiv from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Mizuho set a $380.00 target price on shares of Vertiv in a research note on Thursday, May 21st. TD Cowen lifted their target price on shares of Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Weiss Ratings downgraded shares of Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. Finally, Evercore reissued an “outperform” rating and set a $425.00 target price on shares of Vertiv in a research note on Tuesday, May 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $326.39.

Vertiv Price Performance

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 firm has a market cap of $116.18 billion, a P/E ratio of 76.00, a P/E/G ratio of 1.29 and a beta of 2.03. The business’s 50 day moving average is $316.12 and its two-hundred day moving average is $244.41.

Vertiv (NYSE:VRT) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping analysts’ consensus estimates 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 business’s quarterly revenue was up 30.1% on a year-over-year basis. During the same period last 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. As a group, analysts anticipate that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.

Vertiv Dividend Announcement

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

Institutional Investors Weigh In On Vertiv

A number of large investors have recently bought and sold shares of the stock. SFE Investment Counsel grew its holdings in Vertiv by 1.1% in the first quarter. SFE Investment Counsel now owns 3,052 shares of the company’s stock worth $765,000 after purchasing an additional 32 shares during the period. Webster Bank N. A. grew 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 buying an additional 35 shares during the last quarter. Sachetta LLC grew its holdings in shares of Vertiv by 41.4% during the first quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after buying an additional 36 shares during the last quarter. Pincus Capital Management LP grew its holdings in shares of Vertiv by 0.8% during the first quarter. Pincus Capital Management LP now owns 4,713 shares of the company’s stock valued at $1,181,000 after buying an additional 38 shares during the last quarter. Finally, Onyx Bridge Wealth Group LLC grew its holdings in shares of Vertiv by 2.1% during the first quarter. Onyx Bridge Wealth Group LLC now owns 1,908 shares of the company’s stock valued at $478,000 after buying an additional 40 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Vertiv Company Profile

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.