Vertiv (NYSE:VRT) Trading 1.8% Higher – Here’s What Happened

Vertiv Holdings Co. (NYSE:VRT)’s share price traded up 1.8% on Thursday . The stock traded as high as $338.88 and last traded at $323.4150. Approximately 3,929,284 shares traded hands during mid-day trading, a decline of 43% from the average daily volume of 6,938,372 shares. The stock had previously closed at $317.81.

Wall Street Analysts Forecast Growth

VRT has been the subject of a number of recent analyst reports. Sanford C. Bernstein started coverage on Vertiv in a research report on Tuesday, June 9th. They issued an “outperform” rating and a $416.00 price objective for the company. BNP Paribas Exane began coverage on Vertiv in a research report on Tuesday, April 14th. They set an “outperform” rating and a $345.00 target price on the stock. Fox Advisors raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Oppenheimer boosted their price target on shares of Vertiv from $330.00 to $353.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Finally, Roth Capital restated a “buy” rating and set a $355.00 price objective on shares of Vertiv in a research report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $342.24.

Vertiv Stock Down 1.6%

The firm has a market cap of $122.40 billion, a price-to-earnings ratio of 80.07, a PEG ratio of 1.40 and a beta of 2.03. The business has a fifty day simple moving average of $324.66 and a 200 day simple moving average of $264.75. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. During the same period in the previous year, the company posted $0.64 earnings per share. The business’s revenue was up 30.1% on a year-over-year basis. 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, equities analysts forecast that Vertiv Holdings Co. will post 6.38 EPS for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were issued a dividend of $0.0625 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is presently 6.28%.

Institutional Investors Weigh In On Vertiv

A number of hedge funds have recently modified their holdings of the business. Lingotto Investment Management LLP purchased a new stake in Vertiv in the 4th quarter valued at $2,641,000. Norges Bank acquired a new position in Vertiv in the fourth quarter valued at $808,701,000. Sterling Investment Advisors Ltd. increased its stake in Vertiv by 26.1% in the fourth quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock valued at $3,641,000 after purchasing an additional 4,645 shares during the period. Dymon Asia Capital Singapore PTE. LTD. purchased a new stake in shares of Vertiv in the fourth quarter valued at about $2,197,000. Finally, Fidelis Capital Partners LLC boosted its stake in shares of Vertiv by 51.0% during the fourth quarter. Fidelis Capital Partners LLC now owns 11,189 shares of the company’s stock worth $1,813,000 after buying an additional 3,777 shares during the period. 89.92% of the stock is currently owned by institutional investors and hedge funds.

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.