Vertiv (NYSE:VRT) Shares Up 1.2% – Here’s Why

Shares of Vertiv Holdings Co. (NYSE:VRT) traded up 1.2% during mid-day trading on Thursday . The company traded as high as $264.95 and last traded at $264.25. Approximately 5,168,658 shares traded hands during mid-day trading, a decline of 23% from the average session volume of 6,695,334 shares. The stock had previously closed at $261.00.

Wall Street Analyst Weigh In

VRT has been the subject of a number of analyst reports. JPMorgan Chase & Co. boosted their price target on Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Wall Street Zen lowered Vertiv from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. Barclays boosted their target price on shares of Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a research note on Friday, May 15th. Citigroup decreased their price target on shares of Vertiv from $414.00 to $358.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Finally, UBS Group reiterated a “buy” rating and set a $370.00 price target on shares of Vertiv in a report on Thursday, July 30th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $357.83.

Vertiv Stock Performance

The stock’s 50 day moving average price is $296.12 and its 200 day moving average price is $286.50. The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62. The company has a market cap of $101.73 billion, a price-to-earnings ratio of 59.79, a P/E/G ratio of 1.12 and a beta of 2.06.

Vertiv (NYSE:VRT) last released its earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.09. The business had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The company’s quarterly revenue was up 24.1% on a year-over-year basis. During the same period last year, the company earned $0.95 earnings per share. 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 expect that Vertiv Holdings Co. will post 6.7 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 paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is currently 5.66%.

Institutional Trading of Vertiv

A number of institutional investors have recently added to or reduced their stakes in the business. Vermillion & White Wealth Management Group LLC lifted its position in Vertiv by 58.3% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after acquiring an additional 56 shares in the last quarter. Sankala Group LLC purchased a new stake in shares of Vertiv during the fourth quarter valued at approximately $27,000. Meeder Asset Management Inc. lifted its position in shares of Vertiv by 211.3% during the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after purchasing an additional 112 shares in the last quarter. Rossby Financial LCC acquired a new position in shares of Vertiv during the fourth quarter worth $27,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Vertiv in the fourth quarter valued at $29,000. 89.92% of the stock is owned by hedge funds and other 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.