Vertiv (NYSE:VRT) Shares Up 3.3% – Time to Buy?

Vertiv Holdings Co. (NYSE:VRT)’s share price shot up 3.3% during mid-day trading on Wednesday . The stock traded as high as $265.78 and last traded at $264.17. Approximately 3,827,447 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 6,625,514 shares. The stock had previously closed at $255.75.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Evercore set a $375.00 target price on shares of Vertiv in a research report on Wednesday, July 29th. Fox Advisors raised Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Mizuho set a $380.00 price objective on Vertiv in a report on Thursday, May 21st. Bank of America lifted their target price on Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Finally, Weiss Ratings cut Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, August 14th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $357.83.

Vertiv Stock Performance

The firm’s fifty day moving average price is $292.63 and its 200 day moving average price is $288.52. The firm has a market cap of $101.70 billion, a P/E ratio of 59.77, a price-to-earnings-growth ratio of 1.05 and a beta of 2.06. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.38.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.09. The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate 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 firm 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. Sell-side analysts expect that Vertiv Holdings Co. will post 6.7 EPS for the current fiscal year.

Vertiv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were issued a $0.0625 dividend. The ex-dividend date 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 (DPR) is currently 5.66%.

Institutional Investors Weigh In On Vertiv

Hedge funds have recently made changes to their positions in the stock. Empowered Funds LLC boosted its position in Vertiv by 25.9% during the first quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock valued at $834,000 after purchasing an additional 2,377 shares in the last quarter. Sivia Capital Partners LLC bought a new position in Vertiv in the second quarter worth about $567,000. Cary Street Partners Financial LLC lifted its position in shares of Vertiv by 19.8% during the second quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock valued at $178,000 after buying an additional 230 shares during the last quarter. Bank of Nova Scotia boosted its holdings in shares of Vertiv by 49.7% in the 2nd quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock valued at $3,755,000 after buying an additional 9,712 shares in the last quarter. Finally, Ossiam purchased a new position in shares of Vertiv in the 2nd quarter worth approximately $50,000. 89.92% of the stock is currently 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.