Vertiv (NYSE:VRT) Shares Up 9.6% Following Dividend Announcement

Vertiv Holdings Co. (NYSE:VRT) was up 9.6% during mid-day trading on Monday after the company announced a dividend. The company traded as high as $266.67 and last traded at $264.8740. Approximately 20,255,153 shares changed hands during trading, an increase of 219% from the average daily volume of 6,347,213 shares. The stock had previously closed at $241.78.

The newly announced dividend which will be paid on Thursday, March 26th. Stockholders of record on Tuesday, March 17th will be given a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Tuesday, March 17th. Vertiv’s dividend payout ratio is presently 7.33%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on VRT shares. Wolfe Research downgraded shares of Vertiv from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, December 9th. Oppenheimer restated an “outperform” rating and set a $270.00 target price on shares of Vertiv in a report on Thursday, February 12th. Weiss Ratings raised Vertiv from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 13th. Evercore reissued an “outperform” rating and issued a $280.00 price target on shares of Vertiv in a research report on Wednesday, February 11th. Finally, Mizuho upped their price objective on Vertiv from $198.00 to $290.00 and gave the stock an “outperform” rating in a research note on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $230.28.

Vertiv Price Performance

The company has a market cap of $101.34 billion, a PE ratio of 77.68, a PEG ratio of 1.22 and a beta of 2.02. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.55 and a quick ratio of 1.22. The stock’s 50-day moving average is $203.27 and its 200 day moving average is $176.10.

Vertiv (NYSE:VRT) last released its quarterly earnings results on Wednesday, February 11th. The company reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.07. The business had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.89 billion. Vertiv had a net margin of 13.03% and a return on equity of 49.55%. The business’s revenue for the quarter was up 22.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.99 earnings per share. Vertiv has set its Q1 2026 guidance at 0.950-1.010 EPS and its FY 2026 guidance at 5.970-6.070 EPS. On average, equities analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Insider Activity at Vertiv

In other news, Director Roger Fradin sold 101,667 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $253.42, for a total transaction of $25,764,451.14. Following the sale, the director owned 40,000 shares in the company, valued at approximately $10,136,800. The trade was a 71.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman David M. Cote sold 40,000 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $255.29, for a total transaction of $10,211,600.00. Following the completion of the transaction, the chairman directly owned 22,258 shares of the company’s stock, valued at $5,682,244.82. The trade was a 64.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 412,467 shares of company stock worth $104,381,911 over the last ninety days. Corporate insiders own 2.63% of the company’s stock.

Institutional Investors Weigh In On Vertiv

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Abundance Wealth Counselors raised its holdings in shares of Vertiv by 313.7% during the third quarter. Abundance Wealth Counselors now owns 10,165 shares of the company’s stock worth $1,533,000 after purchasing an additional 7,708 shares during the last quarter. Union Bancaire Privee UBP SA boosted its holdings in Vertiv by 35.5% in the third quarter. Union Bancaire Privee UBP SA now owns 272,608 shares of the company’s stock valued at $41,126,000 after purchasing an additional 71,361 shares during the last quarter. Plato Investment Management Ltd grew its position in Vertiv by 272.7% during the 3rd quarter. Plato Investment Management Ltd now owns 8,825 shares of the company’s stock worth $1,321,000 after purchasing an additional 6,457 shares during the period. KLP Kapitalforvaltning AS grew its position in Vertiv by 5.5% during the 3rd quarter. KLP Kapitalforvaltning AS now owns 143,100 shares of the company’s stock worth $21,588,000 after purchasing an additional 7,400 shares during the period. Finally, Westpac Banking Corp raised its stake in shares of Vertiv by 100.2% during the 2nd quarter. Westpac Banking Corp now owns 12,812 shares of the company’s stock valued at $1,645,000 after buying an additional 6,411 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.