Vertiv (NYSE:VRT) Shares Up 1.5% – Here’s Why

Vertiv Holdings Co. (NYSE:VRT)’s stock price rose 1.5% during mid-day trading on Friday . The company traded as high as $305.19 and last traded at $302.4660. Approximately 4,900,469 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 6,899,819 shares. The stock had previously closed at $297.88.

Wall Street Analysts Forecast Growth

VRT has been the topic of a number of research analyst reports. Roth Mkm reissued a “buy” rating and issued a $355.00 price target on shares of Vertiv in a research note on Thursday, May 21st. Zacks Research raised Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Evercore reissued an “outperform” rating and issued a $425.00 price target on shares of Vertiv in a research note on Tuesday, May 12th. Barclays raised their price target on Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Finally, Loop Capital initiated coverage on Vertiv in a research note on Thursday, May 14th. They issued a “buy” rating and a $500.00 price target on the stock. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $326.39.

Vertiv Stock Up 1.5%

The firm has a market capitalization of $116.18 billion, a price-to-earnings ratio of 76.00, a price-to-earnings-growth ratio of 1.31 and a beta of 2.03. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69. The firm has a 50 day moving average price of $316.12 and a two-hundred day moving average price of $244.41.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.17. The business had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The company’s revenue was up 30.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.64 EPS. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. On average, equities analysts expect that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Monday, June 15th will be paid 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 Monday, June 15th. Vertiv’s payout ratio is currently 6.28%.

Hedge Funds Weigh In On Vertiv

Several hedge funds and other institutional investors have recently modified their holdings of the company. Pine Valley Investments Ltd Liability Co acquired a new position in shares of Vertiv in the 1st quarter valued at about $2,195,000. DV Trading LLC lifted its stake in shares of Vertiv by 127.4% in the 1st quarter. DV Trading LLC now owns 1,321 shares of the company’s stock valued at $331,000 after purchasing an additional 740 shares in the last quarter. Parallel Advisors LLC lifted its stake in shares of Vertiv by 18.1% in the 1st quarter. Parallel Advisors LLC now owns 9,564 shares of the company’s stock valued at $2,397,000 after purchasing an additional 1,463 shares in the last quarter. Caerus Investment Advisors LLC lifted its stake in shares of Vertiv by 44.5% in the 1st quarter. Caerus Investment Advisors LLC now owns 3,163 shares of the company’s stock valued at $793,000 after purchasing an additional 974 shares in the last quarter. Finally, Glenmede Trust Co. NA purchased a new stake in shares of Vertiv during the 1st quarter valued at about $890,000. 89.92% of the stock is 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.