Vertiv Holdings Co. (NYSE:VRT – Get Free Report) shares traded up 6.1% during mid-day trading on Wednesday . The stock traded as high as $329.70 and last traded at $318.0040. 6,143,896 shares changed hands during mid-day trading, a decline of 10% from the average session volume of 6,860,110 shares. The stock had previously closed at $299.60.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on VRT shares. Fox Advisors upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. JPMorgan Chase & Co. boosted their target price on Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Barclays upped their price objective on Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Wall Street Zen upgraded Vertiv from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Finally, Royal Bank Of Canada raised their target price on Vertiv from $356.00 to $435.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Vertiv has an average rating of “Moderate Buy” and a consensus price target of $326.39.
Get Our Latest Stock Analysis on VRT
Vertiv Trading Up 6.1%
Vertiv (NYSE:VRT – Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. The business had revenue of $2.65 billion during 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 business’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. As a group, sell-side analysts forecast that Vertiv Holdings Co. will post 6.36 EPS for the current year.
Vertiv Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be issued 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 is Monday, June 15th. Vertiv’s payout ratio is presently 6.28%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Pine Valley Investments Ltd Liability Co purchased a new position in Vertiv in the first quarter valued at about $2,195,000. DV Trading LLC lifted its position in shares of Vertiv by 127.4% in the first quarter. DV Trading LLC now owns 1,321 shares of the company’s stock worth $331,000 after buying an additional 740 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of Vertiv by 18.1% in the first quarter. Parallel Advisors LLC now owns 9,564 shares of the company’s stock worth $2,397,000 after buying an additional 1,463 shares during the last quarter. Caerus Investment Advisors LLC lifted its position in shares of Vertiv by 44.5% during the 1st quarter. Caerus Investment Advisors LLC now owns 3,163 shares of the company’s stock worth $793,000 after purchasing an additional 974 shares during the last quarter. Finally, Glenmede Trust Co. NA acquired a new position in shares of Vertiv during the 1st quarter worth about $890,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.
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.
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