Vertiv (NYSE:VRT) Trading 9.2% Higher Following Analyst Upgrade

Vertiv Holdings Co. (NYSE:VRT)’s share price was up 9.2% on Monday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The stock traded as high as $264.14 and last traded at $263.7010. 9,381,799 shares changed hands during trading, an increase of 36% from the average session volume of 6,895,269 shares. The stock had previously closed at $241.57.

A number of other analysts have also recently commented on VRT. Loop Capital assumed coverage on Vertiv in a research report on Thursday, May 14th. They set a “buy” rating and a $500.00 price objective for the company. Sanford C. Bernstein reiterated an “outperform” rating and issued a $368.00 price target on shares of Vertiv in a report on Friday, July 31st. Mizuho set a $380.00 target price on Vertiv in a report on Thursday, May 21st. Robert W. Baird set a $320.00 price target on Vertiv in a report on Thursday, July 30th. Finally, Wall Street Zen downgraded Vertiv from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Vertiv currently has an average rating of “Moderate Buy” and a consensus price target of $337.33.

Institutional Trading of Vertiv

A number of hedge funds and other institutional investors have recently modified their holdings of the business. SFE Investment Counsel increased its holdings in Vertiv by 1.1% during the 1st quarter. SFE Investment Counsel now owns 3,052 shares of the company’s stock worth $765,000 after purchasing an additional 32 shares during the last quarter. Versant Capital Management Inc increased its stake in shares of Vertiv by 3.0% in the second quarter. Versant Capital Management Inc now owns 1,156 shares of the company’s stock worth $387,000 after buying an additional 34 shares during the last quarter. Webster Bank N. A. raised its holdings in Vertiv by 6.9% in the first quarter. Webster Bank N. A. now owns 542 shares of the company’s stock valued at $136,000 after acquiring an additional 35 shares in the last quarter. Sachetta LLC boosted its stake in Vertiv by 41.4% during the 1st quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after acquiring an additional 36 shares during the last quarter. Finally, Pincus Capital Management LP boosted its stake in Vertiv by 0.8% during the 1st quarter. Pincus Capital Management LP now owns 4,713 shares of the company’s stock valued at $1,181,000 after acquiring an additional 38 shares during the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

Vertiv Price Performance

The company has a market cap of $106.92 billion, a P/E ratio of 62.98, a P/E/G ratio of 1.08 and a beta of 2.06. The company’s 50-day moving average price is $303.28 and its two-hundred day moving average price is $278.95. The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.09. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The firm had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.38 billion. During the same period in the previous year, the company earned $0.95 earnings per share. Vertiv’s quarterly revenue was up 24.1% on a year-over-year basis. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. As a group, sell-side analysts expect that Vertiv Holdings Co. will post 6.7 earnings per share for the current year.

Vertiv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were issued a dividend of $0.0625 per share. 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 is 5.66%.

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.