Vertiv Holdings Co. (NYSE:VRT – Get Free Report)’s stock price shot up 2.2% during trading on Wednesday . The company traded as high as $244.76 and last traded at $239.8040. 5,475,305 shares changed hands during trading, a decline of 16% from the average session volume of 6,547,877 shares. The stock had previously closed at $234.61.
Wall Street Analysts Forecast Growth
VRT has been the subject of several analyst reports. Royal Bank Of Canada dropped their price target on shares of Vertiv from $418.00 to $337.00 and set an “outperform” rating for the company in a research report on Thursday, July 30th. Fox Advisors upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. Wall Street Zen downgraded shares of Vertiv from a “buy” rating to a “hold” rating in a research note on Saturday, September 5th. Mizuho set a $380.00 target price on shares of Vertiv in a report on Thursday, May 21st. Finally, Robert W. Baird set a $320.00 target price on Vertiv in a research note on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $357.83.
Check Out Our Latest Research Report on VRT
Vertiv Stock Performance
Vertiv (NYSE:VRT – Get Free Report) last released its quarterly earnings results 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. The business had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The firm’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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. On average, equities analysts predict that Vertiv Holdings Co. will post 6.72 EPS for the current year.
Vertiv Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Monday, September 14th will be paid a dividend of $0.0625 per share. The ex-dividend date of this dividend is Monday, September 14th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s payout ratio is presently 5.66%.
Insider Transactions at Vertiv
In other Vertiv news, Director Edward Monser sold 15,287 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total value of $3,880,146.34. Following the completion of the sale, the director directly owned 16,500 shares in the company, valued at $4,188,030. This trade represents a 48.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Sankala Group LLC bought a new stake in shares of Vertiv during the fourth quarter valued at approximately $27,000. Cullen Frost Bankers Inc. raised its holdings in Vertiv by 98.9% in the fourth quarter. Cullen Frost Bankers Inc. now owns 187 shares of the company’s stock worth $30,000 after purchasing an additional 93 shares in the last quarter. MidFirst Bank bought a new position in Vertiv in the fourth quarter worth $31,000. Sachetta LLC raised its holdings in Vertiv by 41.4% in the first quarter. Sachetta LLC now owns 123 shares of the company’s stock worth $31,000 after purchasing an additional 36 shares in the last quarter. Finally, Lloyd Advisory Services LLC. purchased a new position in Vertiv during the fourth quarter valued at $33,000. Institutional investors own 89.92% of the company’s stock.
About Vertiv
Vertiv Holdings Co (NYSE: VRT) designs, manufactures and services critical digital infrastructure that helps data centers, communications networks and other facilities operate reliably and efficiently. Its solutions support the availability, performance and growth of information technology systems.
The company’s products and services include power management and distribution equipment, uninterruptible power supplies, thermal management and cooling systems, racks and integrated infrastructure, monitoring and management software, and lifecycle services.
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