Vertiv (NYSE:VRT) Stock Price Up 3% – What’s Next?

Vertiv Holdings Co. (NYSE:VRT) shot up 3% during trading on Friday . The stock traded as high as $250.15 and last traded at $248.8090. 7,814,349 shares changed hands during trading, an increase of 19% from the average daily volume of 6,545,242 shares. The stock had previously closed at $241.49.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. KeyCorp cut their target price on Vertiv from $360.00 to $325.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Glj Research upgraded shares of Vertiv from a “hold” rating to a “buy” rating and set a $381.00 price objective on the stock in a report on Friday, August 7th. Citigroup dropped their price objective on shares of Vertiv from $414.00 to $358.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Piper Sandler set a $375.00 price objective on shares of Vertiv in a report on Wednesday, July 29th. Finally, UBS Group reiterated a “buy” rating and set a $370.00 price target on shares of Vertiv in a research note on Thursday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $357.83.

Vertiv Price Performance

The firm has a market cap of $95.79 billion, a PE ratio of 56.29, a P/E/G ratio of 0.98 and a beta of 2.07. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. The business’s fifty day moving average is $272.15 and its 200-day moving average is $291.52.

Vertiv (NYSE:VRT) last released its earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.43 by $0.09. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The firm had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.38 billion. During the same period in the prior year, the firm earned $0.95 EPS. The company’s revenue was up 24.1% compared to the same quarter last year. 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, research analysts predict that Vertiv Holdings Co. will post 6.72 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The company also recently declared 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 is Monday, September 14th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is presently 5.66%.

Insiders Place Their Bets

In related news, Director Edward Monser sold 15,287 shares of Vertiv stock in a transaction dated Tuesday, September 1st. The stock was 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 owned 16,500 shares of the company’s stock, valued at approximately $4,188,030. This trade represents a 48.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.10% of the company’s stock.

Institutional Trading of Vertiv

Several hedge funds and other institutional investors have recently modified their holdings of the business. Wellington Management Group LLP raised its holdings in Vertiv by 14.1% during the 2nd quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company’s stock valued at $1,270,428,000 after acquiring an additional 468,380 shares during the period. Geode Capital Management LLC grew its position in shares of Vertiv by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock valued at $1,141,723,000 after purchasing an additional 143,821 shares in the last quarter. Norges Bank purchased a new position in shares of Vertiv in the fourth quarter valued at $808,701,000. Legal & General Group Plc raised its stake in shares of Vertiv by 1.1% during the 2nd quarter. Legal & General Group Plc now owns 2,138,967 shares of the company’s stock valued at $716,169,000 after purchasing an additional 23,444 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Vertiv by 1.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,709,276 shares of the company’s stock valued at $678,890,000 after purchasing an additional 51,328 shares during the period. Institutional investors own 89.92% of the company’s stock.

Vertiv Company Profile

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.