Vertiv (NYSE:VRT) Price Target Raised to $440.00 at Bank of America

Vertiv (NYSE:VRT) had its target price lifted by Bank of America from $370.00 to $440.00 in a research report sent to investors on Friday morning,Benzinga reports. Bank of America currently has a buy rating on the stock.

A number of other equities research analysts have also issued reports on VRT. Jefferies Financial Group reissued a “hold” rating and issued a $260.00 price objective (down from $280.00) on shares of Vertiv in a report on Tuesday, March 31st. Mizuho upped their price objective on shares of Vertiv from $198.00 to $290.00 and gave the company an “outperform” rating in a report on Thursday, February 12th. BNP Paribas Exane began coverage on shares of Vertiv in a report on Tuesday, April 14th. They issued an “outperform” rating and a $345.00 price objective for the company. Wall Street Zen lowered shares of Vertiv from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 10th. Finally, HSBC started coverage on shares of Vertiv in a report on Wednesday, March 25th. They issued a “buy” rating and a $325.00 price objective for the company. Twenty-two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Vertiv presently has an average rating of “Moderate Buy” and an average price target of $314.45.

Vertiv Trading Down 1.4%

Shares of NYSE:VRT opened at $371.05 on Friday. Vertiv has a 1 year low of $101.00 and a 1 year high of $379.93. The firm has a market capitalization of $142.52 billion, a price-to-earnings ratio of 93.23, a price-to-earnings-growth ratio of 1.61 and a beta of 2.09. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15. The business’s 50 day moving average price is $293.64 and its 200-day moving average price is $225.34.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. The company 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 firm’s revenue for the quarter was up 30.1% on a year-over-year basis. During the same quarter last 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. On average, equities research analysts forecast that Vertiv will post 6.42 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 17th were paid a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Tuesday, March 17th. Vertiv’s dividend payout ratio (DPR) is presently 6.28%.

Insiders Place Their Bets

In other news, Chairman David M. Cote sold 40,000 shares of Vertiv stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $255.29, for a total value of $10,211,600.00. Following the completion of the transaction, the chairman owned 22,258 shares in the company, valued at approximately $5,682,244.82. This trade represents a 64.25% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Jan Van Dokkum sold 38,647 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $254.87, for a total value of $9,849,960.89. Following the sale, the director owned 25,000 shares of the company’s stock, valued at approximately $6,371,750. The trade was a 60.72% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 489,761 shares of company stock worth $123,356,815. Corporate insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Vertiv

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VRT. Vermillion & White Wealth Management Group LLC lifted its stake in Vertiv by 58.3% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after buying an additional 56 shares during the last quarter. Sankala Group LLC purchased a new stake in Vertiv in the fourth quarter valued at approximately $27,000. Meeder Asset Management Inc. lifted its stake in Vertiv by 211.3% in the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after buying an additional 112 shares during the last quarter. Rossby Financial LCC purchased a new stake in Vertiv in the fourth quarter valued at approximately $27,000. Finally, Park Place Capital Corp lifted its stake in Vertiv by 624.0% in the fourth quarter. Park Place Capital Corp now owns 181 shares of the company’s stock valued at $29,000 after buying an additional 156 shares during the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv News Roundup

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: Bank of America raised its price target on Vertiv to $440 from $370 and kept a buy rating, reinforcing the view that the stock still has meaningful upside. Benzinga
• Positive Sentiment: Royal Bank of Canada also increased its target to $435 from $356 and reiterated outperform, adding to the wave of bullish analyst calls after Vertiv’s strong AI-infrastructure positioning. The Fly
• Positive Sentiment: Multiple recent articles highlight Vertiv as a key winner in AI data-center buildouts, including liquid cooling, high-density thermal management, and power infrastructure, which are all core growth areas for the company.
• Positive Sentiment: Vertiv’s acquisition of Strategic Thermal Labs and its partnership work tied to AI campus projects support its long-term growth story by expanding its cooling and thermal capabilities.

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.