Vertiv Holdings Co. (NYSE:VRT – Get Free Report)’s stock price traded up 5% during trading on Thursday . The stock traded as high as $337.79 and last traded at $333.4870. Approximately 7,215,539 shares changed hands during mid-day trading, an increase of 5% from the average daily volume of 6,863,336 shares. The stock had previously closed at $317.58.
Analysts Set New Price Targets
Several analysts have recently issued reports on VRT shares. The Goldman Sachs Group increased their price objective on Vertiv from $277.00 to $311.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. Barclays boosted their target price on Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. JPMorgan Chase & Co. upped their price target on Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Loop Capital assumed coverage on shares of Vertiv in a research note on Thursday, May 14th. They issued a “buy” rating and a $500.00 price target for the company. Finally, TD Cowen upped their price target on Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $326.39.
Read Our Latest Report on Vertiv
Vertiv Stock Performance
Vertiv (NYSE:VRT – Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.17. The company had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. Vertiv’s revenue for the quarter was up 30.1% on a year-over-year basis. During the same period 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. As a group, research analysts anticipate that Vertiv Holdings Co. will post 6.36 EPS for the current year.
Vertiv Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be given a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date is Monday, June 15th. Vertiv’s payout ratio is 6.28%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of VRT. Vermillion & White Wealth Management Group LLC lifted its holdings in shares of Vertiv by 58.3% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after purchasing an additional 56 shares during the period. Sankala Group LLC purchased a new position in Vertiv during the 4th quarter worth $27,000. Meeder Asset Management Inc. raised its position in Vertiv by 211.3% during the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after buying an additional 112 shares during the last quarter. Rossby Financial LCC acquired a new stake in shares of Vertiv in the 4th quarter worth $27,000. Finally, Park Place Capital Corp increased its stake in shares of Vertiv by 624.0% during the fourth quarter. Park Place Capital Corp now owns 181 shares of the company’s stock worth $29,000 after acquiring an additional 156 shares during the period. 89.92% of the stock is currently owned by hedge funds and other institutional investors.
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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