Vertiv (NYSE:VRT) Stock Price Up 2.6% – Here’s What Happened

Shares of Vertiv Holdings Co. (NYSE:VRT) were up 2.6% during trading on Friday . The company traded as high as $295.47 and last traded at $294.4570. 3,148,294 shares changed hands during trading, a decline of 53% from the average daily volume of 6,733,332 shares. The stock had previously closed at $287.07.

Analysts Set New Price Targets

Several equities analysts have weighed in on VRT shares. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $368.00 target price on shares of Vertiv in a research note on Friday, July 31st. Mizuho set a $380.00 target price on Vertiv in a report on Thursday, May 21st. Fox Advisors raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. Roth Capital reissued a “buy” rating and set a $355.00 price objective on shares of Vertiv in a research report on Thursday, May 21st. Finally, KeyCorp decreased their price target on shares of Vertiv from $360.00 to $325.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. Three analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Vertiv presently has an average rating of “Buy” and an average price target of $348.54.

Vertiv Price Performance

The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.38. The company has a market cap of $113.36 billion, a price-to-earnings ratio of 66.62, a P/E/G ratio of 1.21 and a beta of 2.06. The company’s 50 day moving average price is $296.99 and its 200 day moving average price is $284.01.

Vertiv (NYSE:VRT) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.09. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The company had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.38 billion. During the same quarter last year, the business posted $0.95 earnings per share. The company’s 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. On average, equities research analysts predict that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is presently 5.66%.

Institutional Investors Weigh In On Vertiv

Several hedge funds and other institutional investors have recently made changes to their positions in VRT. Freestone Grove Partners LP acquired a new stake in Vertiv in the second quarter worth about $14,013,000. Western Wealth Management LLC grew its holdings in Vertiv by 7.1% during the second quarter. Western Wealth Management LLC now owns 1,564 shares of the company’s stock valued at $524,000 after purchasing an additional 104 shares during the period. Invst LLC bought a new stake in shares of Vertiv in the 2nd quarter valued at $547,000. Jupiter Topco LLC bought a new stake in shares of Vertiv in the second quarter worth about $441,083,000. Finally, Wedbush Fund Advisers LLC bought a new stake in Vertiv during the 2nd quarter worth approximately $819,000. 89.92% of the stock is owned by institutional investors and hedge funds.

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.