Vertiv (NYSE:VRT) Stock Rating Raised to Strong-Buy at BMO Capital Markets

BMO Capital Markets upgraded shares of Vertiv (NYSE:VRT) to a strong-buy rating in a report issued on Sunday,Zacks reports.

Several other analysts also recently weighed in on VRT. Glj Research upgraded Vertiv from a “hold” rating to a “buy” rating and set a $381.00 price target on the stock in a research note on Friday, August 7th. Wall Street Zen upgraded Vertiv from a “hold” rating to a “buy” rating in a research note on Saturday, September 19th. Piper Sandler set a $375.00 target price on Vertiv in a report on Wednesday, July 29th. KeyCorp cut their target price on Vertiv from $360.00 to $325.00 and set an “overweight” rating on the stock in a research note on Thursday, July 30th. Finally, Robert W. Baird set a $320.00 price target on Vertiv in a report on Thursday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $355.96.

Vertiv Trading Up 0.5%

NYSE:VRT opened at $253.43 on Friday. Vertiv has a one year low of $147.82 and a one year high of $379.93. 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 company’s 50-day simple moving average is $260.00 and its 200 day simple moving average is $290.71. The firm has a market capitalization of $97.57 billion, a P/E ratio of 57.34, a PEG ratio of 0.94 and a beta of 2.05.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, topping 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 business had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same quarter in the prior year, the company earned $0.95 earnings per share. The business’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. As a group, analysts forecast that Vertiv will post 6.73 EPS for the current fiscal year.

Vertiv Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Monday, September 14th were given a $0.0625 dividend. The ex-dividend date of this dividend was Monday, September 14th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s dividend payout ratio is 5.66%.

Insider Buying and Selling

In other Vertiv news, Director Edward Monser sold 15,287 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the sale, the director directly owned 16,500 shares in the company, valued at approximately $4,188,030. This trade represents a 48.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of VRT. Eastern Bank boosted its position in shares of Vertiv by 3.7% during the third quarter. Eastern Bank now owns 6,665 shares of the company’s stock valued at $1,608,000 after buying an additional 238 shares during the last quarter. Rockland Trust Co. raised its position in Vertiv by 8.1% in the 3rd quarter. Rockland Trust Co. now owns 2,549 shares of the company’s stock worth $615,000 after buying an additional 191 shares during the last quarter. Polaris Financial Partners purchased a new position in Vertiv in the 3rd quarter worth about $4,227,000. CX Institutional lifted its stake in Vertiv by 750.0% during the 3rd quarter. CX Institutional now owns 527 shares of the company’s stock valued at $127,000 after acquiring an additional 465 shares during the period. Finally, Burkett Financial Services LLC bought a new position in Vertiv during the 3rd quarter valued at about $35,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

About Vertiv

Vertiv Holdings Co provides digital infrastructure and continuity solutions for data centers, communication networks, and other technology-intensive facilities. The company helps customers design, build, operate, and maintain infrastructure that supports the availability, performance, and efficiency of critical digital systems.

Its product portfolio includes power management and distribution equipment, uninterruptible power supplies, switchgear, busways, racks, integrated modular systems, and data center infrastructure.