Vertiv (NYSE:VRT) Trading 6% Higher – Here’s What Happened

Shares of Vertiv Holdings Co. (NYSE:VRT) were up 6% on Thursday . The company traded as high as $298.66 and last traded at $297.7960. Approximately 5,006,951 shares were traded during trading, a decline of 28% from the average daily volume of 6,913,861 shares. The stock had previously closed at $280.98.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on VRT shares. Royal Bank Of Canada raised their target price on shares of Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Wall Street Zen upgraded shares of Vertiv from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 30th. Bank of America increased their price objective on shares of Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. BNP Paribas Exane assumed coverage on shares of Vertiv in a research note on Tuesday, April 14th. They issued an “outperform” rating and a $345.00 price objective for the company. Finally, Roth Mkm restated a “buy” rating and set a $355.00 target price on shares of Vertiv in a research report on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $326.39.

Vertiv Stock Up 6.0%

The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. The company has a fifty day simple moving average of $314.32 and a two-hundred day simple moving average of $243.03. The firm has a market capitalization of $114.39 billion, a PE ratio of 74.82, a PEG ratio of 1.25 and a beta of 2.03.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.00 by $0.17. The firm 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 business’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 earnings per share. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Analysts forecast that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Monday, June 15th will be issued a $0.0625 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s payout ratio is currently 6.28%.

Hedge Funds Weigh In On Vertiv

A number of hedge funds and other institutional investors have recently modified their holdings of VRT. Pine Valley Investments Ltd Liability Co purchased a new position in Vertiv during the first quarter valued at approximately $2,195,000. DV Trading LLC lifted its holdings in Vertiv by 127.4% during the first quarter. DV Trading LLC now owns 1,321 shares of the company’s stock worth $331,000 after buying an additional 740 shares during the period. Parallel Advisors LLC boosted its position in Vertiv by 18.1% during the 1st quarter. Parallel Advisors LLC now owns 9,564 shares of the company’s stock valued at $2,397,000 after acquiring an additional 1,463 shares in the last quarter. Caerus Investment Advisors LLC boosted its position in Vertiv by 44.5% during the 1st quarter. Caerus Investment Advisors LLC now owns 3,163 shares of the company’s stock valued at $793,000 after acquiring an additional 974 shares in the last quarter. Finally, Glenmede Trust Co. NA purchased a new position in shares of Vertiv in the 1st quarter valued at $890,000. 89.92% of the stock is currently owned by 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.