Vertiv (NYSE:VRT) Shares Up 5.9% – Here’s What Happened

Vertiv Holdings Co. (NYSE:VRT) shot up 5.9% during trading on Monday . The stock traded as high as $329.38 and last traded at $318.41. 6,416,416 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 6,993,839 shares. The stock had previously closed at $300.53.

Wall Street Analysts Forecast Growth

VRT has been the subject of a number of analyst reports. BNP Paribas Exane initiated coverage on shares of Vertiv in a research note on Tuesday, April 14th. They issued an “outperform” rating and a $345.00 target price for the company. HSBC assumed 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. Barclays raised their target price on Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a report on Friday, May 15th. Mizuho set a $380.00 price objective on Vertiv in a report on Thursday, May 21st. Finally, Loop Capital began coverage on Vertiv in a report on Thursday, May 14th. They issued a “buy” rating and a $500.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $326.39.

Vertiv Stock Up 5.9%

The firm has a 50-day moving average of $324.54 and a two-hundred day moving average of $259.86. The firm has a market cap of $122.30 billion, a price-to-earnings ratio of 80.00, a PEG ratio of 1.30 and a beta of 2.03. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping the consensus estimate of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The company had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. During the same period in the previous year, the business posted $0.64 EPS. The company’s revenue for the quarter was up 30.1% on a year-over-year basis. 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, sell-side analysts predict that Vertiv Holdings Co. will post 6.37 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were paid a dividend of $0.0625 per share. 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 is presently 6.28%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in VRT. SFE Investment Counsel grew its position in Vertiv by 1.1% during the first quarter. SFE Investment Counsel now owns 3,052 shares of the company’s stock worth $765,000 after buying an additional 32 shares in the last quarter. Versant Capital Management Inc increased its position in shares of Vertiv by 3.0% during the second quarter. Versant Capital Management Inc now owns 1,156 shares of the company’s stock valued at $387,000 after purchasing an additional 34 shares during the period. Webster Bank N. A. raised its stake in shares of Vertiv by 6.9% in the first quarter. Webster Bank N. A. now owns 542 shares of the company’s stock valued at $136,000 after purchasing an additional 35 shares in the last quarter. Sachetta LLC lifted its position in Vertiv by 41.4% in the first quarter. Sachetta LLC now owns 123 shares of the company’s stock worth $31,000 after purchasing an additional 36 shares during the period. Finally, Pincus Capital Management LP boosted its stake in Vertiv by 0.8% during the first quarter. Pincus Capital Management LP now owns 4,713 shares of the company’s stock worth $1,181,000 after buying an additional 38 shares in the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

About Vertiv

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.