Vertiv (NYSE:VRT) Trading Up 1.2% – Here’s Why

Vertiv Holdings Co. (NYSE:VRT)’s share price traded up 1.2% during mid-day trading on Thursday . The company traded as high as $264.95 and last traded at $264.25. 5,168,658 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 6,695,334 shares. The stock had previously closed at $261.00.

Wall Street Analysts Forecast Growth

VRT has been the subject of a number of research reports. Evercore set a $375.00 target price on shares of Vertiv in a research report on Wednesday, July 29th. TD Cowen boosted their price target on shares of Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Weiss Ratings cut shares of Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, August 14th. Roth Capital reaffirmed a “buy” rating and issued a $355.00 price objective on shares of Vertiv in a report on Thursday, May 21st. Finally, Glj Research raised shares of Vertiv from a “hold” rating to a “buy” rating and set a $381.00 target price on the stock in a report on Friday, August 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Vertiv currently has an average rating of “Buy” and a consensus price target of $357.83.

Vertiv Stock Down 0.9%

The stock has a fifty day simple moving average of $294.65 and a two-hundred day simple moving average of $286.87. The firm has a market cap of $101.01 billion, a PE ratio of 59.36, a price-to-earnings-growth ratio of 1.09 and a beta of 2.06. The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The company’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.95 earnings per share. 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, sell-side analysts expect that Vertiv Holdings Co. will post 6.7 EPS for the current fiscal year.

Vertiv Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were issued a $0.0625 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is presently 5.66%.

Institutional Investors Weigh In On Vertiv

A number of institutional investors and hedge funds have recently made changes to their positions in VRT. Empowered Funds LLC raised its holdings in shares of Vertiv by 25.9% in the 1st quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock valued at $834,000 after acquiring an additional 2,377 shares in the last quarter. Sivia Capital Partners LLC bought a new position in shares of Vertiv in the second quarter worth approximately $567,000. Cary Street Partners Financial LLC increased its position in shares of Vertiv by 19.8% in the second quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock worth $178,000 after purchasing an additional 230 shares during the last quarter. Bank of Nova Scotia raised its stake in Vertiv by 49.7% in the second quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock valued at $3,755,000 after purchasing an additional 9,712 shares in the last quarter. Finally, Ossiam bought a new stake in Vertiv during the second quarter valued at approximately $50,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

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.