Vertiv (NYSE:VRT) Stock Price Up 1.3% – Time to Buy?

Vertiv Holdings Co. (NYSE:VRTGet Free Report) traded up 1.3% during mid-day trading on Tuesday . The stock traded as high as $255.40 and last traded at $254.2410. Approximately 3,511,856 shares were traded during trading, a decline of 46% from the average daily volume of 6,520,133 shares. The stock had previously closed at $250.86.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on VRT shares. Piper Sandler set a $375.00 price target on Vertiv in a report on Wednesday, July 29th. Glj Research raised shares of Vertiv from a “hold” rating to a “buy” rating and set a $381.00 target price for the company in a research note on Friday, August 7th. Sanford C. Bernstein restated an “outperform” rating and issued a $368.00 price target on shares of Vertiv in a report on Friday, July 31st. Wall Street Zen raised shares of Vertiv from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, KeyCorp decreased their price objective on shares of Vertiv from $360.00 to $325.00 and set an “overweight” rating for the company in a report on Thursday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $357.83.

Get Our Latest Stock Analysis on Vertiv

Vertiv Stock Up 1.3%

The company has a 50-day moving average of $269.66 and a 200-day moving average of $291.51. The company has a market capitalization of $97.88 billion, a price-to-earnings ratio of 57.52, a price-to-earnings-growth ratio of 1.02 and a beta of 2.07. 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:VRTGet Free Report) last released its earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.09. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same period in the prior year, the firm earned $0.95 EPS. The firm’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 analysts predict that Vertiv Holdings Co. will post 6.72 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Monday, September 14th will be paid a dividend of $0.0625 per share. The ex-dividend date of this dividend is Monday, September 14th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is presently 5.66%.

Insider Buying and Selling at Vertiv

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

Institutional Trading of Vertiv

A number of institutional investors have recently made changes to their positions in the company. State Street Corp grew its stake in Vertiv by 4.5% during the 2nd quarter. State Street Corp now owns 16,531,530 shares of the company’s stock valued at $5,535,087,000 after acquiring an additional 704,970 shares in the last quarter. IKE Capital LLC boosted its holdings in shares of Vertiv by 194.4% during the 2nd quarter. IKE Capital LLC now owns 7,065 shares of the company’s stock worth $2,365,000 after purchasing an additional 4,665 shares during the last quarter. ABS Direct Equity Fund LLC boosted its holdings in shares of Vertiv by 11.7% during the 2nd quarter. ABS Direct Equity Fund LLC now owns 670 shares of the company’s stock worth $224,000 after purchasing an additional 70 shares during the last quarter. Miramontes Capital LLC acquired a new stake in shares of Vertiv in the second quarter valued at approximately $387,000. Finally, Capstone Financial Advisors Inc. purchased a new position in Vertiv during the second quarter worth approximately $206,000. 89.92% of the stock is owned by institutional investors and hedge funds.

Vertiv Company Profile

(Get Free Report)

Vertiv Holdings Co (NYSE: VRT) designs, manufactures and services critical digital infrastructure that helps data centers, communications networks and other facilities operate reliably and efficiently. Its solutions support the availability, performance and growth of information technology systems.

The company’s products and services include power management and distribution equipment, uninterruptible power supplies, thermal management and cooling systems, racks and integrated infrastructure, monitoring and management software, and lifecycle services.

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