Vertiv (NYSE:VRT) Stock Price Up 2.9% – Here’s Why

Vertiv Holdings Co. (NYSE:VRT)’s share price rose 2.9% on Monday. The stock traded as high as $201.68 and last traded at $199.9260. 5,502,049 shares traded hands during mid-day trading, a decline of 14% from the average daily volume of 6,379,636 shares. The stock had previously closed at $194.32.

Analyst Upgrades and Downgrades

Several research analysts have commented on VRT shares. Morgan Stanley set a $330.00 target price on Vertiv in a report on Friday, October 16th. BNP Paribas Exane decreased their price target on Vertiv from $380.00 to $365.00 and set an “outperform” rating for the company in a research note on Friday, July 31st. Roth Capital restated a “buy” rating on shares of Vertiv in a research report on Tuesday, October 20th. Glj Research started coverage on Vertiv in a research note on Tuesday, October 6th. They issued a “sell” rating and a $188.00 price objective on the stock. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Vertiv in a report on Monday, September 28th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $335.67.

Vertiv Trading Up 2.9%

The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62. The firm’s 50-day moving average price is $247.47 and its 200 day moving average price is $287.16. The company has a market cap of $76.97 billion, a price-to-earnings ratio of 45.23, a P/E/G ratio of 0.72 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, beating the consensus estimate of $1.43 by $0.09. The firm had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The business’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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, equities analysts expect that Vertiv Holdings Co. will post 6.71 EPS for the current year.

Vertiv Announces Dividend

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

Insider Buying and Selling at Vertiv

In related 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 value of $3,880,146.34. Following the transaction, the director directly owned 16,500 shares in the company, valued at $4,188,030. This trade represents a 48.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in VRT. Jupiter Topco LLC bought a new stake in shares of Vertiv during the 2nd quarter worth $441,083,000. State Street Corp grew its position in Vertiv by 4.5% in the second quarter. State Street Corp now owns 16,531,530 shares of the company’s stock worth $5,535,087,000 after acquiring an additional 704,970 shares in the last quarter. Bank of New York Mellon Corp grew its position in Vertiv by 33.7% in the first quarter. Bank of New York Mellon Corp now owns 2,410,642 shares of the company’s stock worth $604,059,000 after acquiring an additional 608,176 shares in the last quarter. Wellington Management Group LLP increased its stake in Vertiv by 14.1% in the second quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company’s stock valued at $1,270,428,000 after acquiring an additional 468,380 shares during the last quarter. Finally, Principal Financial Group Inc. increased its stake in Vertiv by 4,431.3% in the first quarter. Principal Financial Group Inc. now owns 432,873 shares of the company’s stock valued at $108,469,000 after acquiring an additional 423,320 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

About Vertiv

Vertiv Holdings Co (NYSE: VRT) designs, manufactures and services critical digital infrastructure that supports data centers, communication networks and other facilities requiring reliable power and environmental control. Its solutions are used by cloud and colocation providers, telecommunications companies, enterprises, industrial organizations and edge-computing operators.

The company’s offerings include uninterruptible power supplies, power distribution and management systems, thermal-management and cooling equipment, integrated racks and enclosures, modular infrastructure, and monitoring and control software.