Vertiv (NYSE:VRT) Upgraded to “Strong-Buy” at Sanford C. Bernstein

Sanford C. Bernstein upgraded shares of Vertiv (NYSE:VRTFree Report) to a strong-buy rating in a research report released on Tuesday,Zacks.com reports.

A number of other analysts have also recently weighed in on VRT. Bank of America increased their target price on shares of Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Wall Street Zen raised shares of Vertiv from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 30th. Oppenheimer increased their target price on shares of Vertiv from $330.00 to $353.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Fox Advisors raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Finally, JPMorgan Chase & Co. increased their target price on shares of Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $326.39.

Read Our Latest Analysis on VRT

Vertiv Trading Down 2.9%

NYSE VRT opened at $281.14 on Tuesday. Vertiv has a 12 month low of $107.38 and a 12 month high of $379.93. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15. The company has a market capitalization of $107.99 billion, a price-to-earnings ratio of 70.64, a price-to-earnings-growth ratio of 1.25 and a beta of 2.03. The company’s fifty day moving average price is $314.32 and its two-hundred day moving average price is $243.03.

Vertiv (NYSE:VRTGet Free Report) last issued its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. The company had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The firm’s revenue was up 30.1% compared to the same quarter last year. During the same period in the prior year, the company earned $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. As a group, research analysts predict that Vertiv will post 6.36 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, June 25th. Investors of record on Monday, June 15th will be issued a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is 6.28%.

Institutional Trading of Vertiv

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

About Vertiv

(Get Free Report)

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.

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Analyst Recommendations for Vertiv (NYSE:VRT)

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