Vertiv (NYSE:VRT) Shares Up 1.7% – Should You Buy?

Shares of Vertiv Holdings Co. (NYSE:VRT – Get Free Report) shot up 1.7% during trading on Tuesday. The company traded as high as $254.13 and last traded at $248.2920. Approximately 3,283,451 shares changed hands during trading, a decline of 49% from the average session volume of 6,449,204 shares. The stock had previously closed at $244.04.

Wall Street Analysts Forecast Growth

Several research firms recently commented on VRT. Wells Fargo & Company started coverage on Vertiv in a report on Thursday, September 24th. They issued an “overweight” rating and a $340.00 target price on the stock. Wall Street Zen raised Vertiv from a “hold” rating to a “buy” rating in a research report on Saturday, September 19th. Piper Sandler set a $375.00 price objective on Vertiv in a research report on Wednesday, July 29th. Robert W. Baird set a $320.00 price objective on Vertiv in a report on Thursday, July 30th. Finally, Evercore set a $375.00 target price on Vertiv in a research report on Wednesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $357.08.

View Our Latest Research Report on Vertiv

Vertiv Price Performance

The company’s 50 day moving average is $262.59 and its 200 day moving average is $290.99. 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 stock has a market capitalization of $93.02 billion, a price-to-earnings ratio of 54.81, a price-to-earnings-growth ratio of 1.02 and a beta of 2.07.

Vertiv (NYSE:VRT – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.43 by $0.09. The firm had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. Vertiv’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same period in the previous year, the company 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. Research analysts anticipate that Vertiv Holdings Co. will post 6.72 EPS for the current fiscal year.

Vertiv Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Monday, September 14th were given a $0.0625 dividend. The ex-dividend date of this dividend was 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 is 5.66%.

Insider Transactions at Vertiv

In other Vertiv news, Director Edward Monser sold 15,287 shares of Vertiv stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the transaction, the director owned 16,500 shares of the company’s stock, valued at $4,188,030. The trade was a 48.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Vertiv

Several large investors have recently modified their holdings of VRT. State Street Corp raised its position in Vertiv by 4.5% in the 2nd quarter. State Street Corp now owns 16,531,530 shares of the company’s stock valued at $5,535,087,000 after purchasing an additional 704,970 shares during the last quarter. Wellington Management Group LLP grew its position in Vertiv by 14.1% during the 2nd quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company’s stock worth $1,270,428,000 after purchasing an additional 468,380 shares during the last quarter. Legal & General Group Plc grew its position in Vertiv by 1.1% during the 2nd quarter. Legal & General Group Plc now owns 2,138,967 shares of the company’s stock worth $716,169,000 after purchasing an additional 23,444 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Vertiv by 1.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,709,276 shares of the company’s stock valued at $678,890,000 after purchasing an additional 51,328 shares during the period. Finally, Bank of New York Mellon Corp increased its stake 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 valued at $604,059,000 after purchasing an additional 608,176 shares during the period. 89.92% of the stock is owned by institutional investors and hedge funds.

About Vertiv

(Get Free Report)

Vertiv Holdings Co provides digital infrastructure and continuity solutions for data centers, communication networks, and other technology-intensive facilities. The company helps customers design, build, operate, and maintain infrastructure that supports the availability, performance, and efficiency of critical digital systems.

Its product portfolio includes power management and distribution equipment, uninterruptible power supplies, switchgear, busways, racks, integrated modular systems, and data center infrastructure.

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