Vertiv (NYSE:VRT) Stock Price Up 1.6% on Analyst Upgrade

Vertiv Holdings Co. (NYSE:VRT)’s stock price was up 1.6% during mid-day trading on Monday after Evercore ISI raised their price target on the stock from $165.00 to $180.00. Evercore ISI currently has an outperform rating on the stock. Vertiv traded as high as $169.83 and last traded at $162.77. Approximately 7,044,155 shares traded hands during trading, a decline of 21% from the average daily volume of 8,879,994 shares. The stock had previously closed at $160.20.

A number of other brokerages have also commented on VRT. Roth Capital reiterated a “buy” rating and issued a $162.00 price objective on shares of Vertiv in a research report on Thursday, September 25th. Royal Bank Of Canada lifted their price target on shares of Vertiv from $143.00 to $162.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. The Goldman Sachs Group set a $159.00 price target on shares of Vertiv in a research note on Monday, September 29th. Morgan Stanley reaffirmed an “overweight” rating on shares of Vertiv in a research note on Sunday, August 10th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Vertiv in a report on Saturday, September 27th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $147.58.

Insider Activity at Vertiv

In other Vertiv news, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the completion of the transaction, the director owned 4,631 shares in the company, valued at approximately $573,873.52. This represents a 77.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Karsten Winther sold 41,654 shares of the company’s stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $134.21, for a total value of $5,590,383.34. Following the transaction, the insider directly owned 18,848 shares of the company’s stock, valued at $2,529,590.08. This represents a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 180,952 shares of company stock valued at $23,360,571. Insiders own 5.01% of the company’s stock.

Institutional Investors Weigh In On Vertiv

Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Vertiv by 0.8% in the second quarter. Vanguard Group Inc. now owns 38,006,755 shares of the company’s stock worth $4,880,447,000 after purchasing an additional 291,596 shares in the last quarter. State Street Corp increased its stake in Vertiv by 5.7% in the 2nd quarter. State Street Corp now owns 8,269,839 shares of the company’s stock valued at $1,061,930,000 after buying an additional 442,937 shares during the last quarter. Amundi lifted its position in Vertiv by 96.8% during the 1st quarter. Amundi now owns 6,951,773 shares of the company’s stock worth $469,490,000 after buying an additional 3,420,144 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Vertiv by 3.4% during the 2nd quarter. Geode Capital Management LLC now owns 6,686,778 shares of the company’s stock worth $856,082,000 after buying an additional 219,970 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Vertiv by 20.9% during the 2nd quarter. Invesco Ltd. now owns 5,931,488 shares of the company’s stock worth $761,662,000 after buying an additional 1,024,634 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.

Vertiv Price Performance

The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74. The company has a fifty day moving average price of $137.67 and a two-hundred day moving average price of $114.64. The company has a market cap of $62.16 billion, a P/E ratio of 77.88, a PEG ratio of 1.41 and a beta of 1.84.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.83 by $0.12. The firm had revenue of $2.64 billion during the quarter, compared to analysts’ expectations of $2.36 billion. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The business’s quarterly revenue was up 35.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, sell-side analysts anticipate that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were issued a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv’s payout ratio is presently 7.18%.

Vertiv Company Profile

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.