Vertiv (NYSE:VRT) Shares Up 3% Following Analyst Upgrade

Vertiv Holdings Co. (NYSE:VRT) shot up 3% during trading on Wednesday after JPMorgan Chase & Co. raised their price target on the stock from $150.00 to $206.00. JPMorgan Chase & Co. currently has an overweight rating on the stock. Vertiv traded as high as $182.99 and last traded at $180.33. 5,563,369 shares changed hands during mid-day trading, a decline of 37% from the average session volume of 8,853,905 shares. The stock had previously closed at $175.15.

A number of other research firms have also recently issued reports on VRT. Zacks Research cut Vertiv from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 2nd. Cfra Research upgraded Vertiv to a “moderate buy” rating in a research report on Tuesday, October 7th. Wolfe Research reiterated an “outperform” rating and issued a $155.00 target price on shares of Vertiv in a research report on Thursday, July 10th. Evercore ISI lifted their target price on Vertiv from $165.00 to $180.00 and gave the company an “outperform” rating in a research report on Monday, October 6th. Finally, Weiss Ratings cut Vertiv from a “buy (b)” rating to a “hold (c+)” rating in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Vertiv has a consensus rating of “Moderate Buy” and a consensus target price of $157.90.

Insider Transactions at Vertiv

In other news, insider Paul Ryan sold 22,218 shares of the business’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the sale, the insider directly owned 12,803 shares in the company, valued at approximately $1,630,334.02. The trade was a 63.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Karsten Winther sold 41,654 shares of the business’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 sale, the insider owned 18,848 shares in the company, valued at approximately $2,529,590.08. This trade represents a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 180,952 shares of company stock valued at $23,360,571. 2.63% of the stock is currently owned by company insiders.

Institutional Trading of Vertiv

Hedge funds and other institutional investors have recently made changes to their positions in the company. Financial Management Professionals Inc. lifted its stake in shares of Vertiv by 1,560.0% in the third quarter. Financial Management Professionals Inc. now owns 166 shares of the company’s stock worth $25,000 after acquiring an additional 156 shares during the period. Pacer Advisors Inc. lifted its stake in shares of Vertiv by 67.6% in the third quarter. Pacer Advisors Inc. now owns 171 shares of the company’s stock worth $26,000 after acquiring an additional 69 shares during the period. Promus Capital LLC acquired a new position in shares of Vertiv in the second quarter worth approximately $26,000. Avion Wealth lifted its stake in shares of Vertiv by 99.1% in the second quarter. Avion Wealth now owns 213 shares of the company’s stock worth $27,000 after acquiring an additional 106 shares during the period. Finally, OLD Point Trust & Financial Services N A acquired a new position in shares of Vertiv in the second quarter worth approximately $32,000. 89.92% of the stock is currently owned by institutional investors.

Vertiv Stock Performance

The stock has a 50 day moving average of $141.77 and a 200 day moving average of $118.45. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $68.86 billion, a price-to-earnings ratio of 86.28, a price-to-earnings-growth ratio of 1.51 and a beta of 1.84.

Vertiv (NYSE:VRT) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.12. The company had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.36 billion. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The firm’s quarterly revenue was up 35.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were paid a $0.0375 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.15 annualized dividend and a yield of 0.1%. Vertiv’s payout ratio is 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.