Vertiv (NYSE:VRT) Shares Up 1.1% Following Analyst Upgrade

Vertiv Holdings Co. (NYSE:VRT)’s share price was up 1.1% during mid-day trading on Monday after Evercore ISI raised their price target on the stock from $180.00 to $200.00. Evercore ISI currently has an outperform rating on the stock. Vertiv traded as high as $179.79 and last traded at $175.90. Approximately 6,625,897 shares traded hands during trading, a decline of 25% from the average daily volume of 8,808,857 shares. The stock had previously closed at $174.00.

A number of other research firms also recently weighed in on VRT. Citigroup increased their price target on Vertiv from $167.00 to $192.00 and gave the company a “buy” rating in a research note on Thursday, October 9th. Deutsche Bank Aktiengesellschaft set a $216.00 target price on Vertiv and gave the company a “buy” rating in a research note on Wednesday, October 15th. Melius Research upgraded Vertiv from a “hold” rating to a “strong-buy” rating and boosted their target price for the stock from $134.00 to $165.00 in a research report on Tuesday, July 8th. William Blair started coverage on Vertiv in a research note on Monday, July 28th. They issued an “outperform” rating for the company. Finally, JPMorgan Chase & Co. increased their price target on shares of Vertiv from $150.00 to $206.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $161.30.

Insider Activity at Vertiv

In related news, insider Karsten Winther sold 41,654 shares of the business’s stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $134.21, for a total value of $5,590,383.34. Following the sale, the insider directly owned 18,848 shares of the company’s stock, valued at approximately $2,529,590.08. The trade was a 68.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, 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 value of $1,943,065.60. Following the transaction, the director owned 4,631 shares of the company’s stock, valued at approximately $573,873.52. This trade represents a 77.20% decrease in their position. 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.

Hedge Funds Weigh In On Vertiv

A number of large investors have recently bought and sold shares of the company. Seascape Capital Management grew its stake in shares of Vertiv by 6.8% during the 3rd quarter. Seascape Capital Management now owns 29,075 shares of the company’s stock worth $4,386,000 after acquiring an additional 1,858 shares in the last quarter. Balance Wealth LLC acquired a new position in Vertiv during the third quarter worth $307,000. Accurate Wealth Management LLC boosted its holdings in Vertiv by 6.0% during the third quarter. Accurate Wealth Management LLC now owns 2,383 shares of the company’s stock worth $359,000 after purchasing an additional 135 shares during the last quarter. Miracle Mile Advisors LLC bought a new position in Vertiv in the third quarter valued at $263,000. Finally, Allspring Global Investments Holdings LLC increased its stake in Vertiv by 18.5% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 374,537 shares of the company’s stock valued at $60,521,000 after buying an additional 58,480 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Stock Up 1.1%

The firm’s 50-day simple moving average is $143.94 and its 200 day simple moving average is $121.34. 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 stock has a market capitalization of $67.17 billion, a P/E ratio of 84.16, a PEG ratio of 1.50 and a beta of 1.84.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.12. The company 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%.Vertiv’s revenue for the quarter was up 35.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, research analysts expect that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Dividend Announcement

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