Vertiv (NYSE:VRT) Trading Up 3.7% Following Analyst Upgrade

Vertiv Holdings Co. (NYSE:VRT)’s stock price rose 3.7% during trading on Monday after Weiss Ratings upgraded the stock from a hold (c+) rating to a buy (b-) rating. The company traded as high as $194.00 and last traded at $193.00. Approximately 6,405,454 shares traded hands during mid-day trading, a decline of 28% from the average daily volume of 8,852,876 shares. The stock had previously closed at $186.06.

Other research analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft set a $216.00 price target on Vertiv and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Evercore ISI boosted their target price on shares of Vertiv from $180.00 to $200.00 and gave the stock an “outperform” rating in a report on Monday, October 20th. Mizuho boosted their target price on shares of Vertiv from $165.00 to $198.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. TD Cowen boosted their target price on shares of Vertiv from $162.00 to $210.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Finally, Bank of America boosted their price objective on shares of Vertiv from $140.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, July 17th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Vertiv currently has a consensus rating of “Moderate Buy” and a consensus target price of $177.81.

Insider Activity at Vertiv

In other Vertiv news, insider Karsten Winther sold 41,654 shares of the company’s stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the transaction, the insider owned 18,848 shares in the company, valued at approximately $2,529,590.08. This represents a 68.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Steven Reinemund sold 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the transaction, the director owned 133,333 shares in the company, valued at $17,095,957.26. The trade was a 42.86% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 180,952 shares of company stock worth $23,360,571. 5.01% of the stock is owned by insiders.

Hedge Funds Weigh In On Vertiv

Several hedge funds have recently made changes to their positions in the company. Investors Asset Management of Georgia Inc. GA ADV increased its position in shares of Vertiv by 1.9% in the 3rd quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 3,020 shares of the company’s stock valued at $456,000 after acquiring an additional 55 shares during the period. JBR Co Financial Management Inc increased its holdings in shares of Vertiv by 0.8% in the third quarter. JBR Co Financial Management Inc now owns 7,825 shares of the company’s stock valued at $1,180,000 after purchasing an additional 65 shares during the period. Plancorp LLC increased its holdings in shares of Vertiv by 1.3% in the third quarter. Plancorp LLC now owns 5,317 shares of the company’s stock valued at $802,000 after purchasing an additional 67 shares during the period. True Wealth Design LLC increased its holdings in shares of Vertiv by 54.0% in the third quarter. True Wealth Design LLC now owns 194 shares of the company’s stock valued at $29,000 after purchasing an additional 68 shares during the period. Finally, Pacer Advisors Inc. increased its holdings in shares of Vertiv by 67.6% in the third quarter. Pacer Advisors Inc. now owns 171 shares of the company’s stock valued at $26,000 after purchasing an additional 69 shares during the period. 89.92% of the stock is owned by institutional investors and hedge funds.

Vertiv Stock Up 3.7%

The business has a fifty day moving average price of $148.45 and a two-hundred day moving average price of $125.35. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.83 and a quick ratio of 1.43. The firm has a market capitalization of $73.70 billion, a price-to-earnings ratio of 72.83, a price-to-earnings-growth ratio of 1.51 and a beta of 1.84.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.25. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The company had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.59 billion. During the same quarter in the prior year, the company earned $0.76 EPS. Vertiv’s quarterly revenue was up 29.0% on a year-over-year basis. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. On average, equities analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were paid a $0.0375 dividend. 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 presently 5.66%.

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.