Vertiv (NYSE:VRT) Upgraded at KeyCorp

KeyCorp upgraded shares of Vertiv (NYSE:VRT) to a strong-buy rating in a report published on Wednesday,Zacks.com reports.

Several other research firms have also recently commented on VRT. Bank of America increased their price objective on Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Glj Research upgraded shares of Vertiv from a “sell” rating to a “hold” rating in a research note on Thursday, June 18th. Roth Capital reaffirmed a “buy” rating and set a $355.00 price target on shares of Vertiv in a report on Thursday, May 21st. Mizuho set a $380.00 price target on shares of Vertiv in a research note on Thursday, May 21st. Finally, Sanford C. Bernstein initiated coverage on shares of Vertiv in a report on Tuesday, June 9th. They set an “outperform” rating and a $416.00 price objective for the company. Four analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $343.48.

Vertiv Stock Performance

VRT stock opened at $290.29 on Wednesday. The stock’s 50 day simple moving average is $313.24 and its 200 day simple moving average is $274.03. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69. Vertiv has a 12-month low of $118.70 and a 12-month high of $379.93. The stock has a market capitalization of $111.50 billion, a PE ratio of 72.94, a price-to-earnings-growth ratio of 1.31 and a beta of 2.03.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The business had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. During the same quarter last year, the company earned $0.64 EPS. The company’s quarterly revenue was up 30.1% compared to the same quarter last year. As a group, research analysts forecast that Vertiv will post 6.38 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were given a dividend of $0.0625 per share. The ex-dividend date was Monday, June 15th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s payout ratio is 6.28%.

Institutional Trading of Vertiv

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vermillion & White Wealth Management Group LLC lifted its holdings in Vertiv by 58.3% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after purchasing an additional 56 shares in the last quarter. Sankala Group LLC bought a new position in Vertiv in the 4th quarter worth approximately $27,000. Meeder Asset Management Inc. grew its holdings in Vertiv by 211.3% during the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after buying an additional 112 shares in the last quarter. Rossby Financial LCC purchased a new stake in Vertiv during the 4th quarter valued at approximately $27,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in shares of Vertiv during the fourth quarter valued at approximately $29,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

More Vertiv News

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: KeyCorp upgraded Vertiv to “strong-buy”, a vote of confidence that signals analysts see more upside in the stock. Zacks.com
• Positive Sentiment: Vertiv is being highlighted as a leading AI infrastructure play, with Zacks arguing investors may prefer infrastructure names like VRT over AI chips and mega-cap tech for exposure to the AI boom. Article Title
• Positive Sentiment: Investors are anticipating Vertiv’s upcoming Q2 earnings, with expectations for strong revenue and EPS growth driven by AI-related demand, partnerships, and expansion efforts. Article Title
• Positive Sentiment: Vertiv announced it is expanding manufacturing and testing capacity at its Tognana campus near Padua, which could help it meet growing demand and support future sales. Article Title
• Positive Sentiment: The company also announced a deployment supporting the Naval Postgraduate School’s NVIDIA DGX GB300 system, showcasing Vertiv’s integrated power, liquid cooling, rack infrastructure, and installation services for high-density AI systems. Article Title
• Neutral Sentiment: Recent articles note that Vertiv’s rally has cooled after a big run-up, with the stock pulling back from prior gains; this suggests some profit-taking, though the longer-term growth story remains intact. Article Title
• Negative Sentiment: One recent note said Vertiv dipped more than the broader market in the latest session, reflecting short-term volatility despite the strong fundamental backdrop. Article Title

About Vertiv

Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.

The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.