Vertiv (NYSE:VRT) Stock Price Expected to Rise, Morgan Stanley Analyst Says

Vertiv (NYSE:VRT) had its target price upped by analysts at Morgan Stanley from $165.00 to $200.00 in a report released on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Morgan Stanley’s price target suggests a potential upside of 16.78% from the stock’s current price.

Other equities research analysts have also issued research reports about the stock. Bank of America boosted their price target on shares of Vertiv from $140.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, July 17th. Cfra Research upgraded shares of Vertiv to a “moderate buy” rating in a report on Tuesday, October 7th. Melius Research upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating and boosted their price objective for the stock from $134.00 to $165.00 in a research note on Tuesday, July 8th. Roth Capital reiterated a “buy” rating and set a $195.00 price objective (up previously from $162.00) on shares of Vertiv in a research note on Tuesday. Finally, UBS Group boosted their price objective on shares of Vertiv from $135.00 to $173.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $166.70.

Vertiv Trading Down 2.0%

Shares of VRT opened at $171.27 on Thursday. Vertiv has a 1-year low of $53.60 and a 1-year high of $184.50. The company has a 50-day moving average of $145.24 and a 200 day moving average of $122.05. The firm has a market capitalization of $65.40 billion, a price-to-earnings ratio of 81.95, a PEG ratio of 1.50 and a beta of 1.84. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 by $0.25. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The company had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.59 billion. During the same quarter last year, the business posted $0.76 EPS. The firm’s revenue for the quarter 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, research analysts expect that Vertiv will post 3.59 EPS for the current year.

Insider Buying and Selling at Vertiv

In other news, insider Karsten Winther sold 41,654 shares of the company’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 $2,529,590.08. This represents a 68.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Steven Reinemund sold 100,000 shares of the company’s stock in a transaction 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 completion of the sale, the director directly owned 133,333 shares in the company, valued at $17,095,957.26. This trade represents a 42.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 180,952 shares of company stock valued at $23,360,571 over the last quarter. Insiders own 2.63% of the company’s stock.

Institutional Trading of Vertiv

Hedge funds have recently added to or reduced their stakes in the company. Financial Management Professionals Inc. boosted its holdings in Vertiv by 1,560.0% during the third quarter. Financial Management Professionals Inc. now owns 166 shares of the company’s stock worth $25,000 after buying an additional 156 shares in the last quarter. GW&K Investment Management LLC acquired a new position in Vertiv during the first quarter worth $26,000. Promus Capital LLC acquired a new stake in shares of Vertiv in the second quarter valued at about $26,000. Pacer Advisors Inc. raised its position 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 buying an additional 69 shares during the last quarter. Finally, SouthState Corp acquired a new stake in Vertiv during the first quarter worth about $27,000. 89.92% of the stock is owned by hedge funds and other institutional investors.

About Vertiv

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.