Vertiv (NYSE:VRT) Stock Price Up 6.1% – Here’s Why

Vertiv Holdings Co. (NYSE:VRT)’s stock price traded up 6.1% on Wednesday . The stock traded as high as $329.70 and last traded at $318.0040. 6,143,896 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 6,860,110 shares. The stock had previously closed at $299.60.

Analysts Set New Price Targets

Several research analysts have commented on VRT shares. Bank of America boosted their target price on Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a research note on Friday, May 15th. HSBC began coverage on shares of Vertiv in a research note on Wednesday, March 25th. They issued a “buy” rating and a $325.00 price target on the stock. Sanford C. Bernstein started coverage on shares of Vertiv in a report on Tuesday, June 9th. They set an “outperform” rating and a $416.00 price target on the stock. BNP Paribas Exane started coverage on shares of Vertiv in a report on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price target on the stock. Finally, Weiss Ratings cut shares of Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Vertiv currently has an average rating of “Moderate Buy” and an average target price of $326.39.

Vertiv Price Performance

The company has a 50 day moving average price of $320.50 and a 200-day moving average price of $248.93. The company has a market cap of $128.10 billion, a price-to-earnings ratio of 83.79, a P/E/G ratio of 1.37 and a beta of 2.03. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping the consensus estimate of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The business had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. During the same period last year, the company earned $0.64 EPS. The firm’s revenue was up 30.1% compared to the same quarter last year. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. As a group, equities research analysts predict that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Monday, June 15th. Vertiv’s payout ratio is 6.28%.

Institutional Trading of Vertiv

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vermillion & White Wealth Management Group LLC grew its position in shares of Vertiv by 58.3% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after buying an additional 56 shares during the last quarter. Sankala Group LLC bought a new position in shares of Vertiv during the fourth quarter worth about $27,000. Meeder Asset Management Inc. raised its position in shares of Vertiv by 211.3% during the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after acquiring an additional 112 shares during the last quarter. Rossby Financial LCC acquired a new position in shares of Vertiv in the fourth quarter worth approximately $27,000. Finally, Park Place Capital Corp lifted its stake in shares of Vertiv by 624.0% in the fourth quarter. Park Place Capital Corp now owns 181 shares of the company’s stock worth $29,000 after acquiring an additional 156 shares during the period. 89.92% of the stock is currently owned by institutional investors and hedge funds.

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.