Vertiv Holdings Co. (NYSE:VRT – Get Free Report)’s stock price shot up 7.5% during trading on Monday . The company traded as high as $358.54 and last traded at $357.9250. Approximately 7,226,570 shares were traded during trading, an increase of 5% from the average session volume of 6,863,189 shares. The stock had previously closed at $333.05.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on VRT. JPMorgan Chase & Co. upped their price target on Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Sanford C. Bernstein initiated coverage on Vertiv in a report on Tuesday, June 9th. They issued an “outperform” rating and a $416.00 price objective on the stock. Fox Advisors upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. Citigroup upped their target price on Vertiv from $353.00 to $414.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Finally, Oppenheimer increased their target price on Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Three investment 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 stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $326.39.
View Our Latest Stock Report on Vertiv
Vertiv Trading Up 7.5%
Vertiv (NYSE:VRT – Get Free Report) last released its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $2.63 billion. During the same quarter last year, the business posted $0.64 earnings per share. The business’s quarterly 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 anticipate that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.
Vertiv Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th. Vertiv’s payout ratio is 6.28%.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of VRT. Pacer Advisors Inc. boosted its stake in Vertiv by 108.8% during the first quarter. Pacer Advisors Inc. now owns 34,589 shares of the company’s stock worth $8,667,000 after buying an additional 18,023 shares during the last quarter. Pine Valley Investments Ltd Liability Co acquired a new stake in shares of Vertiv in the 1st quarter worth $2,195,000. DV Trading LLC increased its stake in shares of Vertiv by 127.4% in the 1st quarter. DV Trading LLC now owns 1,321 shares of the company’s stock worth $331,000 after acquiring an additional 740 shares during the last quarter. Parallel Advisors LLC raised its holdings in shares of Vertiv by 18.1% during the 1st quarter. Parallel Advisors LLC now owns 9,564 shares of the company’s stock worth $2,397,000 after acquiring an additional 1,463 shares during the period. Finally, Caerus Investment Advisors LLC raised its holdings in shares of Vertiv by 44.5% during the 1st quarter. Caerus Investment Advisors LLC now owns 3,163 shares of the company’s stock worth $793,000 after acquiring an additional 974 shares during the period. 89.92% of the stock is owned by hedge funds and other institutional investors.
Vertiv Company Profile
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.
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