Vertiv (NYSE:VRT) Sets New 12-Month High – Still a Buy?

Vertiv Holdings Co. (NYSE:VRT) reached a new 52-week high on Tuesday . The stock traded as high as $194.00 and last traded at $193.00, with a volume of 6663256 shares trading hands. The stock had previously closed at $186.06.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Roth Capital reissued a “buy” rating and set a $195.00 price target (up from $162.00) on shares of Vertiv in a report on Tuesday, October 21st. Wolfe Research reissued an “outperform” rating and set a $155.00 price target on shares of Vertiv in a report on Thursday, July 10th. Zacks Research cut Vertiv from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 2nd. Royal Bank Of Canada increased their price target on Vertiv from $191.00 to $196.00 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Finally, Evercore ISI increased their price target on Vertiv from $180.00 to $200.00 and gave the company an “outperform” rating in a report on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Vertiv presently has a consensus rating of “Moderate Buy” and an average target price of $177.81.

Vertiv Trading Up 3.7%

The stock has a fifty day moving average of $148.45 and a 200 day moving average of $125.35. The company has a market capitalization of $73.70 billion, a P/E ratio of 72.83, a PEG ratio of 1.51 and a beta of 1.84. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.43 and a current ratio of 1.83.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.25. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The company had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.59 billion. During the same period last year, the firm earned $0.76 EPS. Vertiv’s revenue for the quarter was up 29.0% compared to the same quarter last year. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. As a group, equities research analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were paid a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv’s dividend payout ratio is presently 5.66%.

Insiders Place Their Bets

In other Vertiv news, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction on Monday, September 8th. The stock was sold at an average price of $123.92, for a total value of $1,943,065.60. Following the completion of the sale, the director owned 4,631 shares in the company, valued at approximately $573,873.52. This represents a 77.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Karsten Winther sold 41,654 shares of the stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $134.21, for a total value of $5,590,383.34. Following the completion of the sale, the insider owned 18,848 shares of the company’s stock, valued at $2,529,590.08. The trade was a 68.85% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 180,952 shares of company stock worth $23,360,571. 5.01% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Vertiv

Institutional investors have recently bought and sold shares of the business. Financial Management Professionals Inc. increased its stake in Vertiv by 1,560.0% in the 3rd 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 purchased a new position in shares of Vertiv during the first quarter valued at about $26,000. Promus Capital LLC purchased a new position in shares of Vertiv during the second quarter valued at about $26,000. Pacer Advisors Inc. grew its position in shares of Vertiv by 67.6% during 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 in the last quarter. Finally, SouthState Corp purchased a new position in shares of Vertiv during the first quarter valued at about $27,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

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.