Shares of Vertiv Holdings Co. (NYSE:VRT – Get Free Report) traded up 1.2% during trading on Thursday . The company traded as high as $264.95 and last traded at $264.25. 5,168,658 shares traded hands during mid-day trading, a decline of 23% from the average session volume of 6,695,334 shares. The stock had previously closed at $261.00.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on VRT shares. Royal Bank Of Canada lowered their target price on Vertiv from $418.00 to $337.00 and set an “outperform” rating for the company in a research note on Thursday, July 30th. Citigroup reduced their price target on Vertiv from $414.00 to $358.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Morgan Stanley raised their price objective on Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd. TD Cowen lifted their price objective on Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Finally, Barclays upped their target price on Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $357.83.
Get Our Latest Stock Analysis on VRT
Vertiv Trading Up 1.2%
Vertiv (NYSE:VRT – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.09. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The business had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same period in the prior year, the company posted $0.95 EPS. The business’s revenue was up 24.1% compared to the same quarter last year. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. As a group, sell-side analysts forecast that Vertiv Holdings Co. will post 6.7 EPS for the current year.
Vertiv Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were issued a dividend of $0.0625 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is 5.66%.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in VRT. Lingotto Investment Management LLP acquired a new position in shares of Vertiv in the 4th quarter worth $2,641,000. Norges Bank purchased a new stake in Vertiv during the fourth quarter valued at about $808,701,000. Sterling Investment Advisors Ltd. raised its holdings in shares of Vertiv by 26.1% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock valued at $3,641,000 after acquiring an additional 4,645 shares during the period. Dymon Asia Capital Singapore PTE. LTD. acquired a new position in Vertiv in the 4th quarter worth approximately $2,197,000. Finally, WD Rutherford LLC grew its position in Vertiv by 80.7% during the 4th quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock worth $2,443,000 after purchasing an additional 6,734 shares in the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.
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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