Vertiv (NYSE:VRT) Shares Up 9% – Here’s What Happened

Vertiv Holdings Co. (NYSE:VRT)’s share price rose 9% on Tuesday . The stock traded as high as $337.23 and last traded at $334.6630. 6,586,019 shares were traded during mid-day trading, a decline of 6% from the average daily volume of 7,003,816 shares. The stock had previously closed at $306.97.

Analysts Set New Price Targets

VRT has been the subject of several analyst reports. Zacks Research cut Vertiv from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Weiss Ratings cut Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Barclays lifted their target price on Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Wall Street Zen cut Vertiv from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. Finally, Citigroup raised their price target on Vertiv from $353.00 to $414.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, Vertiv currently has a consensus rating of “Moderate Buy” and an average target price of $326.39.

Vertiv Price Performance

The stock has a market capitalization of $128.55 billion, a price-to-earnings ratio of 84.09, a P/E/G ratio of 1.32 and a beta of 2.04. The company’s 50-day simple moving average is $324.38 and its 200-day simple moving average is $255.89. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15.

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

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were issued a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, June 15th. Vertiv’s dividend payout ratio is currently 6.28%.

Institutional Investors Weigh In On Vertiv

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Sachetta LLC increased its position in Vertiv by 41.4% during the first quarter. Sachetta LLC now owns 123 shares of the company’s stock worth $31,000 after acquiring an additional 36 shares during the period. Cornerstone Planning Group LLC boosted its holdings in Vertiv by 60.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock valued at $33,000 after purchasing an additional 49 shares during the period. Vermillion & White Wealth Management Group LLC boosted its holdings in 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 purchasing an additional 56 shares during the period. Center for Financial Planning Inc. grew its position in shares of Vertiv by 554.2% during the 1st quarter. Center for Financial Planning Inc. now owns 157 shares of the company’s stock worth $39,000 after purchasing an additional 133 shares in the last quarter. Finally, Ravenstone Capital Management Inc. acquired a new position in shares of Vertiv during the 1st quarter worth approximately $40,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

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.