Vertiv (NYSE:VRT) Stock Price Up 2.7% – Here’s What Happened

Vertiv Holdings Co. (NYSE:VRT) traded up 2.7% during mid-day trading on Tuesday . The stock traded as high as $276.52 and last traded at $270.12. 5,780,349 shares were traded during mid-day trading, a decline of 16% from the average session volume of 6,888,331 shares. The stock had previously closed at $263.05.

Wall Street Analyst Weigh In

A number of analysts have commented on VRT shares. Glj Research raised Vertiv from a “sell” rating to a “hold” rating in a research report on Thursday, June 18th. Piper Sandler set a $375.00 price objective on Vertiv in a report on Wednesday, July 29th. Citigroup decreased their target price on Vertiv from $414.00 to $358.00 and set a “buy” rating for the company in a report on Thursday, July 30th. JPMorgan Chase & Co. upped their target price on Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Finally, Loop Capital started coverage on shares of Vertiv in a report on Thursday, May 14th. They issued a “buy” rating and a $500.00 price target on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $337.33.

Vertiv Price Performance

The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. The stock has a fifty day simple moving average of $302.45 and a 200-day simple moving average of $279.69. The company has a market capitalization of $105.74 billion, a price-to-earnings ratio of 62.28, a P/E/G ratio of 1.11 and a beta of 2.06.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The business had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same quarter last year, the company earned $0.95 EPS. The business’s revenue was up 24.1% on a year-over-year basis. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. On average, equities research analysts anticipate that Vertiv Holdings Co. will post 6.7 EPS for the current 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. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s payout ratio is presently 5.66%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Vermillion & White Wealth Management Group LLC raised 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 worth $25,000 after purchasing an additional 56 shares during the period. Sankala Group LLC purchased a new stake in shares of Vertiv in the fourth quarter valued at approximately $27,000. Meeder Asset Management Inc. raised its stake in shares of Vertiv by 211.3% during the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after buying an additional 112 shares during the period. Rossby Financial LCC purchased a new position in shares of Vertiv during the 4th quarter valued at approximately $27,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Vertiv during the 4th quarter valued at approximately $29,000. 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.