Vertiv (NYSE:VRT) Trading 1.3% Higher – Time to Buy?

Vertiv Holdings Co. (NYSE:VRT)’s stock price was up 1.3% on Tuesday . The company traded as high as $255.40 and last traded at $254.2410. 3,511,856 shares changed hands during trading, a decline of 46% from the average session volume of 6,520,133 shares. The stock had previously closed at $250.86.

Wall Street Analyst Weigh In

Several research analysts recently commented on VRT shares. UBS Group reaffirmed a “buy” rating and issued a $370.00 target price on shares of Vertiv in a research note on Thursday, July 30th. Citigroup dropped their price target on shares of Vertiv from $414.00 to $358.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. KeyCorp cut their price target on shares of Vertiv from $360.00 to $325.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Zacks Research cut shares of Vertiv from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 31st. Finally, Robert W. Baird set a $320.00 price objective on shares of Vertiv in a research note on Thursday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Vertiv presently has an average rating of “Moderate Buy” and an average price target of $357.83.

Vertiv Stock Performance

The business has a fifty day moving average of $269.66 and a 200 day moving average of $291.51. The company has a market cap of $97.88 billion, a P/E ratio of 57.52, a P/E/G ratio of 1.02 and a beta of 2.07. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $3.38 billion. During the same period last year, the business posted $0.95 earnings per share. Vertiv’s quarterly 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. On average, equities analysts predict that Vertiv Holdings Co. will post 6.72 EPS for the current year.

Vertiv Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Monday, September 14th will be issued a $0.0625 dividend. The ex-dividend date of this dividend is Monday, September 14th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is presently 5.66%.

Insider Buying and Selling

In other news, Director Edward Monser sold 15,287 shares of Vertiv stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total value of $3,880,146.34. Following the completion of the sale, the director directly owned 16,500 shares in the company, valued at $4,188,030. The trade was a 48.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Vertiv

Institutional investors have recently made changes to their positions in the business. State Street Corp grew its position in shares of Vertiv by 4.5% during the second quarter. State Street Corp now owns 16,531,530 shares of the company’s stock worth $5,535,087,000 after purchasing an additional 704,970 shares in the last quarter. Wellington Management Group LLP grew its holdings in Vertiv by 14.1% during the 2nd quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company’s stock valued at $1,270,428,000 after buying an additional 468,380 shares in the last quarter. Geode Capital Management LLC grew its holdings in Vertiv by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock valued at $1,141,723,000 after buying an additional 143,821 shares in the last quarter. Norges Bank bought a new stake in shares of Vertiv during the fourth quarter valued at approximately $808,701,000. Finally, Legal & General Group Plc lifted its holdings in shares of Vertiv by 1.1% in the second quarter. Legal & General Group Plc now owns 2,138,967 shares of the company’s stock worth $716,169,000 after buying an additional 23,444 shares in the last quarter. Institutional investors own 89.92% of the company’s stock.

About Vertiv

Vertiv Holdings Co (NYSE: VRT) designs, manufactures and services critical digital infrastructure that helps data centers, communications networks and other facilities operate reliably and efficiently. Its solutions support the availability, performance and growth of information technology systems.

The company’s products and services include power management and distribution equipment, uninterruptible power supplies, thermal management and cooling systems, racks and integrated infrastructure, monitoring and management software, and lifecycle services.