Morgan Stanley Forecasts Strong Price Appreciation for Vertiv (NYSE:VRT) Stock

Vertiv (NYSE:VRT) had its price target upped by Morgan Stanley from $165.00 to $200.00 in a research note issued to investors on Thursday, MarketBeat Ratings reports. The firm presently has an “overweight” rating on the stock. Morgan Stanley’s price target points to a potential upside of 7.60% from the stock’s previous close.

VRT has been the subject of several other reports. Bank of America lifted their price objective on Vertiv from $140.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, July 17th. Deutsche Bank Aktiengesellschaft set a $216.00 price objective on Vertiv and gave the company a “buy” rating in a report on Wednesday, October 15th. Rothschild & Co Redburn started coverage on Vertiv in a report on Wednesday, August 20th. They issued a “neutral” rating and a $135.00 price objective for the company. Rothschild Redb raised Vertiv to a “hold” rating in a report on Wednesday, August 20th. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $155.00 price objective on shares of Vertiv in a report on Thursday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $177.81.

Vertiv Stock Performance

NYSE:VRT opened at $185.87 on Thursday. The stock has a market cap of $70.98 billion, a P/E ratio of 70.14, a PEG ratio of 1.47 and a beta of 1.84. The company has a current ratio of 1.83, a quick ratio of 1.35 and a debt-to-equity ratio of 0.83. The stock has a 50 day simple moving average of $147.30 and a 200 day simple moving average of $123.72. Vertiv has a 1-year low of $53.60 and a 1-year high of $188.89.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.25. The firm had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.59 billion. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The company’s quarterly revenue was up 29.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.76 EPS. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. Research analysts anticipate that Vertiv will post 3.59 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Karsten Winther sold 41,654 shares of the business’s stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the completion of the transaction, the insider owned 18,848 shares of the company’s stock, valued at approximately $2,529,590.08. The trade was a 68.85% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Steven Reinemund sold 100,000 shares of the business’s stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total value of $12,822,000.00. Following the transaction, the director directly owned 133,333 shares of the company’s stock, valued at $17,095,957.26. This trade represents a 42.86% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 180,952 shares of company stock worth $23,360,571 over the last 90 days. Corporate insiders own 2.63% of the company’s stock.

Hedge Funds Weigh In On Vertiv

Institutional investors and hedge funds have recently bought and sold shares of the company. FengHe Fund Management Pte. Ltd. acquired a new position in Vertiv in the 1st quarter worth about $33,389,000. Nordea Investment Management AB increased its holdings in Vertiv by 100.1% in the 2nd quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock worth $415,132,000 after purchasing an additional 1,624,456 shares in the last quarter. Fox Run Management L.L.C. increased its holdings in Vertiv by 449.9% in the 1st quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company’s stock worth $1,556,000 after purchasing an additional 17,627 shares in the last quarter. Trilogy Capital Inc. acquired a new position in Vertiv in the 2nd quarter worth about $2,790,000. Finally, Maxi Investments CY Ltd increased its holdings in Vertiv by 160.3% in the 1st quarter. Maxi Investments CY Ltd now owns 26,025 shares of the company’s stock worth $1,879,000 after purchasing an additional 16,025 shares in the last quarter. Institutional investors and hedge funds 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.