Vertiv (NYSE:VRT) Trading 1.8% Higher – Here’s What Happened

Vertiv Holdings Co. (NYSE:VRT)’s stock price rose 1.8% on Friday . The stock traded as high as $164.77 and last traded at $163.6370. Approximately 5,652,307 shares traded hands during mid-day trading, a decline of 14% from the average daily volume of 6,593,312 shares. The stock had previously closed at $160.78.

Analyst Ratings Changes

Several research firms have recently issued reports on VRT. Roth Capital restated a “buy” rating and set a $195.00 target price (up from $162.00) on shares of Vertiv in a research report on Tuesday, October 21st. Zacks Research upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a report on Friday, October 31st. Wolfe Research downgraded shares of Vertiv from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, December 9th. JPMorgan Chase & Co. lifted their price target on shares of Vertiv from $150.00 to $206.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Finally, Cowen restated a “buy” rating and issued a $211.00 price objective on shares of Vertiv in a research report on Monday, December 1st. Two analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $181.38.

Vertiv Price Performance

The company’s fifty day moving average price is $172.10 and its two-hundred day moving average price is $152.82. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83. The company has a market cap of $62.56 billion, a price-to-earnings ratio of 61.75, a PEG ratio of 1.09 and a beta of 2.06.

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

Vertiv Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Tuesday, November 25th were issued a dividend of $0.0625 per share. The ex-dividend date was Tuesday, November 25th. This is a boost from Vertiv’s previous quarterly dividend of $0.04. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.2%. Vertiv’s dividend payout ratio is 9.43%.

Insiders Place Their Bets

In related news, EVP Stephen Liang sold 5,501 shares of the firm’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $170.48, for a total value of $937,810.48. Following the completion of the transaction, the executive vice president owned 4,050 shares of the company’s stock, valued at approximately $690,444. This trade represents a 57.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.63% of the company’s stock.

Hedge Funds Weigh In On Vertiv

Large investors have recently modified their holdings of the business. Howard Capital Management Inc. increased its position in shares of Vertiv by 3.0% in the third quarter. Howard Capital Management Inc. now owns 1,837 shares of the company’s stock valued at $277,000 after acquiring an additional 54 shares during the last quarter. Investors Asset Management of Georgia Inc. GA ADV increased its position in shares of Vertiv by 1.9% during the 3rd quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 3,020 shares of the company’s stock worth $456,000 after purchasing an additional 55 shares during the last quarter. Ancora Advisors LLC raised its stake in shares of Vertiv by 0.4% during the 3rd quarter. Ancora Advisors LLC now owns 15,923 shares of the company’s stock worth $2,402,000 after purchasing an additional 64 shares in the last quarter. JBR Co Financial Management Inc boosted its holdings in shares of Vertiv by 0.8% in the 3rd quarter. JBR Co Financial Management Inc now owns 7,825 shares of the company’s stock valued at $1,180,000 after buying an additional 65 shares during the last quarter. Finally, Brown Brothers Harriman & Co. grew its stake in shares of Vertiv by 37.8% in the third quarter. Brown Brothers Harriman & Co. now owns 237 shares of the company’s stock valued at $36,000 after buying an additional 65 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

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.