Vertiv (NYSE:VRT) Shares Up 9.6% After Dividend Announcement

Vertiv Holdings Co. (NYSE:VRT)’s share price traded up 9.6% on Monday after the company announced a dividend. The stock traded as high as $266.67 and last traded at $264.8740. 20,255,153 shares were traded during mid-day trading, an increase of 219% from the average session volume of 6,347,213 shares. The stock had previously closed at $241.78.

The newly announced dividend which will be paid on Thursday, March 26th. Stockholders of record on Tuesday, March 17th will be issued a $0.0625 dividend. The ex-dividend date is Tuesday, March 17th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s payout ratio is 7.33%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on VRT shares. TD Cowen restated a “buy” rating on shares of Vertiv in a research report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $281.00 price target on shares of Vertiv in a research report on Thursday, February 12th. The Goldman Sachs Group boosted their price objective on Vertiv from $204.00 to $277.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Oppenheimer restated an “outperform” rating and set a $270.00 price objective on shares of Vertiv in a research report on Thursday, February 12th. Finally, Wolfe Research cut Vertiv from an “outperform” rating to a “peer perform” rating in a report on Tuesday, December 9th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $230.28.

Vertiv Stock Up 9.6%

The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.22 and a current ratio of 1.55. The company’s fifty day moving average price is $203.27 and its 200-day moving average price is $176.10. The stock has a market cap of $101.34 billion, a P/E ratio of 77.68, a price-to-earnings-growth ratio of 1.22 and a beta of 2.02.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, February 11th. The company reported $1.36 EPS for the quarter, beating the consensus estimate of $1.29 by $0.07. The company had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.89 billion. Vertiv had a net margin of 13.03% and a return on equity of 49.55%. The firm’s revenue was up 22.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.99 EPS. Vertiv has set its Q1 2026 guidance at 0.950-1.010 EPS and its FY 2026 guidance at 5.970-6.070 EPS. Equities analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Insider Transactions at Vertiv

In related news, Chairman David M. Cote sold 40,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $255.29, for a total transaction of $10,211,600.00. Following the completion of the sale, the chairman directly owned 22,258 shares of the company’s stock, valued at approximately $5,682,244.82. This trade represents a 64.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jan Van Dokkum sold 38,647 shares of the business’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $254.87, for a total value of $9,849,960.89. Following the transaction, the director owned 25,000 shares of the company’s stock, valued at approximately $6,371,750. The trade was a 60.72% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 412,467 shares of company stock valued at $104,381,911. Company insiders own 2.63% of the company’s stock.

Hedge Funds Weigh In On Vertiv

Institutional investors have recently modified their holdings of the stock. Financial Management Professionals Inc. increased its holdings in Vertiv by 1,560.0% during the 3rd quarter. Financial Management Professionals Inc. now owns 166 shares of the company’s stock worth $25,000 after purchasing an additional 156 shares during the period. Vermillion & White Wealth Management Group LLC lifted its holdings in shares of 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 buying an additional 56 shares during the period. Promus Capital LLC bought a new position in shares of Vertiv during the 2nd quarter worth $26,000. Pacer Advisors Inc. increased its stake in shares of Vertiv by 67.6% during the third quarter. Pacer Advisors Inc. now owns 171 shares of the company’s stock valued at $26,000 after buying an additional 69 shares during the period. Finally, Sankala Group LLC bought a new stake in shares of Vertiv in the fourth quarter valued at about $27,000. 89.92% of the stock is owned by hedge funds and other institutional investors.

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.