Vertiv Holdings Co. (NYSE:VRT – Get Free Report) shot up 6.1% during trading on Wednesday . The stock traded as high as $329.70 and last traded at $318.0040. 6,143,896 shares changed hands during mid-day trading, a decline of 10% from the average session volume of 6,860,110 shares. The stock had previously closed at $299.60.
Wall Street Analyst Weigh In
Several brokerages have commented on VRT. Bank of America upped their price objective on shares of Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Zacks Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Wall Street Zen upgraded shares of Vertiv from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. HSBC assumed coverage on shares of Vertiv in a research note on Wednesday, March 25th. They set a “buy” rating and a $325.00 target price on the stock. Finally, Barclays raised their target price on shares of Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $326.39.
Vertiv Stock Performance
Vertiv (NYSE:VRT – Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.17. The firm had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm’s quarterly revenue was up 30.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.64 earnings per share. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. On average, analysts forecast that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.
Vertiv Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be given a $0.0625 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio is currently 6.28%.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the stock. Pine Valley Investments Ltd Liability Co acquired a new position in Vertiv in the 1st quarter valued at $2,195,000. DV Trading LLC increased its stake in shares of Vertiv by 127.4% in the 1st quarter. DV Trading LLC now owns 1,321 shares of the company’s stock worth $331,000 after acquiring an additional 740 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of Vertiv by 18.1% during the 1st quarter. Parallel Advisors LLC now owns 9,564 shares of the company’s stock worth $2,397,000 after purchasing an additional 1,463 shares during the period. Caerus Investment Advisors LLC grew its holdings in shares of Vertiv by 44.5% during the 1st quarter. Caerus Investment Advisors LLC now owns 3,163 shares of the company’s stock worth $793,000 after purchasing an additional 974 shares during the period. Finally, Glenmede Trust Co. NA purchased a new position in shares of Vertiv during the 1st quarter worth $890,000. 89.92% of the stock is owned by institutional investors and hedge funds.
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.
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