Vertiv (NYSE:VRT) Shares Up 1.8% – Here’s What Happened

Vertiv Holdings Co. (NYSE:VRT) shares traded up 1.8% during mid-day trading on Thursday . The company traded as high as $338.88 and last traded at $323.4150. 3,929,284 shares were traded during trading, a decline of 43% from the average session volume of 6,938,372 shares. The stock had previously closed at $317.81.

Wall Street Analyst Weigh In

Several brokerages have weighed in on VRT. TD Cowen upped their target price on Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Evercore reiterated an “outperform” rating and set a $425.00 price target on shares of Vertiv in a report on Tuesday, May 12th. Roth Capital reissued a “buy” rating and issued a $355.00 price target on shares of Vertiv in a research note on Thursday, May 21st. Oppenheimer increased their price objective on Vertiv from $330.00 to $353.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Finally, JPMorgan Chase & Co. increased their price objective on Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $333.73.

Vertiv Trading Up 1.8%

The company has a fifty day simple moving average of $324.03 and a two-hundred day simple moving average of $263.22. The company has a market capitalization of $124.23 billion, a P/E ratio of 81.26, a price-to-earnings-growth ratio of 1.32 and a beta of 2.03. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15.

Vertiv (NYSE:VRT) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.17. The company 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 revenue was up 30.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.64 EPS. 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 6.38 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a dividend of $0.0625 per share. The ex-dividend date of this dividend was 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 presently 6.28%.

Hedge Funds Weigh In On Vertiv

Institutional investors have recently modified their holdings of the company. Empowered Funds LLC lifted its stake in shares of Vertiv by 25.9% in the first quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock worth $834,000 after buying an additional 2,377 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Vertiv during the 2nd quarter worth $567,000. Cary Street Partners Financial LLC grew its stake in Vertiv by 19.8% in the 2nd quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock valued at $178,000 after buying an additional 230 shares during the last quarter. Bank of Nova Scotia grew its stake in Vertiv by 49.7% in the 2nd quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock valued at $3,755,000 after buying an additional 9,712 shares during the last quarter. Finally, Ossiam bought a new position in Vertiv in the 2nd quarter worth $50,000. Institutional investors own 89.92% of the company’s stock.

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.