Shares of Vertiv Holdings Co. (NYSE:VRT – Get Free Report) traded up 4.5% on Tuesday . The company traded as high as $284.68 and last traded at $282.1520. 3,674,267 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 6,799,693 shares. The stock had previously closed at $270.10.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on the company. Evercore set a $375.00 target price on Vertiv in a research report on Wednesday, July 29th. JPMorgan Chase & Co. raised their price objective on Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Barclays lifted their price objective on shares of Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Vertiv in a research note on Tuesday, July 21st. Finally, Roth Capital reiterated a “buy” rating and issued a $355.00 target price on shares of Vertiv in a report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $348.54.
Get Our Latest Research Report on Vertiv
Vertiv Stock Performance
Vertiv (NYSE:VRT – Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. The company had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The business’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.95 EPS. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. As a group, equities research analysts forecast that Vertiv Holdings Co. will post 6.7 earnings per share for the current year.
Vertiv Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a $0.0625 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s payout ratio is currently 5.66%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the stock. Sachetta LLC raised its holdings in shares of Vertiv by 41.4% in the 1st quarter. Sachetta LLC now owns 123 shares of the company’s stock worth $31,000 after purchasing an additional 36 shares during the period. Cornerstone Planning Group LLC grew its holdings in Vertiv by 60.5% during the first quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock valued at $33,000 after purchasing an additional 49 shares during the period. GoalVest Advisory LLC grew its holdings in Vertiv by 87.3% during the second quarter. GoalVest Advisory LLC now owns 148 shares of the company’s stock valued at $50,000 after purchasing an additional 69 shares during the period. Vermillion & White Wealth Management Group LLC increased its position in Vertiv by 58.3% in the fourth 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 last quarter. Finally, Center for Financial Planning Inc. raised its stake in shares of Vertiv by 554.2% in the first quarter. Center for Financial Planning Inc. now owns 157 shares of the company’s stock valued at $39,000 after buying an additional 133 shares during the period. 89.92% of the stock is owned by institutional investors.
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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