Vertiv (NYSE:VRT) Stock Price Up 2.2% – Time to Buy?

Vertiv Holdings Co. (NYSE:VRTGet Free Report) shares shot up 2.2% during mid-day trading on Wednesday . The company traded as high as $244.76 and last traded at $239.8040. Approximately 5,475,305 shares were traded during trading, a decline of 16% from the average session volume of 6,547,877 shares. The stock had previously closed at $234.61.

Wall Street Analysts Forecast Growth

VRT has been the topic of several research analyst reports. Oppenheimer restated an “outperform” rating and issued a $325.00 price objective on shares of Vertiv in a research report on Thursday, July 30th. Sanford C. Bernstein reiterated an “outperform” rating and set a $368.00 target price on shares of Vertiv in a research report on Friday, July 31st. Piper Sandler set a $375.00 price target on shares of Vertiv in a research note on Wednesday, July 29th. TD Cowen increased their price target on shares of Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Finally, Glj Research upgraded shares of Vertiv from a “hold” rating to a “buy” rating and set a $381.00 price objective on the stock in a research report on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $357.83.

Read Our Latest Stock Analysis on Vertiv

Vertiv Stock Up 2.2%

The stock has a 50-day moving average of $275.35 and a two-hundred day moving average of $291.75. The company has a market cap of $92.32 billion, a P/E ratio of 54.25, a P/E/G ratio of 0.97 and a beta of 2.07. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.38.

Vertiv (NYSE:VRTGet Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.09. The business had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The business’s quarterly revenue was up 24.1% on a year-over-year basis. During the same period last year, the business earned $0.95 earnings per share. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. On average, research analysts anticipate that Vertiv Holdings Co. will post 6.72 EPS for the current fiscal year.

Vertiv Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Monday, September 14th will be issued a dividend of $0.0625 per share. The ex-dividend date of this dividend is Monday, September 14th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is currently 5.66%.

Insider Buying and Selling

In related news, Director Edward Monser sold 15,287 shares of Vertiv stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total value of $3,880,146.34. Following the transaction, the director owned 16,500 shares in the company, valued at $4,188,030. This trade represents a 48.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Geode Capital Management LLC boosted its holdings in Vertiv by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock valued at $1,141,723,000 after acquiring an additional 143,821 shares during the period. Norges Bank purchased a new position in Vertiv in the 4th quarter worth approximately $808,701,000. Wellington Management Group LLP lifted its position in Vertiv by 14.1% in the second quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company’s stock valued at $1,270,428,000 after purchasing an additional 468,380 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Vertiv by 1.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,709,276 shares of the company’s stock valued at $678,890,000 after purchasing an additional 51,328 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Vertiv by 33.7% during the first quarter. Bank of New York Mellon Corp now owns 2,410,642 shares of the company’s stock valued at $604,059,000 after purchasing an additional 608,176 shares during the period. 89.92% of the stock is owned by institutional investors.

About Vertiv

(Get Free Report)

Vertiv Holdings Co (NYSE: VRT) designs, manufactures and services critical digital infrastructure that helps data centers, communications networks and other facilities operate reliably and efficiently. Its solutions support the availability, performance and growth of information technology systems.

The company’s products and services include power management and distribution equipment, uninterruptible power supplies, thermal management and cooling systems, racks and integrated infrastructure, monitoring and management software, and lifecycle services.

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