Vertiv Holdings Co. (NYSE:VRT – Get Free Report)’s share price rose 5% during mid-day trading on Thursday . The stock traded as high as $337.79 and last traded at $333.4870. 7,215,539 shares were traded during trading, an increase of 5% from the average daily volume of 6,863,336 shares. The stock had previously closed at $317.58.
Analyst Ratings Changes
Several equities research analysts have commented on the stock. Weiss Ratings lowered shares of Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, April 24th. BNP Paribas Exane started coverage on Vertiv in a research note on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price objective for the company. Jefferies Financial Group reissued a “hold” rating and issued a $260.00 price objective (down from $280.00) on shares of Vertiv in a report on Tuesday, March 31st. Royal Bank Of Canada upped their target price on Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Finally, TD Cowen raised their target price on Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $326.39.
View Our Latest Stock Report on Vertiv
Vertiv Trading Up 0.1%
Vertiv (NYSE:VRT – Get Free Report) last announced its earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. The business had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The business’s revenue was up 30.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. As a group, equities research analysts anticipate that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal year.
Vertiv Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be paid a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th. Vertiv’s dividend payout ratio is currently 6.28%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in 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 in the last quarter. Sivia Capital Partners LLC acquired a new position in Vertiv during the second quarter worth about $567,000. Cary Street Partners Financial LLC grew its stake in Vertiv by 19.8% during the 2nd quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock valued at $178,000 after acquiring an additional 230 shares in the last quarter. Bank of Nova Scotia grew its stake in Vertiv by 49.7% during the 2nd quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock valued at $3,755,000 after acquiring an additional 9,712 shares in the last quarter. Finally, Ossiam acquired a new stake in Vertiv in the 2nd quarter valued at about $50,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.
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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