Vertiv (NYSE:VRT) Rating Increased to Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded Vertiv to “buy” from “hold,” while analysts overall maintain a “Moderate Buy” consensus with an average price target of $357.83.
• Vertiv reported quarterly EPS of $1.52, beating estimates of $1.43, while revenue rose 24.1% year over year to $3.27 billion, below the $3.38 billion consensus estimate.
• Vertiv shares opened at $248.81, with a market capitalization of $95.79 billion; institutional investors own approximately 89.92% of the company, while a director recently sold 15,287 shares under a pre-arranged trading plan.

Vertiv (NYSE:VRT - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued on Saturday, Wall Street Zen reports.

VRT has been the topic of a number of other reports. Zacks Research downgraded shares of Vertiv from a "strong-buy" rating to a "hold" rating in a report on Monday, August 31st. Citigroup cut their price target on Vertiv from $414.00 to $358.00 and set a "buy" rating for the company in a research note on Thursday, July 30th. UBS Group reissued a "buy" rating and issued a $370.00 price objective on shares of Vertiv in a report on Thursday, July 30th. Glj Research upgraded Vertiv from a "hold" rating to a "buy" rating and set a $381.00 price objective on the stock in a research note on Friday, August 7th. Finally, KeyCorp dropped their price objective on shares of Vertiv from $360.00 to $325.00 and set an "overweight" rating on the stock in a report on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Vertiv has a consensus rating of "Moderate Buy" and a consensus target price of $357.83.

Vertiv Stock Performance

NYSE VRT opened at $248.81 on Friday. The company has a market cap of $95.79 billion, a P/E ratio of 56.29, a PEG ratio of 0.99 and a beta of 2.07. The company has a fifty day simple moving average of $270.75 and a 200 day simple moving average of $291.22. Vertiv has a 12-month low of $133.85 and a 12-month high of $379.93. The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62.

Vertiv (NYSE:VRT - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping analysts' consensus estimates of $1.43 by $0.09. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The firm had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.38 billion. The company's revenue for the quarter was up 24.1% on a year-over-year basis. During the same period in the previous year, the company 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. Sell-side analysts predict that Vertiv will post 6.72 earnings per share for the current fiscal year.

Insider Buying and Selling at Vertiv

In other news, Director Edward Monser sold 15,287 shares of the stock in a transaction dated 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 sale, the director directly owned 16,500 shares of the company's stock, valued at approximately $4,188,030. This represents a 48.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed 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 corporate insiders.

Institutional Trading of Vertiv

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Lingotto Investment Management LLP purchased a new position in shares of Vertiv in the fourth quarter valued at $2,641,000. Norges Bank purchased a new position in Vertiv during the 4th quarter valued at about $808,701,000. Sterling Investment Advisors Ltd. raised its position in Vertiv by 26.1% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company's stock worth $3,641,000 after acquiring an additional 4,645 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. acquired a new position in Vertiv during the fourth quarter worth about $2,197,000. Finally, Ritholtz Wealth Management lifted its holdings in shares of Vertiv by 137.5% in the first quarter. Ritholtz Wealth Management now owns 7,238 shares of the company's stock valued at $1,814,000 after purchasing an additional 4,190 shares in the last quarter. Institutional investors own 89.92% of the company's stock.

About Vertiv

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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