Vertiv (NYSE:VRT) Stock Rating Raised to Strong-Buy at BMO Capital Markets

Key Points

• BMO Capital Markets upgraded Vertiv to “strong buy,” adding to a broadly positive analyst outlook. The stock has a consensus “moderate buy” rating and an average price target of $355.96.
• Vertiv opened at $253.43, with a market capitalization of approximately $97.57 billion. Its shares have traded between $147.82 and $379.93 over the past year and carry a high beta of 2.05.
• The company reported quarterly EPS of $1.52, beating estimates by $0.09, while revenue rose 24.1% year over year to $3.27 billion. Institutional investors and hedge funds own approximately 89.92% of the stock, while a director recently sold shares under a pre-arranged trading plan.

Vertiv (NYSE:VRT - Get Free Report) was upgraded by research analysts at BMO Capital Markets to a "strong-buy" rating in a report released on Sunday, Zacks reports.

A number of other equities analysts have also commented on the stock. Evercore set a $375.00 price objective on shares of Vertiv in a research note on Wednesday, July 29th. KeyCorp cut their target price on shares of Vertiv from $360.00 to $325.00 and set an "overweight" rating on the stock in a research note on Thursday, July 30th. Wall Street Zen upgraded Vertiv from a "hold" rating to a "buy" rating in a report on Saturday, September 19th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Vertiv in a research report on Monday, September 28th. Finally, Royal Bank Of Canada lowered their price target on Vertiv from $418.00 to $337.00 and set an "outperform" rating on the stock in a report on Thursday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $355.96.

Vertiv Trading Up 0.5%

NYSE:VRT opened at $253.43 on Friday. The stock has a fifty day simple moving average of $260.00 and a 200 day simple moving average of $290.71. The firm has a market capitalization of $97.57 billion, a price-to-earnings ratio of 57.34, a price-to-earnings-growth ratio of 0.94 and a beta of 2.05. Vertiv has a 1-year low of $147.82 and a 1-year high of $379.93. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62.

Vertiv (NYSE:VRT - Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.43 by $0.09. The company had revenue of $3.27 billion during 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 revenue for the quarter was up 24.1% on a year-over-year basis. During the same period last year, the company posted $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. Sell-side analysts forecast that Vertiv will post 6.73 earnings per share for the current year.

Insider Activity

In other Vertiv 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 transaction of $3,880,146.34. Following the completion of the sale, the director owned 16,500 shares of the company's stock, valued at $4,188,030. This trade represents a 48.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On Vertiv

Hedge funds have recently modified their holdings of the stock. Eastern Bank raised its holdings in shares of Vertiv by 3.7% during the third quarter. Eastern Bank now owns 6,665 shares of the company's stock worth $1,608,000 after acquiring an additional 238 shares in the last quarter. Rockland Trust Co. grew its stake in Vertiv by 8.1% in the third quarter. Rockland Trust Co. now owns 2,549 shares of the company's stock valued at $615,000 after purchasing an additional 191 shares in the last quarter. Polaris Financial Partners acquired a new position in Vertiv in the 3rd quarter worth about $4,227,000. CX Institutional increased its position in Vertiv by 750.0% in the 3rd quarter. CX Institutional now owns 527 shares of the company's stock worth $127,000 after purchasing an additional 465 shares during the last quarter. Finally, Burkett Financial Services LLC purchased a new stake in shares of Vertiv during the 3rd quarter worth about $35,000. 89.92% of the stock is owned by institutional investors and hedge funds.

About Vertiv

Vertiv Holdings Co provides digital infrastructure and continuity solutions for data centers, communication networks, and other technology-intensive facilities. The company helps customers design, build, operate, and maintain infrastructure that supports the availability, performance, and efficiency of critical digital systems.

Its product portfolio includes power management and distribution equipment, uninterruptible power supplies, switchgear, busways, racks, integrated modular systems, and data center infrastructure.

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