Vertiv (NYSE:VRT) Shares Up 3.3% - Here's What Happened

Key Points

• Vertiv shares rose 3.3% to $264.17 in midday trading, although volume was 42% below the average session level.
• Analysts remain bullish, with the stock carrying a consensus “Buy” rating and an average price target of $357.83; several firms recently raised their targets.
• Vertiv exceeded quarterly EPS expectations with $1.52 versus $1.43, while revenue increased 24.1% year over year to $3.27 billion. The company also issued 2026 EPS guidance of $6.65–$6.75 and maintains a small quarterly dividend.

Vertiv Holdings Co. (NYSE:VRT - Get Free Report)'s stock price rose 3.3% on Wednesday . The stock traded as high as $265.78 and last traded at $264.17. Approximately 3,827,447 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 6,625,514 shares. The stock had previously closed at $255.75.

Analyst Ratings Changes

VRT has been the topic of several analyst reports. UBS Group reiterated a "buy" rating and set a $370.00 target price on shares of Vertiv in a research report on Thursday, July 30th. Bank of America upped their price target on Vertiv from $370.00 to $440.00 and gave the stock a "buy" rating in a research report on Friday, May 15th. Barclays raised their price objective on Vertiv from $345.00 to $412.00 and gave the stock an "overweight" rating in a research note on Friday, May 15th. Zacks Research raised Vertiv from a "hold" rating to a "strong-buy" rating in a research report on Friday, July 31st. Finally, TD Cowen boosted their price objective on Vertiv from $347.00 to $387.00 and gave the company a "buy" rating in a research note on Wednesday, May 20th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Vertiv currently has an average rating of "Buy" and a consensus price target of $357.83.

Vertiv Price Performance

The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.38. The company has a market cap of $101.70 billion, a P/E ratio of 59.77, a P/E/G ratio of 1.05 and a beta of 2.06. The firm's fifty day moving average is $292.63 and its two-hundred day moving average is $288.52.

Vertiv (NYSE:VRT - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.43 by $0.09. The business had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The company's revenue was up 24.1% on a year-over-year basis. During the same period last year, the firm 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, analysts anticipate that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were given a dividend of $0.0625 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv's payout ratio is currently 5.66%.

Institutional Trading of Vertiv

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Empowered Funds LLC grew its position in Vertiv by 25.9% in the 1st quarter. Empowered Funds LLC now owns 11,557 shares of the company's stock valued at $834,000 after acquiring an additional 2,377 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Vertiv during the second quarter worth $567,000. Cary Street Partners Financial LLC lifted its position in shares of Vertiv by 19.8% during the second quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company's stock worth $178,000 after purchasing an additional 230 shares during the last quarter. Bank of Nova Scotia boosted its stake in shares of Vertiv by 49.7% during the second quarter. Bank of Nova Scotia now owns 29,239 shares of the company's stock valued at $3,755,000 after purchasing an additional 9,712 shares during the period. Finally, Ossiam purchased a new stake in shares of Vertiv during the second quarter valued at $50,000. 89.92% of the stock is owned by hedge funds and other institutional investors.

About Vertiv

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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