Vertiv (NYSE:VRT) Trading Up 2.2% - Here's What Happened

Key Points

• Vertiv shares rose 2.2% to about $269.68, though trading volume was 31% below the average daily level.
• Analyst sentiment remains positive, with an average “Buy” rating and a consensus price target of $357.83; recent targets range from $325 to $412.
• Vertiv beat quarterly EPS estimates, reporting $1.52 versus the $1.43 consensus, while revenue increased 24.1% year over year to $3.27 billion. Institutional investors own approximately 89.9% of the company.

Vertiv Holdings Co. (NYSE:VRT - Get Free Report) shot up 2.2% on Thursday . The company traded as high as $274.76 and last traded at $269.6820. 4,585,609 shares were traded during trading, a decline of 31% from the average daily volume of 6,613,669 shares. The stock had previously closed at $263.81.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Fox Advisors upgraded shares of Vertiv from a "hold" rating to a "strong-buy" rating in a report on Thursday, May 21st. KeyCorp lowered their target price on shares of Vertiv from $360.00 to $325.00 and set an "overweight" rating for the company in a research note on Thursday, July 30th. Barclays boosted their price target on shares of Vertiv from $345.00 to $412.00 and gave the company an "overweight" rating in a research note on Friday, May 15th. UBS Group restated a "buy" rating and set a $370.00 target price on shares of Vertiv in a report on Thursday, July 30th. Finally, Wall Street Zen lowered shares of Vertiv from a "strong-buy" rating to a "buy" rating in a research note on Saturday, June 20th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Vertiv presently has an average rating of "Buy" and an average target price of $357.83.

Vertiv Stock Up 2.2%

The business has a 50-day simple moving average of $291.56 and a 200-day simple moving average of $289.13. 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 $103.82 billion, a price-to-earnings ratio of 61.01, a price-to-earnings-growth ratio of 1.05 and a beta of 2.06.

Vertiv (NYSE:VRT - Get Free Report) last announced its quarterly earnings results 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 firm had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The firm's quarterly revenue was up 24.1% compared to the same quarter last year. During the same period in the prior 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. On average, equities analysts anticipate that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

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

Hedge Funds Weigh In On Vertiv

Several institutional investors have recently added to or reduced their stakes in the stock. California State Teachers Retirement System increased its holdings in Vertiv by 33,242.5% in the second quarter. California State Teachers Retirement System now owns 185,501,329 shares of the company's stock valued at $62,109,555,000 after buying an additional 184,944,978 shares in the last quarter. Norges Bank acquired a new position in Vertiv during the fourth quarter worth about $808,701,000. Marshall Wace LLP lifted its holdings in shares of Vertiv by 265.6% in the fourth quarter. Marshall Wace LLP now owns 2,670,007 shares of the company's stock valued at $432,568,000 after purchasing an additional 1,939,749 shares in the last quarter. Jupiter Topco LLC purchased a new position in shares of Vertiv during the 2nd quarter worth approximately $441,083,000. Finally, Alkeon Capital Management LLC lifted its stake in shares of Vertiv by 178.2% during the fourth quarter. Alkeon Capital Management LLC now owns 2,003,110 shares of the company's stock valued at $324,524,000 after buying an additional 1,283,110 shares during the period. Institutional investors and hedge funds 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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