Vertiv (NYSE:VRT) Issues Quarterly Earnings Results

Key Points

• Vertiv reported earnings of $0.95 per share for the quarter, exceeding the analysts' estimate of $0.83, along with a year-over-year revenue increase of 35.1%.
• The company's dividend increased from $0.01 to $0.0375 per share, representing a yield of 0.14% with a payout ratio of 8.72%.
• Vertiv's stock price rose 1.3% after the earnings announcement, bringing its value to $144.55, with significant trading volume of nearly 18 million shares.

Vertiv (NYSE:VRT - Get Free Report) posted its earnings results on Wednesday. The company reported $0.95 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.12, Zacks reports. Vertiv had a return on equity of 56.01% and a net margin of 7.92%. The company had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter last year, the firm earned $0.67 earnings per share. The company's revenue was up 35.1% on a year-over-year basis. Vertiv updated its Q3 2025 guidance to 0.940-1.000 EPS.

Vertiv Stock Up 1.3%

Shares of VRT stock traded up $1.85 on Wednesday, hitting $144.55. The stock had a trading volume of 17,906,998 shares, compared to its average volume of 9,524,223. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.72 and a quick ratio of 1.28. The business has a 50 day moving average of $120.06 and a 200 day moving average of $104.35. Vertiv has a 12-month low of $53.60 and a 12-month high of $155.84. The stock has a market cap of $55.09 billion, a price-to-earnings ratio of 84.04, a price-to-earnings-growth ratio of 1.42 and a beta of 1.75.

Vertiv Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 26th. Shareholders of record on Tuesday, June 17th were issued a dividend of $0.0375 per share. This represents a yield of 0.14%. This is an increase from Vertiv's previous dividend of $0.01. The ex-dividend date was Monday, June 16th. Vertiv's payout ratio is currently 8.72%.

Analyst Ratings Changes

A number of research firms have issued reports on VRT. UBS Group reissued a "buy" rating on shares of Vertiv in a report on Friday, July 11th. Melius Research upgraded Vertiv from a "hold" rating to a "strong-buy" rating and upped their target price for the company from $134.00 to $165.00 in a research report on Tuesday, July 8th. Cowen restated a "buy" rating on shares of Vertiv in a research report on Thursday, April 24th. Wolfe Research restated an "outperform" rating and issued a $155.00 target price on shares of Vertiv in a research report on Thursday, July 10th. Finally, KGI Securities assumed coverage on Vertiv in a research report on Thursday, April 24th. They issued a "hold" rating on the stock. Three equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $137.89.

Insider Transactions at Vertiv

In other Vertiv news, insider Karsten Winther sold 5,500 shares of the business's stock in a transaction on Friday, May 9th. The stock was sold at an average price of $94.33, for a total value of $518,815.00. Following the transaction, the insider owned 18,847 shares of the company's stock, valued at approximately $1,777,837.51. The trade was a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Stephen Liang sold 43,683 shares of the business's stock in a transaction dated Friday, June 6th. The stock was sold at an average price of $115.83, for a total transaction of $5,059,801.89. Following the completion of the transaction, the executive vice president directly owned 9,551 shares in the company, valued at $1,106,292.33. This trade represents a 82.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 5.01% of the company's stock.

Institutional Investors Weigh In On Vertiv

A hedge fund recently raised its stake in Vertiv stock. Empowered Funds LLC grew its holdings in shares of Vertiv Holdings Co. (NYSE:VRT - Free Report) by 25.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,557 shares of the company's stock after acquiring an additional 2,377 shares during the quarter. Empowered Funds LLC's holdings in Vertiv were worth $834,000 at the end of the most recent quarter. 89.92% of the stock is owned by institutional investors and hedge funds.

About Vertiv

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

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