Vertiv (NYSE:VRT) Price Target Raised to $206.00

Key Points

• JPMorgan Chase & Co. has raised its target price for Vertiv (NYSE:VRT) from $150.00 to $206.00, indicating a potential upside of 14.36% from its previous closing price.
• Vertiv reported $0.95 EPS for the last quarter, surpassing analyst estimates, with a year-over-year revenue increase of 35.1% to $2.64 billion.
• Insider selling has been notable, with Director Steven Reinemund and another insider offloading significant shares, indicating a decrease in their ownership stakes in the company.

Vertiv (NYSE:VRT - Get Free Report) had its target price hoisted by stock analysts at JPMorgan Chase & Co. from $150.00 to $206.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s target price would indicate a potential upside of 14.36% from the company's previous close.

A number of other research firms have also recently issued reports on VRT. UBS Group increased their target price on Vertiv from $135.00 to $173.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Rothschild & Co Redburn initiated coverage on Vertiv in a research note on Wednesday, August 20th. They issued a "neutral" rating and a $135.00 price target for the company. Morgan Stanley restated an "overweight" rating on shares of Vertiv in a report on Sunday, August 10th. Bank of America boosted their price target on Vertiv from $140.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, July 17th. Finally, Wall Street Zen raised Vertiv from a "buy" rating to a "strong-buy" rating in a research report on Saturday, June 21st. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Vertiv presently has a consensus rating of "Moderate Buy" and a consensus target price of $157.90.

Vertiv Stock Performance

NYSE:VRT traded up $4.98 during trading hours on Wednesday, hitting $180.13. 1,128,254 shares of the company traded hands, compared to its average volume of 8,829,834. The stock has a market capitalization of $68.79 billion, a price-to-earnings ratio of 86.70, a P/E/G ratio of 1.57 and a beta of 1.84. Vertiv has a twelve month low of $53.60 and a twelve month high of $184.44. The firm has a 50-day moving average of $140.96 and a 200 day moving average of $118.02. The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93.

Vertiv (NYSE:VRT - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.12. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The firm had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same quarter in the previous year, the firm posted $0.67 EPS. The business's revenue for the quarter was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, analysts forecast that Vertiv will post 3.59 EPS for the current year.

Insider Buying and Selling

In other news, Director Steven Reinemund sold 100,000 shares of the company's stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total value of $12,822,000.00. Following the completion of the transaction, the director owned 133,333 shares of the company's stock, valued at $17,095,957.26. This represents a 42.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Paul Ryan sold 22,218 shares of the stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total value of $2,829,240.12. Following the transaction, the insider directly owned 12,803 shares of the company's stock, valued at approximately $1,630,334.02. The trade was a 63.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 180,952 shares of company stock worth $23,360,571. Corporate insiders own 5.01% of the company's stock.

Institutional Trading of Vertiv

A number of institutional investors have recently made changes to their positions in the business. GW&K Investment Management LLC purchased a new position in shares of Vertiv during the 1st quarter valued at about $26,000. Promus Capital LLC purchased a new stake in Vertiv in the second quarter valued at approximately $26,000. SouthState Corp purchased a new stake in shares of Vertiv during the first quarter worth $27,000. Avion Wealth increased its holdings in Vertiv by 99.1% in the second quarter. Avion Wealth now owns 213 shares of the company's stock valued at $27,000 after buying an additional 106 shares during the last quarter. Finally, Sachetta LLC increased its holdings in Vertiv by 242.0% in the first quarter. Sachetta LLC now owns 448 shares of the company's stock valued at $32,000 after buying an additional 317 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company's stock.

Vertiv Company Profile

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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