Vertiv (NYSE:VRT) Price Target Raised to $210.00 at TD Cowen

Key Points

• TD Cowen has raised the target price for Vertiv from $162.00 to $210.00, indicating a potential upside of 15.92% from the current stock price.
• Vertiv reported earnings of $1.24 EPS for the quarter, exceeding estimates by $0.25 and marking a 29.0% increase in revenue year-over-year.
• Increasing institutional interest is evident as hedge funds have recently boosted their positions in Vertiv, with 89.92% of the stock currently owned by institutional investors.

Vertiv (NYSE:VRT - Get Free Report) had its target price raised by TD Cowen from $162.00 to $210.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a "buy" rating on the stock. TD Cowen's price target indicates a potential upside of 15.92% from the stock's current price.

Other equities research analysts also recently issued reports about the stock. Melius upgraded shares of Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price objective for the company in a research report on Tuesday, July 8th. Roth Capital restated a "buy" rating and set a $195.00 price objective (up from $162.00) on shares of Vertiv in a research report on Tuesday. Zacks Research cut shares of Vertiv from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 2nd. Redburn Atlantic raised shares of Vertiv to a "hold" rating in a report on Wednesday, August 20th. Finally, The Goldman Sachs Group set a $182.00 target price on shares of Vertiv in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $177.52.

Vertiv Stock Performance

NYSE:VRT traded up $9.56 during mid-day trading on Thursday, hitting $181.15. The stock had a trading volume of 5,012,428 shares, compared to its average volume of 8,849,827. Vertiv has a twelve month low of $53.60 and a twelve month high of $184.50. The stock has a market cap of $69.18 billion, a price-to-earnings ratio of 86.49, a PEG ratio of 1.50 and a beta of 1.84. The company's 50 day simple moving average is $145.24 and its 200 day simple moving average is $122.05. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74.

Vertiv (NYSE:VRT - Get Free Report) last issued its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.25. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The business had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.59 billion. During the same period last year, the business posted $0.76 EPS. Vertiv's revenue was up 29.0% on a year-over-year basis. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. On average, equities research analysts forecast that Vertiv will post 3.59 earnings per share for the current year.

Insider Activity at Vertiv

In other Vertiv news, Director Jakki L. Haussler sold 15,680 shares of the firm's stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $123.92, for a total value of $1,943,065.60. Following the sale, the director owned 4,631 shares in the company, valued at $573,873.52. This trade represents a 77.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Paul Ryan sold 22,218 shares of the firm's stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the completion of the sale, the insider owned 12,803 shares in the company, valued at $1,630,334.02. This represents a 63.44% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 180,952 shares of company stock worth $23,360,571. Corporate insiders own 2.63% of the company's stock.

Hedge Funds Weigh In On Vertiv

A number of hedge funds have recently made changes to their positions in the stock. Spire Wealth Management raised its position in shares of Vertiv by 110.1% during the third quarter. Spire Wealth Management now owns 7,878 shares of the company's stock worth $1,188,000 after acquiring an additional 4,128 shares during the last quarter. Strategic Blueprint LLC lifted its holdings in Vertiv by 1.3% in the third quarter. Strategic Blueprint LLC now owns 53,559 shares of the company's stock valued at $8,080,000 after buying an additional 678 shares during the period. Park Avenue Securities LLC lifted its holdings in Vertiv by 56.7% in the third quarter. Park Avenue Securities LLC now owns 19,868 shares of the company's stock valued at $2,997,000 after buying an additional 7,191 shares during the period. KLP Kapitalforvaltning AS lifted its holdings in Vertiv by 5.5% in the third quarter. KLP Kapitalforvaltning AS now owns 143,100 shares of the company's stock valued at $21,588,000 after buying an additional 7,400 shares during the period. Finally, Cerity Partners LLC lifted its holdings in Vertiv by 23.0% in the third quarter. Cerity Partners LLC now owns 108,969 shares of the company's stock valued at $16,439,000 after buying an additional 20,410 shares during the period. 89.92% of the stock is currently owned by institutional investors.

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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