Vertiv (NYSE:VRT) Reaches New 52-Week High - Here's What Happened

Key Points

• Vertiv Holdings Co. reached a new 52-week high with shares trading at $184.44, reflecting a significant increase from its previous close of $169.01.
• Analysts have updated their ratings with the majority indicating a Moderate Buy, and price targets ranging from $155 to $192, signaling strong market confidence in Vertiv's growth potential.
• The company recently reported better-than-expected earnings of $0.95 per share for the last quarter, surpassing estimates and indicating a year-over-year revenue increase of 35.1%.

Shares of Vertiv Holdings Co. (NYSE:VRT - Get Free Report) hit a new 52-week high on Monday . The company traded as high as $184.44 and last traded at $180.78, with a volume of 6491767 shares trading hands. The stock had previously closed at $169.01.

Analysts Set New Price Targets

Several brokerages recently commented on VRT. Roth Capital reiterated a "buy" rating and set a $162.00 price target on shares of Vertiv in a research report on Thursday, September 25th. Melius raised shares of Vertiv from a "hold" rating to a "buy" rating and set a $165.00 price target for the company in a research report on Tuesday, July 8th. Wolfe Research restated an "outperform" rating and issued a $155.00 price objective on shares of Vertiv in a research note on Thursday, July 10th. Evercore ISI upped their target price on Vertiv from $165.00 to $180.00 and gave the company an "outperform" rating in a research note on Monday, October 6th. Finally, Citigroup lifted their price objective on Vertiv from $167.00 to $192.00 and gave the company a "buy" rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $149.84.

Vertiv Stock Up 7.0%

The business has a 50 day moving average price of $139.45 and a 200 day moving average price of $116.89. The firm has a market capitalization of $69.03 billion, a P/E ratio of 86.45, a price-to-earnings-growth ratio of 1.48 and a beta of 1.84. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35.

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

Vertiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were given a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv's dividend payout ratio is presently 7.18%.

Insiders Place Their Bets

In other Vertiv news, insider Paul Ryan sold 22,218 shares of the stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total value of $2,829,240.12. Following the completion of the transaction, the insider directly owned 12,803 shares in the company, valued at approximately $1,630,334.02. This trade represents a 63.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Karsten Winther sold 41,654 shares of the firm's stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $134.21, for a total value of $5,590,383.34. Following the sale, the insider directly owned 18,848 shares of the company's stock, valued at $2,529,590.08. This represents a 68.85% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 180,952 shares of company stock valued at $23,360,571 in the last quarter. Corporate insiders own 2.63% of the company's stock.

Hedge Funds Weigh In On Vertiv

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VRT. GW&K Investment Management LLC purchased a new position in shares of Vertiv during the first quarter valued at about $26,000. Promus Capital LLC purchased a new stake in shares of Vertiv during the second quarter worth about $26,000. SouthState Corp bought a new position in Vertiv during the first quarter valued at approximately $27,000. Avion Wealth lifted its stake in shares of Vertiv by 99.1% in the 2nd quarter. Avion Wealth now owns 213 shares of the company's stock valued at $27,000 after purchasing an additional 106 shares during the last quarter. Finally, North Star Investment Management Corp. lifted its stake in shares of Vertiv by 4,120.0% during the 1st quarter. North Star Investment Management Corp. now owns 422 shares of the company's stock worth $30,000 after acquiring an additional 412 shares during the last quarter. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

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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