Vertiv (NYSE:VRT) Stock Price Up 1.4% - Here's What Happened

Key Points

• Vertiv Holdings Co. (NYSE:VRT) saw its stock price increase by 1.4%, closing at $143.99, while the trading volume was down 29% from its average.
• Analysts have raised their price targets for Vertiv, with Roth Capital setting a new target of $157.00 and other firms affirming "buy" or "outperform" ratings, leading to an average price target of $142.00.
• The company recently reported quarterly earnings of $0.95 per share, exceeding expectations and reflecting a revenue growth of 35.1% year-over-year.

Shares of Vertiv Holdings Co. (NYSE:VRT - Get Free Report) rose 1.4% during trading on Friday . The stock traded as high as $144.49 and last traded at $143.99. Approximately 6,362,718 shares traded hands during mid-day trading, a decline of 29% from the average daily volume of 8,927,699 shares. The stock had previously closed at $141.96.

Wall Street Analysts Forecast Growth

VRT has been the topic of several recent analyst reports. Roth Capital upped their price objective on shares of Vertiv from $100.00 to $157.00 and gave the stock a "buy" rating in a report on Tuesday, July 29th. Bank of America upped their price objective on shares of Vertiv from $140.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday, July 17th. Wolfe Research restated an "outperform" rating and issued a $155.00 price objective on shares of Vertiv in a report on Thursday, July 10th. William Blair assumed coverage on shares of Vertiv in a report on Monday, July 28th. They set an "outperform" rating on the stock. Finally, Oppenheimer increased their target price on shares of Vertiv from $140.00 to $151.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $142.00.

Vertiv Price Performance

The stock's fifty day moving average price is $132.77 and its two-hundred day moving average price is $108.92. The firm has a market capitalization of $54.99 billion, a price-to-earnings ratio of 68.90, a price-to-earnings-growth ratio of 1.21 and a beta of 1.78. 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 data on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, beating analysts' consensus estimates of $0.83 by $0.12. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The business had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same period last year, the business earned $0.67 EPS. The company's revenue was up 35.1% on a year-over-year basis. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. Equities research analysts expect that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Monday, September 15th will be issued a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Monday, September 15th. Vertiv's dividend payout ratio (DPR) is presently 7.18%.

Insider Activity

In other news, Director Steven Reinemund sold 100,000 shares of the firm's stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total value of $12,822,000.00. Following the sale, the director directly owned 133,333 shares in the company, valued at approximately $17,095,957.26. This trade represents a 42.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction on Monday, September 8th. The shares were sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the completion of the transaction, the director directly 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 disclosure for this sale can be found here. Insiders have sold a total of 180,952 shares of company stock valued at $23,360,571 over the last quarter. Company insiders own 2.63% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Ibex Wealth Advisors grew its position in shares of Vertiv by 10.5% in the 1st quarter. Ibex Wealth Advisors now owns 73,739 shares of the company's stock valued at $5,324,000 after buying an additional 6,989 shares during the last quarter. FengHe Fund Management Pte. Ltd. purchased a new position in shares of Vertiv in the 1st quarter valued at $33,389,000. Viking Fund Management LLC grew its position in shares of Vertiv by 123.5% in the 1st quarter. Viking Fund Management LLC now owns 38,000 shares of the company's stock valued at $2,744,000 after buying an additional 21,000 shares during the last quarter. Outlook Wealth Advisors LLC purchased a new position in shares of Vertiv in the 1st quarter valued at $475,000. Finally, Fox Run Management L.L.C. grew its position in shares of Vertiv by 449.9% in the 1st quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company's stock valued at $1,556,000 after buying an additional 17,627 shares during the last quarter. 89.92% of the stock is owned by hedge funds and other 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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