Vertiv (NYSE:VRT) Stock Rating Upgraded by Weiss Ratings

Key Points

• Vertiv's stock rating has been upgraded from "hold (c+)" to "buy (b-)" by Weiss Ratings, indicating increased confidence from analysts.
• Several equities analysts have set target prices for Vertiv between $165.00 and $216.00, suggesting a positive market outlook for the company's shares.
• Vertiv reported a 29% increase in revenue year-over-year, with earnings per share of $1.24, exceeding analysts' expectations of $0.99.

Vertiv (NYSE:VRT - Get Free Report) was upgraded by stock analysts at Weiss Ratings from a "hold (c+)" rating to a "buy (b-)" rating in a note issued to investors on Friday,Weiss Ratings reports.

Several other equities analysts have also recently issued reports on VRT. Deutsche Bank Aktiengesellschaft set a $216.00 target price on shares of Vertiv and gave the company a "buy" rating in a research note on Wednesday, October 15th. Melius upgraded shares of Vertiv from a "hold" rating to a "buy" rating and set a $165.00 target price for the company in a research note on Tuesday, July 8th. Cowen set a $210.00 price target on shares of Vertiv in a report on Thursday. Barclays upped their target price on shares of Vertiv from $145.00 to $170.00 and gave the stock an "equal weight" rating in a report on Thursday. Finally, Morgan Stanley boosted their price target on shares of Vertiv from $165.00 to $200.00 and gave the company an "overweight" rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Vertiv has a consensus rating of "Moderate Buy" and a consensus price target of $177.81.

Vertiv Stock Performance

NYSE VRT traded up $3.49 on Friday, hitting $186.69. 4,755,343 shares of the company's stock traded hands, compared to its average volume of 8,856,240. 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 has a 1-year low of $53.60 and a 1-year high of $188.89. The firm's 50-day moving average price is $146.24 and its two-hundred day moving average price is $122.87. The firm has a market capitalization of $71.29 billion, a PE ratio of 70.46, a P/E/G ratio of 1.38 and a beta of 1.84.

Vertiv (NYSE:VRT - Get Free Report) last posted 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 10.67% and a return on equity of 54.37%. The firm had revenue of $2.68 billion during the quarter, compared to analysts' expectations of $2.59 billion. During the same period in the previous year, the business posted $0.76 EPS. The business's revenue was up 29.0% compared to the same quarter last year. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. As a group, analysts expect that Vertiv will post 3.59 EPS for the current year.

Insider Buying and Selling at Vertiv

In related news, Director Jakki L. Haussler sold 15,680 shares of the company'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 transaction of $1,943,065.60. Following the sale, the director directly owned 4,631 shares in the company, valued at approximately $573,873.52. This represents a 77.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the sale, the insider owned 18,848 shares in the company, valued at $2,529,590.08. This represents a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 180,952 shares of company stock worth $23,360,571 over the last ninety days. Company insiders own 2.63% of the company's stock.

Institutional Trading of Vertiv

A number of institutional investors have recently added to or reduced their stakes in the stock. Financial Management Professionals Inc. boosted its stake in shares of Vertiv by 1,560.0% during the 3rd quarter. Financial Management Professionals Inc. now owns 166 shares of the company's stock worth $25,000 after acquiring an additional 156 shares in the last quarter. GW&K Investment Management LLC acquired a new position in Vertiv during the first quarter worth $26,000. Promus Capital LLC acquired a new position in Vertiv during the second quarter worth $26,000. Pacer Advisors Inc. boosted its position in Vertiv by 67.6% during the third quarter. Pacer Advisors Inc. now owns 171 shares of the company's stock worth $26,000 after purchasing an additional 69 shares in the last quarter. Finally, SouthState Corp acquired a new stake in Vertiv in the first quarter valued at $27,000. Hedge funds and other institutional investors own 89.92% of the company's stock.

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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