Vertiv (NYSE:VRT) Trading 1.1% Higher Following Analyst Upgrade

Key Points

• Vertiv Holdings Co. shares increased by 1.1% after Evercore ISI raised its price target from $180.00 to $200.00, maintaining an outperform rating on the stock.
• Institutional investors currently hold 89.92% of Vertiv's stock, with Financial Management Professionals Inc. boosting its stake by 1,560.0% in the most recent quarter.
• Vertiv reported a Q2 earnings per share of $0.95, exceeding estimates and reflecting a 35.1% year-over-year revenue growth.

Vertiv Holdings Co. (NYSE:VRT - Get Free Report)'s share price was up 1.1% during trading on Monday after Evercore ISI raised their price target on the stock from $180.00 to $200.00. Evercore ISI currently has an outperform rating on the stock. Vertiv traded as high as $179.79 and last traded at $175.90. Approximately 6,625,897 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 8,808,857 shares. The stock had previously closed at $174.00.

Several other equities analysts also recently weighed in on the stock. William Blair started coverage on shares of Vertiv in a report on Monday, July 28th. They issued an "outperform" rating on the stock. Deutsche Bank Aktiengesellschaft set a $216.00 price target on shares of Vertiv and gave the stock a "buy" rating in a report on Wednesday, October 15th. JPMorgan Chase & Co. increased their price target on shares of Vertiv from $150.00 to $206.00 and gave the stock an "overweight" rating in a report on Wednesday, October 15th. UBS Group increased their price target on shares of Vertiv from $135.00 to $173.00 and gave the stock a "buy" rating in a report on Thursday, July 31st. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of Vertiv in a report on Sunday, August 10th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Vertiv currently has a consensus rating of "Moderate Buy" and an average target price of $161.30.

Insider Activity at Vertiv

In related news, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $134.21, for a total value of $5,590,383.34. Following the sale, the insider owned 18,848 shares of the company's stock, valued at approximately $2,529,590.08. This trade represents a 68.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Steven Reinemund sold 100,000 shares of Vertiv stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the completion of the sale, the director directly owned 133,333 shares in the company, valued at $17,095,957.26. This represents a 42.86% decrease in their position. 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 90 days. 5.01% of the stock is owned by insiders.

Institutional Investors Weigh In On Vertiv

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Financial Management Professionals Inc. boosted its stake in 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 purchasing an additional 156 shares during the last quarter. GW&K Investment Management LLC purchased a new position in shares of Vertiv during the 1st quarter worth $26,000. Promus Capital LLC purchased a new position in shares of Vertiv during the 2nd quarter worth $26,000. Pacer Advisors Inc. raised its holdings in shares of Vertiv by 67.6% during the 3rd quarter. Pacer Advisors Inc. now owns 171 shares of the company's stock worth $26,000 after acquiring an additional 69 shares during the period. Finally, SouthState Corp purchased a new position in shares of Vertiv during the 1st quarter worth $27,000. Institutional investors and hedge funds own 89.92% of the company's stock.

Vertiv Stock Performance

The company has a current ratio of 1.74, a quick ratio of 1.35 and a debt-to-equity ratio of 0.93. The firm has a fifty day moving average price of $143.22 and a 200 day moving average price of $120.52. The firm has a market cap of $67.17 billion, a PE ratio of 84.16, a price-to-earnings-growth ratio of 1.50 and a beta of 1.84.

Vertiv (NYSE:VRT - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.83 by $0.12. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The business 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 earned $0.67 EPS. The company's quarterly revenue was up 35.1% compared to the same quarter last year. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, equities research analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv's payout ratio is 7.18%.

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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