Vertiv (NYSE:VRT) Trading Up 1.4% - What's Next?

Key Points

• Vertiv Holdings Co. (NYSE:VRT) saw its stock price increase by 1.4%, closing at $129.72 after reaching a high of $131.17.
• Analysts have raised their price targets for Vertiv, with Mizuho setting a new price objective of $150.00, while Wolfe Research established a target at $155.00, reflecting a bullish outlook on the stock.
• Vertiv recently announced a dividend increase, boosting the payout from $0.01 to $0.0375 per share, which represents a yield of 14.0%.

Vertiv Holdings Co. (NYSE:VRT - Get Free Report)'s share price traded up 1.4% during trading on Wednesday . The stock traded as high as $131.17 and last traded at $129.72. 1,812,533 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 9,107,295 shares. The stock had previously closed at $127.93.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Wall Street Zen upgraded Vertiv from a "buy" rating to a "strong-buy" rating in a research report on Saturday, June 21st. Wolfe Research reaffirmed an "outperform" rating and set a $155.00 target price on shares of Vertiv in a research note on Thursday, July 10th. Evercore ISI restated an "outperform" rating on shares of Vertiv in a report on Thursday, July 10th. Roth Capital upped their price target on Vertiv from $100.00 to $157.00 and gave the stock a "buy" rating in a report on Tuesday, July 29th. Finally, Morgan Stanley reiterated an "overweight" rating on shares of Vertiv in a report on Sunday, August 10th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Vertiv has a consensus rating of "Moderate Buy" and an average price target of $142.00.

Vertiv Trading Down 4.9%

The firm has a 50 day simple moving average of $130.96 and a 200 day simple moving average of $105.95. The firm has a market cap of $48.76 billion, a P/E ratio of 61.10, a P/E/G ratio of 1.13 and a beta of 1.77. 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 announced its earnings results 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. The business had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. Vertiv's quarterly revenue was up 35.1% on a year-over-year basis. During the same period last year, the firm posted $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, equities research analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 26th. Investors of record on Tuesday, June 17th were issued a dividend of $0.0375 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a dividend yield of 14.0%. This is a positive change from Vertiv's previous dividend of $0.01. Vertiv's payout ratio is 7.18%.

Insider Transactions at Vertiv

In related news, insider Paul Ryan sold 22,218 shares of the firm's stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the transaction, the insider directly owned 12,803 shares of the company's stock, valued at approximately $1,630,334.02. This trade represents a 63.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Stephen Liang sold 43,683 shares of the firm's stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $115.83, for a total value of $5,059,801.89. Following the transaction, the executive vice president directly owned 9,551 shares in the company, valued at approximately $1,106,292.33. This represents a 82.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 208,955 shares of company stock valued at $26,477,307. 2.63% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Vertiv

A number of large investors have recently bought and sold shares of VRT. Ibex Wealth Advisors increased its stake in shares of Vertiv by 10.5% during the first 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 period. FengHe Fund Management Pte. Ltd. bought a new position in shares of Vertiv during the first quarter valued at $33,389,000. Viking Fund Management LLC lifted its holdings in shares of Vertiv by 123.5% during the first quarter. Viking Fund Management LLC now owns 38,000 shares of the company's stock valued at $2,744,000 after purchasing an additional 21,000 shares in the last quarter. Outlook Wealth Advisors LLC bought a new stake in Vertiv in the 1st quarter worth approximately $475,000. Finally, Fox Run Management L.L.C. lifted its holdings in Vertiv by 449.9% in the first quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company's stock valued at $1,556,000 after acquiring an additional 17,627 shares during the period. 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.