Vertiv (NYSE:VRT) Stock Price Up 11.1% - What's Next?

Key Points

• Vertiv Holdings Co. (NYSE:VRT) saw a substantial share price increase of 11.1% during trading, reaching a high of $141.22 before closing at $139.48.
• Analysts are optimistic about Vertiv's future, with several firms raising their price targets, including Oppenheimer and Bank of America, which set new prices of $151.00 and $150.00, respectively.
• Vertiv announced a quarterly dividend of $0.0375 per share, which will be paid on September 25th, contributing to an annualized yield of 0.1%.

Vertiv Holdings Co. (NYSE:VRT - Get Free Report)'s share price rose 11.1% during trading on Wednesday . The stock traded as high as $141.22 and last traded at $139.48. Approximately 5,792,049 shares changed hands during trading, a decline of 36% from the average daily volume of 9,011,600 shares. The stock had previously closed at $125.58.

Analysts Set New Price Targets

VRT has been the subject of a number of research analyst reports. JPMorgan Chase & Co. upped their target price on Vertiv from $127.00 to $150.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Redburn Atlantic raised Vertiv to a "hold" rating in a report on Wednesday, August 20th. Royal Bank Of Canada boosted their target price on Vertiv from $143.00 to $162.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Citigroup increased their price objective on shares of Vertiv from $130.00 to $149.00 and gave the company a "buy" rating in a report on Monday, July 14th. Finally, Mizuho increased their target price on Vertiv from $125.00 to $150.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 16th. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $142.00.

Vertiv Stock Down 0.6%

The firm has a market capitalization of $51.51 billion, a P/E ratio of 64.55, a price-to-earnings-growth ratio of 1.20 and a beta of 1.78. The stock has a fifty day moving average of $131.73 and a 200 day moving average of $107.66. 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 posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.12. The company had revenue of $2.64 billion for 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%. Vertiv's revenue for the quarter was up 35.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, research analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Dividend Announcement

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

Insider Transactions at Vertiv

In other Vertiv news, Director Jakki L. Haussler sold 15,680 shares of the company's stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $123.92, for a total value of $1,943,065.60. Following the completion of the transaction, the director 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Paul Ryan sold 22,218 shares of the firm's stock in a transaction on 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 sale, the insider directly owned 12,803 shares of the company's stock, valued at $1,630,334.02. This trade represents a 63.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 180,952 shares of company stock worth $23,360,571. 2.63% of the stock is owned by insiders.

Institutional Trading of Vertiv

A number of institutional investors have recently added to or reduced their stakes in the stock. Ibex Wealth Advisors increased its holdings in shares of Vertiv by 10.5% during the 1st quarter. Ibex Wealth Advisors now owns 73,739 shares of the company's stock worth $5,324,000 after buying an additional 6,989 shares during the last quarter. FengHe Fund Management Pte. Ltd. purchased a new position in Vertiv during the 1st quarter worth approximately $33,389,000. Viking Fund Management LLC raised its position in 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 acquiring an additional 21,000 shares in the last quarter. Outlook Wealth Advisors LLC acquired a new stake in shares of Vertiv in the first quarter valued at about $475,000. Finally, Fox Run Management L.L.C. grew its holdings in shares of Vertiv by 449.9% during the 1st quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company's stock worth $1,556,000 after purchasing an additional 17,627 shares in the last quarter. 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.