Vertiv (NYSE:VRT) Upgraded to "Hold" at Redburn Atlantic

Key Points

• Vertiv has been upgraded to a "hold" rating by Redburn Atlantic, while other firms have issued various ratings ranging from "strong buy" to "sell."
• Latest earnings results showed $0.95 EPS for the quarter, exceeding expectations and demonstrating a 35.1% increase in revenue year-over-year.
• Institutional investors own 89.92% of Vertiv's stock, with significant recent increases in ownership from several investment firms.

Vertiv (NYSE:VRT - Get Free Report) was upgraded by stock analysts at Redburn Atlantic to a "hold" rating in a research report issued on Wednesday,Zacks.com reports.

Other analysts also recently issued reports about the stock. Citigroup raised their price objective on shares of Vertiv from $130.00 to $149.00 and gave the company a "buy" rating in a research report on Monday, July 14th. Barclays set a $128.00 price target on shares of Vertiv and gave the company an "equal weight" rating in a report on Thursday, July 31st. Melius Research upgraded shares of Vertiv from a "hold" rating to a "strong-buy" rating and lifted their price target for the company from $134.00 to $165.00 in a report on Tuesday, July 8th. Morgan Stanley reiterated an "overweight" rating on shares of Vertiv in a report on Sunday, August 10th. Finally, UBS Group lifted their price target on shares of Vertiv from $135.00 to $173.00 and gave the company a "buy" 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, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $142.00.

Vertiv Stock Performance

Shares of Vertiv stock traded up $0.6640 on Wednesday, hitting $128.2040. 409,396 shares of the company's stock were exchanged, compared to its average volume of 9,203,178. The company has a 50-day simple moving average of $129.34 and a 200-day simple moving average of $105.54. The stock has a market capitalization of $48.96 billion, a PE ratio of 61.30, a PEG ratio of 1.14 and a beta of 1.77. Vertiv has a 1 year low of $53.60 and a 1 year high of $155.84. 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 issued its quarterly earnings results 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 business 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%. The company's revenue was up 35.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, equities analysts anticipate that Vertiv will post 3.59 EPS for the current year.

Insider Activity

In related news, insider Karsten Winther sold 41,654 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the insider directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Stephen Liang sold 43,683 shares of the business's stock in a transaction on 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 owned 9,551 shares of the company's stock, valued at approximately $1,106,292.33. The trade was a 82.06% decrease in their position. The disclosure for this sale can be found here. 2.63% of the stock is owned by company insiders.

Institutional Trading of Vertiv

A number of large investors have recently made changes to their positions in VRT. Avion Wealth lifted its holdings in Vertiv by 99.1% during the 2nd quarter. Avion Wealth now owns 213 shares of the company's stock valued at $27,000 after buying an additional 106 shares in the last quarter. OLD Point Trust & Financial Services N A purchased a new position in shares of Vertiv during the second quarter worth approximately $32,000. DiNuzzo Private Wealth Inc. increased its position in shares of Vertiv by 780.0% during the second quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company's stock worth $34,000 after acquiring an additional 234 shares during the period. University of Texas Texas AM Investment Management Co. purchased a new position in shares of Vertiv during the second quarter worth approximately $37,000. Finally, Garde Capital Inc. increased its position in shares of Vertiv by 1,886.7% during the second quarter. Garde Capital Inc. now owns 298 shares of the company's stock worth $38,000 after acquiring an additional 283 shares during the period. 89.92% of the stock is owned by hedge funds and other institutional investors.

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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