Vertiv (NYSE:VRT) Trading 3.4% Higher – Time to Buy?

Shares of Vertiv Holdings Co. (NYSE:VRT) traded up 3.4% during mid-day trading on Friday . The company traded as high as $189.66 and last traded at $188.7880. 7,263,588 shares changed hands during trading, a decline of 16% from the average session volume of 8,636,268 shares. The stock had previously closed at $182.54.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Mizuho increased their price objective on Vertiv from $165.00 to $198.00 and gave the company an “outperform” rating in a report on Friday, October 17th. KGI Securities raised Vertiv from a “hold” rating to an “outperform” rating in a report on Thursday, October 23rd. Zacks Research upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 31st. Rothschild & Co Redburn initiated coverage on shares of Vertiv in a research report on Wednesday, August 20th. They issued a “neutral” rating and a $135.00 price objective for the company. Finally, Rothschild Redb raised shares of Vertiv to a “hold” rating in a research report on Wednesday, August 20th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $178.38.

Vertiv Stock Up 3.4%

The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83. The business’s 50-day simple moving average is $173.94 and its 200-day simple moving average is $142.87. The company has a market capitalization of $72.18 billion, a PE ratio of 71.24, a price-to-earnings-growth ratio of 1.45 and a beta of 2.03.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.99 by $0.25. The firm had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The business’s quarterly revenue was up 29.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.76 earnings per share. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. As a group, equities research analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Tuesday, November 25th will be issued a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 0.1%. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend is Tuesday, November 25th. Vertiv’s dividend payout ratio is 9.43%.

Insider Buying and Selling

In other Vertiv news, Director Jakki L. Haussler sold 15,680 shares of the company’s stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $123.92, for a total value of $1,943,065.60. Following the sale, the director owned 4,631 shares in the company, valued at approximately $573,873.52. This represents a 77.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Stephen Liang sold 5,501 shares of Vertiv stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $170.48, for a total transaction of $937,810.48. Following the transaction, the executive vice president directly owned 4,050 shares of the company’s stock, valued at approximately $690,444. This trade represents a 57.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 2.63% of the company’s stock.

Institutional Trading of Vertiv

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in Vertiv by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 38,833,036 shares of the company’s stock worth $5,858,352,000 after buying an additional 826,281 shares in the last quarter. State Street Corp increased its position in shares of Vertiv by 2.3% during the third quarter. State Street Corp now owns 8,459,323 shares of the company’s stock worth $1,276,173,000 after purchasing an additional 189,484 shares in the last quarter. Amundi lifted its holdings in Vertiv by 96.8% in the 1st quarter. Amundi now owns 6,951,773 shares of the company’s stock valued at $469,490,000 after purchasing an additional 3,420,144 shares in the last quarter. Geode Capital Management LLC boosted its stake in Vertiv by 3.4% during the 2nd quarter. Geode Capital Management LLC now owns 6,686,778 shares of the company’s stock worth $856,082,000 after purchasing an additional 219,970 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Vertiv by 20.9% during the second quarter. Invesco Ltd. now owns 5,931,488 shares of the company’s stock worth $761,662,000 after buying an additional 1,024,634 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.