Vertiv Holdings Co. (NYSE:VRT – Get Free Report) shares shot up 5% on Thursday . The company traded as high as $337.79 and last traded at $333.4870. 7,215,539 shares traded hands during mid-day trading, an increase of 5% from the average daily volume of 6,863,336 shares. The stock had previously closed at $317.58.
Wall Street Analyst Weigh In
Several analysts have recently commented on VRT shares. Loop Capital initiated coverage on Vertiv in a report on Thursday, May 14th. They issued a “buy” rating and a $500.00 price target for the company. Mizuho set a $380.00 target price on shares of Vertiv in a research report on Thursday, May 21st. Oppenheimer upped their price target on shares of Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. HSBC started coverage on Vertiv in a report on Wednesday, March 25th. They set a “buy” rating and a $325.00 target price on the stock. Finally, Wall Street Zen upgraded shares of Vertiv from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 30th. Three research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Vertiv currently has a consensus rating of “Moderate Buy” and an average target price of $326.39.
View Our Latest Stock Report on Vertiv
Vertiv Trading Up 5.0%
Vertiv (NYSE:VRT – Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. The company had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. Vertiv’s revenue was up 30.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.64 earnings per share. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. As a group, analysts anticipate that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.
Vertiv Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be issued a $0.0625 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is presently 6.28%.
Institutional Investors Weigh In On Vertiv
Several institutional investors and hedge funds have recently added to or reduced their stakes in VRT. SFE Investment Counsel lifted its stake in shares of Vertiv by 1.1% in the 1st quarter. SFE Investment Counsel now owns 3,052 shares of the company’s stock valued at $765,000 after purchasing an additional 32 shares in the last quarter. Webster Bank N. A. increased its position in Vertiv by 6.9% during the 1st quarter. Webster Bank N. A. now owns 542 shares of the company’s stock worth $136,000 after purchasing an additional 35 shares in the last quarter. Sachetta LLC raised its holdings in Vertiv by 41.4% in the first quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after buying an additional 36 shares during the period. Pincus Capital Management LP raised its holdings in Vertiv by 0.8% in the first quarter. Pincus Capital Management LP now owns 4,713 shares of the company’s stock valued at $1,181,000 after buying an additional 38 shares during the period. Finally, Onyx Bridge Wealth Group LLC lifted its position in Vertiv by 2.1% during the first quarter. Onyx Bridge Wealth Group LLC now owns 1,908 shares of the company’s stock valued at $478,000 after buying an additional 40 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.
About Vertiv
Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.
The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.
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