Vertiv Holdings Co. (NYSE:VRT – Get Free Report) shares were up 3% on Friday . The stock traded as high as $250.15 and last traded at $248.8090. Approximately 7,814,349 shares traded hands during trading, an increase of 19% from the average daily volume of 6,545,242 shares. The stock had previously closed at $241.49.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on the stock. Piper Sandler set a $375.00 price objective on shares of Vertiv in a research report on Wednesday, July 29th. Weiss Ratings lowered shares of Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, August 14th. KeyCorp decreased their price target on shares of Vertiv from $360.00 to $325.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. UBS Group reiterated a “buy” rating and issued a $370.00 price objective on shares of Vertiv in a research report on Thursday, July 30th. Finally, Roth Capital reissued a “buy” rating and set a $355.00 price objective on shares of Vertiv in a research note on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $357.83.
View Our Latest Analysis on Vertiv
Vertiv Stock Up 3.0%
Vertiv (NYSE:VRT – Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. The company had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The firm’s revenue was up 24.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.95 EPS. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Analysts expect that Vertiv Holdings Co. will post 6.72 earnings per share for the current year.
Vertiv Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Monday, September 14th will be issued a dividend of $0.0625 per share. The ex-dividend date is Monday, September 14th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s dividend payout ratio is currently 5.66%.
Insider Transactions at Vertiv
In other Vertiv news, Director Edward Monser sold 15,287 shares of Vertiv stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total value of $3,880,146.34. Following the transaction, the director directly owned 16,500 shares of the company’s stock, valued at $4,188,030. The trade was a 48.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in VRT. Sachetta LLC raised its holdings in Vertiv by 41.4% during the 1st quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after buying an additional 36 shares during the last quarter. Cornerstone Planning Group LLC raised its stake in shares of Vertiv by 60.5% during the first quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock valued at $33,000 after acquiring an additional 49 shares during the last quarter. GoalVest Advisory LLC raised its stake in shares of Vertiv by 87.3% during the second quarter. GoalVest Advisory LLC now owns 148 shares of the company’s stock valued at $50,000 after acquiring an additional 69 shares during the last quarter. Center for Financial Planning Inc. boosted its holdings in shares of Vertiv by 554.2% during the first quarter. Center for Financial Planning Inc. now owns 157 shares of the company’s stock worth $39,000 after purchasing an additional 133 shares during the period. Finally, Ravenstone Capital Management Inc. purchased a new stake in shares of Vertiv during the first quarter worth about $40,000. Institutional investors own 89.92% of the company’s stock.
Vertiv Company Profile
Vertiv Holdings Co (NYSE: VRT) designs, manufactures and services critical digital infrastructure that helps data centers, communications networks and other facilities operate reliably and efficiently. Its solutions support the availability, performance and growth of information technology systems.
The company’s products and services include power management and distribution equipment, uninterruptible power supplies, thermal management and cooling systems, racks and integrated infrastructure, monitoring and management software, and lifecycle services.
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