Vertiv (NYSE:VRT – Get Free Report) was upgraded by equities researchers at Sanford C. Bernstein to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.
Several other research analysts have also issued reports on VRT. TD Cowen increased their target price on Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Fox Advisors raised Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. JPMorgan Chase & Co. raised their price objective on Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Wall Street Zen raised Vertiv from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Finally, BNP Paribas Exane began coverage on Vertiv in a research report on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price objective for the company. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $326.39.
Vertiv Stock Down 2.9%
Vertiv (NYSE:VRT – Get Free Report) last announced its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The firm had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. During the same quarter in the prior year, the company earned $0.64 EPS. The business’s revenue was up 30.1% compared to the same quarter last year. 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, equities research analysts anticipate that Vertiv will post 6.36 EPS for the current fiscal year.
Institutional Trading of Vertiv
A number of institutional investors and hedge funds have recently modified their holdings of VRT. CreativeOne Wealth LLC lifted its position in shares of Vertiv by 187.8% in the third quarter. CreativeOne Wealth LLC now owns 10,646 shares of the company’s stock valued at $1,606,000 after acquiring an additional 6,947 shares in the last quarter. Lingotto Investment Management LLP purchased a new position in shares of Vertiv in the fourth quarter valued at about $2,641,000. Sterling Investment Advisors Ltd. lifted its position in shares of Vertiv by 26.1% in the fourth quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock valued at $3,641,000 after acquiring an additional 4,645 shares in the last quarter. Norges Bank purchased a new position in shares of Vertiv in the fourth quarter valued at about $808,701,000. Finally, WD Rutherford LLC lifted its position in shares of Vertiv by 80.7% in the fourth quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock valued at $2,443,000 after acquiring an additional 6,734 shares in the last quarter. Institutional investors own 89.92% of the company’s stock.
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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