Vertiv (NYSE:VRT) Shares Up 2.1% – Here’s Why

Vertiv Holdings Co. (NYSE:VRT) shares were up 2.1% on Thursday . The company traded as high as $185.34 and last traded at $182.6460. Approximately 4,862,810 shares traded hands during trading, a decline of 44% from the average daily volume of 8,641,796 shares. The stock had previously closed at $178.88.

Wall Street Analyst Weigh In

Several brokerages have recently commented on VRT. UBS Group upped their price objective on shares of Vertiv from $173.00 to $201.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Oppenheimer boosted their target price on Vertiv from $190.00 to $195.00 and gave the company an “outperform” rating in a research report on Thursday, October 23rd. Rothschild Redb upgraded Vertiv to a “hold” rating in a research note on Wednesday, August 20th. Weiss Ratings restated a “buy (b)” rating on shares of Vertiv in a research report on Monday. Finally, TD Cowen boosted their price objective on Vertiv from $162.00 to $210.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Vertiv has a consensus rating of “Moderate Buy” and an average price target of $178.38.

Vertiv Price Performance

The stock’s 50 day moving average is $173.08 and its two-hundred day moving average is $142.59. The stock has a market capitalization of $69.83 billion, a PE ratio of 68.92, a price-to-earnings-growth ratio of 1.47 and a beta of 2.03. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.83 and a quick ratio of 1.43.

Vertiv (NYSE:VRT) last posted its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, topping the consensus estimate of $0.99 by $0.25. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The company had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.59 billion. During the same quarter in the previous year, the business posted $0.76 EPS. The firm’s revenue was up 29.0% on a year-over-year basis. 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, sell-side analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Increases Dividend

The firm 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 $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. This is a boost 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 currently 9.43%.

Insiders Place Their Bets

In other news, EVP Stephen Liang sold 5,501 shares of the stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $170.48, for a total value of $937,810.48. Following the transaction, the executive vice president owned 4,050 shares in the company, valued at approximately $690,444. This represents a 57.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jakki L. Haussler sold 15,680 shares of the firm’s stock in a transaction dated 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 directly owned 4,631 shares in the company, valued at $573,873.52. This trade represents a 77.20% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.63% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of VRT. FengHe Fund Management Pte. Ltd. purchased a new position in Vertiv during the first quarter worth about $33,389,000. Nordea Investment Management AB increased its position in Vertiv by 100.1% during the 2nd quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock worth $415,132,000 after purchasing an additional 1,624,456 shares during the period. Fox Run Management L.L.C. raised its stake in shares of Vertiv by 449.9% during the 1st quarter. Fox Run Management L.L.C. now owns 21,545 shares of the company’s stock worth $1,556,000 after buying an additional 17,627 shares in the last quarter. iA Global Asset Management Inc. raised its stake in shares of Vertiv by 130.2% during the 2nd quarter. iA Global Asset Management Inc. now owns 9,147 shares of the company’s stock worth $1,175,000 after buying an additional 5,173 shares in the last quarter. Finally, Westpac Banking Corp lifted its holdings in shares of Vertiv by 100.2% in the 2nd quarter. Westpac Banking Corp now owns 12,812 shares of the company’s stock valued at $1,645,000 after buying an additional 6,411 shares during the period. 89.92% of the stock is owned by hedge funds and other institutional investors.

Vertiv Company Profile

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.