Vertiv Holdings Co. (NYSE:VRT – Get Free Report) rose 1.3% during trading on Tuesday . The company traded as high as $255.40 and last traded at $254.2410. 3,511,856 shares changed hands during trading, a decline of 46% from the average session volume of 6,520,133 shares. The stock had previously closed at $250.86.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on VRT. Wall Street Zen upgraded Vertiv from a “hold” rating to a “buy” rating in a research report on Saturday, September 19th. Glj Research raised Vertiv from a “hold” rating to a “buy” rating and set a $381.00 price target on the stock in a research note on Friday, August 7th. Oppenheimer restated an “outperform” rating and issued a $325.00 target price on shares of Vertiv in a report on Thursday, July 30th. Robert W. Baird set a $320.00 price objective on shares of Vertiv in a research note on Thursday, July 30th. Finally, UBS Group reissued a “buy” rating and issued a $370.00 price target on shares of Vertiv in a research note on Thursday, July 30th. Two equities 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 data from MarketBeat.com, Vertiv presently has an average rating of “Moderate Buy” and an average target price of $357.83.
Read Our Latest Research Report on Vertiv
Vertiv Stock Down 2.7%
Vertiv (NYSE:VRT – Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.43 by $0.09. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The company had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same period last year, the firm earned $0.95 earnings per share. The business’s revenue for the quarter was up 24.1% on a year-over-year basis. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. On average, equities analysts forecast that Vertiv Holdings Co. will post 6.72 EPS for the current year.
Vertiv Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Monday, September 14th will be paid a dividend of $0.0625 per share. The ex-dividend date is Monday, September 14th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is presently 5.66%.
Insider Activity at Vertiv
In related news, Director Edward Monser sold 15,287 shares of the company’s 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 owned 16,500 shares in the company, valued at approximately $4,188,030. This represents a 48.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.10% of the company’s stock.
Institutional Trading of Vertiv
A number of large investors have recently bought and sold shares of VRT. Lingotto Investment Management LLP acquired a new stake in shares of Vertiv during the fourth quarter worth about $2,641,000. Norges Bank acquired a new stake in Vertiv during the 4th quarter valued at approximately $808,701,000. Dymon Asia Capital Singapore PTE. LTD. purchased a new stake in shares of Vertiv in the 4th quarter valued at $2,197,000. Ritholtz Wealth Management increased its stake in shares of Vertiv by 137.5% in the first quarter. Ritholtz Wealth Management now owns 7,238 shares of the company’s stock worth $1,814,000 after acquiring an additional 4,190 shares during the period. Finally, Fidelis Capital Partners LLC increased its stake in shares of Vertiv by 51.0% in the fourth quarter. Fidelis Capital Partners LLC now owns 11,189 shares of the company’s stock worth $1,813,000 after acquiring an additional 3,777 shares during the period. 89.92% of the stock is owned by hedge funds and other institutional investors.
About Vertiv
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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