Vertiv (NYSE:VRT) Price Target Raised to $200.00

Vertiv (NYSE:VRT) had its price target increased by Morgan Stanley from $165.00 to $200.00 in a research note released on Thursday, MarketBeat reports. They currently have an overweight rating on the stock.

Several other equities analysts have also recently weighed in on VRT. Roth Capital reissued a “buy” rating and set a $195.00 price target (up from $162.00) on shares of Vertiv in a report on Tuesday. Melius Research raised Vertiv from a “hold” rating to a “strong-buy” rating and increased their target price for the company from $134.00 to $165.00 in a report on Tuesday, July 8th. Cfra Research raised Vertiv to a “moderate buy” rating in a research report on Tuesday, October 7th. Evercore ISI upped their price target on shares of Vertiv from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Monday, October 20th. Finally, Deutsche Bank Aktiengesellschaft set a $216.00 price objective on shares of Vertiv and gave the stock a “buy” rating in a research note on Wednesday, October 15th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Vertiv currently has a consensus rating of “Moderate Buy” and an average target price of $177.81.

Vertiv Stock Up 1.5%

NYSE:VRT opened at $185.87 on Thursday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.35 and a current ratio of 1.83. The firm has a market cap of $70.98 billion, a P/E ratio of 70.14, a P/E/G ratio of 1.49 and a beta of 1.84. Vertiv has a fifty-two week low of $53.60 and a fifty-two week high of $188.89. The firm has a 50-day simple moving average of $147.30 and a two-hundred day simple moving average of $124.14.

Vertiv (NYSE:VRT) last issued its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.25. The firm had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The business’s revenue was up 29.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.76 earnings per share. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. Analysts predict that Vertiv will post 3.59 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were paid a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv’s payout ratio is presently 5.66%.

Insider Buying and Selling

In other news, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $134.21, for a total value of $5,590,383.34. Following the completion of the transaction, the insider owned 18,848 shares in the company, valued at approximately $2,529,590.08. The trade was a 68.85% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of the stock in a transaction on Monday, September 8th. The shares were sold at an average price of $123.92, for a total value of $1,943,065.60. Following the sale, the director owned 4,631 shares in the company, valued at $573,873.52. The trade was a 77.20% decrease in their position. The disclosure for this sale can be found here. Insiders sold 180,952 shares of company stock valued at $23,360,571 over the last quarter. Company insiders own 2.63% of the company’s stock.

Institutional Trading of Vertiv

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Lederer & Associates Investment Counsel CA lifted its stake in Vertiv by 5.9% in the third quarter. Lederer & Associates Investment Counsel CA now owns 5,094 shares of the company’s stock worth $768,000 after purchasing an additional 282 shares during the last quarter. MGO One Seven LLC lifted its stake in Vertiv by 23.5% in the third quarter. MGO One Seven LLC now owns 17,309 shares of the company’s stock worth $2,611,000 after acquiring an additional 3,294 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its holdings in Vertiv by 13.3% during the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 850 shares of the company’s stock worth $128,000 after acquiring an additional 100 shares in the last quarter. Tema Etfs LLC grew its holdings in Vertiv by 7.5% during the 3rd quarter. Tema Etfs LLC now owns 32,871 shares of the company’s stock worth $4,959,000 after acquiring an additional 2,298 shares in the last quarter. Finally, Bayforest Capital Ltd increased its position in Vertiv by 195.1% during the 3rd quarter. Bayforest Capital Ltd now owns 4,518 shares of the company’s stock valued at $682,000 after purchasing an additional 2,987 shares during the period. 89.92% of the stock is owned by hedge funds and other institutional investors.

About Vertiv

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.