Vertiv (NYSE:VRT) Stock Price Up 7.7% – Here’s Why

Vertiv Holdings Co. (NYSE:VRT)’s stock price rose 7.7% during trading on Thursday . The company traded as high as $330.00 and last traded at $329.6760. Approximately 6,234,700 shares traded hands during mid-day trading, a decline of 14% from the average daily volume of 7,277,421 shares. The stock had previously closed at $306.18.

Wall Street Analysts Forecast Growth

VRT has been the topic of a number of analyst reports. Jefferies Financial Group reiterated a “hold” rating and issued a $260.00 target price (down from $280.00) on shares of Vertiv in a research report on Tuesday, March 31st. HSBC initiated coverage on shares of Vertiv in a research report on Wednesday, March 25th. They issued a “buy” rating and a $325.00 target price on the stock. TD Cowen lifted their target price on shares of Vertiv from $269.00 to $347.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. BNP Paribas Exane started coverage on shares of Vertiv in a report on Tuesday, April 14th. They issued an “outperform” rating and a $345.00 price target on the stock. Finally, Royal Bank Of Canada raised their price target on shares of Vertiv from $344.00 to $356.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Twenty-one research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $278.38.

Vertiv Stock Performance

The firm has a market cap of $126.03 billion, a P/E ratio of 82.44, a price-to-earnings-growth ratio of 1.41 and a beta of 2.10. The company has a current ratio of 1.49, a quick ratio of 1.15 and a debt-to-equity ratio of 0.69. The business’s fifty day simple moving average is $274.42 and its 200-day simple moving average is $213.68.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. The firm had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company’s revenue for the quarter was up 30.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.64 EPS. 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, sell-side analysts expect that Vertiv Holdings Co. will post 6.42 earnings per share for the current year.

Vertiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 17th were paid a dividend of $0.0625 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s payout ratio is presently 6.28%.

Insider Activity

In other news, Chairman David M. Cote sold 40,000 shares of Vertiv stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $255.29, for a total transaction of $10,211,600.00. Following the sale, the chairman owned 22,258 shares of the company’s stock, valued at approximately $5,682,244.82. The trade was a 64.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Roger Fradin sold 101,666 shares of Vertiv stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $252.13, for a total transaction of $25,633,048.58. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 489,761 shares of company stock worth $123,356,815. 2.63% of the stock is owned by company insiders.

Institutional Investors Weigh In On Vertiv

Several hedge funds have recently bought and sold shares of the business. SFE Investment Counsel boosted its stake in Vertiv by 1.1% during the first quarter. SFE Investment Counsel now owns 3,052 shares of the company’s stock worth $765,000 after acquiring an additional 32 shares in the last quarter. Webster Bank N. A. boosted its stake in Vertiv by 6.9% during the first quarter. Webster Bank N. A. now owns 542 shares of the company’s stock worth $136,000 after acquiring an additional 35 shares in the last quarter. Sachetta LLC boosted its stake in Vertiv by 41.4% during the first quarter. Sachetta LLC now owns 123 shares of the company’s stock worth $31,000 after acquiring an additional 36 shares in the last quarter. Onyx Bridge Wealth Group LLC boosted its stake in Vertiv by 2.1% during the first quarter. Onyx Bridge Wealth Group LLC now owns 1,908 shares of the company’s stock worth $478,000 after acquiring an additional 40 shares in the last quarter. Finally, Quotient Wealth Partners LLC boosted its stake in Vertiv by 2.5% during the first quarter. Quotient Wealth Partners LLC now owns 1,813 shares of the company’s stock worth $454,000 after acquiring an additional 45 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.