Vertiv (NYSE:VRT) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Vertiv (NYSE:VRT) from a hold rating to a buy rating in a report issued on Saturday morning,Wall Street Zen reports.

Several other brokerages have also commented on VRT. Piper Sandler set a $375.00 price objective on shares of Vertiv in a report on Wednesday, July 29th. Evercore set a $375.00 target price on Vertiv in a report on Wednesday, July 29th. Sanford C. Bernstein reissued an “outperform” rating and issued a $368.00 target price on shares of Vertiv in a research report on Friday, July 31st. KeyCorp lowered their price objective on Vertiv from $360.00 to $325.00 and set an “overweight” rating for the company in a research report on Thursday, July 30th. Finally, Zacks Research lowered shares of Vertiv from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 31st. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $357.83.

Vertiv Stock Performance

NYSE VRT opened at $248.81 on Friday. The company has a 50-day simple moving average of $270.75 and a two-hundred day simple moving average of $291.22. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62. Vertiv has a 12-month low of $133.85 and a 12-month high of $379.93. The firm has a market cap of $95.79 billion, a price-to-earnings ratio of 56.29, a PEG ratio of 1.02 and a beta of 2.07.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The business had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.38 billion. During the same quarter last year, the firm earned $0.95 EPS. The company’s revenue 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 will post 6.72 EPS for the current year.

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Monday, September 14th will be paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Monday, September 14th. Vertiv’s dividend payout ratio is currently 5.66%.

Insider Buying and Selling at Vertiv

In other news, Director Edward Monser sold 15,287 shares of the firm’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the completion of the transaction, the director directly owned 16,500 shares in the company, valued at $4,188,030. This trade represents a 48.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is owned by insiders.

Institutional Trading of Vertiv

Institutional investors have recently bought and sold shares of the company. IKE Capital LLC lifted its position in Vertiv by 194.4% in the 2nd quarter. IKE Capital LLC now owns 7,065 shares of the company’s stock valued at $2,365,000 after acquiring an additional 4,665 shares in the last quarter. ABS Direct Equity Fund LLC increased its holdings in shares of Vertiv by 11.7% in the 2nd quarter. ABS Direct Equity Fund LLC now owns 670 shares of the company’s stock worth $224,000 after purchasing an additional 70 shares in the last quarter. Miramontes Capital LLC bought a new stake in shares of Vertiv in the 2nd quarter worth $387,000. Capstone Financial Advisors Inc. purchased a new position in shares of Vertiv in the second quarter worth $206,000. Finally, Sequoia Financial Advisors LLC raised its stake in shares of Vertiv by 4.3% in the second quarter. Sequoia Financial Advisors LLC now owns 22,258 shares of the company’s stock worth $7,452,000 after purchasing an additional 913 shares during the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

Vertiv Company Profile

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.