Vertiv (NYSE:VRT) Trading Up 2.9% – Here’s What Happened

Shares of Vertiv Holdings Co. (NYSE:VRT) rose 2.9% during mid-day trading on Monday . The stock traded as high as $319.84 and last traded at $311.6670. Approximately 5,298,000 shares were traded during trading, a decline of 23% from the average daily volume of 6,886,188 shares. The stock had previously closed at $302.87.

Wall Street Analysts Forecast Growth

VRT has been the subject of several research reports. TD Cowen raised their price objective on shares of Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Loop Capital initiated coverage on shares of Vertiv in a research report on Thursday, May 14th. They set a “buy” rating and a $500.00 price objective for the company. Sanford C. Bernstein initiated coverage on shares of Vertiv in a research report on Tuesday, June 9th. They set an “outperform” rating and a $416.00 price objective for the company. The Goldman Sachs Group raised their price objective on shares of Vertiv from $277.00 to $311.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. Finally, Barclays raised their target price on shares of Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $326.39.

Vertiv Price Performance

The company’s fifty day moving average price is $316.12 and its 200 day moving average price is $244.94. The company has a market capitalization of $119.71 billion, a P/E ratio of 78.31, a PEG ratio of 1.31 and a beta of 2.04. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping the consensus estimate of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.63 billion. During the same period last year, the firm earned $0.64 earnings per share. The business’s revenue for the quarter was up 30.1% on a year-over-year basis. 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 forecast that Vertiv Holdings Co. will post 6.36 EPS for the current year.

Vertiv Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.0625 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is currently 6.28%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in VRT. Empowered Funds LLC raised its position in Vertiv by 25.9% during the first quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock valued at $834,000 after purchasing an additional 2,377 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in Vertiv during the second quarter valued at approximately $567,000. Cary Street Partners Financial LLC raised its position in Vertiv by 19.8% during the second quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock valued at $178,000 after purchasing an additional 230 shares in the last quarter. Bank of Nova Scotia raised its position in Vertiv by 49.7% during the second quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock valued at $3,755,000 after purchasing an additional 9,712 shares in the last quarter. Finally, Ossiam acquired a new position in Vertiv during the second quarter valued at approximately $50,000. 89.92% of the stock is currently owned by institutional investors and hedge funds.

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.