Vertiv (NYSE:VRT) Stock Price Up 2.5% – Time to Buy?
by Danessa Lincoln · The Markets DailyVertiv Holdings Co. (NYSE:VRT – Get Free Report)’s stock price rose 2.5% during trading on Friday . The stock traded as high as $297.56 and last traded at $294.7190. Approximately 4,633,425 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 7,536,439 shares. The stock had previously closed at $287.64.
Analysts Set New Price Targets
VRT has been the topic of several research reports. The Goldman Sachs Group raised their price objective on Vertiv from $204.00 to $277.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Evercore reissued an “outperform” rating and issued a $280.00 price objective on shares of Vertiv in a research report on Wednesday, February 11th. Wall Street Zen downgraded Vertiv from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 14th. JPMorgan Chase & Co. lowered their target price on Vertiv from $230.00 to $225.00 and set an “overweight” rating for the company in a research note on Friday, January 16th. Finally, Jefferies Financial Group restated a “hold” rating and set a $260.00 target price (down from $280.00) on shares of Vertiv in a research note on Tuesday, March 31st. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $237.45.
Read Our Latest Analysis on VRT
Vertiv Stock Up 2.5%
The firm has a 50 day moving average price of $245.65 and a two-hundred day moving average price of $197.52. The company has a quick ratio of 1.22, a current ratio of 1.55 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $112.76 billion, a price-to-earnings ratio of 86.43, a P/E/G ratio of 1.42 and a beta of 2.04.
Vertiv (NYSE:VRT – Get Free Report) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.29 by $0.07. The business had revenue of $2.88 billion during the quarter, compared to the consensus estimate of $2.89 billion. Vertiv had a return on equity of 49.55% and a net margin of 13.03%.The company’s revenue for the quarter was up 22.7% compared to the same quarter last year. During the same period last year, the firm earned $0.99 earnings per share. Vertiv has set its Q1 2026 guidance at 0.950-1.010 EPS and its FY 2026 guidance at 5.970-6.070 EPS. As a group, sell-side analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.
Vertiv Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 17th were paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Tuesday, March 17th. Vertiv’s payout ratio is presently 7.33%.
Insider Buying and Selling
In other Vertiv news, Director Edward L. Monser sold 77,294 shares of Vertiv stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $245.49, for a total value of $18,974,904.06. Following the completion of the transaction, the director directly owned 16,500 shares in the company, valued at $4,050,585. The trade was a 82.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Steven Reinemund sold 65,000 shares of Vertiv stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $253.95, for a total value of $16,506,750.00. Following the completion of the transaction, the director owned 68,333 shares of the company’s stock, valued at approximately $17,353,165.35. The trade was a 48.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 489,761 shares of company stock valued at $123,356,815 over the last 90 days. 2.63% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Vertiv
Several hedge funds and other institutional investors have recently made changes to their positions in VRT. Financial Management Professionals Inc. raised its holdings in Vertiv by 1,560.0% during the third quarter. Financial Management Professionals Inc. now owns 166 shares of the company’s stock worth $25,000 after purchasing an additional 156 shares in the last quarter. Vermillion & White Wealth Management Group LLC raised its holdings in Vertiv by 58.3% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after purchasing an additional 56 shares in the last quarter. Promus Capital LLC bought a new stake in Vertiv during the second quarter worth approximately $26,000. Pacer Advisors Inc. raised its holdings in Vertiv by 67.6% during the third quarter. Pacer Advisors Inc. now owns 171 shares of the company’s stock worth $26,000 after purchasing an additional 69 shares in the last quarter. Finally, Sankala Group LLC bought a new stake in Vertiv during the fourth quarter worth approximately $27,000. 89.92% of the stock is currently owned by institutional investors and hedge funds.
Vertiv Company Profile
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.