Vertiv (NYSE:VRT) Given New $414.00 Price Target at Citigroup

Vertiv (NYSE:VRT) had its price target boosted by equities research analysts at Citigroup from $353.00 to $414.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Citigroup’s price objective suggests a potential upside of 21.75% from the company’s current price.

VRT has been the topic of several other research reports. Mizuho boosted their price target on Vertiv from $198.00 to $290.00 and gave the company an “outperform” rating in a research note on Thursday, February 12th. JPMorgan Chase & Co. boosted their price target on Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Jefferies Financial Group reissued a “hold” rating and issued a $260.00 price objective (down from $280.00) on shares of Vertiv in a research note on Tuesday, March 31st. Morgan Stanley boosted their price objective on Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $330.00 price target on shares of Vertiv in a research note on Thursday, April 23rd. Twenty-one research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $281.29.

Vertiv Stock Performance

Shares of NYSE:VRT traded down $18.87 during trading on Thursday, hitting $340.05. 5,410,957 shares of the stock were exchanged, compared to its average volume of 7,156,298. Vertiv has a 1-year low of $92.13 and a 1-year high of $359.84. The company has a market capitalization of $130.62 billion, a price-to-earnings ratio of 85.44, a price-to-earnings-growth ratio of 1.46 and a beta of 2.09. The company’s fifty day simple moving average is $278.65 and its 200-day simple moving average is $216.60. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49.

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

Insider Activity

In other Vertiv news, Director Edward L. Monser sold 77,294 shares of the firm’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $245.49, for a total transaction of $18,974,904.06. Following the transaction, the director owned 16,500 shares in the company, valued at approximately $4,050,585. This trade represents a 82.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jan Van Dokkum sold 38,647 shares of the firm’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $254.87, for a total value of $9,849,960.89. Following the transaction, the director owned 25,000 shares in the company, valued at approximately $6,371,750. This trade represents a 60.72% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 489,761 shares of company stock valued at $123,356,815. Insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Vertiv

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sachetta LLC raised its position in Vertiv by 41.4% in the 1st quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after buying an additional 36 shares during the last quarter. Cornerstone Planning Group LLC raised its position in Vertiv by 60.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock valued at $33,000 after buying an additional 49 shares during the last quarter. Vermillion & White Wealth Management Group LLC raised its position in Vertiv by 58.3% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after buying an additional 56 shares during the last quarter. Center for Financial Planning Inc. raised its position in Vertiv by 554.2% in the 1st quarter. Center for Financial Planning Inc. now owns 157 shares of the company’s stock valued at $39,000 after buying an additional 133 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC acquired a new stake in Vertiv in the 1st quarter valued at approximately $41,000. 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.