Vertiv (NYSE:VRT) Trading 1.3% Higher – Time to Buy?

Vertiv Holdings Co. (NYSE:VRT)’s stock price traded up 1.3% on Monday . The stock traded as high as $309.20 and last traded at $307.8250. 6,503,107 shares were traded during trading, a decline of 7% from the average session volume of 6,996,891 shares. The stock had previously closed at $303.95.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on VRT shares. Citigroup lifted their price target on shares of Vertiv from $353.00 to $414.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. TD Cowen lifted their target price on Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. BNP Paribas Exane began coverage on Vertiv in a report on Tuesday, April 14th. They issued an “outperform” rating and a $345.00 target price for the company. Weiss Ratings cut Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, April 24th. Finally, Morgan Stanley lifted their price target on Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $326.39.

Vertiv Trading Up 1.3%

The business’s 50 day simple moving average is $324.10 and its 200 day simple moving average is $254.98. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15. The company has a market capitalization of $118.24 billion, a price-to-earnings ratio of 77.34, a price-to-earnings-growth ratio of 1.32 and a beta of 2.04.

Vertiv (NYSE:VRT) last announced its earnings results 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 business had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The business’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.64 earnings per share. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Research analysts anticipate that Vertiv Holdings Co. will post 6.36 EPS for the current year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were paid a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, June 15th. Vertiv’s payout ratio is currently 6.28%.

Institutional Trading of Vertiv

Several hedge funds have recently modified their holdings of VRT. State Street Corp grew its holdings in Vertiv by 2.8% during the fourth quarter. State Street Corp now owns 8,694,900 shares of the company’s stock worth $1,408,661,000 after acquiring an additional 235,577 shares during the period. Geode Capital Management LLC boosted its position in shares of Vertiv by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock worth $1,141,723,000 after purchasing an additional 143,821 shares in the last quarter. Invesco Ltd. boosted its position in shares of Vertiv by 2.1% during the 4th quarter. Invesco Ltd. now owns 5,974,205 shares of the company’s stock worth $967,881,000 after purchasing an additional 121,618 shares in the last quarter. Norges Bank acquired a new position in shares of Vertiv during the 4th quarter worth $808,701,000. Finally, Northern Trust Corp increased its holdings in shares of Vertiv by 3.6% in the 4th quarter. Northern Trust Corp now owns 2,811,745 shares of the company’s stock valued at $455,531,000 after purchasing an additional 97,141 shares in the last quarter. 89.92% of the stock is 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.