Vertiv Holdings Co. (NYSE:VRT – Get Free Report)’s share price shot up 2.9% on Monday . The stock traded as high as $319.84 and last traded at $311.6670. 5,298,000 shares were traded during trading, a decline of 23% from the average session volume of 6,886,188 shares. The stock had previously closed at $302.87.
Analysts Set New Price Targets
A number of analysts have recently commented on VRT shares. Wall Street Zen raised Vertiv from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 30th. Morgan Stanley boosted their target price on Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. The Goldman Sachs Group upped their price target on Vertiv from $277.00 to $311.00 and gave the company a “buy” rating in a research report on Tuesday, April 14th. Roth Mkm reaffirmed a “buy” rating and issued a $355.00 target price on shares of Vertiv in a research report on Thursday, May 21st. Finally, Loop Capital started coverage on Vertiv in a research report on Thursday, May 14th. They issued a “buy” rating and a $500.00 target price on the stock. Three analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Vertiv has a consensus rating of “Moderate Buy” and an average price target of $326.39.
Get Our Latest Stock Analysis on Vertiv
Vertiv Stock Performance
Vertiv (NYSE:VRT – Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The business had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. During the same quarter in the prior year, the firm posted $0.64 EPS. The firm’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 earnings per share for the current fiscal year.
Vertiv Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date is Monday, June 15th. Vertiv’s payout ratio is 6.28%.
Institutional Investors Weigh In On Vertiv
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in shares of Vertiv in the 4th quarter worth approximately $808,701,000. Marshall Wace LLP lifted its position in shares of Vertiv by 265.6% in the 4th quarter. Marshall Wace LLP now owns 2,670,007 shares of the company’s stock worth $432,568,000 after acquiring an additional 1,939,749 shares during the period. Alkeon Capital Management LLC lifted its position in shares of Vertiv by 178.2% in the 4th quarter. Alkeon Capital Management LLC now owns 2,003,110 shares of the company’s stock worth $324,524,000 after acquiring an additional 1,283,110 shares during the period. Schroder Investment Management Group lifted its position in shares of Vertiv by 148.0% in the 3rd quarter. Schroder Investment Management Group now owns 1,828,750 shares of the company’s stock worth $275,885,000 after acquiring an additional 1,091,210 shares during the period. Finally, Ameriprise Financial Inc. lifted its position in shares of Vertiv by 49.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,811,114 shares of the company’s stock worth $361,033,000 after acquiring an additional 930,158 shares during the period. 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.
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