Vertiv (NYSE:VRT) Stock Price Up 1.6% – Should You Buy?

Vertiv Holdings Co. (NYSE:VRT)’s share price shot up 1.6% on Wednesday . The stock traded as high as $174.87 and last traded at $172.3550. 5,244,688 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 8,716,479 shares. The stock had previously closed at $169.57.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Evercore ISI lifted their price target on shares of Vertiv from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Monday, October 20th. Zacks Research raised Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 31st. Morgan Stanley upped their price target on Vertiv from $165.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. TD Cowen increased their price target on Vertiv from $162.00 to $210.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Vertiv from $150.00 to $206.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $177.81.

Vertiv Price Performance

The company has a fifty day moving average of $168.96 and a 200-day moving average of $139.81. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83. The stock has a market cap of $65.90 billion, a PE ratio of 65.04, a P/E/G ratio of 1.37 and a beta of 1.87.

Vertiv (NYSE:VRT) last released its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.25. The company had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.59 billion. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.Vertiv’s revenue was up 29.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.76 EPS. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. Sell-side analysts expect that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Tuesday, November 25th will be issued a dividend of $0.0625 per share. This is a boost from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date is Tuesday, November 25th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is currently 4.15%.

Insider Activity at Vertiv

In other Vertiv news, EVP Stephen Liang sold 5,501 shares of the business’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $170.48, for a total value of $937,810.48. Following the completion of the transaction, the executive vice president owned 4,050 shares in the company, valued at $690,444. The trade was a 57.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of the company’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $123.92, for a total value of $1,943,065.60. Following the sale, the director directly owned 4,631 shares in the company, valued at $573,873.52. This represents a 77.20% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 5.01% of the company’s stock.

Hedge Funds Weigh In On Vertiv

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Norges Bank acquired a new stake in Vertiv in the second quarter valued at approximately $538,132,000. Winslow Capital Management LLC purchased a new stake in shares of Vertiv in the 2nd quarter valued at approximately $459,284,000. Amundi raised its holdings in shares of Vertiv by 96.8% in the 1st quarter. Amundi now owns 6,951,773 shares of the company’s stock valued at $469,490,000 after purchasing an additional 3,420,144 shares in the last quarter. 1832 Asset Management L.P. lifted its position in shares of Vertiv by 985.3% during the 1st quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company’s stock worth $166,183,000 after purchasing an additional 2,089,612 shares during the last quarter. Finally, Nordea Investment Management AB grew its stake in shares of Vertiv by 100.1% during the second quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock worth $415,132,000 after purchasing an additional 1,624,456 shares in the last quarter. 89.92% of the stock is owned by institutional investors and hedge funds.

Vertiv Company Profile

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.