Shares of Vertiv Holdings Co. (NYSE:VRT – Get Free Report) were up 3.1% on Tuesday . The company traded as high as $253.48 and last traded at $253.1110. Approximately 5,414,712 shares traded hands during trading, a decline of 9% from the average daily volume of 5,949,159 shares. The stock had previously closed at $245.42.
Analyst Ratings Changes
Several brokerages have commented on VRT. JPMorgan Chase & Co. decreased their price target on shares of Vertiv from $230.00 to $225.00 and set an “overweight” rating on the stock in a research note on Friday, January 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $281.00 price objective on shares of Vertiv in a research note on Thursday, February 12th. The Goldman Sachs Group boosted their price objective on shares of Vertiv from $204.00 to $277.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Roth Mkm reissued a “buy” rating and set a $275.00 price target on shares of Vertiv in a research report on Thursday, February 12th. Finally, Weiss Ratings raised Vertiv from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Vertiv currently has a consensus rating of “Moderate Buy” and an average target price of $230.28.
Read Our Latest Stock Report on VRT
Vertiv Trading Up 3.1%
Vertiv (NYSE:VRT – Get Free Report) last posted its quarterly earnings data on Wednesday, February 11th. The company reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.07. The business had revenue of $2.88 billion for the quarter, compared to analyst estimates of $2.89 billion. Vertiv had a return on equity of 49.55% and a net margin of 13.03%.The company’s revenue was up 22.7% on a year-over-year basis. During the same quarter in the prior year, the company 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. On average, sell-side analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.
Institutional Investors Weigh In On Vertiv
A number of institutional investors have recently added to or reduced their stakes in VRT. Vanguard Group Inc. raised its stake in shares of Vertiv by 2.2% during the third quarter. Vanguard Group Inc. now owns 38,833,036 shares of the company’s stock valued at $5,858,352,000 after purchasing an additional 826,281 shares during the period. State Street Corp grew its holdings in Vertiv by 2.8% in the 4th quarter. State Street Corp now owns 8,694,900 shares of the company’s stock worth $1,408,661,000 after buying an additional 235,577 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Vertiv by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock valued at $1,141,723,000 after purchasing an additional 143,821 shares in the last quarter. Invesco Ltd. lifted its stake in shares of Vertiv by 2.1% in the 4th quarter. Invesco Ltd. now owns 5,974,205 shares of the company’s stock worth $967,881,000 after acquiring an additional 121,618 shares during the period. Finally, Norges Bank bought a new position in Vertiv during the 4th quarter valued at $808,701,000. Hedge funds and other 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.
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