Vertiv Holdings Co. (NYSE:VRT – Get Free Report) traded up 4.5% on Tuesday . The company traded as high as $284.68 and last traded at $282.1520. 3,674,267 shares were traded during trading, a decline of 46% from the average session volume of 6,799,693 shares. The stock had previously closed at $270.10.
Wall Street Analysts Forecast Growth
A number of analysts have commented on VRT shares. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $368.00 price target on shares of Vertiv in a research report on Friday, July 31st. Weiss Ratings reissued a “buy (b-)” rating on shares of Vertiv in a research report on Tuesday, July 21st. Citigroup cut their target price on Vertiv from $414.00 to $358.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Barclays raised their target price on Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Finally, BNP Paribas Exane initiated coverage on Vertiv in a research note on Tuesday, April 14th. They issued an “outperform” rating and a $345.00 price target on the stock. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $348.54.
Read Our Latest Analysis on VRT
Vertiv Stock Performance
Vertiv (NYSE:VRT – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The business had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same period in the prior year, the business earned $0.95 EPS. The firm’s revenue for the quarter was up 24.1% on a year-over-year basis. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Equities research analysts predict that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal year.
Vertiv Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were issued a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is currently 5.66%.
Institutional Trading of Vertiv
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. SFE Investment Counsel grew its holdings in shares of Vertiv by 1.1% during the first quarter. SFE Investment Counsel now owns 3,052 shares of the company’s stock valued at $765,000 after buying an additional 32 shares during the last quarter. Versant Capital Management Inc raised its holdings in shares of Vertiv by 3.0% in the 2nd quarter. Versant Capital Management Inc now owns 1,156 shares of the company’s stock worth $387,000 after acquiring an additional 34 shares during the last quarter. Webster Bank N. A. raised its holdings in shares of Vertiv by 6.9% in the 1st quarter. Webster Bank N. A. now owns 542 shares of the company’s stock worth $136,000 after acquiring an additional 35 shares during the last quarter. Sachetta LLC lifted 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 acquiring an additional 36 shares in the last quarter. Finally, Pincus Capital Management LP lifted its position in Vertiv by 0.8% in the 1st quarter. Pincus Capital Management LP now owns 4,713 shares of the company’s stock valued at $1,181,000 after acquiring an additional 38 shares in the last quarter. 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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