Shares of Vertiv Holdings Co. (NYSE:VRT – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the twenty-nine ratings firms that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $177.8571.
Several equities research analysts have recently commented on the company. Barclays upped their target price on Vertiv from $145.00 to $170.00 and gave the company an “equal weight” rating in a report on Thursday, October 23rd. Glj Research started coverage on shares of Vertiv in a research report on Tuesday, August 19th. They issued a “sell” rating and a $112.00 price target for the company. Mizuho raised their price objective on shares of Vertiv from $165.00 to $198.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Deutsche Bank Aktiengesellschaft set a $216.00 target price on shares of Vertiv and gave the company a “buy” rating in a research note on Wednesday, October 15th. Finally, The Goldman Sachs Group set a $182.00 target price on Vertiv in a report on Thursday, October 23rd.
Get Our Latest Analysis on Vertiv
Vertiv Stock Down 0.3%
Vertiv (NYSE:VRT – Get Free Report) last announced its quarterly earnings data 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 business had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.59 billion. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The company’s revenue was up 29.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.76 earnings per share. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. Equities analysts expect that Vertiv will post 3.59 earnings per share for the current fiscal year.
Vertiv Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Tuesday, November 25th will be issued a $0.0625 dividend. The ex-dividend date is Tuesday, November 25th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. Vertiv’s dividend payout ratio is currently 9.43%.
Insider Activity at Vertiv
In related news, Director Jakki L. Haussler sold 15,680 shares of the firm’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $123.92, for a total transaction of $1,943,065.60. Following the completion of the sale, the director directly owned 4,631 shares in the company, valued at approximately $573,873.52. This trade represents a 77.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Stephen Liang sold 5,501 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $170.48, for a total transaction of $937,810.48. Following the completion of the transaction, the executive vice president owned 4,050 shares in the company, valued at approximately $690,444. This represents a 57.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 5.01% of the company’s stock.
Institutional Trading of Vertiv
Several large investors have recently added to or reduced their stakes in the business. Investment Research Partners LLC bought a new position in Vertiv during the third quarter worth $987,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Vertiv during the 3rd quarter worth about $302,000. CIBC Private Wealth Group LLC increased its holdings in Vertiv by 64.1% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 364,756 shares of the company’s stock valued at $55,027,000 after purchasing an additional 142,518 shares in the last quarter. Watts Gwilliam & Co. LLC grew its holdings in Vertiv by 0.4% during the 3rd quarter. Watts Gwilliam & Co. LLC now owns 23,228 shares of the company’s stock worth $3,504,000 after acquiring an additional 100 shares during the last quarter. Finally, CIBC Bancorp USA Inc. bought a new position in Vertiv in the 3rd quarter valued at $1,958,000. 89.92% of the stock is owned by institutional investors.
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.
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