Vertiv Holdings Co. (NYSE:VRT – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the twenty-seven analysts that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, twenty-two have issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $322.3182.
VRT has been the topic of several research reports. Morgan Stanley raised their price objective on shares of Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Bank of America raised their price objective on shares of Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. HSBC initiated coverage on shares of Vertiv in a research report on Wednesday, March 25th. They set a “buy” rating and a $325.00 price objective on the stock. Royal Bank Of Canada raised their price objective on shares of Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Finally, BNP Paribas Exane initiated coverage on shares of Vertiv in a research report on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price objective on the stock.
Get Our Latest Research Report on Vertiv
Vertiv Trading Up 0.1%
Vertiv (NYSE:VRT – Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. During the same period last year, the firm posted $0.64 EPS. Vertiv’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. Analysts forecast that Vertiv will post 6.42 earnings per share for the current year.
Vertiv Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 17th were issued a $0.0625 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. Vertiv’s payout ratio is presently 6.28%.
Insiders Place Their Bets
In other news, EVP Anders Karlborg sold 30,487 shares of Vertiv stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $246.92, for a total value of $7,527,850.04. Following the sale, the executive vice president owned 34,746 shares of the company’s stock, valued at $8,579,482.32. The trade was a 46.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman David M. Cote sold 40,000 shares of Vertiv stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $255.29, for a total transaction of $10,211,600.00. Following the completion of the sale, the chairman directly owned 22,258 shares in the company, valued at approximately $5,682,244.82. The trade was a 64.25% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 489,761 shares of company stock valued at $123,356,815. Corporate insiders own 1.10% of the company’s stock.
Institutional Trading of Vertiv
Several hedge funds and other institutional investors have recently made changes to their positions in VRT. Empowered Funds LLC boosted its holdings in shares of Vertiv by 25.9% in the first quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock valued at $834,000 after acquiring an additional 2,377 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Vertiv in the second quarter valued at about $567,000. Cary Street Partners Financial LLC boosted its holdings in shares of Vertiv by 19.8% in the second quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock valued at $178,000 after acquiring an additional 230 shares in the last quarter. Bank of Nova Scotia boosted its holdings in shares of Vertiv by 49.7% in the second quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock valued at $3,755,000 after acquiring an additional 9,712 shares in the last quarter. Finally, Ossiam purchased a new stake in shares of Vertiv in the second quarter valued at about $50,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.
Vertiv Company Profile
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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