Vertiv (NYSE:VRT) Trading 4.4% Higher – Here’s Why

by · The Cerbat Gem

Shares of Vertiv Holdings Co. (NYSE:VRT – Get Free Report) shot up 4.4% during trading on Monday . The company traded as high as $191.41 and last traded at $187.78. 5,563,718 shares were traded during mid-day trading, a decline of 37% from the average session volume of 8,762,737 shares. The stock had previously closed at $179.80.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Weiss Ratings downgraded shares of Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Redburn Atlantic raised shares of Vertiv to a “hold” rating in a report on Wednesday, August 20th. Oppenheimer lifted their price objective on shares of Vertiv from $190.00 to $195.00 and gave the company an “outperform” rating in a research note on Thursday, October 23rd. Roth Capital restated a “buy” rating and set a $195.00 target price (up from $162.00) on shares of Vertiv in a research note on Tuesday, October 21st. Finally, KGI Securities raised Vertiv from a “hold” rating to an “outperform” rating in a report on Thursday, October 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Vertiv currently has an average rating of “Moderate Buy” and an average target price of $177.81.

Check Out Our Latest Report on Vertiv

Vertiv Stock Performance

The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.43 and a current ratio of 1.83. The firm has a market cap of $71.80 billion, a P/E ratio of 70.86, a P/E/G ratio of 1.46 and a beta of 1.87. The company’s 50 day moving average is $159.40 and its 200 day moving average is $133.16.

Vertiv (NYSE:VRT – Get Free Report) last announced its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.25. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The company had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.59 billion. During the same period in the prior year, the company earned $0.76 EPS. Vertiv’s revenue was up 29.0% compared to the same quarter last year. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. As a group, equities analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were issued a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv’s payout ratio is 5.66%.

Insider Buying and Selling at Vertiv

In related news, insider Paul Ryan sold 22,218 shares of Vertiv stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the sale, the insider directly owned 12,803 shares in the company, valued at $1,630,334.02. This trade represents a 63.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jakki L. Haussler sold 15,680 shares of the company’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 transaction, the director owned 4,631 shares of the company’s stock, valued at approximately $573,873.52. This trade represents a 77.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 180,952 shares of company stock worth $23,360,571 in the last 90 days. Corporate insiders own 5.01% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of VRT. JFS Wealth Advisors LLC lifted its holdings in Vertiv by 73.4% during the 3rd quarter. JFS Wealth Advisors LLC now owns 241 shares of the company’s stock worth $36,000 after buying an additional 102 shares during the period. Waddell & Associates LLC raised its position in shares of Vertiv by 10.5% during the third quarter. Waddell & Associates LLC now owns 5,398 shares of the company’s stock worth $814,000 after acquiring an additional 512 shares during the last quarter. Prestige Wealth Management Group LLC raised its position in shares of Vertiv by 1.6% during the third quarter. Prestige Wealth Management Group LLC now owns 7,760 shares of the company’s stock worth $1,171,000 after acquiring an additional 124 shares during the last quarter. TD Asset Management Inc lifted its stake in shares of Vertiv by 6.3% in the third quarter. TD Asset Management Inc now owns 69,552 shares of the company’s stock worth $10,493,000 after acquiring an additional 4,117 shares during the period. Finally, Waratah Capital Advisors Ltd. bought a new stake in Vertiv in the third quarter valued at approximately $13,629,000. 89.92% of the stock is owned by institutional investors.

About Vertiv

(Get Free Report)

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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