Vertiv (NYSE:VRT) Stock Gets Price Target Trim from Royal Bank Of Canada

Vertiv (NYSE:VRT) had its price target cut by Royal Bank Of Canada from $337.00 to $323.00 in a research report report published on Wednesday morning,Benzinga reports. They currently have an outperform rating on the stock.

VRT has been the topic of several other reports. Evercore set a $375.00 target price on shares of Vertiv in a report on Wednesday, July 29th. Sanford C. Bernstein reissued an “outperform” rating on shares of Vertiv in a report on Monday, September 28th. HSBC lowered their price objective on shares of Vertiv from $376.00 to $365.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Bank of America lowered their price objective on shares of Vertiv from $440.00 to $375.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Finally, Wall Street Zen raised Vertiv from a “hold” rating to a “buy” rating in a research note on Saturday, September 19th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Vertiv currently has a consensus rating of “Moderate Buy” and an average target price of $335.67.

Vertiv Stock Performance

Shares of VRT stock opened at $206.07 on Wednesday. The stock has a market cap of $79.34 billion, a PE ratio of 46.62, a price-to-earnings-growth ratio of 0.80 and a beta of 2.05. The stock has a 50-day moving average of $255.71 and a 200-day moving average of $288.75. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. Vertiv has a one year low of $147.82 and a one year high of $379.93.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.09. The business had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. Vertiv’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.95 EPS. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. As a group, sell-side analysts expect that Vertiv will post 6.73 earnings per share for the current year.

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Monday, September 14th were issued a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, September 14th. Vertiv’s dividend payout ratio (DPR) is 5.66%.

Insider Buying and Selling

In other Vertiv news, Director Edward Monser sold 15,287 shares of Vertiv stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total value of $3,880,146.34. Following the transaction, the director owned 16,500 shares of the company’s stock, valued at approximately $4,188,030. The trade was a 48.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Vertiv

Large investors have recently made changes to their positions in the stock. Jupiter Topco LLC acquired a new position in Vertiv in the 2nd quarter worth $441,083,000. State Street Corp increased its holdings in Vertiv by 4.5% during the 2nd quarter. State Street Corp now owns 16,531,530 shares of the company’s stock worth $5,535,087,000 after purchasing an additional 704,970 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Vertiv by 33.7% in the 1st quarter. Bank of New York Mellon Corp now owns 2,410,642 shares of the company’s stock valued at $604,059,000 after purchasing an additional 608,176 shares during the period. OP Asset Management Ltd acquired a new stake in shares of Vertiv in the 1st quarter valued at about $119,633,000. Finally, Wellington Management Group LLP raised its stake in shares of Vertiv by 14.1% in the 2nd quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company’s stock valued at $1,270,428,000 after purchasing an additional 468,380 shares during the period. Institutional investors own 89.92% of the company’s stock.

About Vertiv

Vertiv Holdings Co provides digital infrastructure and continuity solutions for data centers, communication networks, and other technology-intensive facilities. The company helps customers design, build, operate, and maintain infrastructure that supports the availability, performance, and efficiency of critical digital systems.

Its product portfolio includes power management and distribution equipment, uninterruptible power supplies, switchgear, busways, racks, integrated modular systems, and data center infrastructure.