Vertiv (NYSE:VRT) Stock Price Down 1.4% – Here’s What Happened

Vertiv Holdings Co. (NYSE:VRT) shares traded down 1.4% during mid-day trading on Tuesday. The company traded as low as $197.90 and last traded at $203.1180. Approximately 6,670,868 shares were traded during trading, an increase of 5% from the average daily volume of 6,366,544 shares. The stock had previously closed at $206.08.

Analyst Upgrades and Downgrades

VRT has been the topic of several recent analyst reports. Citigroup reduced their price objective on shares of Vertiv from $414.00 to $358.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Wall Street Zen lowered shares of Vertiv from a “buy” rating to a “hold” rating in a research report on Saturday. Royal Bank Of Canada cut their target price on shares of Vertiv from $337.00 to $323.00 and set an “outperform” rating for the company in a research note on Wednesday, October 14th. Mizuho cut their target price on shares of Vertiv from $300.00 to $280.00 and set an “outperform” rating for the company in a research note on Thursday, October 15th. Finally, BNP Paribas Exane reduced their price target on shares of Vertiv from $380.00 to $365.00 and set an “outperform” rating on the stock in a report on Friday, July 31st. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Vertiv currently has a consensus rating of “Moderate Buy” and an average target price of $335.67.

Vertiv Trading Down 1.4%

The company has a current ratio of 1.38, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62. The stock has a 50 day simple moving average of $254.42 and a 200-day simple moving average of $288.82. The firm has a market cap of $78.20 billion, a P/E ratio of 45.95, a P/E/G ratio of 0.77 and a beta of 2.05.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) 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 analysts’ expectations of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%. The company’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same period in the prior 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. On average, equities research analysts expect that Vertiv Holdings Co. will post 6.73 EPS for the current fiscal year.

Vertiv Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Monday, September 14th were paid a dividend of $0.0625 per share. The ex-dividend date of this dividend was Monday, September 14th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio is presently 5.66%.

Insider Transactions at Vertiv

In other Vertiv news, Director Edward Monser sold 15,287 shares of the stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the completion of the transaction, the director owned 16,500 shares in the company, valued at $4,188,030. This trade represents a 48.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Vertiv

Institutional investors and hedge funds have recently made changes to their positions in the business. Sankala Group LLC purchased a new position in Vertiv in the fourth quarter worth about $27,000. MidFirst Bank bought a new stake in Vertiv during the fourth quarter worth approximately $31,000. Sachetta LLC raised its position in Vertiv by 41.4% during the first quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after purchasing an additional 36 shares during the period. Cornerstone Planning Group LLC raised its position in Vertiv by 60.5% during the first quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock valued at $33,000 after purchasing an additional 49 shares during the period. Finally, Burkett Financial Services LLC bought a new stake in shares of Vertiv in the 3rd quarter valued at approximately $35,000. 89.92% of the stock is owned by hedge funds and other institutional investors.

About Vertiv

Vertiv Holdings Co (NYSE: VRT) designs, manufactures and services critical digital infrastructure that supports data centers, communication networks and other facilities requiring reliable power and environmental control. Its solutions are used by cloud and colocation providers, telecommunications companies, enterprises, industrial organizations and edge-computing operators.

The company’s offerings include uninterruptible power supplies, power distribution and management systems, thermal-management and cooling equipment, integrated racks and enclosures, modular infrastructure, and monitoring and control software.