Vertiv (NYSE:VRT) Shares Down 1.4% – Time to Sell?

Shares of Vertiv Holdings Co. (NYSE:VRT) were down 1.4% during trading on Monday. The company traded as low as $237.40 and last traded at $239.4820. 3,508,413 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 6,346,243 shares. The stock had previously closed at $242.78.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft dropped their price objective on Vertiv from $331.00 to $323.00 and set a “buy” rating for the company in a research report on Wednesday, September 30th. Loop Capital decreased their target price on Vertiv from $500.00 to $400.00 and set a “buy” rating on the stock in a research report on Friday, July 31st. Jefferies Financial Group decreased their target price on Vertiv from $320.00 to $245.00 and set a “hold” rating on the stock in a research report on Thursday, July 30th. UBS Group reissued a “buy” rating and set a $370.00 target price on shares of Vertiv in a research note on Thursday, July 30th. Finally, Citigroup dropped their target price on shares of Vertiv from $414.00 to $358.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $337.67.

Vertiv Trading Down 1.4%

The business’s 50 day simple moving average is $260.50 and its two-hundred day simple moving average is $290.28. The stock has a market cap of $92.20 billion, a P/E ratio of 54.18, a PEG ratio of 0.90 and a beta of 2.05. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62.

Vertiv (NYSE:VRT) last announced its quarterly earnings results 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 company had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The company’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.95 earnings per share. 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, analysts expect that Vertiv Holdings Co. will post 6.73 EPS for the current year.

Vertiv Dividend Announcement

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

Insiders Place Their Bets

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

Hedge Funds Weigh In On Vertiv

Several large investors have recently bought and sold shares of VRT. State Street Corp raised its holdings in Vertiv by 4.5% in the 2nd quarter. State Street Corp now owns 16,531,530 shares of the company’s stock valued at $5,535,087,000 after buying an additional 704,970 shares during the last quarter. Wellington Management Group LLP grew its holdings in Vertiv by 14.1% during the 2nd quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company’s stock worth $1,270,428,000 after acquiring an additional 468,380 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Vertiv by 1.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,709,276 shares of the company’s stock worth $678,890,000 after acquiring an additional 51,328 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Vertiv by 33.7% during the 1st quarter. Bank of New York Mellon Corp now owns 2,410,642 shares of the company’s stock worth $604,059,000 after acquiring an additional 608,176 shares during the last quarter. Finally, Legal & General Group Plc increased its position in Vertiv by 1.1% in the 2nd quarter. Legal & General Group Plc now owns 2,138,967 shares of the company’s stock valued at $716,169,000 after acquiring an additional 23,444 shares during the period. 89.92% of the stock is currently owned by institutional investors.

Vertiv Company Profile

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.