Vertiv (NYSE:VRT) Stock Falls 2.6% – Here’s What Happened

Vertiv Holdings Co. (NYSE:VRT)’s share price dropped 2.6% during trading on Wednesday. The company traded as low as $239.64 and last traded at $246.6190. 5,465,241 shares traded hands during trading, a decline of 14% from the average session volume of 6,374,228 shares. The stock had previously closed at $253.14.

Wall Street Analyst Weigh In

VRT has been the topic of several research reports. Wall Street Zen raised shares of Vertiv from a “hold” rating to a “buy” rating in a research report on Saturday, September 19th. Robert W. Baird set a $320.00 target price on shares of Vertiv in a research note on Thursday, July 30th. Weiss Ratings lowered shares of Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, August 14th. KeyCorp cut their price objective on Vertiv from $360.00 to $325.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. Finally, BMO Capital Markets began coverage on Vertiv in a research note on Sunday. They issued an “outperform” rating and a $329.00 price objective on the stock. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $348.24.

Vertiv Trading Down 2.6%

The company’s fifty day moving average is $259.68 and its two-hundred day moving average is $290.62. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62. The stock has a market cap of $94.95 billion, a price-to-earnings ratio of 55.80, a PEG ratio of 0.94 and a beta of 2.05.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.09. The company had revenue of $3.27 billion for 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 quarterly revenue was up 24.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $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, research analysts predict that Vertiv Holdings Co. will post 6.73 EPS for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, September 14th. Vertiv’s payout ratio is 5.66%.

Insider Activity

In other news, Director Edward Monser sold 15,287 shares of the 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 transaction, the director owned 16,500 shares in the company, valued at approximately $4,188,030. This represents a 48.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Vertiv

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VRT. SFE Investment Counsel grew its holdings in shares of Vertiv by 1.1% in the 1st quarter. SFE Investment Counsel now owns 3,052 shares of the company’s stock valued at $765,000 after buying an additional 32 shares during the period. Versant Capital Management Inc raised its stake in Vertiv by 3.0% during the 2nd quarter. Versant Capital Management Inc now owns 1,156 shares of the company’s stock worth $387,000 after buying an additional 34 shares during the period. Webster Bank N. A. lifted its holdings in Vertiv by 6.9% during the first quarter. Webster Bank N. A. now owns 542 shares of the company’s stock worth $136,000 after acquiring an additional 35 shares in the last quarter. Sachetta LLC grew its stake in Vertiv by 41.4% in the first quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after acquiring an additional 36 shares during the period. Finally, Pincus Capital Management LP increased its holdings in shares of Vertiv by 0.8% in the first quarter. Pincus Capital Management LP now owns 4,713 shares of the company’s stock worth $1,181,000 after acquiring an additional 38 shares in the last quarter. 89.92% of the stock is owned by institutional investors and hedge funds.

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.