Vertiv (NYSE:VRT) Downgraded by Zacks Research to “Hold”

Vertiv (NYSE:VRT) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday, Zacks reports.

Other analysts also recently issued research reports about the stock. KeyCorp cut their price objective on shares of Vertiv from $360.00 to $325.00 and set an “overweight” rating for the company in a report on Thursday, July 30th. Citigroup lowered their target price on Vertiv from $414.00 to $358.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Robert W. Baird set a $320.00 price target on Vertiv in a research report on Thursday, July 30th. Oppenheimer reaffirmed an “outperform” rating and issued a $325.00 price target on shares of Vertiv in a report on Thursday, July 30th. Finally, TD Cowen lifted their price objective on Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $357.83.

Vertiv Trading Down 0.9%

Shares of VRT opened at $256.48 on Monday. Vertiv has a 52-week low of $118.70 and a 52-week high of $379.93. The stock has a market cap of $98.74 billion, a PE ratio of 58.03, a price-to-earnings-growth ratio of 1.06 and a beta of 2.07. The firm’s fifty day moving average is $285.51 and its two-hundred day moving average is $290.50. 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 issued its earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.09. The business had revenue of $3.27 billion during the quarter, compared to analysts’ expectations 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 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. Research analysts forecast that Vertiv will post 6.7 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Vertiv

Institutional investors and hedge funds have recently bought and sold shares of the company. Vermillion & White Wealth Management Group LLC grew its stake in shares of Vertiv by 58.3% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after buying an additional 56 shares during the period. Sankala Group LLC purchased a new stake in shares of Vertiv during the 4th quarter valued at approximately $27,000. Meeder Asset Management Inc. raised its position in shares of Vertiv by 211.3% during the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after buying an additional 112 shares during the period. Rossby Financial LCC acquired a new position in Vertiv in the fourth quarter valued at approximately $27,000. Finally, Cullen Frost Bankers Inc. grew its position in Vertiv by 98.9% in the fourth quarter. Cullen Frost Bankers Inc. now owns 187 shares of the company’s stock worth $30,000 after acquiring an additional 93 shares during the period. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Vertiv Company Profile

Vertiv is a global provider of critical digital infrastructure and continuity solutions for data centers, communication networks and commercial and industrial environments. Headquartered in Columbus, Ohio, the company designs, manufactures and services equipment and software that support power availability, thermal management and IT infrastructure management for a broad set of end markets, including hyperscale and enterprise data centers, colocation providers, telecom operators and industrial customers.

The company’s product portfolio includes uninterruptible power supplies (UPS), power distribution units (PDUs), battery and DC power systems, precision cooling and thermal management equipment, racks and enclosures, and integrated modular infrastructure.