Vertiv (NYSE:VRT) Stock Moved Down to Hold by Wall Street Zen

Wall Street Zen lowered shares of Vertiv (NYSE:VRT) from a buy rating to a hold rating in a research note released on Saturday morning,Wall Street Zen reports.

A number of other equities research analysts have also issued reports on VRT. Evercore set a $375.00 price objective on shares of Vertiv in a report on Wednesday, July 29th. BMO Capital Markets started coverage on shares of Vertiv in a research report on Sunday, October 4th. They set an “outperform” rating and a $329.00 price objective for the company. UBS Group reaffirmed a “buy” rating and set a $370.00 target price on shares of Vertiv in a research note on Thursday, July 30th. KeyCorp reduced their target price on shares of Vertiv from $360.00 to $325.00 and set an “overweight” rating on the stock in a research note on Thursday, July 30th. Finally, Royal Bank Of Canada decreased their target price on shares of Vertiv from $337.00 to $323.00 and set an “outperform” rating on the stock in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $335.67.

Vertiv Trading Down 4.0%

Shares of VRT stock opened at $206.07 on Friday. Vertiv has a fifty-two week low of $147.82 and a fifty-two week high of $379.93. The firm has a market capitalization of $79.34 billion, a P/E ratio of 46.62, a PEG ratio of 0.77 and a beta of 2.05. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.38. The stock’s fifty day moving average is $255.71 and its two-hundred day moving average is $288.75.

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

Vertiv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Monday, September 14th were given a $0.0625 dividend. 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%.

Insider Activity at Vertiv

In other news, Director Edward Monser sold 15,287 shares of the company’s stock in a transaction on 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 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 SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by company insiders.

Institutional Trading of Vertiv

A number of hedge funds and other institutional investors have recently modified their holdings of the business. State Street Corp increased its position in shares of Vertiv by 4.5% during the second quarter. State Street Corp now owns 16,531,530 shares of the company’s stock valued at $5,535,087,000 after acquiring an additional 704,970 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of Vertiv by 14.1% in the second quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company’s stock valued at $1,270,428,000 after acquiring an additional 468,380 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in Vertiv by 1.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,709,276 shares of the company’s stock valued at $678,890,000 after purchasing an additional 51,328 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Vertiv by 33.7% in the first 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 lifted its position in shares of Vertiv by 1.1% during the 2nd quarter. Legal & General Group Plc now owns 2,138,967 shares of the company’s stock worth $716,169,000 after purchasing an additional 23,444 shares during the last quarter. 89.92% of the stock is owned by institutional investors and hedge funds.

Vertiv Company Profile

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.