Vertiv (NYSE:VRT) Stock Price Down 7.2% – Here’s What Happened

Vertiv Holdings Co. (NYSE:VRT) was down 7.2% during mid-day trading on Friday . The stock traded as low as $294.39 and last traded at $300.4380. Approximately 7,275,829 shares changed hands during mid-day trading, an increase of 5% from the average daily volume of 6,912,191 shares. The stock had previously closed at $323.92.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on VRT shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $281.00 price target on shares of Vertiv in a research report on Thursday, February 12th. Roth Mkm restated a “buy” rating and issued a $355.00 price target on shares of Vertiv in a research report on Thursday, May 21st. Citigroup upped their price target on shares of Vertiv from $353.00 to $414.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. TD Cowen increased their price objective on shares of Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Finally, Morgan Stanley increased their price objective on shares of Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $322.32.

Vertiv Price Performance

The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15. The firm has a market capitalization of $115.40 billion, a price-to-earnings ratio of 75.49, a PEG ratio of 1.30 and a beta of 2.03. The business’s fifty day simple moving average is $311.65 and its 200 day simple moving average is $239.87.

Vertiv (NYSE:VRT) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. The business had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The business’s quarterly revenue was up 30.1% on a year-over-year basis. During the same period last year, the company posted $0.64 earnings per share. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. On average, research analysts forecast that Vertiv Holdings Co. will post 6.36 EPS for the current year.

Vertiv Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be issued a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is presently 6.28%.

Institutional Investors Weigh In On Vertiv

Large investors have recently bought and sold shares of the stock. CreativeOne Wealth LLC lifted its position in shares of Vertiv by 187.8% during the third quarter. CreativeOne Wealth LLC now owns 10,646 shares of the company’s stock valued at $1,606,000 after purchasing an additional 6,947 shares in the last quarter. Plato Investment Management Ltd lifted its position in shares of Vertiv by 272.7% during the third quarter. Plato Investment Management Ltd now owns 8,825 shares of the company’s stock valued at $1,321,000 after purchasing an additional 6,457 shares in the last quarter. Lingotto Investment Management LLP bought a new position in shares of Vertiv during the fourth quarter valued at about $2,641,000. Norges Bank bought a new position in shares of Vertiv during the fourth quarter valued at about $808,701,000. Finally, Sterling Investment Advisors Ltd. lifted its position in shares of Vertiv by 26.1% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock valued at $3,641,000 after purchasing an additional 4,645 shares in the last quarter. 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.