Vertiv (NYSE:VRT) Trading Down 3.5% – Here’s Why

Vertiv Holdings Co. (NYSE:VRT) shares fell 3.5% on Thursday . The company traded as low as $296.45 and last traded at $300.4870. Approximately 5,869,671 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 6,998,173 shares. The stock had previously closed at $311.42.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Bank of America increased their target price on shares of Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a report on Friday, May 15th. HSBC started coverage on shares of Vertiv in a research note on Wednesday, March 25th. They issued a “buy” rating and a $325.00 price target for the company. Citigroup raised their price objective on Vertiv from $353.00 to $414.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. The Goldman Sachs Group lifted their price objective on Vertiv from $277.00 to $311.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Finally, Roth Mkm reissued a “buy” rating and issued a $355.00 target price on shares of Vertiv in a research note on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $326.39.

Vertiv Trading Down 0.0%

The stock has a market capitalization of $115.42 billion, a P/E ratio of 75.50, a P/E/G ratio of 1.30 and a beta of 2.03. The firm’s 50 day moving average price is $324.54 and its 200 day moving average price is $259.17. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The company had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.63 billion. During the same period last year, the firm earned $0.64 earnings per share. Vertiv’s quarterly revenue was up 30.1% on a year-over-year basis. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. As a group, equities research analysts expect that Vertiv Holdings Co. will post 6.37 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given 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, June 15th. Vertiv’s payout ratio is presently 6.28%.

Institutional Trading of Vertiv

Several large investors have recently bought and sold shares of the company. State Street Corp grew its position in shares of Vertiv by 2.8% in the 4th quarter. State Street Corp now owns 8,694,900 shares of the company’s stock worth $1,408,661,000 after buying an additional 235,577 shares during the period. Geode Capital Management LLC lifted its position in Vertiv by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock valued at $1,141,723,000 after acquiring an additional 143,821 shares during the period. Invesco Ltd. lifted its position in Vertiv by 2.1% during the 4th quarter. Invesco Ltd. now owns 5,974,205 shares of the company’s stock valued at $967,881,000 after acquiring an additional 121,618 shares during the period. Norges Bank bought a new stake in Vertiv during the fourth quarter worth about $808,701,000. Finally, Northern Trust Corp boosted its stake in Vertiv by 3.6% during the fourth quarter. Northern Trust Corp now owns 2,811,745 shares of the company’s stock worth $455,531,000 after acquiring an additional 97,141 shares in the last quarter. 89.92% of the stock is owned by institutional investors.

About Vertiv

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.