Vertiv (NYSE:VRT) Stock Price Down 3.2% – Should You Sell?

Vertiv Holdings Co. (NYSE:VRT)’s share price was down 3.2% during mid-day trading on Wednesday . The company traded as low as $173.01 and last traded at $173.2760. Approximately 5,994,685 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 8,731,172 shares. The stock had previously closed at $179.05.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Citigroup increased their target price on shares of Vertiv from $192.00 to $198.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. JPMorgan Chase & Co. raised their price objective on shares of Vertiv from $150.00 to $206.00 and gave the stock an “overweight” rating in a report on Wednesday, October 15th. The Goldman Sachs Group set a $182.00 price objective on shares of Vertiv in a research note on Thursday, October 23rd. KGI Securities upgraded Vertiv from a “hold” rating to an “outperform” rating in a research report on Thursday, October 23rd. Finally, Oppenheimer raised their price target on Vertiv from $190.00 to $195.00 and gave the stock an “outperform” rating in a report on Thursday, October 23rd. Two analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Vertiv has a consensus rating of “Moderate Buy” and an average target price of $177.81.

Vertiv Stock Down 3.2%

The stock’s fifty day moving average price is $161.70 and its 200 day moving average price is $134.54. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83. The stock has a market cap of $66.25 billion, a P/E ratio of 65.39, a price-to-earnings-growth ratio of 1.52 and a beta of 1.87.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.25. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The company had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.59 billion. During the same period in the previous year, the business earned $0.76 earnings per share. The firm’s quarterly revenue was up 29.0% compared to the same quarter last year. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. As a group, research analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were issued a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv’s dividend payout ratio (DPR) is currently 5.66%.

Insider Transactions at Vertiv

In related news, Director Steven Reinemund sold 100,000 shares of the stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the transaction, the director owned 133,333 shares of the company’s stock, valued at approximately $17,095,957.26. This trade represents a 42.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Karsten Winther sold 41,654 shares of the business’s stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the completion of the sale, the insider directly owned 18,848 shares of the company’s stock, valued at $2,529,590.08. This represents a 68.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 180,952 shares of company stock worth $23,360,571 in the last three months. Corporate insiders own 2.63% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of VRT. Norges Bank purchased a new position in Vertiv in the 2nd quarter worth approximately $538,132,000. Winslow Capital Management LLC purchased a new stake in shares of Vertiv in the 2nd quarter worth about $459,284,000. Amundi boosted its stake in shares of Vertiv by 96.8% during the 1st quarter. Amundi now owns 6,951,773 shares of the company’s stock valued at $469,490,000 after purchasing an additional 3,420,144 shares in the last quarter. 1832 Asset Management L.P. increased its position in shares of Vertiv by 985.3% during the first quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company’s stock valued at $166,183,000 after buying an additional 2,089,612 shares during the period. Finally, Nordea Investment Management AB raised its stake in Vertiv by 100.1% in the second quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock worth $415,132,000 after buying an additional 1,624,456 shares in the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

About Vertiv

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.