Vertiv (NYSE:VRT) Price Target Cut to $418.00 by Analysts at Royal Bank Of Canada

by · The Markets Daily

Vertiv (NYSE:VRT – Get Free Report) had its price target cut by equities researchers at Royal Bank Of Canada from $435.00 to $418.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price suggests a potential upside of 40.80% from the stock’s previous close.

Several other analysts have also recently commented on the company. Robert W. Baird initiated coverage on Vertiv in a research report on Wednesday. They set an “outperform” rating and a $370.00 price target for the company. Evercore reissued an “outperform” rating and set a $425.00 price target on shares of Vertiv in a research report on Tuesday, May 12th. Barclays upped their price objective on Vertiv from $345.00 to $412.00 and gave the company an “overweight” rating in a report on Friday, May 15th. JPMorgan Chase & Co. increased their price objective on shares of Vertiv from $305.00 to $350.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Finally, Wall Street Zen cut shares of Vertiv from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 20th. Two equities research 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 stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $342.73.

View Our Latest Report on Vertiv

Vertiv Stock Performance

Shares of Vertiv stock traded down $7.69 during trading on Thursday, hitting $296.88. 832,339 shares of the company’s stock were exchanged, compared to its average volume of 6,794,145. The business has a 50-day simple moving average of $322.36 and a 200-day simple moving average of $268.37. The stock has a market capitalization of $114.04 billion, a price-to-earnings ratio of 74.83, a PEG ratio of 1.31 and a beta of 2.03. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. Vertiv has a 52-week low of $118.70 and a 52-week high of $379.93.

Vertiv (NYSE:VRT – Get Free Report) last posted its earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The firm had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.63 billion. During the same period in the previous year, the business posted $0.64 EPS. The business’s revenue was up 30.1% compared to the same quarter last year. 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 will post 6.38 EPS for the current year.

Hedge Funds Weigh In On Vertiv

Several institutional investors have recently added to or reduced their stakes in VRT. First Community Trust NA increased its holdings in shares of Vertiv by 38.7% in the second quarter. First Community Trust NA now owns 3,615 shares of the company’s stock valued at $1,210,000 after purchasing an additional 1,009 shares during the period. Annex Advisory Services LLC boosted its holdings in shares of Vertiv by 3.4% in the second quarter. Annex Advisory Services LLC now owns 132,751 shares of the company’s stock valued at $44,448,000 after acquiring an additional 4,359 shares in the last quarter. Family Wealth Partners LLC acquired a new stake in Vertiv in the second quarter valued at about $201,000. Tema ETFs LLC boosted its holdings in Vertiv by 10.7% in the 2nd quarter. Tema ETFs LLC now owns 67,162 shares of the company’s stock valued at $22,487,000 after purchasing an additional 6,471 shares in the last quarter. Finally, Clarus Wealth Advisors purchased a new position in shares of Vertiv during the 2nd quarter worth approximately $1,839,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

About Vertiv

(Get Free Report)

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.

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