Vertiv (NYSE:VRT) Trading Down 2.7% – What’s Next?

by · The Markets Daily

Vertiv Holdings Co. (NYSE:VRTGet Free Report)’s share price traded down 2.7% during mid-day trading on Monday . The stock traded as low as $249.97 and last traded at $254.9760. 3,968,648 shares were traded during trading, a decline of 40% from the average session volume of 6,659,576 shares. The stock had previously closed at $261.95.

Wall Street Analyst Weigh In

VRT has been the subject of a number of analyst reports. Mizuho set a $380.00 price objective on shares of Vertiv in a research report on Thursday, May 21st. Royal Bank Of Canada dropped their target price on Vertiv from $418.00 to $337.00 and set an “outperform” rating on the stock in a research report on Thursday, July 30th. TD Cowen lifted their target price on Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Evercore set a $375.00 price target on Vertiv in a research note on Wednesday, July 29th. Finally, KeyCorp reduced their price target on Vertiv from $360.00 to $325.00 and set an “overweight” rating for the company in a report on Thursday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Vertiv has a consensus rating of “Buy” and an average price target of $357.83.

Read Our Latest Stock Report on Vertiv

Vertiv Trading Up 0.2%

The stock has a market cap of $98.37 billion, a P/E ratio of 57.81, a price-to-earnings-growth ratio of 1.05 and a beta of 2.06. The firm’s 50 day simple moving average is $292.63 and its two-hundred day simple moving average is $288.52. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62.

Vertiv (NYSE:VRTGet Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The business had revenue of $3.27 billion for the quarter, compared to analysts’ expectations of $3.38 billion. During the same period in the prior year, the firm earned $0.95 EPS. The business’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. As a group, equities research analysts predict that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is presently 5.66%.

Institutional Trading of Vertiv

A number of large investors have recently modified their holdings of the company. HighTower Advisors LLC boosted its stake in Vertiv by 1.7% during the 2nd quarter. HighTower Advisors LLC now owns 129,978 shares of the company’s stock valued at $43,519,000 after purchasing an additional 2,168 shares during the period. Groupe la Francaise grew its holdings in Vertiv by 293.3% in the 2nd quarter. Groupe la Francaise now owns 104,073 shares of the company’s stock worth $34,859,000 after buying an additional 77,610 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Vertiv in the 2nd quarter valued at approximately $9,135,000. California State Teachers Retirement System boosted its position in Vertiv by 33,242.5% during the 2nd quarter. California State Teachers Retirement System now owns 185,501,329 shares of the company’s stock worth $62,109,555,000 after acquiring an additional 184,944,978 shares during the period. Finally, Greenland Capital Management LP bought a new position in Vertiv in the 2nd quarter valued at about $598,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Company Profile

(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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