Vertiv (NYSE:VRT) Downgraded to “Hold” Rating by Zacks Research

Zacks Research lowered shares of Vertiv (NYSE:VRT) from a strong-buy rating to a hold rating in a research report released on Thursday,Zacks.com reports.

A number of other brokerages have also recently weighed in on VRT. Oppenheimer boosted their price objective on shares of Vertiv from $140.00 to $151.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. raised their price target on Vertiv from $127.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. Rothschild & Co Redburn started coverage on Vertiv in a research note on Wednesday, August 20th. They issued a “neutral” rating and a $135.00 price objective on the stock. Citigroup increased their target price on Vertiv from $130.00 to $149.00 and gave the company a “buy” rating in a research note on Monday, July 14th. Finally, Glj Research initiated coverage on Vertiv in a research report on Tuesday, August 19th. They issued a “sell” rating and a $112.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Vertiv currently has an average rating of “Moderate Buy” and an average price target of $144.95.

Vertiv Price Performance

Shares of NYSE:VRT opened at $160.45 on Thursday. The stock has a market capitalization of $61.27 billion, a P/E ratio of 76.77, a P/E/G ratio of 1.42 and a beta of 1.84. The business has a 50-day moving average of $137.27 and a two-hundred day moving average of $113.78. Vertiv has a fifty-two week low of $53.60 and a fifty-two week high of $168.99. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.12. The business had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.36 billion. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The firm’s revenue for the quarter was up 35.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, equities research analysts predict that Vertiv will post 3.59 EPS for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were given a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv’s dividend payout ratio is 7.18%.

Insider Buying and Selling

In related news, Director Steven Reinemund sold 100,000 shares of the business’s stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total value of $12,822,000.00. Following the sale, the director owned 133,333 shares of the company’s stock, valued at $17,095,957.26. The trade was a 42.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Paul Ryan sold 22,218 shares of the stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total value of $2,829,240.12. Following the transaction, the insider owned 12,803 shares of the company’s stock, valued at $1,630,334.02. This represents a 63.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 180,952 shares of company stock valued at $23,360,571 over the last ninety days. Company insiders own 2.63% of the company’s stock.

Institutional Investors Weigh In On Vertiv

A number of hedge funds have recently made changes to their positions in VRT. GAMMA Investing LLC grew its stake in Vertiv by 6,323.9% during the first quarter. GAMMA Investing LLC now owns 183,532 shares of the company’s stock worth $13,251,000 after buying an additional 180,675 shares during the last quarter. Merit Financial Group LLC grew its position in Vertiv by 113.5% during the 1st quarter. Merit Financial Group LLC now owns 13,709 shares of the company’s stock worth $990,000 after acquiring an additional 7,287 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its position in Vertiv by 18.9% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 19,693 shares of the company’s stock worth $1,422,000 after acquiring an additional 3,124 shares during the last quarter. Intellectus Partners LLC increased its holdings in Vertiv by 4.9% during the 1st quarter. Intellectus Partners LLC now owns 8,920 shares of the company’s stock valued at $644,000 after purchasing an additional 420 shares in the last quarter. Finally, StoneCrest Wealth Management Inc. bought a new position in Vertiv in the 1st quarter valued at $562,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Company Profile

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.