Vertiv (NYSE:VRT) Stock Falls 2.6% – Here’s Why

Vertiv Holdings Co. (NYSE:VRT) fell 2.6% during trading on Wednesday. The company traded as low as $241.27 and last traded at $241.9520. Approximately 4,148,201 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 6,437,100 shares. The stock had previously closed at $248.34.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Oppenheimer reaffirmed an “outperform” rating and issued a $325.00 price target on shares of Vertiv in a research note on Thursday, July 30th. Evercore set a $375.00 price objective on shares of Vertiv in a report on Wednesday, July 29th. UBS Group reaffirmed a “buy” rating and set a $370.00 price target on shares of Vertiv in a research report on Thursday, July 30th. 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. Finally, Zacks Research cut shares of Vertiv from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 31st. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $357.08.

Vertiv Trading Up 2.1%

The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.38. The firm has a market cap of $94.83 billion, a P/E ratio of 55.73, a PEG ratio of 0.99 and a beta of 2.05. The company has a 50 day moving average of $261.44 and a 200 day moving average of $290.90.

Vertiv (NYSE:VRT) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.09. The business had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The firm’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.95 earnings per share. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Analysts predict that Vertiv Holdings Co. will post 6.73 EPS for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Monday, September 14th 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, September 14th. Vertiv’s payout ratio is 5.66%.

Insider Buying and Selling at Vertiv

In other Vertiv news, Director Edward Monser sold 15,287 shares of the firm’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total value of $3,880,146.34. Following the sale, the director owned 16,500 shares of the company’s stock, valued at approximately $4,188,030. This trade represents a 48.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Vertiv

A number of hedge funds have recently added to or reduced their stakes in VRT. Sachetta LLC grew its holdings in Vertiv by 41.4% during the first quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after purchasing an additional 36 shares during the period. Cornerstone Planning Group LLC lifted its position in Vertiv by 60.5% in the first quarter. Cornerstone Planning Group LLC now owns 130 shares of the company’s stock valued at $33,000 after purchasing an additional 49 shares during the last quarter. Burkett Financial Services LLC bought a new position in shares of Vertiv during the third quarter valued at approximately $35,000. GoalVest Advisory LLC boosted its holdings in shares of Vertiv by 87.3% during the 2nd quarter. GoalVest Advisory LLC now owns 148 shares of the company’s stock valued at $50,000 after buying an additional 69 shares in the last quarter. Finally, Center for Financial Planning Inc. lifted its stake in shares of Vertiv by 554.2% in the first quarter. Center for Financial Planning Inc. now owns 157 shares of the company’s stock worth $39,000 after buying an additional 133 shares in the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

About Vertiv

Vertiv Holdings Co provides digital infrastructure and continuity solutions for data centers, communication networks, and other technology-intensive facilities. The company helps customers design, build, operate, and maintain infrastructure that supports the availability, performance, and efficiency of critical digital systems.

Its product portfolio includes power management and distribution equipment, uninterruptible power supplies, switchgear, busways, racks, integrated modular systems, and data center infrastructure.