Vertiv (NYSE:VRT) Stock Gets Price Target Trim from Mizuho

Vertiv (NYSE:VRT) had its price objective lowered by Mizuho from $300.00 to $280.00 in a research report released on Thursday,Benzinga reports. Mizuho currently has an outperform rating on the stock.

VRT has been the topic of several other research reports. UBS Group reissued a “buy” rating and set a $370.00 target price on shares of Vertiv in a research report on Thursday, July 30th. Loop Capital decreased their price target on Vertiv from $500.00 to $400.00 and set a “buy” rating on the stock in a report on Friday, July 31st. BMO Capital Markets started coverage on Vertiv in a research report on Sunday, October 4th. They issued an “outperform” rating and a $329.00 price target for the company. Jefferies Financial Group dropped their price objective on shares of Vertiv from $320.00 to $245.00 and set a “hold” rating for the company in a research note on Thursday, July 30th. Finally, KeyCorp cut their price objective on shares of Vertiv from $360.00 to $325.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Vertiv presently has an average rating of “Moderate Buy” and a consensus target price of $335.67.

Vertiv Stock Performance

Vertiv stock opened at $206.07 on Thursday. The company’s 50-day moving average price is $255.71 and its 200-day moving average price is $288.75. Vertiv has a twelve month low of $147.82 and a twelve month high of $379.93. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62. The company has a market cap of $79.34 billion, a PE ratio of 46.62, a price-to-earnings-growth ratio of 0.77 and a beta of 2.05.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.09. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The firm 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 company earned $0.95 EPS. The business’s revenue was up 24.1% compared to the same quarter last year. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. On average, equities research analysts forecast that Vertiv will post 6.73 EPS for the current fiscal year.

Vertiv Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Monday, September 14th were paid a dividend of $0.0625 per share. The ex-dividend date of this dividend was Monday, September 14th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is currently 5.66%.

Insider Activity at Vertiv

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

Hedge Funds Weigh In On Vertiv

A number of large investors have recently bought and sold shares of VRT. Perpetual Ltd grew its stake in Vertiv by 6,110.5% in the third quarter. Perpetual Ltd now owns 114,397 shares of the company’s stock worth $27,605,000 after purchasing an additional 112,555 shares in the last quarter. Ritholtz Wealth Management increased its holdings in Vertiv by 137.5% during the 1st quarter. Ritholtz Wealth Management now owns 7,238 shares of the company’s stock worth $1,814,000 after purchasing an additional 4,190 shares during the period. NFSG Corp increased its holdings in Vertiv by 325.4% during the 3rd quarter. NFSG Corp now owns 8,984 shares of the company’s stock worth $2,168,000 after purchasing an additional 6,872 shares during the period. Healthcare of Ontario Pension Plan Trust Fund raised its position in Vertiv by 536.3% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 76,358 shares of the company’s stock valued at $19,134,000 after purchasing an additional 64,358 shares in the last quarter. Finally, NBZ Investment Advisors LLC bought a new stake in Vertiv during the 1st quarter valued at $1,204,000. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Company Profile

Vertiv Holdings Co (NYSE: VRT) designs, manufactures and services critical digital infrastructure that supports data centers, communication networks and other facilities requiring reliable power and environmental control. Its solutions are used by cloud and colocation providers, telecommunications companies, enterprises, industrial organizations and edge-computing operators.

The company’s offerings include uninterruptible power supplies, power distribution and management systems, thermal-management and cooling equipment, integrated racks and enclosures, modular infrastructure, and monitoring and control software.