Royal Bank Of Canada Cuts Vertiv (NYSE:VRT) Price Target to $418.00

Vertiv (NYSE:VRTFree Report) had its target price lowered by Royal Bank Of Canada from $435.00 to $418.00 in a research note published on Thursday morning, MarketBeat reports. The firm currently has an outperform rating on the stock.

VRT has been the topic of a number of other research reports. Glj Research upgraded Vertiv from a “sell” rating to a “hold” rating in a research note on Thursday, June 18th. BNP Paribas Exane started coverage on shares of Vertiv in a research report on Tuesday, April 14th. They issued an “outperform” rating and a $345.00 price objective for the company. Mizuho set a $380.00 target price on shares of Vertiv in a research note on Thursday, May 21st. Loop Capital assumed coverage on shares of Vertiv in a research report on Thursday, May 14th. They set a “buy” rating and a $500.00 target price on the stock. Finally, The Goldman Sachs Group upped their price target on shares of Vertiv from $277.00 to $311.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Vertiv has an average rating of “Moderate Buy” and a consensus price target of $342.73.

Read Our Latest Report on Vertiv

Vertiv Stock Down 1.8%

Vertiv stock opened at $288.79 on Thursday. Vertiv has a 1-year low of $118.70 and a 1-year high of $379.93. The business has a fifty day moving average price of $320.41 and a 200-day moving average price of $269.39. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15. The stock has a market capitalization of $110.93 billion, a price-to-earnings ratio of 72.56, a PEG ratio of 1.25 and a beta of 2.03.

Vertiv (NYSE:VRTGet Free Report) last announced 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 return on equity of 49.90% and a net margin of 14.37%.The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. During the same period in the prior year, the company posted $0.64 EPS. The firm’s quarterly 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. Equities research analysts forecast that Vertiv will post 6.38 EPS for the current fiscal year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were issued a $0.0625 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is currently 6.28%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Empowered Funds LLC boosted its position in Vertiv by 25.9% in the first quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock valued at $834,000 after buying an additional 2,377 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in Vertiv in the 2nd quarter worth approximately $567,000. Cary Street Partners Financial LLC raised its position in Vertiv by 19.8% during the 2nd quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock worth $178,000 after buying an additional 230 shares during the last quarter. Bank of Nova Scotia raised its position in Vertiv by 49.7% during the 2nd quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock worth $3,755,000 after buying an additional 9,712 shares during the last quarter. Finally, Ossiam purchased a new position in Vertiv during the 2nd quarter worth approximately $50,000. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

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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.

Further Reading

Analyst Recommendations for Vertiv (NYSE:VRT)

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