Vertiv (NYSE:VRT) Stock Price Down 6.7% – Time to Sell?

Shares of Vertiv Holdings Co. (NYSE:VRT) fell 6.7% during mid-day trading on Thursday . The company traded as low as $158.08 and last traded at $159.1620. 9,983,062 shares changed hands during trading, an increase of 14% from the average session volume of 8,726,816 shares. The stock had previously closed at $170.65.

Analysts Set New Price Targets

A number of research firms recently issued reports on VRT. Morgan Stanley boosted their price objective on Vertiv from $165.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. KGI Securities upgraded shares of Vertiv from a “hold” rating to an “outperform” rating in a report on Thursday, October 23rd. JPMorgan Chase & Co. boosted their price objective on shares of Vertiv from $150.00 to $206.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Royal Bank Of Canada raised their target price on shares of Vertiv from $191.00 to $196.00 and gave the stock an “outperform” rating in a research report on Thursday, October 23rd. Finally, TD Cowen lifted their price target on shares of Vertiv from $162.00 to $210.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $177.81.

Vertiv Stock Up 0.1%

The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83. The firm has a market cap of $61.09 billion, a PE ratio of 60.29, a P/E/G ratio of 1.30 and a beta of 1.87. The business’s 50-day simple moving average is $167.69 and its 200 day simple moving average is $138.15.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.25. The firm had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The company’s revenue was up 29.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.76 EPS. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. As a group, equities research analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Tuesday, November 25th will be issued a $0.0625 dividend. The ex-dividend date is Tuesday, November 25th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.2%. This is a boost from Vertiv’s previous quarterly dividend of $0.04. Vertiv’s dividend payout ratio (DPR) is 4.15%.

Insider Activity at Vertiv

In other Vertiv news, Director Jakki L. Haussler sold 15,680 shares of Vertiv stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $123.92, for a total value of $1,943,065.60. Following the transaction, the director owned 4,631 shares in the company, valued at $573,873.52. The trade was a 77.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Steven Reinemund sold 100,000 shares of the business’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the completion of the transaction, the director owned 133,333 shares of the company’s stock, valued at $17,095,957.26. This represents a 42.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 139,298 shares of company stock valued at $17,770,188 over the last quarter. 2.63% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Vertiv

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of Vertiv by 2.2% during the 3rd quarter. Vanguard Group Inc. now owns 38,833,036 shares of the company’s stock valued at $5,858,352,000 after purchasing an additional 826,281 shares during the last quarter. State Street Corp grew its stake in shares of Vertiv by 2.3% during the third quarter. State Street Corp now owns 8,459,323 shares of the company’s stock worth $1,276,173,000 after acquiring an additional 189,484 shares during the last quarter. Amundi grew its stake in shares of Vertiv by 96.8% during the first quarter. Amundi now owns 6,951,773 shares of the company’s stock worth $469,490,000 after acquiring an additional 3,420,144 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Vertiv by 3.4% during the second quarter. Geode Capital Management LLC now owns 6,686,778 shares of the company’s stock valued at $856,082,000 after acquiring an additional 219,970 shares in the last quarter. Finally, Invesco Ltd. raised its position in shares of Vertiv by 20.9% in the 2nd quarter. Invesco Ltd. now owns 5,931,488 shares of the company’s stock valued at $761,662,000 after purchasing an additional 1,024,634 shares during the last quarter. Hedge funds and other institutional investors 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.