Vertiv (NYSE:VRT – Get Free Report) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.
Other equities research analysts have also recently issued reports about the stock. Mizuho raised their target price on shares of Vertiv from $125.00 to $150.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 16th. Evercore ISI reaffirmed an “outperform” rating on shares of Vertiv in a research report on Thursday, July 10th. Rothschild Redb raised shares of Vertiv to a “hold” rating in a research report on Wednesday, August 20th. William Blair initiated coverage on shares of Vertiv in a research report on Monday, July 28th. They issued an “outperform” rating for the company. Finally, Barclays raised their target price on shares of Vertiv from $128.00 to $145.00 and gave the stock an “equal weight” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $144.95.
Get Our Latest Stock Report on VRT
Vertiv Trading Down 0.7%
Vertiv (NYSE:VRT – Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.12. The business had revenue of $2.64 billion during the quarter, compared to analysts’ expectations of $2.36 billion. Vertiv had a net margin of 8.93% and a return on equity of 51.64%. The firm’s revenue for the quarter was up 35.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, research analysts anticipate that Vertiv will post 3.59 EPS for the current year.
Insider Activity
In other Vertiv news, insider Karsten Winther sold 41,654 shares of the firm’s stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the completion of the sale, the insider directly owned 18,848 shares in the company, valued at approximately $2,529,590.08. This trade represents a 68.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Paul Ryan sold 22,218 shares of the firm’s stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the sale, the insider owned 12,803 shares of the company’s stock, valued at approximately $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 have sold a total of 180,952 shares of company stock valued at $23,360,571 in the last quarter. 2.63% of the stock is owned by company insiders.
Institutional Trading of Vertiv
A number of institutional investors and hedge funds have recently bought and sold shares of VRT. GW&K Investment Management LLC bought a new stake in Vertiv during the 1st quarter valued at about $26,000. Promus Capital LLC bought a new stake in Vertiv during the 2nd quarter valued at about $26,000. SouthState Corp purchased a new stake in shares of Vertiv during the 1st quarter valued at about $27,000. Avion Wealth boosted its holdings in shares of Vertiv by 99.1% during the 2nd quarter. Avion Wealth now owns 213 shares of the company’s stock valued at $27,000 after acquiring an additional 106 shares during the last quarter. Finally, North Star Investment Management Corp. boosted its holdings in shares of Vertiv by 4,120.0% during the 1st quarter. North Star Investment Management Corp. now owns 422 shares of the company’s stock valued at $30,000 after acquiring an additional 412 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors.
About Vertiv
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.
Featured Articles
- Five stocks we like better than Vertiv
- CD Calculator: Certificate of Deposit Calculator
- After Trump Deal, Can Meta Stock Withstand TikTok’s Onslaught?
- Buy P&G Now, Before It Sets A New All-Time High
- Alphabet: After Its Best Quarter in Decades, Is It Time to Buy?
- Differences Between Momentum Investing and Long Term Investing
- Forget Airlines—These Trucking Stocks Are Shifting Into High Gear
Receive News & Ratings for Vertiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vertiv and related companies with MarketBeat.com's FREE daily email newsletter.