Vertiv (NYSE:VRT) Trading Down 1.9% – What’s Next?

Vertiv Holdings Co. (NYSE:VRT) shares traded down 1.9% during trading on Friday . The company traded as low as $169.61 and last traded at $179.6340. 9,118,196 shares were traded during trading, an increase of 4% from the average session volume of 8,777,612 shares. The stock had previously closed at $183.02.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. William Blair started coverage on Vertiv in a research report on Monday, July 28th. They set an “outperform” rating on the stock. Barclays boosted their price objective on Vertiv from $145.00 to $170.00 and gave the company an “equal weight” rating in a research report on Thursday, October 23rd. JPMorgan Chase & Co. raised their target price on Vertiv from $150.00 to $206.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Weiss Ratings raised shares of Vertiv from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. Finally, Bank of America raised their price objective on shares of Vertiv from $140.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, July 17th. 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 given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $177.81.

Vertiv Stock Down 1.9%

The firm has a market capitalization of $68.68 billion, a price-to-earnings ratio of 67.79, a P/E/G ratio of 1.55 and a beta of 1.87. The firm has a fifty day moving average price of $158.36 and a 200 day moving average price of $131.57. The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83.

Vertiv (NYSE:VRT) last posted its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.25. The company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.59 billion. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The business’s revenue was up 29.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.76 earnings per share. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. Sell-side analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Monday, September 15th were given a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv’s payout ratio is 5.66%.

Insider Buying and Selling at Vertiv

In other news, insider Karsten Winther sold 41,654 shares of Vertiv stock in a transaction that occurred on 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 owned 18,848 shares in the company, valued at $2,529,590.08. The trade was a 68.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Steven Reinemund sold 100,000 shares of the stock in a transaction that occurred on Tuesday, August 26th. The shares were 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 in the company, valued at $17,095,957.26. This represents a 42.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 180,952 shares of company stock valued at $23,360,571. 2.63% of the stock is currently owned by company insiders.

Institutional Trading of Vertiv

Hedge funds have recently modified their holdings of the company. Financial Management Professionals Inc. boosted its position in shares of Vertiv by 1,560.0% during the third quarter. Financial Management Professionals Inc. now owns 166 shares of the company’s stock worth $25,000 after purchasing an additional 156 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in Vertiv by 67.6% during the third quarter. Pacer Advisors Inc. now owns 171 shares of the company’s stock worth $26,000 after acquiring an additional 69 shares in the last quarter. True Wealth Design LLC grew its stake in Vertiv by 54.0% in the third quarter. True Wealth Design LLC now owns 194 shares of the company’s stock valued at $29,000 after acquiring an additional 68 shares during the period. Quent Capital LLC bought a new stake in Vertiv during the 3rd quarter worth approximately $30,000. Finally, Promus Capital LLC acquired a new stake in shares of Vertiv during the second quarter worth $26,000. 89.92% of the stock is currently owned by institutional investors and hedge funds.

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.