Vertiv (NYSE:VRT) Trading Down 1.8% After Analyst Downgrade

Shares of Vertiv Holdings Co. (NYSE:VRT) fell 1.8% during trading on Friday after Royal Bank Of Canada lowered their price target on the stock from $435.00 to $418.00. Royal Bank Of Canada currently has an outperform rating on the stock. Vertiv traded as low as $272.93 and last traded at $288.7910. 5,962,248 shares were traded during mid-day trading, a decline of 13% from the average daily volume of 6,820,236 shares. The stock had previously closed at $294.11.

Other equities research analysts have also issued reports about the stock. The Goldman Sachs Group lifted 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. Glj Research upgraded shares of Vertiv from a “sell” rating to a “hold” rating in a research note on Thursday, June 18th. Weiss Ratings cut Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Bank of America lifted their target price on Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Finally, Loop Capital started coverage on Vertiv in a research report on Thursday, May 14th. They issued a “buy” rating and a $500.00 target price on the stock. Three analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $342.73.

Institutional Investors Weigh In On Vertiv

Several hedge funds have recently bought and sold shares of the company. State Street Corp boosted its stake in shares of Vertiv by 2.8% during the 4th quarter. State Street Corp now owns 8,694,900 shares of the company’s stock worth $1,408,661,000 after acquiring an additional 235,577 shares during the period. Geode Capital Management LLC raised its stake in Vertiv by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock valued at $1,141,723,000 after acquiring an additional 143,821 shares during the period. Invesco Ltd. raised its stake in Vertiv by 2.1% in the 4th quarter. Invesco Ltd. now owns 5,974,205 shares of the company’s stock valued at $967,881,000 after acquiring an additional 121,618 shares during the period. Norges Bank acquired a new stake in Vertiv during the 4th quarter valued at $808,701,000. Finally, Northern Trust Corp lifted its holdings in Vertiv by 3.6% during the 4th quarter. Northern Trust Corp now owns 2,811,745 shares of the company’s stock valued at $455,531,000 after purchasing an additional 97,141 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

Vertiv Stock Performance

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’s 50-day simple moving average is $321.44 and its 200 day simple moving average is $269.26. The stock has a market capitalization of $110.93 billion, a P/E ratio of 72.56, a PEG ratio of 1.31 and a beta of 2.03.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, April 22nd. The company reported $1.17 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 the consensus estimate of $2.63 billion. During the same quarter in the prior year, the business earned $0.64 earnings per share. The firm’s revenue for the quarter was up 30.1% on a year-over-year basis. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Research analysts expect that Vertiv Holdings Co. will post 6.38 EPS for the current fiscal year.

Vertiv Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were given a $0.0625 dividend. The ex-dividend date 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 (DPR) is presently 6.28%.

About Vertiv

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.