Vertiv (NYSE:VRT) Now Covered by Glj Research

Stock analysts at Glj Research assumed coverage on shares of Vertiv (NYSE:VRT) in a research report issued to clients and investors on Tuesday, Marketbeat.com reports. The firm set a “sell” rating and a $188.00 price target on the stock. Glj Research’s target price suggests a potential downside of 22.02% from the company’s current price.

A number of other research analysts also recently commented on VRT. Piper Sandler set a $375.00 target price on Vertiv in a research report on Wednesday, July 29th. BMO Capital Markets assumed coverage on Vertiv in a report on Sunday, October 4th. They set an “outperform” rating and a $329.00 price target on the stock. Evercore set a $375.00 price target on Vertiv in a report on Wednesday, July 29th. Robert W. Baird set a $320.00 price target on Vertiv and gave the company an “outperform” rating in a report on Thursday, July 30th. Finally, Wall Street Zen upgraded Vertiv from a “hold” rating to a “buy” rating in a report on Saturday, September 19th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $337.67.

Vertiv Price Performance

Shares of NYSE VRT traded down $1.71 during midday trading on Tuesday, reaching $241.08. 1,058,141 shares of the stock traded hands, compared to its average volume of 6,332,799. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. The stock has a market capitalization of $92.81 billion, a PE ratio of 54.46, a P/E/G ratio of 0.90 and a beta of 2.05. Vertiv has a one year low of $147.82 and a one year high of $379.93. The company’s 50 day moving average is $260.50 and its 200 day moving average is $290.28.

Vertiv (NYSE:VRT) last posted its earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.09. The firm had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%. The company’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.95 EPS. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. On average, equities research analysts anticipate that Vertiv will post 6.73 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Edward Monser sold 15,287 shares of the firm’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the transaction, the director owned 16,500 shares in the company, valued at approximately $4,188,030. This trade represents a 48.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Vertiv

Several institutional investors have recently made changes to their positions in VRT. State Street Corp increased its position in shares of Vertiv by 4.5% in the second quarter. State Street Corp now owns 16,531,530 shares of the company’s stock valued at $5,535,087,000 after buying an additional 704,970 shares in the last quarter. Wellington Management Group LLP increased its position in shares of Vertiv by 14.1% in the second quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company’s stock valued at $1,270,428,000 after buying an additional 468,380 shares in the last quarter. Legal & General Group Plc increased its position in shares of Vertiv by 1.1% in the second quarter. Legal & General Group Plc now owns 2,138,967 shares of the company’s stock valued at $716,169,000 after buying an additional 23,444 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Vertiv by 1.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,709,276 shares of the company’s stock valued at $678,890,000 after buying an additional 51,328 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Vertiv by 33.7% in the first quarter. Bank of New York Mellon Corp now owns 2,410,642 shares of the company’s stock valued at $604,059,000 after buying an additional 608,176 shares in the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Vertiv Company Profile

Vertiv Holdings Co provides digital infrastructure and continuity solutions for data centers, communication networks, and other technology-intensive facilities. The company helps customers design, build, operate, and maintain infrastructure that supports the availability, performance, and efficiency of critical digital systems.

Its product portfolio includes power management and distribution equipment, uninterruptible power supplies, switchgear, busways, racks, integrated modular systems, and data center infrastructure.