Vertiv (NYSE:VRT) Stock Price Down 1.4% – Here’s What Happened

Shares of Vertiv Holdings Co. (NYSE:VRT) dropped 1.4% on Monday. The company traded as low as $237.40 and last traded at $239.4820. Approximately 3,508,413 shares traded hands during trading, a decline of 45% from the average daily volume of 6,346,243 shares. The stock had previously closed at $242.78.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on VRT. Jefferies Financial Group dropped their target price on shares of Vertiv from $320.00 to $245.00 and set a “hold” rating for the company in a research note on Thursday, July 30th. TD Cowen dropped their target price on Vertiv from $387.00 to $356.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft cut their price target on Vertiv from $331.00 to $323.00 and set a “buy” rating on the stock in a research note on Wednesday, September 30th. Mizuho reduced their price objective on shares of Vertiv from $380.00 to $300.00 and set an “outperform” rating on the stock in a research note on Thursday, July 30th. Finally, Evercore set a $375.00 target price on Vertiv in a report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $337.67.

Vertiv Stock Down 1.4%

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 firm has a 50-day moving average price of $260.50 and a two-hundred day moving average price of $290.28. The company has a market capitalization of $92.20 billion, a price-to-earnings ratio of 54.18, a PEG ratio of 0.90 and a beta of 2.05.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.09. The company had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The business’s quarterly revenue was up 24.1% on a year-over-year basis. During the same period last year, the business 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. As a group, sell-side analysts anticipate that Vertiv Holdings Co. will post 6.73 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Monday, September 14th were paid a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Monday, September 14th. Vertiv’s dividend payout ratio (DPR) is currently 5.66%.

Insider Buying and Selling at Vertiv

In related news, Director Edward Monser sold 15,287 shares of the business’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the transaction, the director directly owned 16,500 shares in the company, valued at approximately $4,188,030. The trade was a 48.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Vertiv

A number of institutional investors have recently bought and sold shares of the business. RFG Bristol Wealth Advisors LLC increased its holdings in shares of Vertiv by 1.7% in the third quarter. RFG Bristol Wealth Advisors LLC now owns 4,306 shares of the company’s stock valued at $1,039,000 after purchasing an additional 70 shares during the last quarter. GK Wealth Management LLC acquired a new position in Vertiv in the 3rd quarter valued at about $64,000. David J Yvars Group bought a new position in shares of Vertiv during the third quarter worth approximately $294,000. Riversedge Advisors LLC increased its position in Vertiv by 27.8% during the 3rd quarter. Riversedge Advisors LLC now owns 1,085 shares of the company’s stock worth $262,000 after buying an additional 236 shares during the period. Finally, Wedmont Private Capital increased its position in Vertiv by 57.0% during the third quarter. Wedmont Private Capital now owns 7,823 shares of the company’s stock worth $1,907,000 after acquiring an additional 2,839 shares during the period. Institutional investors and hedge funds own 89.92% of the company’s stock.

About Vertiv

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.