Vertiv (NYSE:VRT) Lowered to Buy Rating by Wall Street Zen

Wall Street Zen cut shares of Vertiv (NYSE:VRT) from a strong-buy rating to a buy rating in a research note released on Sunday.

Several other brokerages also recently issued reports on VRT. Morgan Stanley lifted their price target on shares of Vertiv from $285.00 to $350.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $281.00 price target on shares of Vertiv in a report on Thursday, February 12th. HSBC assumed coverage on shares of Vertiv in a report on Wednesday, March 25th. They set a “buy” rating and a $325.00 price target for the company. TD Cowen lifted their price target on shares of Vertiv from $269.00 to $347.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Finally, Weiss Ratings downgraded shares of Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Twenty-one equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $281.29.

Vertiv Trading Up 0.0%

Shares of VRT stock opened at $340.02 on Friday. Vertiv has a 12-month low of $92.13 and a 12-month high of $359.84. The company has a market capitalization of $130.61 billion, a P/E ratio of 85.43, a P/E/G ratio of 1.46 and a beta of 2.09. The firm has a 50-day moving average price of $280.39 and a 200 day moving average price of $217.77. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.17. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The firm had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. During the same period last year, the firm posted $0.64 EPS. The firm’s quarterly revenue 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 forecast that Vertiv will post 6.42 earnings per share for the current fiscal year.

Vertiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 17th were paid a $0.0625 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s payout ratio is currently 6.28%.

Insider Buying and Selling

In other Vertiv news, Director Jan Van Dokkum sold 38,647 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $254.87, for a total value of $9,849,960.89. Following the completion of the transaction, the director directly owned 25,000 shares of the company’s stock, valued at approximately $6,371,750. The trade was a 60.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Roger Fradin sold 101,667 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $253.42, for a total transaction of $25,764,451.14. Following the completion of the transaction, the director directly owned 40,000 shares of the company’s stock, valued at approximately $10,136,800. This represents a 71.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 489,761 shares of company stock valued at $123,356,815. Insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Vertiv

Institutional investors have recently modified their holdings of the business. Vermillion & White Wealth Management Group LLC grew its position in shares of Vertiv by 58.3% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after buying an additional 56 shares during the period. Sankala Group LLC acquired a new stake in shares of Vertiv during the 4th quarter worth approximately $27,000. Meeder Asset Management Inc. grew its position in shares of Vertiv by 211.3% during the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after buying an additional 112 shares during the period. Rossby Financial LCC acquired a new stake in shares of Vertiv during the 4th quarter worth approximately $27,000. Finally, Park Place Capital Corp grew its position in shares of Vertiv by 624.0% during the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock worth $29,000 after buying an additional 156 shares during the period. Institutional investors and hedge funds own 89.92% of the company’s stock.

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.