Vertiv (NYSE:VRT) Shares Down 1.4% – Here’s Why

Vertiv Holdings Co. (NYSE:VRT) shares traded down 1.4% during trading on Tuesday . The company traded as low as $233.90 and last traded at $234.0420. 5,698,187 shares were traded during trading, a decline of 13% from the average daily volume of 6,553,762 shares. The stock had previously closed at $237.39.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Sanford C. Bernstein reissued an “outperform” rating and set a $368.00 target price on shares of Vertiv in a research report on Friday, July 31st. Piper Sandler set a $375.00 price target on Vertiv in a report on Wednesday, July 29th. KeyCorp reduced their price objective on Vertiv from $360.00 to $325.00 and set an “overweight” rating for the company in a research report on Thursday, July 30th. Weiss Ratings lowered Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, August 14th. Finally, UBS Group restated a “buy” rating and set a $370.00 price objective on shares of Vertiv in a research report on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $357.83.

Vertiv Price Performance

The stock has a market cap of $93.26 billion, a price-to-earnings ratio of 54.85, a price-to-earnings-growth ratio of 0.96 and a beta of 2.07. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62. The company’s 50-day moving average is $273.79 and its 200-day moving average is $291.61.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.43 by $0.09. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same period in the previous year, the business earned $0.95 earnings per share. The company’s quarterly revenue was up 24.1% on a year-over-year basis. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Equities research analysts expect that Vertiv Holdings Co. will post 6.72 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

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

Insiders Place Their Bets

In other Vertiv news, Director Edward Monser sold 15,287 shares of the 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 completion of the transaction, the director directly owned 16,500 shares in the company, valued at $4,188,030. This represents a 48.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Vertiv

Several large investors have recently made changes to their positions in the company. Wellington Management Group LLP grew its stake in Vertiv by 14.1% during the second quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company’s stock worth $1,270,428,000 after buying an additional 468,380 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Vertiv by 2.1% in the fourth 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 last quarter. Norges Bank acquired a new position in shares of Vertiv in the 4th quarter worth approximately $808,701,000. Legal & General Group Plc boosted its holdings in shares of Vertiv by 1.1% in the 2nd quarter. Legal & General Group Plc now owns 2,138,967 shares of the company’s stock worth $716,169,000 after acquiring an additional 23,444 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its position in Vertiv by 1.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,709,276 shares of the company’s stock worth $678,890,000 after acquiring an additional 51,328 shares during the last quarter. Institutional investors own 89.92% of the company’s stock.

About Vertiv

Vertiv Holdings Co (NYSE: VRT) designs, manufactures and services critical digital infrastructure that helps data centers, communications networks and other facilities operate reliably and efficiently. Its solutions support the availability, performance and growth of information technology systems.

The company’s products and services include power management and distribution equipment, uninterruptible power supplies, thermal management and cooling systems, racks and integrated infrastructure, monitoring and management software, and lifecycle services.