Vertiv (NYSE:VRT) Stock Falls 3.3% – Here’s What Happened

Vertiv Holdings Co. (NYSE:VRT)’s share price was down 3.3% during mid-day trading on Tuesday. The company traded as low as $188.50 and last traded at $193.93. 6,596,926 shares traded hands during mid-day trading, an increase of 0% from the average session volume of 6,574,396 shares. The stock had previously closed at $200.47.

Key Headlines Impacting Vertiv

Here are a few of the latest headlines about VRT:

• Positive Sentiment: Vertiv introduced the PowerNexus MV UPS, an outdoor medium-voltage system that combines power protection, fault ride-through and AI power smoothing. The company says it can help data centers connect to the grid faster while freeing indoor space for computing equipment—potentially addressing key constraints on AI infrastructure buildouts. Article: Vertiv introduces medium-voltage power system
• Positive Sentiment: Bernstein assigned Vertiv a Buy rating, adding to favorable analyst commentary. A separate Seeking Alpha analysis called the company’s growth prospects strong and its valuation attractive, suggesting recent concerns may be overstated. Article: Vertiv receives a Buy from Bernstein Article: Vertiv growth prospects and valuation analysis
• Neutral Sentiment: JPMorgan began coverage with a Neutral rating and a $240 price target. The target implies upside from the recently quoted share price, but the rating signals a measured view rather than a strong endorsement. Article: JPMorgan coverage and price target

Analysts Set New Price Targets

VRT has been the subject of several research analyst reports. Royal Bank Of Canada raised their price target on Vertiv from $323.00 to $351.00 and gave the stock an “outperform” rating in a research report on Thursday, October 29th. UBS Group reaffirmed a “buy” rating and issued a $370.00 price objective on shares of Vertiv in a report on Thursday, July 30th. Piper Sandler set a $375.00 target price on shares of Vertiv in a report on Wednesday, July 29th. KeyCorp decreased their price objective on Vertiv from $360.00 to $325.00 and set an “overweight” rating on the stock in a research note on Thursday, July 30th. Finally, Morgan Stanley set a $330.00 target price on Vertiv in a research note on Friday, October 16th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $333.70.

Vertiv Stock Up 1.6%

The company has a quick ratio of 1.01, a current ratio of 1.39 and a debt-to-equity ratio of 0.53. The firm’s 50 day moving average price is $233.57 and its two-hundred day moving average price is $270.02. The firm has a market capitalization of $80.78 billion, a PE ratio of 39.21, a P/E/G ratio of 0.62 and a beta of 2.11.

Vertiv (NYSE:VRT) last released its earnings results on Wednesday, October 28th. The company reported $2.21 EPS for the quarter, beating the consensus estimate of $1.82 by $0.39. Vertiv had a return on equity of 53.31% and a net margin of 15.99%. The company had revenue of $4.31 billion during the quarter, compared to analysts’ expectations of $3.75 billion. During the same period in the prior year, the business posted $1.24 EPS. The business’s revenue was up 61.2% on a year-over-year basis. As a group, research analysts forecast that Vertiv Holdings Co. will post 7.17 EPS for the current fiscal year.

Vertiv Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Monday, September 14th were given a $0.0625 dividend. The ex-dividend date of this dividend was Monday, September 14th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is currently 4.67%.

Insider Activity

In related news, Director Edward Monser sold 15,287 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total value of $3,880,146.34. Following the completion of the transaction, the director directly owned 16,500 shares of the company’s stock, valued at $4,188,030. This represents a 48.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. AlphaGrep UK Ltd increased its position in shares of Vertiv by 125.7% in the third quarter. AlphaGrep UK Ltd now owns 2,447 shares of the company’s stock worth $590,000 after acquiring an additional 1,363 shares in the last quarter. Meeder Advisory Services Inc. increased its stake in shares of Vertiv by 11.4% in the third quarter. Meeder Advisory Services Inc. now owns 11,691 shares of the company’s stock worth $2,821,000 after purchasing an additional 1,199 shares during the period. Benjamin Edwards Inc. grew its stake in shares of Vertiv by 42.3% in the third quarter. Benjamin Edwards Inc. now owns 3,790 shares of the company’s stock worth $914,000 after acquiring an additional 1,127 shares during the last quarter. First Trust Advisors LP increased its stake in Vertiv by 190.7% during the third quarter. First Trust Advisors LP now owns 703,167 shares of the company’s stock valued at $169,681,000 after acquiring an additional 461,294 shares during the period. Finally, Texas Yale Capital Corp. raised its stake in shares of Vertiv by 3.4% in the third quarter. Texas Yale Capital Corp. now owns 1,512 shares of the company’s stock valued at $365,000 after purchasing an additional 50 shares in 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 used by data centers, communications networks and commercial and industrial facilities. Its offerings help customers maintain reliable power, cooling and operating conditions for technology systems. The company’s products and solutions include uninterruptible power supplies, power distribution equipment, thermal management systems, racks, integrated modular infrastructure, and monitoring and control software.