Vertiv (NYSE:VRT) Stock Price Down 1.9% – Here’s What Happened

Vertiv Holdings Co. (NYSE:VRT)’s stock price was down 1.9% on Friday . The company traded as low as $169.61 and last traded at $179.6340. Approximately 9,118,196 shares traded hands during mid-day trading, an increase of 4% from the average daily volume of 8,777,612 shares. The stock had previously closed at $183.02.

Analyst Ratings Changes

VRT has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft set a $216.00 price target on Vertiv and gave the company a “buy” rating in a research report on Wednesday, October 15th. Redburn Atlantic upgraded shares of Vertiv to a “hold” rating in a research report on Wednesday, August 20th. Morgan Stanley boosted their target price on shares of Vertiv from $165.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. Weiss Ratings raised Vertiv from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 24th. Finally, Mizuho lifted their target price on Vertiv from $165.00 to $198.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Vertiv currently has a consensus rating of “Moderate Buy” and an average price target of $177.81.

Vertiv Stock Down 1.9%

The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83. The company has a market cap of $68.68 billion, a price-to-earnings ratio of 67.79, a P/E/G ratio of 1.55 and a beta of 1.87. The business has a fifty day moving average price of $158.36 and a two-hundred day moving average price of $131.57.

Vertiv (NYSE:VRT) last posted its quarterly earnings results on Wednesday, October 22nd. The company reported $1.24 EPS for the quarter, beating the consensus estimate of $0.99 by $0.25. The business had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.59 billion. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. Vertiv’s revenue was up 29.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.76 EPS. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. On average, equities analysts predict that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were given a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, September 15th. Vertiv’s payout ratio is currently 5.66%.

Insider Buying and Selling at Vertiv

In related news, insider Paul Ryan sold 22,218 shares of the company’s stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $127.34, for a total value of $2,829,240.12. Following the completion of the sale, the insider directly owned 12,803 shares in the company, valued at approximately $1,630,334.02. This represents a 63.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Karsten Winther sold 41,654 shares of the firm’s stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $134.21, for a total value of $5,590,383.34. Following the transaction, the insider owned 18,848 shares in the company, valued at approximately $2,529,590.08. This trade represents a 68.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 180,952 shares of company stock worth $23,360,571 over the last quarter. Company insiders own 2.63% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. King Luther Capital Management Corp bought a new stake in Vertiv during the third quarter valued at about $6,178,000. L & S Advisors Inc grew its holdings in Vertiv by 63.0% in the 3rd quarter. L & S Advisors Inc now owns 66,493 shares of the company’s stock valued at $10,031,000 after buying an additional 25,688 shares during the last quarter. NewEdge Wealth LLC increased its position in Vertiv by 192.3% in the 3rd quarter. NewEdge Wealth LLC now owns 7,362 shares of the company’s stock worth $1,111,000 after buying an additional 4,843 shares during the period. Alberta Investment Management Corp acquired a new position in shares of Vertiv during the third quarter worth approximately $5,763,000. Finally, CenterBook Partners LP acquired a new position in shares of Vertiv during the third quarter worth approximately $1,459,000. Institutional investors own 89.92% of the company’s stock.

About Vertiv

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.