Vertiv (NYSE:VRT) Cut to Hold at Wall Street Zen

Wall Street Zen downgraded shares of Vertiv (NYSE:VRT) from a buy rating to a hold rating in a research note issued to investors on Saturday morning,Wall Street Zen reports.

Other analysts have also issued reports about the stock. Barclays raised their price target on shares of Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. UBS Group reaffirmed a “buy” rating and set a $370.00 price objective on shares of Vertiv in a research report on Thursday, July 30th. KeyCorp reduced their target price on shares of Vertiv from $360.00 to $325.00 and set an “overweight” rating for the company in a research note on Thursday, July 30th. Mizuho set a $380.00 target price on Vertiv in a research report on Thursday, May 21st. Finally, Fox Advisors upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $357.83.

Vertiv Stock Up 0.1%

Shares of VRT stock opened at $280.76 on Friday. Vertiv has a 12 month low of $118.70 and a 12 month high of $379.93. The firm has a market cap of $108.09 billion, a PE ratio of 63.52, a price-to-earnings-growth ratio of 1.15 and a beta of 2.07. The stock has a 50 day moving average of $282.18 and a 200-day moving average of $291.47. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62.

Vertiv (NYSE:VRT) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $3.38 billion. During the same period in the prior year, the business earned $0.95 earnings per share. Vertiv’s revenue for the quarter was up 24.1% compared to the same quarter last year. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. On average, equities analysts predict that Vertiv will post 6.72 EPS for the current year.

Vertiv Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Monday, September 14th will be issued a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Monday, September 14th. Vertiv’s dividend payout ratio (DPR) is currently 5.66%.

Insider Buying and Selling

In other Vertiv news, Director Edward Monser sold 15,287 shares of the company’s stock in a transaction dated 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 sale, the director directly owned 16,500 shares of the company’s stock, valued at approximately $4,188,030. This represents a 48.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of VRT. SFE Investment Counsel boosted its stake in Vertiv by 1.1% in the first quarter. SFE Investment Counsel now owns 3,052 shares of the company’s stock worth $765,000 after purchasing an additional 32 shares in the last quarter. Versant Capital Management Inc increased its stake in shares of Vertiv by 3.0% in the second quarter. Versant Capital Management Inc now owns 1,156 shares of the company’s stock valued at $387,000 after buying an additional 34 shares in the last quarter. Webster Bank N. A. increased its stake in shares of Vertiv by 6.9% in the first quarter. Webster Bank N. A. now owns 542 shares of the company’s stock valued at $136,000 after buying an additional 35 shares in the last quarter. Sachetta LLC raised its holdings in shares of Vertiv by 41.4% in the first quarter. Sachetta LLC now owns 123 shares of the company’s stock valued at $31,000 after buying an additional 36 shares during the last quarter. Finally, Pincus Capital Management LP raised its holdings in shares of Vertiv by 0.8% in the first quarter. Pincus Capital Management LP now owns 4,713 shares of the company’s stock valued at $1,181,000 after buying an additional 38 shares during the last quarter. Institutional investors 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.