Vertiv (NYSE:VRT) Trading Down 1.9% – Here’s Why

Vertiv Holdings Co. (NYSE:VRT) dropped 1.9% on Wednesday . The company traded as low as $248.51 and last traded at $248.6660. 3,542,523 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 6,504,131 shares. The stock had previously closed at $253.46.

Analyst Upgrades and Downgrades

VRT has been the topic of a number of analyst reports. Weiss Ratings lowered shares of Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, August 14th. KeyCorp reduced their target price on Vertiv from $360.00 to $325.00 and set an “overweight” rating on the stock in a research report on Thursday, July 30th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $368.00 price objective on shares of Vertiv in a research note on Friday, July 31st. Zacks Research downgraded shares of Vertiv from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 31st. Finally, Evercore set a $375.00 price objective on Vertiv in a report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $357.83.

Vertiv Stock Performance

The stock has a 50 day simple moving average of $268.67 and a 200 day simple moving average of $291.53. 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 has a market cap of $95.73 billion, a price-to-earnings ratio of 56.26, a PEG ratio of 1.03 and a beta of 2.07.

Vertiv (NYSE:VRT) last released its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.09. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same quarter in the previous year, the firm posted $0.95 EPS. The firm’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. As a group, analysts predict that Vertiv Holdings Co. will post 6.72 EPS for the current year.

Vertiv Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Monday, September 14th will be issued a $0.0625 dividend. The ex-dividend date of this dividend is Monday, September 14th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. 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 firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total value of $3,880,146.34. Following the sale, the director owned 16,500 shares in the company, valued at approximately $4,188,030. This trade represents a 48.09% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 insiders.

Institutional Investors Weigh In On Vertiv

A number of large investors have recently made changes to their positions in VRT. State Street Corp lifted its stake in shares of Vertiv by 4.5% during the second quarter. State Street Corp now owns 16,531,530 shares of the company’s stock valued at $5,535,087,000 after acquiring an additional 704,970 shares during the period. IKE Capital LLC increased its position in Vertiv by 194.4% in the second quarter. IKE Capital LLC now owns 7,065 shares of the company’s stock worth $2,365,000 after purchasing an additional 4,665 shares during the period. ABS Direct Equity Fund LLC raised its holdings in Vertiv by 11.7% during the 2nd quarter. ABS Direct Equity Fund LLC now owns 670 shares of the company’s stock worth $224,000 after purchasing an additional 70 shares during the last quarter. Miramontes Capital LLC acquired a new position in Vertiv during the 2nd quarter valued at about $387,000. Finally, Capstone Financial Advisors Inc. acquired a new stake in shares of Vertiv during the 2nd quarter worth approximately $206,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Company Profile

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.