Vertiv (NYSE:VRT) Stock Gets Price Target Cut from Royal Bank Of Canada

Vertiv (NYSE:VRT – Get Free Report) had its price objective dropped by investment analysts at Royal Bank Of Canada from $337.00 to $323.00 in a report issued on Wednesday, Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 41.62% from the company’s current price.

Other research analysts also recently issued research reports about the company. Piper Sandler set a $375.00 price objective on Vertiv in a report on Wednesday, July 29th. The Goldman Sachs Group lowered their target price on Vertiv from $352.00 to $301.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Mizuho lowered their target price on Vertiv from $380.00 to $300.00 and set an “outperform” rating for the company in a research note on Thursday, July 30th. KeyCorp dropped their target price on Vertiv from $360.00 to $325.00 and set an “overweight” rating for the company in a research report on Thursday, July 30th. Finally, Bank of America cut their price target on Vertiv from $440.00 to $375.00 and set a “buy” rating on the stock in a research note on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $337.15.

Check Out Our Latest Research Report on VRT

Vertiv Price Performance

Shares of NYSE:VRT traded down $9.22 during midday trading on Wednesday, reaching $228.07. The company’s stock had a trading volume of 887,056 shares, compared to its average volume of 6,308,555. The business’s fifty day simple moving average is $259.36 and its 200-day simple moving average is $289.79. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. Vertiv has a fifty-two week low of $147.82 and a fifty-two week high of $379.93. The company has a market capitalization of $87.81 billion, a P/E ratio of 51.79, a P/E/G ratio of 0.89 and a beta of 2.05.

Vertiv (NYSE:VRT – Get Free Report) last issued 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 business had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same quarter in the prior year, the company earned $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, equities research analysts expect that Vertiv will post 6.73 EPS for the current fiscal year.

Insider Activity at Vertiv

In related news, Director Edward Monser sold 15,287 shares of the company’s stock in a transaction 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 completion of the sale, the director owned 16,500 shares in the company, valued at $4,188,030. This represents a 48.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Perpetual Ltd increased its holdings in Vertiv by 6,110.5% during the third quarter. Perpetual Ltd now owns 114,397 shares of the company’s stock worth $27,605,000 after buying an additional 112,555 shares during the last quarter. Ritholtz Wealth Management raised its position in Vertiv by 137.5% during the first quarter. Ritholtz Wealth Management now owns 7,238 shares of the company’s stock worth $1,814,000 after acquiring an additional 4,190 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its position in Vertiv by 536.3% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 76,358 shares of the company’s stock worth $19,134,000 after acquiring an additional 64,358 shares in the last quarter. NBZ Investment Advisors LLC bought a new stake in Vertiv during the first quarter worth $1,204,000. Finally, Diversify Advisory Services LLC acquired a new stake in Vertiv in the second quarter valued at $8,995,000. 89.92% of the stock is currently owned by institutional investors.

Vertiv Company Profile

(Get Free Report)

Vertiv Holdings Co provides digital infrastructure and continuity solutions for data centers, communication networks, and other technology-intensive facilities. The company helps customers design, build, operate, and maintain infrastructure that supports the availability, performance, and efficiency of critical digital systems.

Its product portfolio includes power management and distribution equipment, uninterruptible power supplies, switchgear, busways, racks, integrated modular systems, and data center infrastructure.

Further Reading

Analyst Recommendations for Vertiv (NYSE:VRT)

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