Vertiv (NYSE:VRT) Shares Down 1% – Should You Sell?

Shares of Vertiv Holdings Co. (NYSE:VRT) dropped 1% during mid-day trading on Thursday. The stock traded as low as $239.76 and last traded at $243.9480. 5,852,737 shares were traded during mid-day trading, a decline of 8% from the average session volume of 6,375,955 shares. The stock had previously closed at $246.49.

Wall Street Analyst Weigh In

Several research firms have commented on VRT. Deutsche Bank Aktiengesellschaft lowered their price objective on Vertiv from $331.00 to $323.00 and set a “buy” rating on the stock in a research report on Wednesday, September 30th. Daiwa Securities Group lowered their price target on shares of Vertiv from $400.00 to $340.00 and set a “buy” rating on the stock in a report on Tuesday, July 21st. Weiss Ratings cut shares of Vertiv from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, August 14th. Wells Fargo & Company began coverage on shares of Vertiv in a research note on Thursday, September 24th. They set an “overweight” rating and a $340.00 target price on the stock. Finally, Evercore set a $375.00 price target on Vertiv in a research note on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Vertiv has a consensus rating of “Moderate Buy” and an average target price of $337.67.

Vertiv Trading Down 0.3%

The firm has a market cap of $93.52 billion, a price-to-earnings ratio of 54.96, a price-to-earnings-growth ratio of 0.91 and a beta of 2.05. The company’s 50-day moving average price is $260.50 and its 200-day moving average price is $290.04. 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 (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $3.38 billion. During the same period in the previous year, the firm posted $0.95 EPS. Vertiv’s revenue 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. Equities analysts expect that Vertiv Holdings Co. will post 6.73 EPS for the current fiscal year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Monday, September 14th were paid a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, September 14th. Vertiv’s dividend payout ratio is currently 5.66%.

Insiders Place Their Bets

In other Vertiv news, Director Edward Monser sold 15,287 shares of the firm’s stock in a transaction 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 transaction, the director owned 16,500 shares in the company, valued at approximately $4,188,030. This trade represents a 48.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Vertiv

A number of hedge funds have recently modified their holdings of the business. State Street Corp grew its stake in Vertiv by 4.5% during the 2nd 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 in the last quarter. Wellington Management Group LLP lifted its stake in Vertiv by 14.1% in the 2nd quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company’s stock worth $1,270,428,000 after purchasing an additional 468,380 shares in the last quarter. Legal & General Group Plc increased its holdings in shares of Vertiv by 1.1% in the second quarter. Legal & General Group Plc now owns 2,138,967 shares of the company’s stock valued at $716,169,000 after purchasing an additional 23,444 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Vertiv by 1.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,709,276 shares of the company’s stock worth $678,890,000 after buying an additional 51,328 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Vertiv by 33.7% during the first quarter. Bank of New York Mellon Corp now owns 2,410,642 shares of the company’s stock worth $604,059,000 after buying an additional 608,176 shares in the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

About Vertiv

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.