Vertiv (NYSE:VRT) Stock Price Down 4% – Here’s What Happened

Vertiv Holdings Co. (NYSE:VRT)’s share price was down 4% during trading on Tuesday . The stock traded as low as $287.11 and last traded at $305.6660. 5,951,982 shares traded hands during mid-day trading, a decline of 15% from the average session volume of 6,978,903 shares. The stock had previously closed at $318.47.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on VRT shares. JPMorgan Chase & Co. boosted their price objective on shares of Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. The Goldman Sachs Group upped their target price on Vertiv from $277.00 to $311.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. Oppenheimer lifted their target price on shares of Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. TD Cowen lifted their price objective on shares of Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Finally, HSBC initiated coverage on Vertiv in a research note on Wednesday, March 25th. They set a “buy” rating and a $325.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Vertiv currently has a consensus rating of “Moderate Buy” and an average target price of $333.73.

Vertiv Price Performance

The stock has a market capitalization of $125.30 billion, a P/E ratio of 82.10, a PEG ratio of 1.32 and a beta of 2.03. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15. The company’s 50 day simple moving average is $324.03 and its two-hundred day simple moving average is $263.22.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping the consensus estimate of $1.00 by $0.17. The company had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The business’s revenue for the quarter was up 30.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.64 earnings per share. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. As a group, equities analysts expect that Vertiv Holdings Co. will post 6.38 EPS for the current fiscal year.

Vertiv Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were paid a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, June 15th. Vertiv’s payout ratio is 6.28%.

Institutional Investors Weigh In On Vertiv

Institutional investors have recently made changes to their positions in the stock. Vermillion & White Wealth Management Group LLC boosted its position in shares of Vertiv by 58.3% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after purchasing an additional 56 shares in the last quarter. Sankala Group LLC acquired a new stake in Vertiv in the 4th quarter valued at $27,000. Meeder Asset Management Inc. lifted its stake in Vertiv by 211.3% in the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after acquiring an additional 112 shares during the last quarter. Rossby Financial LCC acquired a new stake in Vertiv during the 4th quarter valued at $27,000. Finally, Park Place Capital Corp boosted its holdings in shares of Vertiv by 624.0% during the fourth quarter. Park Place Capital Corp now owns 181 shares of the company’s stock worth $29,000 after acquiring an additional 156 shares during the period. 89.92% of the stock is owned by institutional investors and hedge funds.

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.