Vertiv (NYSE:VRT) Downgraded to “Hold” Rating by Zacks Research

Zacks Research cut shares of Vertiv (NYSE:VRT) from a strong-buy rating to a hold rating in a research note released on Monday morning,Zacks reports.

VRT has been the subject of several other reports. Barclays lifted their price objective on Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a research report on Friday, May 15th. Robert W. Baird set a $320.00 target price on Vertiv in a research report on Thursday, July 30th. Evercore set a $375.00 price target on Vertiv in a report on Wednesday, July 29th. Mizuho set a $380.00 price objective on shares of Vertiv in a research note on Thursday, May 21st. Finally, Wall Street Zen lowered shares of Vertiv from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $357.83.

Vertiv Stock Performance

Shares of VRT opened at $256.48 on Monday. Vertiv has a 52-week low of $118.70 and a 52-week high of $379.93. 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 capitalization of $98.74 billion, a PE ratio of 58.03, a P/E/G ratio of 1.06 and a beta of 2.07. The company has a 50-day simple moving average of $285.51 and a 200-day simple moving average of $290.50.

Vertiv (NYSE:VRT) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.43 by $0.09. The business had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.38 billion. Vertiv had a return on equity of 50.47% and a net margin of 15.09%.The company’s quarterly revenue was up 24.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.95 EPS. 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 research analysts predict that Vertiv will post 6.7 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Vertiv

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VRT. Vermillion & White Wealth Management Group LLC boosted its holdings in Vertiv by 58.3% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock valued at $25,000 after purchasing an additional 56 shares during the last quarter. Sankala Group LLC acquired a new stake in shares of Vertiv during the fourth quarter worth approximately $27,000. Meeder Asset Management Inc. increased its stake in shares of Vertiv by 211.3% in the fourth quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock worth $27,000 after buying an additional 112 shares during the last quarter. Rossby Financial LCC acquired a new position in Vertiv during the 4th quarter worth $27,000. Finally, Cullen Frost Bankers Inc. increased its position in shares of Vertiv by 98.9% in the 4th quarter. Cullen Frost Bankers Inc. now owns 187 shares of the company’s stock worth $30,000 after purchasing an additional 93 shares during the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

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.