Vertiv (NYSE:VRT) Shares Down 7.6% – Here’s Why

Vertiv Holdings Co. (NYSE:VRT) shares were down 7.6% during mid-day trading on Thursday . The stock traded as low as $312.11 and last traded at $306.4150. Approximately 1,003,744 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 6,858,423 shares. The stock had previously closed at $331.44.

Analysts Set New Price Targets

Several equities analysts have issued reports on VRT shares. Bank of America lifted their target price on Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Jefferies Financial Group reiterated a “hold” rating and issued a $260.00 target price (down from $280.00) on shares of Vertiv in a research note on Tuesday, March 31st. JPMorgan Chase & Co. lifted their target price on Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Oppenheimer lifted their target price on Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Finally, Zacks Research upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Vertiv has a consensus rating of “Moderate Buy” and an average price target of $322.32.

Vertiv Stock Performance

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 firm has a market cap of $122.72 billion, a price-to-earnings ratio of 80.25, a P/E/G ratio of 1.45 and a beta of 2.03. The firm has a fifty day simple moving average of $310.09 and a two-hundred day simple moving average of $238.36.

Vertiv (NYSE:VRT) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.17. The business had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.63 billion. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The company’s quarterly revenue was up 30.1% on a year-over-year basis. During the same quarter last year, the company 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. On average, analysts expect that Vertiv Holdings Co. will post 6.36 EPS for the current year.

Vertiv Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Monday, June 15th. Vertiv’s dividend payout ratio (DPR) is currently 6.28%.

Insiders Place Their Bets

In other Vertiv news, Director Edward L. Monser sold 77,294 shares of the firm’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $245.49, for a total value of $18,974,904.06. Following the completion of the sale, the director owned 16,500 shares of the company’s stock, valued at approximately $4,050,585. This trade represents a 82.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Vertiv

A number of institutional investors and hedge funds have recently modified their holdings of VRT. Empowered Funds LLC lifted its holdings in shares of Vertiv by 25.9% during the first quarter. Empowered Funds LLC now owns 11,557 shares of the company’s stock worth $834,000 after purchasing an additional 2,377 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Vertiv during the second quarter worth about $567,000. Cary Street Partners Financial LLC lifted its holdings in shares of Vertiv by 19.8% during the second quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company’s stock worth $178,000 after purchasing an additional 230 shares during the period. Bank of Nova Scotia lifted its holdings in shares of Vertiv by 49.7% during the second quarter. Bank of Nova Scotia now owns 29,239 shares of the company’s stock worth $3,755,000 after purchasing an additional 9,712 shares during the period. Finally, Ossiam acquired a new stake in shares of Vertiv during the second quarter worth about $50,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

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.