Vertiv (NYSE:VRT) Trading Down 11.1% – Here’s What Happened

Vertiv Holdings Co. (NYSE:VRT) was down 11.1% on Tuesday . The company traded as low as $316.51 and last traded at $318.38. Approximately 10,240,454 shares changed hands during mid-day trading, an increase of 49% from the average session volume of 6,886,338 shares. The stock had previously closed at $357.96.

Analysts Set New Price Targets

Several research firms have recently issued reports on VRT. Barclays increased their target price on Vertiv from $345.00 to $412.00 and gave the stock an “overweight” rating in a report on Friday, May 15th. TD Cowen increased their price objective on shares of Vertiv from $347.00 to $387.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Loop Capital started coverage on shares of Vertiv in a research report on Thursday, May 14th. They issued a “buy” rating and a $500.00 target price for the company. Royal Bank Of Canada increased their price target on shares of Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Vertiv from $305.00 to $350.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Vertiv presently has an average rating of “Moderate Buy” and a consensus price target of $326.39.

Vertiv Stock Down 11.1%

The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. The stock’s fifty day simple moving average is $322.97 and its two-hundred day simple moving average is $251.27. The stock has a market capitalization of $122.29 billion, a P/E ratio of 79.99, a price-to-earnings-growth ratio of 1.44 and a beta of 2.04.

Vertiv (NYSE:VRT) last posted its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. During the same period in the previous year, the firm earned $0.64 earnings per share. The firm’s quarterly revenue was up 30.1% on a year-over-year basis. 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, research analysts expect that Vertiv Holdings Co. will post 6.36 EPS for the current fiscal year.

Vertiv Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Monday, June 15th will be issued a $0.0625 dividend. The ex-dividend date is Monday, June 15th. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s payout ratio is presently 6.28%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. State Street Corp increased its holdings in Vertiv by 2.8% in the fourth quarter. State Street Corp now owns 8,694,900 shares of the company’s stock worth $1,408,661,000 after purchasing an additional 235,577 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Vertiv by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock worth $1,141,723,000 after buying an additional 143,821 shares in the last quarter. Invesco Ltd. grew its position in shares of Vertiv by 2.1% during the 4th quarter. Invesco Ltd. now owns 5,974,205 shares of the company’s stock worth $967,881,000 after buying an additional 121,618 shares during the period. Norges Bank bought a new stake in shares of Vertiv in the 4th quarter valued at $808,701,000. Finally, American Century Companies Inc. increased its stake in shares of Vertiv by 16.7% in the 3rd quarter. American Century Companies Inc. now owns 3,431,760 shares of the company’s stock valued at $517,715,000 after acquiring an additional 491,349 shares in the last quarter. 89.92% of the stock is owned by 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.