Vertiv (NYSE:VRT) Stock Price Down 1.2% – Here’s What Happened

Vertiv Holdings Co. (NYSE:VRT) dropped 1.2% on Tuesday . The company traded as low as $170.01 and last traded at $174.7780. Approximately 4,675,622 shares traded hands during trading, a decline of 13% from the average daily volume of 5,371,938 shares. The stock had previously closed at $176.93.

Wall Street Analyst Weigh In

VRT has been the topic of several recent research reports. UBS Group increased their price objective on Vertiv from $173.00 to $201.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. TD Cowen upped their target price on Vertiv from $162.00 to $210.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Mizuho increased their price target on shares of Vertiv from $165.00 to $198.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. Weiss Ratings restated a “buy (b-)” rating on shares of Vertiv in a report on Monday, December 22nd. Finally, Roth Capital reaffirmed a “buy” rating and issued a $195.00 price objective (up previously from $162.00) on shares of Vertiv in a research note on Tuesday, October 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $182.48.

Vertiv Stock Down 1.2%

The company has a current ratio of 1.83, a quick ratio of 1.43 and a debt-to-equity ratio of 0.83. The stock has a 50 day simple moving average of $170.07 and a 200 day simple moving average of $155.59. The firm has a market capitalization of $66.82 billion, a PE ratio of 65.95, a PEG ratio of 1.06 and a beta of 2.06.

Vertiv (NYSE:VRT) last issued its earnings results on Wednesday, October 22nd. The company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.25. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The firm had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.59 billion. During the same quarter last year, the business earned $0.76 earnings per share. The business’s revenue was up 29.0% on a year-over-year basis. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. As a group, sell-side analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, November 25th were given a $0.0625 dividend. The ex-dividend date was Tuesday, November 25th. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is presently 9.43%.

Insider Activity at Vertiv

In other news, EVP Stephen Liang sold 5,501 shares of the company’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $170.48, for a total transaction of $937,810.48. Following the completion of the transaction, the executive vice president directly owned 4,050 shares of the company’s stock, valued at approximately $690,444. This represents a 57.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 5.01% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of VRT. Financial Management Professionals Inc. lifted its holdings in Vertiv by 1,560.0% in the 3rd quarter. Financial Management Professionals Inc. now owns 166 shares of the company’s stock worth $25,000 after buying an additional 156 shares during the period. Promus Capital LLC bought a new position in shares of Vertiv during the second quarter valued at approximately $26,000. Pacer Advisors Inc. lifted its stake in Vertiv by 67.6% in the third quarter. Pacer Advisors Inc. now owns 171 shares of the company’s stock worth $26,000 after acquiring an additional 69 shares during the period. Avion Wealth lifted its stake in Vertiv by 99.1% in the second quarter. Avion Wealth now owns 213 shares of the company’s stock worth $27,000 after acquiring an additional 106 shares during the period. Finally, True Wealth Design LLC lifted its stake in Vertiv by 54.0% in the third quarter. True Wealth Design LLC now owns 194 shares of the company’s stock worth $29,000 after acquiring an additional 68 shares during the period. Hedge funds and other institutional investors 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.