Vertiv (NYSE:VRT) Shares Down 2.9% – Here’s Why

Vertiv Holdings Co. (NYSE:VRTGet Free Report)’s share price was down 2.9% on Wednesday . The stock traded as low as $275.18 and last traded at $281.14. Approximately 6,499,351 shares traded hands during trading, a decline of 6% from the average daily volume of 6,927,952 shares. The stock had previously closed at $289.52.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on VRT shares. Evercore reissued an “outperform” rating and set a $425.00 price objective on shares of Vertiv in a research note on Tuesday, May 12th. Zacks Research raised shares of Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 21st. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $281.00 target price on shares of Vertiv in a report on Thursday, February 12th. Jefferies Financial Group restated a “hold” rating and set a $260.00 target price (down from $280.00) on shares of Vertiv in a report on Tuesday, March 31st. Finally, Royal Bank Of Canada raised their target price on shares of Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $326.39.

Read Our Latest Stock Analysis on Vertiv

Vertiv Stock Down 2.9%

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 has a market capitalization of $107.99 billion, a price-to-earnings ratio of 70.64, a P/E/G ratio of 1.30 and a beta of 2.03. The firm’s fifty day simple moving average is $313.37 and its 200 day simple moving average is $242.17.

Vertiv (NYSE:VRTGet Free Report) 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. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.63 billion. During the same period last year, the company posted $0.64 EPS. The business’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. On average, sell-side analysts forecast that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.

Vertiv Dividend Announcement

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

Institutional Investors Weigh In On Vertiv

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Pine Valley Investments Ltd Liability Co acquired a new stake in Vertiv in the 1st quarter valued at $2,195,000. DV Trading LLC increased its stake in Vertiv by 127.4% in the 1st quarter. DV Trading LLC now owns 1,321 shares of the company’s stock valued at $331,000 after buying an additional 740 shares during the last quarter. Parallel Advisors LLC increased its stake in Vertiv by 18.1% in the 1st quarter. Parallel Advisors LLC now owns 9,564 shares of the company’s stock valued at $2,397,000 after buying an additional 1,463 shares during the last quarter. Caerus Investment Advisors LLC increased its stake in Vertiv by 44.5% in the 1st quarter. Caerus Investment Advisors LLC now owns 3,163 shares of the company’s stock valued at $793,000 after buying an additional 974 shares during the last quarter. Finally, Glenmede Trust Co. NA acquired a new stake in Vertiv in the 1st quarter valued at $890,000. 89.92% of the stock is currently owned by institutional investors and hedge funds.

About Vertiv

(Get Free Report)

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.

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