Vertiv (NYSE:VRT) Rating Lowered to Hold at Wall Street Zen

Vertiv (NYSE:VRT – Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

A number of other brokerages have also recently issued reports on VRT. Bank of America decreased their price objective on shares of Vertiv from $440.00 to $375.00 and set a “buy” rating for the company in a report on Thursday, July 30th. The Goldman Sachs Group cut their target price on Vertiv from $352.00 to $301.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Piper Sandler set a $375.00 target price on Vertiv in a report on Wednesday, July 29th. BMO Capital Markets began coverage on Vertiv in a research report on Sunday, October 4th. They issued an “outperform” rating and a $329.00 price target for the company. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Vertiv in a research report on Monday, September 28th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Vertiv currently has an average rating of “Moderate Buy” and an average target price of $335.67.

Get Our Latest Stock Report on Vertiv

Vertiv Price Performance

NYSE VRT opened at $206.07 on Friday. 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 stock has a market capitalization of $79.34 billion, a PE ratio of 46.62, a price-to-earnings-growth ratio of 0.77 and a beta of 2.05. Vertiv has a 12-month low of $147.82 and a 12-month high of $379.93. The company has a 50 day moving average price of $255.71 and a two-hundred day moving average price of $289.13.

Vertiv (NYSE:VRT – Get Free Report) 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 company had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. Vertiv’s quarterly revenue was up 24.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $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. As a group, equities analysts predict that Vertiv will post 6.73 earnings per share for the current fiscal year.

Insider Buying and Selling at Vertiv

In other news, Director Edward Monser sold 15,287 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $253.82, for a total value of $3,880,146.34. Following the completion of the sale, the director directly owned 16,500 shares of the company’s stock, valued at approximately $4,188,030. This represents a 48.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Vertiv

Several large investors have recently bought and sold shares of VRT. State Street Corp increased its stake in shares of Vertiv by 4.5% in the 2nd quarter. State Street Corp now owns 16,531,530 shares of the company’s stock valued at $5,535,087,000 after purchasing an additional 704,970 shares during the last quarter. Wellington Management Group LLP raised its holdings in shares of Vertiv by 14.1% during the 2nd quarter. Wellington Management Group LLP now owns 3,794,360 shares of the company’s stock worth $1,270,428,000 after buying an additional 468,380 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Vertiv by 1.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,709,276 shares of the company’s stock worth $678,890,000 after buying an additional 51,328 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Vertiv by 33.7% during the 1st quarter. Bank of New York Mellon Corp now owns 2,410,642 shares of the company’s stock worth $604,059,000 after buying an additional 608,176 shares during the last quarter. Finally, Legal & General Group Plc lifted its position in shares of Vertiv by 1.1% during the 2nd quarter. Legal & General Group Plc now owns 2,138,967 shares of the company’s stock worth $716,169,000 after buying an additional 23,444 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors and hedge funds.

About Vertiv

(Get Free Report)

Vertiv Holdings Co (NYSE: VRT) designs, manufactures and services critical digital infrastructure that supports data centers, communication networks and other facilities requiring reliable power and environmental control. Its solutions are used by cloud and colocation providers, telecommunications companies, enterprises, industrial organizations and edge-computing operators.

The company’s offerings include uninterruptible power supplies, power distribution and management systems, thermal-management and cooling equipment, integrated racks and enclosures, modular infrastructure, and monitoring and control software.

Further Reading

Analyst Recommendations for Vertiv (NYSE:VRT)

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