Vertiv (NYSE:VRT) Trading Down 11.1% Following Analyst Downgrade

Vertiv Holdings Co. (NYSE:VRTGet Free Report) shares traded down 11.1% on Tuesday after Zacks Research downgraded the stock from a strong-buy rating to a hold rating. The company traded as low as $316.51 and last traded at $318.38. Approximately 10,240,454 shares changed hands during trading, an increase of 49% from the average session volume of 6,886,338 shares. The stock had previously closed at $357.96.

A number of other analysts have also issued reports on the company. Loop Capital assumed coverage on Vertiv in a research report on Thursday, May 14th. They issued a “buy” rating and a $500.00 target price on the stock. Glj Research raised Vertiv from a “sell” rating to a “hold” rating in a research note on Thursday, June 18th. Oppenheimer boosted their price objective on Vertiv from $330.00 to $353.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Bank of America raised their target price on Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a report on Friday, May 15th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $260.00 target price (down from $280.00) on shares of Vertiv in a research report on Tuesday, March 31st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, Vertiv has a consensus rating of “Moderate Buy” and an average price target of $326.39.

Read Our Latest Stock Analysis on VRT

Institutional Investors Weigh In On Vertiv

A number of hedge funds have recently bought and sold shares of VRT. Vermillion & White Wealth Management Group LLC increased its stake in shares of Vertiv by 58.3% during the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 152 shares of the company’s stock worth $25,000 after buying an additional 56 shares during the period. Sankala Group LLC acquired a new position in Vertiv during the 4th quarter worth approximately $27,000. Meeder Asset Management Inc. increased its position in shares of Vertiv by 211.3% in the 4th quarter. Meeder Asset Management Inc. now owns 165 shares of the company’s stock valued at $27,000 after purchasing an additional 112 shares during the last quarter. Rossby Financial LCC purchased a new stake in shares of Vertiv during the 4th quarter worth $27,000. Finally, Park Place Capital Corp lifted its position in shares of Vertiv by 624.0% during the 4th quarter. Park Place Capital Corp now owns 181 shares of the company’s stock worth $29,000 after purchasing an additional 156 shares during the last quarter. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Trading Down 0.9%

The stock has a market cap of $121.12 billion, a price-to-earnings ratio of 79.23, a P/E/G ratio of 1.38 and a beta of 2.03. The business’s 50 day moving average is $323.75 and its 200 day moving average is $253.18. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.49 and a quick ratio of 1.15.

Vertiv (NYSE:VRTGet Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.17. The company 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%.Vertiv’s revenue for the quarter was up 30.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.64 EPS. 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, equities analysts expect that Vertiv Holdings Co. will post 6.36 earnings per share for the current fiscal 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 paid a dividend of $0.0625 per share. 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%.

Vertiv Company Profile

(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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