Vertiv (NYSE:VRT) Shares Down 6.6% – What’s Next?

Vertiv Holdings Co. (NYSE:VRTGet Free Report)’s stock price traded down 6.6% on Friday . The company traded as low as $300.19 and last traded at $304.1050. Approximately 21,766,267 shares were traded during trading, an increase of 211% from the average session volume of 7,005,517 shares. The stock had previously closed at $325.57.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Zacks Research cut shares of Vertiv from a “strong-buy” rating to a “hold” rating in a report on Monday. Bank of America boosted their price target on Vertiv from $370.00 to $440.00 and gave the company a “buy” rating in a research report on Friday, May 15th. Weiss Ratings downgraded Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, April 24th. Royal Bank Of Canada increased their price objective on Vertiv from $356.00 to $435.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Finally, BNP Paribas Exane started coverage on Vertiv in a research note on Tuesday, April 14th. They issued an “outperform” rating and a $345.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $326.39.

Read Our Latest Research Report on VRT

Vertiv Trading Down 6.6%

The firm has a market cap of $116.81 billion, a PE ratio of 76.41, a P/E/G ratio of 1.37 and a beta of 2.03. The company’s fifty day moving average price is $324.04 and its two-hundred day moving average price is $254.14. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69.

Vertiv (NYSE:VRTGet Free Report) last issued 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 business had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The business’s revenue was up 30.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.64 earnings per share. 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, sell-side analysts forecast 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 was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were paid a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, June 15th. Vertiv’s dividend payout ratio is 6.28%.

Institutional Trading of Vertiv

A number of institutional investors have recently modified their holdings of the business. CreativeOne Wealth LLC increased its stake in Vertiv by 187.8% in the third quarter. CreativeOne Wealth LLC now owns 10,646 shares of the company’s stock valued at $1,606,000 after purchasing an additional 6,947 shares during the last quarter. Lingotto Investment Management LLP acquired a new stake in Vertiv in the 4th quarter worth about $2,641,000. Norges Bank purchased a new stake in Vertiv in the 4th quarter valued at about $808,701,000. Sterling Investment Advisors Ltd. grew its holdings in Vertiv by 26.1% in the 4th quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock valued at $3,641,000 after buying an additional 4,645 shares during the period. Finally, WD Rutherford LLC increased its stake in shares of Vertiv by 80.7% during the 4th quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock valued at $2,443,000 after acquiring an additional 6,734 shares during the last quarter. 89.92% of the stock is currently owned by hedge funds and other institutional investors.

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.

Recommended Stories

Receive News & Ratings for Vertiv Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vertiv and related companies with MarketBeat.com's FREE daily email newsletter.