Vertiv (NYSE:VRT) Trading Down 2.6% – Should You Sell?

Vertiv Holdings Co. (NYSE:VRT)’s share price dropped 2.6% during trading on Monday . The company traded as low as $164.56 and last traded at $166.5080. Approximately 5,175,599 shares changed hands during trading, a decline of 41% from the average daily volume of 8,738,004 shares. The stock had previously closed at $170.97.

Wall Street Analyst Weigh In

A number of analysts have issued reports on VRT shares. Zacks Research raised Vertiv from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 31st. The Goldman Sachs Group set a $182.00 price target on shares of Vertiv in a research note on Thursday, October 23rd. Cowen set a $210.00 target price on shares of Vertiv in a report on Thursday, October 23rd. Royal Bank Of Canada upped their target price on shares of Vertiv from $191.00 to $196.00 and gave the company an “outperform” rating in a research report on Thursday, October 23rd. Finally, Glj Research started coverage on Vertiv in a research report on Tuesday, August 19th. They issued a “sell” rating and a $112.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Vertiv has an average rating of “Moderate Buy” and an average price target of $177.81.

Vertiv Stock Up 3.8%

The firm has a market cap of $65.43 billion, a P/E ratio of 64.57, a P/E/G ratio of 1.35 and a beta of 1.87. 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 business has a 50-day moving average price of $166.04 and a 200-day moving average price of $137.31.

Vertiv (NYSE:VRT) last released its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.99 by $0.25. Vertiv had a net margin of 10.67% and a return on equity of 50.82%. The company had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.59 billion. During the same period in the prior year, the firm earned $0.76 earnings per share. The firm’s revenue for the quarter was up 29.0% compared to the same quarter last year. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS. FY 2025 guidance at 4.070-4.130 EPS. On average, equities analysts forecast that Vertiv Holdings Co. will post 3.59 EPS for the current fiscal year.

Vertiv Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Tuesday, November 25th will be issued a dividend of $0.0625 per share. The ex-dividend date of this dividend is Tuesday, November 25th. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. This represents a $0.25 annualized dividend and a yield of 0.1%. Vertiv’s dividend payout ratio is 4.15%.

Insiders Place Their Bets

In other Vertiv news, insider Paul Ryan sold 22,218 shares of Vertiv stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total value of $2,829,240.12. Following the transaction, the insider owned 12,803 shares in the company, valued at $1,630,334.02. The trade was a 63.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Steven Reinemund sold 100,000 shares of Vertiv stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the completion of the transaction, the director directly owned 133,333 shares in the company, valued at approximately $17,095,957.26. The trade was a 42.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 139,298 shares of company stock worth $17,770,188 over the last 90 days. Company insiders own 5.01% of the company’s stock.

Institutional Investors Weigh In On Vertiv

Several institutional investors have recently bought and sold shares of VRT. Financial Management Professionals Inc. boosted its position in shares of 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 purchasing an additional 156 shares in the last quarter. Pacer Advisors Inc. grew its stake in shares of Vertiv by 67.6% during 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 last quarter. True Wealth Design LLC raised its position in shares of Vertiv by 54.0% in the 3rd quarter. True Wealth Design LLC now owns 194 shares of the company’s stock valued at $29,000 after purchasing an additional 68 shares during the last quarter. Quent Capital LLC acquired a new stake in Vertiv in the 3rd quarter worth approximately $30,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in Vertiv in the 3rd quarter worth approximately $30,000. 89.92% of the stock is currently owned by institutional investors and hedge funds.

About Vertiv

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.