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

Shares of Vertiv Holdings Co. (NYSE:VRT) were down 2.9% during mid-day trading on Wednesday . The stock traded as low as $275.18 and last traded at $281.14. Approximately 6,499,351 shares traded hands during mid-day trading, a decline of 6% from the average daily volume of 6,927,952 shares. The stock had previously closed at $289.52.

Analyst Ratings Changes

Several equities research analysts have issued reports on VRT shares. Loop Capital started coverage on shares of Vertiv in a research note on Thursday, May 14th. They issued a “buy” rating and a $500.00 price target on the stock. Fox Advisors upgraded shares of Vertiv from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 21st. Royal Bank Of Canada boosted 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. Roth Mkm restated a “buy” rating and set a $355.00 target price on shares of Vertiv in a report on Thursday, May 21st. Finally, Weiss Ratings downgraded shares of Vertiv from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $326.39.

Vertiv Stock Performance

The firm 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 stock’s fifty day moving average is $313.37 and its two-hundred day moving average is $242.17. 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:VRT) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 EPS for the quarter, beating 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 in the previous year, the company earned $0.64 earnings per share. The company’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, analysts predict that Vertiv Holdings Co. will post 6.36 earnings per share for the current year.

Vertiv Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Monday, June 15th will be issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Monday, June 15th. Vertiv’s payout ratio is currently 6.28%.

Hedge Funds Weigh In On Vertiv

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

Vertiv Company Profile

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.