Vertiv (NYSE:VRT) Stock Price Down 6.9% – Here’s What Happened

Vertiv Holdings Co. (NYSE:VRT) shares fell 6.9% during trading on Tuesday . The stock traded as low as $270.31 and last traded at $272.3750. 5,558,527 shares traded hands during mid-day trading, a decline of 17% from the average session volume of 6,705,633 shares. The stock had previously closed at $292.43.

Wall Street Analyst Weigh In

A number of analysts have commented on VRT shares. Piper Sandler set a $375.00 target price on shares of Vertiv in a report on Wednesday, July 29th. Bank of America increased their target price on shares of Vertiv from $370.00 to $440.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Roth Capital reiterated a “buy” rating and issued a $355.00 price target on shares of Vertiv in a research report on Thursday, May 21st. Mizuho set a $380.00 price objective on shares of Vertiv in a research report on Thursday, May 21st. Finally, TD Cowen lifted their target price on shares of Vertiv from $347.00 to $387.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Vertiv currently has an average rating of “Moderate Buy” and an average target price of $348.54.

Vertiv Stock Performance

The stock has a market cap of $104.86 billion, a P/E ratio of 61.62, a PEG ratio of 1.21 and a beta of 2.06. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.03. The firm’s 50-day moving average price is $296.84 and its 200-day moving average price is $285.47.

Vertiv (NYSE:VRT) last issued its earnings results on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.09. The firm had revenue of $3.27 billion during 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 revenue for the quarter was up 24.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.95 earnings per share. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. Sell-side analysts expect that Vertiv Holdings Co. will post 6.7 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were paid a dividend of $0.0625 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a yield of 0.1%. Vertiv’s dividend payout ratio is presently 5.66%.

Institutional Trading of Vertiv

Large investors have recently added to or reduced their stakes in the company. Lingotto Investment Management LLP purchased a new stake in Vertiv in the 4th quarter worth about $2,641,000. Norges Bank purchased a new position in shares of Vertiv during the fourth quarter valued at approximately $808,701,000. Sterling Investment Advisors Ltd. grew its stake in shares of Vertiv by 26.1% during the fourth 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 last quarter. Dymon Asia Capital Singapore PTE. LTD. bought a new position in shares of Vertiv during the fourth quarter valued at approximately $2,197,000. Finally, WD Rutherford LLC raised its holdings in shares of Vertiv by 80.7% in the fourth quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock worth $2,443,000 after buying an additional 6,734 shares during the period. Institutional investors own 89.92% of the company’s stock.

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.