Vertiv (NYSE:VRT) Stock Rated Sell in New Coverage at Glj Research

Analysts at Glj Research assumed coverage on shares of Vertiv (NYSE:VRT) in a research note issued to investors on Tuesday, October 6th, Marketbeat.com reports. The brokerage set a “sell” rating and a $188.00 price target on the stock. Glj Research’s price objective would indicate a potential downside of 20.79% from the stock’s previous close.

Other analysts also recently issued reports about the stock. Robert W. Baird set a $320.00 target price on shares of Vertiv and gave the stock an “outperform” rating in a report on Thursday, July 30th. Citigroup reduced their target price on shares of Vertiv from $414.00 to $358.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. UBS Group restated a “buy” rating and issued a $370.00 target price on shares of Vertiv in a report on Thursday, July 30th. Zacks Research downgraded shares of Vertiv from a “strong-buy” rating to a “hold” rating in a report on Monday, August 31st. Finally, Wells Fargo & Company initiated coverage on shares of Vertiv in a report on Thursday, September 24th. They issued an “overweight” rating and a $340.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $337.67.

Vertiv Price Performance

NYSE VRT traded down $2.01 on Tuesday, reaching $237.36. The company had a trading volume of 4,801,018 shares, compared to its average volume of 6,338,485. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $91.38 billion, a PE ratio of 53.70, a price-to-earnings-growth ratio of 0.90 and a beta of 2.05. The firm’s 50 day moving average price is $259.36 and its 200 day moving average price is $289.79. Vertiv has a 12 month low of $147.82 and a 12 month high of $379.93.

Vertiv (NYSE:VRT) last posted 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. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same period in the previous year, the firm posted $0.95 EPS. The business’s quarterly revenue was up 24.1% on a year-over-year basis. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. As a group, equities analysts predict that Vertiv will post 6.73 earnings per share for the current year.

Insider Activity at Vertiv

In related news, Director Edward Monser sold 15,287 shares of Vertiv stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $253.82, for a total transaction of $3,880,146.34. Following the completion of the transaction, the director directly owned 16,500 shares of the company’s stock, valued at approximately $4,188,030. The trade was a 48.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Vertiv

Large investors have recently added to or reduced their stakes in the stock. Jupiter Topco LLC purchased a new stake in shares of Vertiv in the 2nd quarter valued at approximately $441,083,000. Alkeon Capital Management LLC grew its holdings in shares of Vertiv by 178.2% in the fourth quarter. Alkeon Capital Management LLC now owns 2,003,110 shares of the company’s stock valued at $324,524,000 after purchasing an additional 1,283,110 shares in the last quarter. State Street Corp grew its holdings in shares of Vertiv by 4.5% in the second quarter. State Street Corp now owns 16,531,530 shares of the company’s stock valued at $5,535,087,000 after purchasing an additional 704,970 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Vertiv by 33.7% in the first quarter. Bank of New York Mellon Corp now owns 2,410,642 shares of the company’s stock valued at $604,059,000 after purchasing an additional 608,176 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of Vertiv by 24.2% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,657,948 shares of the company’s stock valued at $430,614,000 after purchasing an additional 517,980 shares in the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

About Vertiv

Vertiv Holdings Co provides digital infrastructure and continuity solutions for data centers, communication networks, and other technology-intensive facilities. The company helps customers design, build, operate, and maintain infrastructure that supports the availability, performance, and efficiency of critical digital systems.

Its product portfolio includes power management and distribution equipment, uninterruptible power supplies, switchgear, busways, racks, integrated modular systems, and data center infrastructure.