Vertiv (NYSE:VRT) Trading Down 6.8% – Here’s Why

by · The Cerbat Gem

Vertiv Holdings Co. (NYSE:VRT – Get Free Report)’s share price dropped 6.8% during trading on Wednesday . The company traded as low as $147.82 and last traded at $149.7620. Approximately 11,870,969 shares traded hands during mid-day trading, an increase of 37% from the average daily volume of 8,639,305 shares. The stock had previously closed at $160.66.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Morgan Stanley upped their price target on shares of Vertiv from $165.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. TD Cowen boosted their price objective on shares of Vertiv from $162.00 to $210.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Wolfe Research downgraded shares of Vertiv from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, December 9th. The Goldman Sachs Group raised their target price on Vertiv from $182.00 to $204.00 and gave the stock a “buy” rating in a research note on Tuesday, December 9th. Finally, Zacks Research raised Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Vertiv has a consensus rating of “Moderate Buy” and an average price target of $180.48.

Check Out Our Latest Research Report on VRT

Vertiv Price Performance

The company has a market cap of $61.07 billion, a PE ratio of 60.27, a PEG ratio of 1.24 and a beta of 2.03. The firm’s 50-day moving average is $176.27 and its 200-day moving average is $147.64. The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83.

Vertiv (NYSE:VRT – Get Free Report) last posted its quarterly earnings data on Wednesday, October 22nd. The company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.25. Vertiv had a return on equity of 50.82% and a net margin of 10.67%.The business had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.59 billion. During the same period in the previous year, the firm posted $0.76 EPS. The business’s revenue was up 29.0% on a year-over-year basis. Vertiv has set its Q4 2025 guidance at 1.230-1.290 EPS and its FY 2025 guidance at 4.070-4.130 EPS. On average, equities analysts anticipate that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, November 25th were issued a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.2%. This is a positive change from Vertiv’s previous quarterly dividend of $0.04. The ex-dividend date was Tuesday, November 25th. Vertiv’s dividend payout ratio is currently 9.43%.

Insider Activity at Vertiv

In other news, EVP Stephen Liang sold 5,501 shares of the business’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $170.48, for a total transaction of $937,810.48. Following the sale, the executive vice president owned 4,050 shares in the company, valued at approximately $690,444. The trade was a 57.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 2.63% of the company’s stock.

Institutional Trading of Vertiv

A number of hedge funds have recently made changes to their positions in the stock. Norges Bank purchased a new position in Vertiv in the 2nd quarter worth approximately $538,132,000. Winslow Capital Management LLC purchased a new stake in Vertiv during the 2nd quarter valued at $459,284,000. Amundi increased its holdings in shares of Vertiv by 96.8% in the 1st quarter. Amundi now owns 6,951,773 shares of the company’s stock worth $469,490,000 after purchasing an additional 3,420,144 shares in the last quarter. 1832 Asset Management L.P. raised its stake in shares of Vertiv by 985.3% in the first quarter. 1832 Asset Management L.P. now owns 2,301,700 shares of the company’s stock worth $166,183,000 after purchasing an additional 2,089,612 shares during the last quarter. Finally, Nordea Investment Management AB lifted its holdings in shares of Vertiv by 100.1% during the second quarter. Nordea Investment Management AB now owns 3,246,769 shares of the company’s stock valued at $415,132,000 after purchasing an additional 1,624,456 shares in the last quarter. 89.92% of the stock is owned by 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.

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