Vertiv (NYSE:VRT) Stock Price Down 6.2% – Should You Sell?
by Danessa Lincoln · The Markets DailyVertiv Holdings Co. (NYSE:VRT – Get Free Report)’s stock price was down 6.2% during trading on Thursday . The stock traded as low as $158.77 and last traded at $160.9630. Approximately 7,659,871 shares traded hands during mid-day trading, an increase of 13% from the average daily volume of 6,774,930 shares. The stock had previously closed at $171.54.
Analysts Set New Price Targets
Several equities analysts recently issued reports on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Vertiv in a report on Monday, December 22nd. Morgan Stanley lifted their target price on shares of Vertiv from $165.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. Evercore ISI increased their price target on Vertiv from $180.00 to $200.00 and gave the stock an “outperform” rating in a research report on Monday, October 20th. Zacks Research upgraded Vertiv from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 31st. Finally, Deutsche Bank Aktiengesellschaft set a $216.00 target price on Vertiv and gave the stock a “buy” rating in a report on Wednesday, October 15th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $181.38.
Vertiv Trading Up 1.8%
The company has a quick ratio of 1.43, a current ratio of 1.83 and a debt-to-equity ratio of 0.83. The company has a market cap of $62.56 billion, a P/E ratio of 61.75, a P/E/G ratio of 1.02 and a beta of 2.06. The business has a 50-day moving average price of $171.53 and a two-hundred day moving average price of $153.14.
Vertiv (NYSE:VRT – Get Free Report) last announced 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 net margin of 10.67% and a return on equity of 50.82%. The business had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.59 billion. During the same period in the prior year, the business posted $0.76 earnings per share. Vertiv’s revenue was up 29.0% compared to the same quarter last year. 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, analysts predict that Vertiv Holdings Co. will post 3.59 EPS for the current year.
Vertiv Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, November 25th were paid a $0.0625 dividend. The ex-dividend date of this dividend was 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 0.2%. Vertiv’s payout ratio is currently 9.43%.
Insider Activity
In other news, EVP Stephen Liang sold 5,501 shares of the company’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $170.48, for a total value of $937,810.48. Following the completion of the sale, the executive vice president directly owned 4,050 shares of the company’s stock, valued at $690,444. This represents a 57.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 2.63% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the business. Howard Capital Management Inc. raised its holdings in Vertiv by 3.0% in the 3rd quarter. Howard Capital Management Inc. now owns 1,837 shares of the company’s stock worth $277,000 after purchasing an additional 54 shares during the period. Investors Asset Management of Georgia Inc. GA ADV lifted its position in shares of Vertiv by 1.9% during the 3rd quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 3,020 shares of the company’s stock valued at $456,000 after buying an additional 55 shares in the last quarter. Ancora Advisors LLC grew its stake in shares of Vertiv by 0.4% during the 3rd quarter. Ancora Advisors LLC now owns 15,923 shares of the company’s stock valued at $2,402,000 after acquiring an additional 64 shares during the period. JBR Co Financial Management Inc boosted its position in shares of Vertiv by 0.8% in the third quarter. JBR Co Financial Management Inc now owns 7,825 shares of the company’s stock worth $1,180,000 after purchasing an additional 65 shares during the period. Finally, Brown Brothers Harriman & Co. increased its stake in Vertiv by 37.8% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 237 shares of the company’s stock worth $36,000 after buying an additional 65 shares in the last quarter. Institutional investors own 89.92% of the company’s stock.
About Vertiv
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.