Glj Research Begins Coverage on Vertiv (NYSE:VRT)

Stock analysts at Glj Research started coverage on shares of Vertiv (NYSE:VRT) in a research report issued on Tuesday, MarketBeat Ratings reports. The brokerage set a “sell” rating and a $112.00 price target on the stock. Glj Research’s target price indicates a potential downside of 12.07% from the company’s previous close.

VRT has been the topic of several other reports. Oppenheimer boosted their price objective on shares of Vertiv from $140.00 to $151.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Barclays set a $128.00 price target on shares of Vertiv and gave the stock an “equal weight” rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. raised their price objective on shares of Vertiv from $127.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, July 31st. Bank of America lifted their price objective on Vertiv from $140.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, July 17th. Finally, William Blair started coverage on Vertiv in a research note on Monday, July 28th. They set an “outperform” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Vertiv has an average rating of “Moderate Buy” and an average price target of $142.00.

Vertiv Price Performance

Shares of VRT opened at $127.3760 on Tuesday. The company has a market capitalization of $48.64 billion, a price-to-earnings ratio of 60.95, a price-to-earnings-growth ratio of 1.14 and a beta of 1.77. Vertiv has a fifty-two week low of $53.60 and a fifty-two week high of $155.84. The firm has a 50-day simple moving average of $129.34 and a 200-day simple moving average of $105.54. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74.

Vertiv (NYSE:VRT) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.12. The company had revenue of $2.64 billion during the quarter, compared to analysts’ expectations of $2.36 billion. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The firm’s revenue for the quarter was up 35.1% on a year-over-year basis. During the same period last year, the firm earned $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, equities research analysts anticipate that Vertiv will post 3.59 earnings per share for the current year.

Insiders Place Their Bets

In other news, EVP Stephen Liang sold 43,683 shares of the firm’s stock in a transaction on Friday, June 6th. The shares were sold at an average price of $115.83, for a total value of $5,059,801.89. Following the transaction, the executive vice president owned 9,551 shares of the company’s stock, valued at approximately $1,106,292.33. This trade represents a 82.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Karsten Winther sold 41,654 shares of the company’s stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the sale, the insider directly owned 18,848 shares of the company’s stock, valued at approximately $2,529,590.08. This trade represents a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. 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 company. Thompson Davis & CO. Inc. purchased a new stake in shares of Vertiv during the second quarter worth about $385,000. B. Riley Wealth Advisors Inc. bought a new position in Vertiv in the second quarter worth about $999,000. Hudson Bay Capital Management LP bought a new stake in shares of Vertiv in the 2nd quarter worth approximately $10,903,000. Tactive Advisors LLC bought a new stake in Vertiv in the second quarter valued at $705,000. Finally, Geneos Wealth Management Inc. lifted its position in Vertiv by 7.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,494 shares of the company’s stock valued at $449,000 after purchasing an additional 251 shares during the last quarter. Hedge funds and other institutional investors own 89.92% of the company’s stock.

About Vertiv

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.