Vertiv (NYSE:VRT) Cut to “Hold” at Zacks Research

Zacks Research cut shares of Vertiv (NYSE:VRT) from a strong-buy rating to a hold rating in a research note issued to investors on Thursday,Zacks.com reports.

Several other research firms have also recently weighed in on VRT. Evercore ISI reissued an “outperform” rating on shares of Vertiv in a report on Thursday, July 10th. Redburn Atlantic raised shares of Vertiv to a “hold” rating in a report on Wednesday, August 20th. Wolfe Research reissued an “outperform” rating and issued a $155.00 price target on shares of Vertiv in a report on Thursday, July 10th. The Goldman Sachs Group set a $159.00 price target on shares of Vertiv in a report on Monday, September 29th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Vertiv in a report on Sunday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Vertiv presently has an average rating of “Moderate Buy” and a consensus price target of $144.95.

Vertiv Stock Down 0.7%

Shares of VRT stock opened at $160.45 on Thursday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.35 and a current ratio of 1.74. The firm’s 50-day moving average is $137.27 and its 200-day moving average is $113.95. The stock has a market cap of $61.27 billion, a price-to-earnings ratio of 76.77, a PEG ratio of 1.41 and a beta of 1.84. Vertiv has a 52-week low of $53.60 and a 52-week high of $168.99.

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

Vertiv Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were issued a dividend of $0.0375 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.15 annualized dividend and a dividend yield of 0.1%. Vertiv’s dividend payout ratio (DPR) is currently 7.18%.

Insider Buying and Selling at Vertiv

In other news, Director Steven Reinemund sold 100,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total transaction of $12,822,000.00. Following the transaction, the director directly owned 133,333 shares of the company’s stock, valued at approximately $17,095,957.26. This trade represents a 42.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Paul Ryan sold 22,218 shares of the firm’s stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total transaction of $2,829,240.12. Following the transaction, the insider directly owned 12,803 shares in the company, valued at $1,630,334.02. This represents a 63.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 180,952 shares of company stock valued at $23,360,571 over the last ninety days. Company insiders own 2.63% of the company’s stock.

Institutional Trading of Vertiv

Large investors have recently made changes to their positions in the company. Promus Capital LLC acquired a new stake in shares of Vertiv during the 2nd quarter worth approximately $26,000. Avion Wealth boosted its position in shares of Vertiv by 99.1% during the 2nd quarter. Avion Wealth now owns 213 shares of the company’s stock worth $27,000 after acquiring an additional 106 shares in the last quarter. OLD Point Trust & Financial Services N A acquired a new stake in shares of Vertiv during the 2nd quarter worth approximately $32,000. DiNuzzo Private Wealth Inc. boosted its position in shares of Vertiv by 780.0% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company’s stock worth $34,000 after acquiring an additional 234 shares in the last quarter. Finally, University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Vertiv during the 2nd quarter worth approximately $37,000. Institutional investors and hedge funds 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.