Vertiv (NYSE:VRT) Stock Rating Lowered by Zacks Research

Key Points

• Zacks Research downgraded Vertiv from “strong buy” to “hold,” although the broader analyst consensus remains “Moderate Buy” with an average price target of $357.83.
• Vertiv reported quarterly earnings of $1.52 per share, beating estimates of $1.43, while revenue rose 24.1% year over year to $3.27 billion but fell short of expectations.
• The stock opened at $256.48, well below its 52-week high of $379.93; hedge funds and other institutional investors own approximately 89.92% of the company.

Vertiv (NYSE:VRT - Get Free Report) was downgraded by research analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a research report issued to clients and investors on Monday, Zacks reports.

Other equities analysts have also recently issued reports about the company. Wall Street Zen cut Vertiv from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 20th. Piper Sandler set a $375.00 price objective on Vertiv in a report on Wednesday, July 29th. TD Cowen upped their price objective on Vertiv from $347.00 to $387.00 and gave the company a "buy" rating in a research report on Wednesday, May 20th. Fox Advisors raised Vertiv from a "hold" rating to a "strong-buy" rating in a report on Thursday, May 21st. Finally, Barclays raised their target price on Vertiv from $345.00 to $412.00 and gave the stock an "overweight" rating in a research report on Friday, May 15th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $357.83.

Vertiv Stock Performance

Shares of VRT stock opened at $256.48 on Monday. The company has a 50 day moving average price of $285.51 and a 200-day moving average price of $290.50. Vertiv has a 52 week low of $118.70 and a 52 week high of $379.93. The firm has a market capitalization of $98.74 billion, a PE ratio of 58.03, a P/E/G ratio of 1.06 and a beta of 2.07. The company has a quick ratio of 1.03, a current ratio of 1.38 and a debt-to-equity ratio of 0.62.

Vertiv (NYSE:VRT - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.52 earnings per share for the quarter, beating 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 company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.38 billion. During the same quarter in the prior year, the firm earned $0.95 earnings per share. The firm's revenue for the quarter was up 24.1% compared to the same quarter last year. 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 research analysts expect that Vertiv will post 6.7 earnings per share for the current year.

Hedge Funds Weigh In On Vertiv

Several institutional investors have recently bought and sold shares of the stock. SFE Investment Counsel grew its holdings in Vertiv by 1.1% during the 1st quarter. SFE Investment Counsel now owns 3,052 shares of the company's stock valued at $765,000 after buying an additional 32 shares in the last quarter. Versant Capital Management Inc increased its position in Vertiv by 3.0% in the second quarter. Versant Capital Management Inc now owns 1,156 shares of the company's stock worth $387,000 after purchasing an additional 34 shares during the last quarter. Webster Bank N. A. increased its holdings in shares of Vertiv by 6.9% in the 1st quarter. Webster Bank N. A. now owns 542 shares of the company's stock worth $136,000 after buying an additional 35 shares during the last quarter. Sachetta LLC raised its position in shares of Vertiv by 41.4% during the 1st quarter. Sachetta LLC now owns 123 shares of the company's stock valued at $31,000 after buying an additional 36 shares in the last quarter. Finally, Pincus Capital Management LP lifted its holdings in shares of Vertiv by 0.8% in the 1st quarter. Pincus Capital Management LP now owns 4,713 shares of the company's stock valued at $1,181,000 after acquiring an additional 38 shares during the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

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.

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