Vertiv (NYSE:VRT) Given New $414.00 Price Target at Citigroup

Key Points

• Citigroup raised its price target on Vertiv to $414 (from $353) and maintained a "buy" rating, implying roughly a 21.75% upside from the prior close.
• Shares fell 5.3% to $340.05 even though Vertiv beat Q1 estimates with $1.17 EPS (vs. $1.00), delivered 30.1% revenue growth, and set Q2 guidance of 1.37–1.43 EPS and FY2026 guidance of 6.30–6.40 EPS.
• Company insiders have been significant sellers—489,761 shares sold totaling about $123.4 million—while institutional investors own about 89.92% of the stock and insider ownership is ~1.10%.

Vertiv (NYSE:VRT - Get Free Report) had its target price raised by research analysts at Citigroup from $353.00 to $414.00 in a report released on Thursday,Benzinga reports. The firm presently has a "buy" rating on the stock. Citigroup's price target would suggest a potential upside of 21.75% from the stock's previous close.

Several other equities research analysts also recently issued reports on VRT. Weiss Ratings downgraded Vertiv from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday, April 24th. Wall Street Zen raised Vertiv from a "buy" rating to a "strong-buy" rating in a research note on Saturday, May 2nd. The Goldman Sachs Group increased their price objective on Vertiv from $277.00 to $311.00 and gave the stock a "buy" rating in a research note on Tuesday, April 14th. JPMorgan Chase & Co. increased their price objective on Vertiv from $305.00 to $350.00 and gave the stock an "overweight" rating in a research note on Friday, April 24th. Finally, Roth Mkm reissued a "buy" rating and issued a $335.00 price objective on shares of Vertiv in a research note on Thursday, April 16th. Twenty-one equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Vertiv currently has an average rating of "Moderate Buy" and an average price target of $281.29.

Vertiv Trading Down 5.3%

Shares of NYSE:VRT traded down $18.87 during midday trading on Thursday, reaching $340.05. The company had a trading volume of 5,410,957 shares, compared to its average volume of 7,156,298. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.15 and a current ratio of 1.49. Vertiv has a 1-year low of $92.13 and a 1-year high of $359.84. The firm has a market cap of $130.62 billion, a price-to-earnings ratio of 85.44, a price-to-earnings-growth ratio of 1.46 and a beta of 2.09. The company has a fifty day simple moving average of $278.65 and a two-hundred day simple moving average of $216.60.

Vertiv (NYSE:VRT - Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating analysts' consensus estimates of $1.00 by $0.17. Vertiv had a return on equity of 49.90% and a net margin of 14.37%.The business had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.63 billion. During the same quarter last year, the company posted $0.64 EPS. Vertiv's revenue for the quarter was up 30.1% on a year-over-year basis. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. Research analysts predict that Vertiv will post 6.42 earnings per share for the current year.

Insider Activity at Vertiv

In related news, EVP Anders Karlborg sold 30,487 shares of the firm's stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $246.92, for a total value of $7,527,850.04. Following the transaction, the executive vice president directly owned 34,746 shares of the company's stock, valued at approximately $8,579,482.32. This trade represents a 46.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jan Van Dokkum sold 38,647 shares of the firm's stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $254.87, for a total value of $9,849,960.89. Following the completion of the transaction, the director directly owned 25,000 shares in the company, valued at $6,371,750. The trade was a 60.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 489,761 shares of company stock worth $123,356,815. 1.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Empowered Funds LLC grew its holdings in shares of Vertiv by 25.9% during the 1st quarter. Empowered Funds LLC now owns 11,557 shares of the company's stock worth $834,000 after purchasing an additional 2,377 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Vertiv during the 2nd quarter worth approximately $567,000. Cary Street Partners Financial LLC grew its holdings in shares of Vertiv by 19.8% during the 2nd quarter. Cary Street Partners Financial LLC now owns 1,390 shares of the company's stock worth $178,000 after purchasing an additional 230 shares in the last quarter. Bank of Nova Scotia grew its holdings in shares of Vertiv by 49.7% during the 2nd quarter. Bank of Nova Scotia now owns 29,239 shares of the company's stock worth $3,755,000 after purchasing an additional 9,712 shares in the last quarter. Finally, Ossiam acquired a new stake in shares of Vertiv during the 2nd quarter worth approximately $50,000. 89.92% of the stock is owned by 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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