Vertiv (NYSE:VRT) Stock Price Down 2.3% - Should You Sell?

Key Points

• Vertiv Holdings Co. shares dropped by 2.3% in trading, closing at $159.10, amidst a trading volume decline of 23% from the average.
• Analysts largely maintain a positive outlook, with a consensus rating of "Moderate Buy" and a target price averaging $147.58.
• The company recently declared a quarterly dividend yielding 0.1%, with a payout ratio of 7.18% and an annualized dividend of $0.15 per share.

Shares of Vertiv Holdings Co. (NYSE:VRT - Get Free Report) traded down 2.3% during trading on Tuesday . The company traded as low as $154.77 and last traded at $159.10. 6,868,774 shares changed hands during trading, a decline of 23% from the average session volume of 8,870,270 shares. The stock had previously closed at $162.80.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Citigroup upped their price objective on Vertiv from $130.00 to $149.00 and gave the stock a "buy" rating in a report on Monday, July 14th. Rothschild Redb upgraded Vertiv to a "hold" rating in a report on Wednesday, August 20th. Redburn Atlantic upgraded Vertiv to a "hold" rating in a report on Wednesday, August 20th. Wall Street Zen upgraded Vertiv from a "buy" rating to a "strong-buy" rating in a report on Saturday, June 21st. Finally, JPMorgan Chase & Co. increased their price target on Vertiv from $127.00 to $150.00 and gave the company an "overweight" rating in a report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $147.58.

Vertiv Stock Down 2.3%

The firm has a 50 day moving average price of $137.67 and a two-hundred day moving average price of $114.64. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $60.76 billion, a price-to-earnings ratio of 76.13, a P/E/G ratio of 1.41 and a beta of 1.84.

Vertiv (NYSE:VRT - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.12. The company had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.36 billion. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The company's revenue was up 35.1% on a year-over-year basis. During the same period last year, the firm earned $0.67 earnings per share. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, sell-side analysts expect that Vertiv Holdings Co. will post 3.59 earnings per share for the current year.

Vertiv Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Monday, September 15th were given 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 presently 7.18%.

Insider Activity at Vertiv

In other news, insider Karsten Winther sold 41,654 shares of the stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $134.21, for a total transaction of $5,590,383.34. Following the transaction, the insider 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Steven Reinemund sold 100,000 shares of the stock in a transaction dated Tuesday, August 26th. The stock was 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 in the company, valued at $17,095,957.26. The trade was a 42.86% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 180,952 shares of company stock worth $23,360,571. 2.63% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Vertiv

Large investors have recently bought and sold shares of the business. Promus Capital LLC bought a new position in Vertiv in the second quarter worth about $26,000. Avion Wealth grew its position in Vertiv by 99.1% in the second quarter. Avion Wealth now owns 213 shares of the company's stock worth $27,000 after buying an additional 106 shares during the last quarter. OLD Point Trust & Financial Services N A acquired a new position in Vertiv in the second quarter worth approximately $32,000. DiNuzzo Private Wealth Inc. grew its position in Vertiv by 780.0% in the second quarter. DiNuzzo Private Wealth Inc. now owns 264 shares of the company's stock worth $34,000 after buying an additional 234 shares during the last quarter. Finally, University of Texas Texas AM Investment Management Co. acquired a new position in Vertiv in the second quarter worth approximately $37,000. Institutional investors own 89.92% of the company's stock.

Vertiv Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.