Vertiv (NYSE:VRT) Trading Down 1.2% - Here's What Happened

Key Points

• Shares of Vertiv Holdings Co. (NYSE: VRT) experienced a decline of 1.2% during trading, with a low of $123.93 before settling at $124.43.
• Analysts have issued a variety of ratings on Vertiv, with two giving it a Strong Buy, eighteen recommending a Buy, while only one analyst rated it as a Sell.
• The company declared a recent dividend increase to $0.0375 per share, up from the previous $0.01, reflecting a dividend yield of 14.0%.

Shares of Vertiv Holdings Co. (NYSE:VRT - Get Free Report) dropped 1.2% during trading on Monday . The company traded as low as $123.93 and last traded at $124.43. Approximately 1,330,767 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 9,150,594 shares. The stock had previously closed at $125.97.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on VRT. Glj Research started coverage on shares of Vertiv in a research note on Tuesday, August 19th. They set a "sell" rating and a $112.00 price objective on the stock. Wall Street Zen raised Vertiv from a "buy" rating to a "strong-buy" rating in a research note on Saturday, June 21st. William Blair started coverage on Vertiv in a report on Monday, July 28th. They set an "outperform" rating on the stock. Zacks Research upgraded shares of Vertiv to a "strong-buy" rating in a research report on Monday, August 11th. Finally, Citigroup raised their target price on Vertiv from $130.00 to $149.00 and gave the stock a "buy" rating in a research note on Monday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $142.00.

Vertiv Stock Down 1.2%

The company has a market cap of $47.55 billion, a P/E ratio of 59.59, a price-to-earnings-growth ratio of 1.11 and a beta of 1.77. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.74 and a quick ratio of 1.35. The stock has a fifty day moving average price of $129.89 and a two-hundred day moving average price of $105.55.

Vertiv (NYSE:VRT - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $0.12. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The business had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.36 billion. During the same period in the prior year, the firm posted $0.67 EPS. Vertiv's quarterly revenue was up 35.1% compared to the same quarter last year. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, research analysts expect that Vertiv Holdings Co. will post 3.59 EPS for the current year.

Vertiv Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, June 26th. Investors of record on Tuesday, June 17th were given a dividend of $0.0375 per share. The ex-dividend date of this dividend was Monday, June 16th. This is an increase from Vertiv's previous dividend of $0.01. This represents a dividend yield of 14.0%. Vertiv's payout ratio is 7.18%.

Insider Transactions at Vertiv

In other news, EVP Stephen Liang sold 43,683 shares of the company's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $115.83, for a total value of $5,059,801.89. Following the completion of the transaction, the executive vice president directly owned 9,551 shares of the company's stock, valued at $1,106,292.33. This represents a 82.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Karsten Winther sold 41,654 shares of the stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $134.21, for a total value of $5,590,383.34. Following the sale, the insider directly owned 18,848 shares of the company's stock, valued at $2,529,590.08. The trade was a 68.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 5.01% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Ibex Wealth Advisors grew its position in Vertiv by 10.5% during the first quarter. Ibex Wealth Advisors now owns 73,739 shares of the company's stock valued at $5,324,000 after buying an additional 6,989 shares during the period. Gallo Partners LP purchased a new position in Vertiv in the fourth quarter valued at about $1,826,000. FengHe Fund Management Pte. Ltd. bought a new position in shares of Vertiv during the 1st quarter valued at approximately $33,389,000. Viking Fund Management LLC increased its stake in shares of Vertiv by 123.5% during the 1st quarter. Viking Fund Management LLC now owns 38,000 shares of the company's stock worth $2,744,000 after purchasing an additional 21,000 shares during the last quarter. Finally, Outlook Wealth Advisors LLC purchased a new stake in shares of Vertiv during the 1st quarter worth approximately $475,000. 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.

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