Vertiv (NYSE:VRT) Stock Price Down 1.8% Following Analyst Downgrade

Vertiv Holdings Co. (NYSE:VRT)’s stock price dropped 1.8% on Friday after Royal Bank Of Canada lowered their price target on the stock from $435.00 to $418.00. Royal Bank Of Canada currently has an outperform rating on the stock. Vertiv traded as low as $272.93 and last traded at $288.7910. Approximately 5,962,248 shares traded hands during trading, a decline of 13% from the average session volume of 6,820,236 shares. The stock had previously closed at $294.11.

VRT has been the topic of a number of other research reports. Jefferies Financial Group reissued a “hold” rating and issued a $260.00 price objective (down from $280.00) on shares of Vertiv in a research report on Tuesday, March 31st. Citigroup raised their target price on shares of Vertiv from $353.00 to $414.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Loop Capital started coverage on shares of Vertiv in a research note on Thursday, May 14th. They issued a “buy” rating and a $500.00 price target on the stock. BNP Paribas Exane initiated coverage on shares of Vertiv in a research report on Tuesday, April 14th. They set an “outperform” rating and a $345.00 price target on the stock. Finally, Morgan Stanley increased their price objective on shares of Vertiv from $285.00 to $350.00 and gave the stock an “overweight” rating in a research note on Thursday, April 23rd. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $342.73.

Trending Headlines about Vertiv

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: Robert W. Baird upgraded Vertiv to strong-buy and initiated/boosted coverage with a $370 price target, citing strong demand tied to data center growth and AI infrastructure spending. Vertiv rated outperform in new coverage at Baird on data center demand
• Positive Sentiment: Baird’s coverage highlights Vertiv as a key beneficiary of the AI data center power buildout, a theme that investors have been rewarding across infrastructure and cooling names. Vertiv (VRT) Stock: Baird Initiates Coverage With $370 Price Target and Outperform Rating
• Positive Sentiment: Market commentary continues to group Vertiv among the stocks positioned to gain from the ongoing AI data center power and cooling spending cycle, which supports the long-term earnings outlook. 3 Stocks Riding the AI Data Center Power Buildout in July
• Neutral Sentiment: RBC Capital trimmed its price target on Vertiv to $418 from $435 but kept an outperform rating, signaling slightly less upside than before while still remaining bullish overall. Benzinga
• Neutral Sentiment: Leon Cooperman-related portfolio commentary mentioned Vertiv among other holdings, but it did not add a clear new catalyst for the stock. Billionaire Leon Cooperman’s Top 3 Stocks: Buy, Sell or Hold

Hedge Funds Weigh In On Vertiv

Institutional investors have recently bought and sold shares of the business. State Street Corp increased its holdings in shares of Vertiv by 2.8% during the 4th quarter. State Street Corp now owns 8,694,900 shares of the company’s stock worth $1,408,661,000 after acquiring an additional 235,577 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Vertiv by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 7,065,912 shares of the company’s stock valued at $1,141,723,000 after purchasing an additional 143,821 shares during the last quarter. Invesco Ltd. lifted its holdings in Vertiv by 2.1% during the 4th quarter. Invesco Ltd. now owns 5,974,205 shares of the company’s stock valued at $967,881,000 after purchasing an additional 121,618 shares during the last quarter. Norges Bank bought a new position in Vertiv during the fourth quarter worth $808,701,000. Finally, Northern Trust Corp boosted its position in Vertiv by 3.6% during the fourth quarter. Northern Trust Corp now owns 2,811,745 shares of the company’s stock worth $455,531,000 after purchasing an additional 97,141 shares during the period. Institutional investors and hedge funds own 89.92% of the company’s stock.

Vertiv Stock Performance

The stock has a market capitalization of $110.93 billion, a price-to-earnings ratio of 72.56, a P/E/G ratio of 1.25 and a beta of 2.03. The company’s fifty day simple moving average is $320.41 and its 200 day simple moving average is $269.39. The company has a quick ratio of 1.15, a current ratio of 1.49 and a debt-to-equity ratio of 0.69.

Vertiv (NYSE:VRT) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.17. The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.63 billion. Vertiv had a net margin of 14.37% and a return on equity of 49.90%. The company’s revenue was up 30.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.64 earnings per share. Vertiv has set its Q2 2026 guidance at 1.370-1.430 EPS and its FY 2026 guidance at 6.300-6.400 EPS. On average, equities research analysts expect that Vertiv Holdings Co. will post 6.38 earnings per share for the current year.

Vertiv Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Monday, June 15th were issued a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, June 15th. Vertiv’s payout ratio is currently 6.28%.

Vertiv Company Profile

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.