Vertiv (NYSE:VRT) Cut to Hold (C+) at Weiss Ratings

Weiss Ratings cut shares of Vertiv (NYSE:VRT) from a buy (b) rating to a hold (c+) rating in a research note issued to investors on Wednesday morning,Weiss Ratings reports.

Several other analysts have also recently commented on the company. Rothschild & Co Redburn began coverage on Vertiv in a research report on Wednesday, August 20th. They set a “neutral” rating and a $135.00 price target for the company. Oppenheimer boosted their price target on Vertiv from $140.00 to $151.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Wolfe Research reiterated an “outperform” rating and set a $155.00 price target on shares of Vertiv in a research report on Thursday, July 10th. Redburn Atlantic upgraded Vertiv to a “hold” rating in a research report on Wednesday, August 20th. Finally, Citigroup boosted their price target on Vertiv from $130.00 to $149.00 and gave the stock a “buy” rating in a research report on Monday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Vertiv currently has a consensus rating of “Moderate Buy” and an average target price of $149.84.

Vertiv Trading Up 0.1%

Shares of VRT stock opened at $169.09 on Wednesday. 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 company has a market cap of $64.57 billion, a price-to-earnings ratio of 80.90, a PEG ratio of 1.48 and a beta of 1.84. The stock has a 50 day simple moving average of $139.45 and a 200-day simple moving average of $116.37. Vertiv has a 1-year low of $53.60 and a 1-year high of $183.11.

Vertiv (NYSE:VRT) last announced its earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.12. The business 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 business’s quarterly revenue was up 35.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.67 EPS. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. On average, equities research analysts expect that Vertiv will post 3.59 EPS for the current fiscal year.

Vertiv Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Monday, September 15th were issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, September 15th. Vertiv’s dividend payout ratio is presently 7.18%.

Insider Buying and Selling

In other Vertiv news, insider Paul Ryan sold 22,218 shares of the company’s stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $127.34, for a total value of $2,829,240.12. Following the completion of the sale, the insider directly owned 12,803 shares in the company, valued at $1,630,334.02. This represents a 63.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Steven Reinemund sold 100,000 shares of the company’s stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total value of $12,822,000.00. Following the completion of the sale, the director owned 133,333 shares of the company’s stock, valued at approximately $17,095,957.26. The trade was a 42.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 180,952 shares of company stock valued at $23,360,571 in the last quarter. Corporate insiders own 2.63% of the company’s stock.

Hedge Funds Weigh In On Vertiv

Several large investors have recently modified their holdings of VRT. GW&K Investment Management LLC acquired a new position in shares of Vertiv in the 1st quarter valued at $26,000. Promus Capital LLC acquired a new position in shares of Vertiv in the 2nd quarter valued at $26,000. SouthState Corp acquired a new position in shares of Vertiv in the 1st quarter valued at $27,000. Avion Wealth lifted its stake in shares of Vertiv by 99.1% in the 2nd quarter. Avion Wealth now owns 213 shares of the company’s stock valued at $27,000 after purchasing an additional 106 shares during the last quarter. Finally, North Star Investment Management Corp. lifted its stake in shares of Vertiv by 4,120.0% in the 1st quarter. North Star Investment Management Corp. now owns 422 shares of the company’s stock valued at $30,000 after purchasing an additional 412 shares during the last quarter. Institutional investors and hedge funds 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.