Citigroup Cuts Vertiv (NYSE:VRT) Price Target to $358.00

Vertiv (NYSE:VRT) had its price objective cut by Citigroup from $414.00 to $358.00 in a report published on Thursday,Benzinga reports. They currently have a buy rating on the stock.

A number of other equities research analysts have also recently commented on the company. Piper Sandler set a $375.00 price objective on Vertiv in a research note on Wednesday. The Goldman Sachs Group increased their target price on Vertiv from $277.00 to $311.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. Royal Bank Of Canada decreased their target price on Vertiv from $418.00 to $337.00 and set an “outperform” rating for the company in a research report on Thursday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Vertiv in a research note on Tuesday, July 21st. Finally, Evercore set a $375.00 price target on Vertiv in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $337.33.

Vertiv Trading Up 6.4%

Shares of NYSE VRT opened at $242.09 on Thursday. The company’s 50 day simple moving average is $305.65 and its 200 day simple moving average is $276.86. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.38 and a quick ratio of 1.15. Vertiv has a fifty-two week low of $118.70 and a fifty-two week high of $379.93. The firm has a market capitalization of $92.99 billion, a P/E ratio of 54.77, a P/E/G ratio of 0.99 and a beta of 2.03.

Vertiv (NYSE:VRT) last issued its earnings results on Wednesday, July 29th. The company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.43 by $0.09. The company had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.38 billion. Vertiv had a net margin of 15.09% and a return on equity of 50.47%. The business’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.95 EPS. Vertiv has set its Q3 2026 guidance at 1.770-1.830 EPS and its FY 2026 guidance at 6.650-6.750 EPS. On average, analysts predict that Vertiv will post 6.7 EPS for the current year.

Vertiv Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 15th were given a $0.0625 dividend. The ex-dividend date was Monday, June 15th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. Vertiv’s dividend payout ratio is currently 5.66%.

Institutional Trading of Vertiv

Several hedge funds have recently added to or reduced their stakes in the business. Lingotto Investment Management LLP bought a new position in Vertiv in the fourth quarter valued at approximately $2,641,000. Norges Bank acquired a new position in shares of Vertiv in the fourth quarter valued at approximately $808,701,000. Sterling Investment Advisors Ltd. increased its position in shares of Vertiv by 26.1% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 22,476 shares of the company’s stock worth $3,641,000 after acquiring an additional 4,645 shares in the last quarter. Dymon Asia Capital Singapore PTE. LTD. bought a new stake in shares of Vertiv during the fourth quarter worth $2,197,000. Finally, WD Rutherford LLC raised its holdings in shares of Vertiv by 80.7% during the fourth quarter. WD Rutherford LLC now owns 15,081 shares of the company’s stock worth $2,443,000 after acquiring an additional 6,734 shares during the period. Institutional investors and hedge funds own 89.92% of the company’s stock.

Key Stories Impacting Vertiv

Here are the key news stories impacting Vertiv this week:

• Positive Sentiment: Management raised its full-year 2026 guidance for revenue, adjusted operating profit, adjusted EPS, operating margin and free cash flow. Vertiv also reported adjusted EPS above expectations, supported by stronger margins and operating execution. Vertiv Q2 Earnings Beat Estimates, Net Sales Rise Year over Year
• Positive Sentiment: Analysts and commentators continue to cite Vertiv’s approximately $15 billion backlog, nearly 2.9-times book-to-bill ratio and expanding margins as evidence that AI data-center demand remains durable. Big Tech’s projected 2026 AI spending of more than $750 billion could further support orders for Vertiv’s power and cooling systems. Vertiv Holdings: The Market Is Selling The Wrong Number
• Positive Sentiment: Several market observers view the stock as oversold after its sharp recent decline, while upward earnings-estimate revisions could help support a rebound. Technical analysts also suggested Friday’s reversal may continue. Why Vertiv Looks Ripe for a Turnaround
• Positive Sentiment: Despite lowering its price target, Citigroup maintained a Buy rating, and other analysts continue to see substantial upside based on Vertiv’s growth outlook. One Seeking Alpha contributor reiterated a Strong Buy rating and set a $398 target. Higher Guidance Supports My Strong Buy Rating
• Neutral Sentiment: Vertiv’s second-quarter revenue came in below expectations, although revenue still grew year over year and adjusted EPS exceeded consensus. The mixed result has left investors weighing near-term execution against longer-term AI demand.
• Negative Sentiment: Citigroup cut its Vertiv price target from $414 to $358, while KeyCorp reduced its target from $360 to $325. Both firms retained favorable ratings, but the reductions reflect valuation or near-term execution concerns. Vertiv Price Target Cut by Citigroup

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.