Vertiv stock is trading -23.07% below its average target price of $143.31 after dropping -5.8% during today's morning session. Analysts are giving the Large-Cap Farm & Heavy Construction Machinery company an average rating of buy and target prices ranging from $99.5 to $165.0 per share.
The stock has an average amount of shares sold short at 4.4%, and a short ratio of 2.53. The company's insiders own 0.91% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 88.2% of Vertiv's shares being owned by this investor type.
Institutions Invested in Vertiv
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Blackrock Inc. | 10% | 37,077,091 | $4,087,378,432 |
| 2024-09-30 | Vanguard Group Inc | 9% | 35,111,309 | $3,870,670,629 |
| 2024-09-30 | JP Morgan Chase & Company | 4% | 14,898,811 | $1,642,444,892 |
| 2024-09-30 | FMR, LLC | 3% | 12,188,541 | $1,343,664,733 |
| 2024-09-30 | Invesco Ltd. | 2% | 8,758,200 | $965,503,949 |
| 2024-09-30 | Bank of America Corporation | 2% | 7,852,191 | $865,625,519 |
| 2024-12-31 | Jennison Associates LLC | 2% | 7,754,347 | $854,839,196 |
| 2024-09-30 | Coatue Management LLC | 2% | 7,716,123 | $850,625,383 |
| 2024-09-30 | State Street Corporation | 2% | 7,635,081 | $841,691,313 |
| 2024-09-30 | Barrow, Hanley Mewhinney & Strauss, LLC | 2% | 6,891,883 | $759,761,167 |
Besides an analyst consensus of strong upside potential, other market factors point to there being mixed market sentiment on Vertiv.
