Signaturefd LLC Buys 385 Shares of nVent Electric PLC $NVT

Signaturefd LLC lifted its stake in shares of nVent Electric PLC (NYSE:NVT) by 17.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,541 shares of the company’s stock after acquiring an additional 385 shares during the quarter. Signaturefd LLC’s holdings in nVent Electric were worth $186,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. XTX Topco Ltd boosted its stake in nVent Electric by 192.2% during the 1st quarter. XTX Topco Ltd now owns 12,284 shares of the company’s stock valued at $644,000 after purchasing an additional 8,080 shares during the period. Hsbc Holdings PLC boosted its stake in nVent Electric by 32.4% during the 1st quarter. Hsbc Holdings PLC now owns 50,670 shares of the company’s stock valued at $2,623,000 after purchasing an additional 12,386 shares during the period. Farther Finance Advisors LLC boosted its stake in nVent Electric by 381.0% during the 1st quarter. Farther Finance Advisors LLC now owns 1,996 shares of the company’s stock valued at $106,000 after purchasing an additional 1,581 shares during the period. GAMMA Investing LLC boosted its stake in nVent Electric by 74.3% during the 1st quarter. GAMMA Investing LLC now owns 3,476 shares of the company’s stock valued at $182,000 after purchasing an additional 1,482 shares during the period. Finally, Strs Ohio bought a new stake in nVent Electric during the 1st quarter valued at approximately $5,294,000. Institutional investors own 90.05% of the company’s stock.

nVent Electric Trading Down 0.7%

Shares of NVT stock opened at $99.42 on Friday. The company has a current ratio of 1.67, a quick ratio of 1.20 and a debt-to-equity ratio of 0.50. The stock has a market cap of $16.00 billion, a P/E ratio of 28.33, a price-to-earnings-growth ratio of 1.56 and a beta of 1.38. The stock has a 50 day simple moving average of $91.46 and a 200 day simple moving average of $72.91. nVent Electric PLC has a 1 year low of $41.71 and a 1 year high of $101.77.

nVent Electric (NYSE:NVT) last issued its quarterly earnings results on Friday, August 1st. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.07. nVent Electric had a return on equity of 13.36% and a net margin of 17.72%.The business had revenue of $963.10 million during the quarter, compared to analysts’ expectations of $906.96 million. During the same period in the previous year, the company posted $0.82 earnings per share. The firm’s revenue for the quarter was up 30.1% compared to the same quarter last year. nVent Electric has set its Q3 2025 guidance at 0.860-0.880 EPS. FY 2025 guidance at 3.220-3.300 EPS. On average, research analysts predict that nVent Electric PLC will post 3.04 earnings per share for the current fiscal year.

nVent Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 7th. Shareholders of record on Friday, October 17th will be paid a dividend of $0.20 per share. The ex-dividend date is Friday, October 17th. This represents a $0.80 annualized dividend and a yield of 0.8%. nVent Electric’s dividend payout ratio is presently 22.79%.

Insider Activity

In other news, CAO Randolph A. Wacker sold 3,000 shares of the company’s stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $89.09, for a total transaction of $267,270.00. Following the completion of the transaction, the chief accounting officer directly owned 27,525 shares in the company, valued at approximately $2,452,202.25. This represents a 9.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Aravind Padmanabhan sold 24,534 shares of the company’s stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $90.00, for a total transaction of $2,208,060.00. Following the transaction, the executive vice president owned 12,063 shares of the company’s stock, valued at $1,085,670. This trade represents a 67.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 261,111 shares of company stock valued at $23,367,520. Corporate insiders own 1.80% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the company. Roth Capital reiterated a “buy” rating and issued a $100.00 price objective (up previously from $89.00) on shares of nVent Electric in a research report on Monday, August 4th. Citigroup raised their price objective on nVent Electric from $69.00 to $86.00 and gave the stock a “buy” rating in a research report on Monday, July 14th. KeyCorp raised their price objective on nVent Electric from $78.00 to $84.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 15th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $102.00 price objective (up previously from $85.00) on shares of nVent Electric in a research report on Monday, August 4th. Finally, Barclays increased their target price on nVent Electric from $100.00 to $115.00 and gave the stock an “overweight” rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $95.43.

nVent Electric Company Profile

nVent Electric plc, together with its subsidiaries, designs, manufactures, markets, installs, and services electrical connection and protection solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management.