Seaport Res Ptn Expects Higher Earnings for nVent Electric

nVent Electric PLC (NYSE:NVT) – Investment analysts at Seaport Res Ptn raised their FY2025 EPS estimates for shares of nVent Electric in a research report issued to clients and investors on Sunday, November 2nd. Seaport Res Ptn analyst S. Graham now forecasts that the company will earn $3.33 per share for the year, up from their prior forecast of $3.30. The consensus estimate for nVent Electric’s current full-year earnings is $3.04 per share. Seaport Res Ptn also issued estimates for nVent Electric’s Q1 2026 earnings at $0.92 EPS, Q2 2026 earnings at $1.03 EPS, Q3 2026 earnings at $1.01 EPS, Q4 2026 earnings at $0.99 EPS and FY2026 earnings at $3.95 EPS.

nVent Electric (NYSE:NVT) last posted its quarterly earnings results on Friday, October 31st. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.03. The business had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.01 billion. nVent Electric had a net margin of 16.83% and a return on equity of 14.29%. The business’s revenue for the quarter was up 34.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.63 EPS. nVent Electric has set its Q4 2025 guidance at 0.870-0.890 EPS. FY 2025 guidance at 3.310-3.330 EPS.

A number of other equities research analysts have also recently commented on NVT. Barclays reissued an “overweight” rating and issued a $130.00 price objective on shares of nVent Electric in a research note on Monday. Weiss Ratings reissued a “hold (c+)” rating on shares of nVent Electric in a research note on Wednesday, October 8th. Wall Street Zen raised shares of nVent Electric from a “hold” rating to a “buy” rating in a research note on Saturday, July 12th. KeyCorp increased their price objective on shares of nVent Electric from $103.00 to $114.00 and gave the company an “overweight” rating in a research note on Tuesday, October 14th. Finally, Citigroup increased their price objective on shares of nVent Electric from $114.00 to $131.00 and gave the company a “buy” rating in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, nVent Electric currently has a consensus rating of “Buy” and a consensus target price of $121.14.

nVent Electric Price Performance

Shares of NYSE NVT opened at $109.51 on Tuesday. The stock has a market cap of $17.67 billion, a price-to-earnings ratio of 30.17, a PEG ratio of 1.65 and a beta of 1.40. nVent Electric has a 52 week low of $41.71 and a 52 week high of $117.52. The company’s 50-day moving average price is $98.15 and its 200 day moving average price is $81.42. The company has a current ratio of 1.57, a quick ratio of 1.11 and a debt-to-equity ratio of 0.44.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of NVT. Nuveen LLC purchased a new position in nVent Electric in the first quarter valued at approximately $229,615,000. Norges Bank purchased a new position in nVent Electric in the second quarter valued at approximately $234,290,000. Massachusetts Financial Services Co. MA raised its holdings in nVent Electric by 146.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 3,195,543 shares of the company’s stock valued at $234,074,000 after buying an additional 1,896,749 shares during the period. American Century Companies Inc. raised its holdings in nVent Electric by 1,869.8% in the first quarter. American Century Companies Inc. now owns 1,462,840 shares of the company’s stock valued at $76,682,000 after buying an additional 1,388,578 shares during the period. Finally, Merewether Investment Management LP purchased a new position in nVent Electric in the second quarter valued at approximately $78,222,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Insiders Place Their Bets

In other news, CAO Randolph A. Wacker sold 3,000 shares of the stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $89.09, for a total transaction of $267,270.00. Following the transaction, the chief accounting officer directly owned 27,525 shares in the company, valued at $2,452,202.25. This represents a 9.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Beth Wozniak sold 42,331 shares of the stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $89.21, for a total transaction of $3,776,348.51. Following the transaction, the chief executive officer owned 49,196 shares in the company, valued at approximately $4,388,775.16. The trade was a 46.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 69,865 shares of company stock valued at $6,251,679 in the last ninety days. Insiders own 2.50% of the company’s stock.

nVent Electric Dividend Announcement

The company also recently declared 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. This represents a $0.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, October 17th. nVent Electric’s dividend payout ratio (DPR) is currently 22.04%.

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.