21,050 Shares in nVent Electric PLC $NVT Purchased by Andra AP fonden

Andra AP fonden acquired a new position in shares of nVent Electric PLC (NYSE:NVT) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 21,050 shares of the company’s stock, valued at approximately $1,542,000.

A number of other institutional investors have also modified their holdings of the stock. SVB Wealth LLC purchased a new position in nVent Electric during the first quarter worth about $25,000. Trust Co. of Vermont boosted its holdings in nVent Electric by 57.8% in the 2nd quarter. Trust Co. of Vermont now owns 434 shares of the company’s stock valued at $32,000 after purchasing an additional 159 shares in the last quarter. Hughes Financial Services LLC acquired a new position in nVent Electric during the 1st quarter worth approximately $36,000. American National Bank & Trust purchased a new position in shares of nVent Electric during the 2nd quarter worth approximately $46,000. Finally, Allworth Financial LP lifted its holdings in shares of nVent Electric by 39.9% in the 1st quarter. Allworth Financial LP now owns 876 shares of the company’s stock valued at $48,000 after buying an additional 250 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analysts Set New Price Targets

NVT has been the subject of a number of research analyst reports. Wall Street Zen raised shares of nVent Electric from a “buy” rating to a “strong-buy” rating in a report on Saturday. Roth Capital restated a “buy” rating and issued a $130.00 price target (up previously from $115.00) on shares of nVent Electric in a report on Monday, November 3rd. Royal Bank Of Canada lifted their price objective on nVent Electric from $117.00 to $133.00 and gave the stock an “outperform” rating in a report on Monday, November 3rd. The Goldman Sachs Group boosted their target price on nVent Electric from $111.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of nVent Electric in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $121.14.

Insider Transactions at nVent Electric

In other nVent Electric news, insider Sara E. Zawoyski sold 115,557 shares of the firm’s stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $112.78, for a total transaction of $13,032,518.46. Following the completion of the transaction, the insider directly owned 66,680 shares of the company’s stock, valued at $7,520,170.40. This trade represents a 63.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Randolph A. Wacker sold 5,000 shares of the business’s stock in a transaction dated Thursday, November 6th. The shares were sold at an average price of $110.08, for a total value of $550,400.00. Following the completion of the sale, the chief accounting officer directly owned 26,400 shares of the company’s stock, valued at approximately $2,906,112. This represents a 15.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 220,365 shares of company stock worth $23,291,204 over the last three months. Insiders own 1.80% of the company’s stock.

nVent Electric Stock Up 0.9%

Shares of NVT opened at $110.91 on Friday. nVent Electric PLC has a fifty-two week low of $41.71 and a fifty-two week high of $117.52. The company’s fifty day moving average is $99.33 and its two-hundred day moving average is $82.49. The firm has a market cap of $17.90 billion, a PE ratio of 30.55, a price-to-earnings-growth ratio of 1.50 and a beta of 1.40. The company has a quick ratio of 1.11, a current ratio of 1.57 and a debt-to-equity ratio of 0.44.

nVent Electric (NYSE:NVT) last issued its earnings results on Friday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.03. nVent Electric had a return on equity of 14.29% and a net margin of 16.83%.The business had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the previous year, the business earned $0.63 EPS. The company’s revenue for the quarter was up 34.8% on a year-over-year basis. nVent Electric has set its Q4 2025 guidance at 0.870-0.890 EPS. FY 2025 guidance at 3.310-3.330 EPS. Analysts forecast that nVent Electric PLC will post 3.04 earnings per share for the current year.

nVent Electric Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 7th. Investors of record on Friday, October 17th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, October 17th. This represents a $0.80 annualized dividend and a yield of 0.7%. nVent Electric’s payout ratio is 22.04%.

nVent Electric 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.