Copeland Capital Management LLC Sells 150,810 Shares of nVent Electric PLC $NVT

Copeland Capital Management LLC cut its stake in nVent Electric PLC (NYSE:NVT) by 29.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 354,225 shares of the company’s stock after selling 150,810 shares during the period. Copeland Capital Management LLC owned 0.22% of nVent Electric worth $34,941,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its holdings in nVent Electric by 2.9% in the second quarter. Charles Schwab Investment Management Inc. now owns 1,081,899 shares of the company’s stock worth $79,249,000 after acquiring an additional 30,267 shares in the last quarter. Nordea Investment Management AB raised its position in shares of nVent Electric by 3.9% in the 2nd quarter. Nordea Investment Management AB now owns 117,851 shares of the company’s stock worth $8,613,000 after purchasing an additional 4,427 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of nVent Electric by 12.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 189,480 shares of the company’s stock worth $13,880,000 after purchasing an additional 20,917 shares during the last quarter. Vontobel Holding Ltd. boosted its stake in nVent Electric by 19.6% in the 2nd quarter. Vontobel Holding Ltd. now owns 531,855 shares of the company’s stock worth $38,958,000 after purchasing an additional 87,102 shares in the last quarter. Finally, Strs Ohio purchased a new stake in nVent Electric during the 1st quarter valued at about $5,294,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. The Goldman Sachs Group lifted their target price on shares of nVent Electric from $111.00 to $140.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Royal Bank Of Canada increased their target price on nVent Electric from $117.00 to $133.00 and gave the company an “outperform” rating in a research note on Monday, November 3rd. KeyCorp lifted their target price on nVent Electric from $103.00 to $114.00 and gave the stock an “overweight” rating in a report on Tuesday, October 14th. Citigroup increased their price objective on nVent Electric from $114.00 to $131.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of nVent Electric in a report on Monday, December 22nd. One investment analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $123.25.

Insider Buying and Selling at nVent Electric

In related news, Director Greg Scheu sold 5,591 shares of nVent Electric stock in a transaction on Monday, November 24th. The stock was sold at an average price of $104.04, for a total transaction of $581,687.64. Following the transaction, the director directly owned 14,348 shares in the company, valued at approximately $1,492,765.92. The trade was a 28.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 sale, the chief accounting officer directly owned 26,400 shares of the company’s stock, valued at $2,906,112. This represents a 15.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 163,228 shares of company stock worth $18,345,001. Insiders own 2.50% of the company’s stock.

nVent Electric Stock Down 1.0%

nVent Electric stock opened at $103.16 on Tuesday. nVent Electric PLC has a one year low of $41.71 and a one year high of $117.52. The stock has a fifty day moving average of $105.33 and a 200 day moving average of $93.15. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.11 and a current ratio of 1.57. The stock has a market cap of $16.65 billion, a PE ratio of 28.42, a price-to-earnings-growth ratio of 1.28 and a beta of 1.32.

nVent Electric (NYSE:NVT) last released its quarterly earnings results on Friday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating 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 the consensus estimate of $1.01 billion. During the same period in the previous year, the company posted $0.63 EPS. The business’s quarterly revenue was up 34.8% compared to the same quarter last year. nVent Electric has set its Q4 2025 guidance at 0.870-0.890 EPS and its FY 2025 guidance at 3.310-3.330 EPS. As a group, sell-side analysts predict that nVent Electric PLC will post 3.04 EPS for the current year.

nVent Electric Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 6th. Shareholders of record on Friday, January 23rd will be given a $0.21 dividend. The ex-dividend date is Friday, January 23rd. This is a boost from nVent Electric’s previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a yield of 0.8%. nVent Electric’s payout ratio is 22.04%.

About nVent Electric

nVent Electric PLC is a global manufacturer of electrical connection, protection and thermal management solutions. The company designs, engineers and produces a broad portfolio of products aimed at enhancing safety, reliability and performance in electrical systems across a variety of industries. Its core offerings include electrical enclosures, heat tracing systems, grounding and bonding products, cable management, and fastening solutions. nVent serves markets such as commercial and industrial construction, oil and gas, telecommunications, data centers, utilities, and renewable energy.

The company’s electrical enclosures and housing solutions protect sensitive components from environmental hazards, while its Raychem brand heat tracing products provide freeze protection and temperature maintenance for critical piping and equipment.