nVent Electric PLC $NVT Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lifted its holdings in shares of nVent Electric PLC (NYSE:NVT) by 173.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 52,856 shares of the company’s stock after buying an additional 33,549 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in nVent Electric were worth $5,214,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in NVT. Letson Investment Management Inc. bought a new stake in nVent Electric during the 3rd quarter valued at $209,000. Fifth Third Wealth Advisors LLC raised its stake in shares of nVent Electric by 1.9% during the third quarter. Fifth Third Wealth Advisors LLC now owns 6,137 shares of the company’s stock valued at $605,000 after purchasing an additional 113 shares in the last quarter. Fulton Bank N.A. lifted its holdings in nVent Electric by 1.1% in the third quarter. Fulton Bank N.A. now owns 10,242 shares of the company’s stock worth $1,010,000 after purchasing an additional 111 shares during the period. Financiere des Professionnels Fonds d investissement inc. grew its position in nVent Electric by 11.7% in the 3rd quarter. Financiere des Professionnels Fonds d investissement inc. now owns 10,079 shares of the company’s stock valued at $994,000 after buying an additional 1,059 shares in the last quarter. Finally, Hedeker Wealth LLC increased its stake in nVent Electric by 10.4% during the 3rd quarter. Hedeker Wealth LLC now owns 23,957 shares of the company’s stock valued at $2,363,000 after buying an additional 2,257 shares during the period. 90.05% of the stock is owned by institutional investors.

nVent Electric Trading Up 2.6%

Shares of NYSE NVT opened at $105.39 on Friday. 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 PLC has a 12 month low of $41.71 and a 12 month high of $117.52. The company has a market cap of $17.01 billion, a price-to-earnings ratio of 29.03, a P/E/G ratio of 1.08 and a beta of 1.34. The business has a fifty day simple moving average of $105.59 and a 200-day simple moving average of $95.18.

nVent Electric (NYSE:NVT) last posted its quarterly earnings data on Friday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.03. nVent Electric had a return on equity of 14.29% and a net margin of 16.83%.The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the previous year, the company earned $0.63 EPS. The business’s revenue for the quarter 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. Sell-side analysts predict that nVent Electric PLC will post 3.04 EPS for the current year.

nVent Electric Increases Dividend

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

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on NVT. Citigroup upped their price target on shares of nVent Electric from $114.00 to $131.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. KeyCorp upped their target price on nVent Electric from $103.00 to $114.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 14th. Weiss Ratings reiterated a “buy (b-)” rating on shares of nVent Electric in a research report on Monday, December 29th. Barclays raised their target price on nVent Electric from $130.00 to $140.00 and gave the company an “overweight” rating in a research note on Thursday, December 4th. Finally, UBS Group initiated coverage on shares of nVent Electric in a research report on Thursday, November 20th. They issued a “buy” rating and a $128.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $123.25.

Insider Activity at nVent Electric

In other news, EVP Lynnette R. Heath sold 32,943 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $113.04, for a total value of $3,723,876.72. Following the completion of the sale, the executive vice president owned 30,562 shares in the company, valued at $3,454,728.48. This represents a 51.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Randolph A. Wacker sold 5,000 shares of the firm’s stock in a transaction on Thursday, November 6th. The stock was 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 trade represents a 15.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 163,228 shares of company stock worth $18,345,001. Insiders own 1.80% of the company’s stock.

nVent Electric Company Profile

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.