nVent Electric PLC $NVT Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC decreased its position in shares of nVent Electric PLC (NYSE:NVT) by 58.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,721 shares of the company’s stock after selling 5,298 shares during the quarter. SG Americas Securities LLC’s holdings in nVent Electric were worth $367,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of NVT. Trust Co. of Vermont raised its stake in shares of nVent Electric by 57.8% during the 2nd quarter. Trust Co. of Vermont now owns 434 shares of the company’s stock worth $32,000 after buying an additional 159 shares during the last quarter. True Wealth Design LLC increased its holdings in nVent Electric by 1,202.9% during the 2nd quarter. True Wealth Design LLC now owns 443 shares of the company’s stock valued at $32,000 after acquiring an additional 409 shares in the last quarter. Manchester Capital Management LLC raised its position in nVent Electric by 222.2% during the second quarter. Manchester Capital Management LLC now owns 435 shares of the company’s stock worth $32,000 after acquiring an additional 300 shares during the last quarter. Headlands Technologies LLC lifted its holdings in shares of nVent Electric by 522.9% in the second quarter. Headlands Technologies LLC now owns 517 shares of the company’s stock valued at $38,000 after purchasing an additional 434 shares in the last quarter. Finally, American National Bank & Trust acquired a new stake in shares of nVent Electric in the second quarter valued at approximately $46,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on NVT. Wall Street Zen raised nVent Electric from a “buy” rating to a “strong-buy” rating in a research note on Sunday, January 18th. UBS Group started coverage on nVent Electric in a research report on Thursday, November 20th. They issued a “buy” rating and a $128.00 price objective on the stock. The Goldman Sachs Group increased their price objective on nVent Electric from $111.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Roth Mkm reissued a “buy” rating and issued a $130.00 target price (up previously from $115.00) on shares of nVent Electric in a research note on Monday, November 3rd. Finally, Barclays raised their price target on shares of nVent Electric from $130.00 to $140.00 and gave the stock an “overweight” rating in a research note on Thursday, December 4th. Nine equities research analysts have rated the stock with a Buy rating, According to MarketBeat, nVent Electric currently has an average rating of “Buy” and an average target price of $123.63.

nVent Electric Stock Performance

NYSE NVT opened at $110.32 on Monday. The business’s 50-day moving average price is $105.46 and its 200 day moving average price is $97.85. The company has a current ratio of 1.57, a quick ratio of 1.11 and a debt-to-equity ratio of 0.44. nVent Electric PLC has a twelve month low of $41.71 and a twelve month high of $117.52. The company has a market capitalization of $17.80 billion, a PE ratio of 30.39, a price-to-earnings-growth ratio of 1.18 and a beta of 1.34.

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

nVent Electric Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 6th. Shareholders of record on Friday, January 23rd will be issued a $0.21 dividend. This is a boost from nVent Electric’s previous quarterly dividend of $0.20. The ex-dividend date is Friday, January 23rd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.8%. nVent Electric’s dividend payout ratio (DPR) is 23.14%.

Insider Activity at nVent Electric

In other nVent Electric news, Director Greg Scheu sold 5,591 shares of the business’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $104.04, for a total transaction of $581,687.64. Following the completion of the sale, the director owned 14,348 shares of the company’s stock, 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Lynnette R. Heath sold 32,943 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president owned 30,562 shares in the company, valued at approximately $3,454,728.48. This trade represents a 51.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 163,228 shares of company stock worth $18,345,001. 2.50% of the stock is owned by corporate insiders.

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.