nVent Electric (NYSE:NVT) Upgraded to “Strong-Buy” at Wall Street Zen

Wall Street Zen upgraded shares of nVent Electric (NYSE:NVT) from a buy rating to a strong-buy rating in a research report report published on Sunday morning.

Several other research analysts have also weighed in on NVT. Royal Bank Of Canada lifted their target price on nVent Electric from $136.00 to $138.00 and gave the stock an “outperform” rating in a report on Monday, February 9th. Zacks Research lowered nVent Electric from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 6th. Citigroup boosted their price objective on nVent Electric from $131.00 to $133.00 and gave the company a “buy” rating in a research report on Monday, February 9th. UBS Group began coverage on shares of nVent Electric in a report on Thursday, November 20th. They set a “buy” rating and a $128.00 target price on the stock. Finally, Barclays upped their price target on shares of nVent Electric from $140.00 to $141.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Ten analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $126.25.

nVent Electric Stock Performance

Shares of NYSE:NVT opened at $113.13 on Friday. The firm’s 50 day simple moving average is $108.07 and its 200 day simple moving average is $101.81. nVent Electric has a fifty-two week low of $41.71 and a fifty-two week high of $120.85. The company has a market capitalization of $18.25 billion, a price-to-earnings ratio of 26.31, a P/E/G ratio of 1.18 and a beta of 1.33. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.63 and a quick ratio of 1.16.

nVent Electric (NYSE:NVT) last issued its earnings results on Friday, February 6th. The company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.89 by $0.01. The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1 billion. nVent Electric had a net margin of 18.25% and a return on equity of 15.18%. The business’s quarterly revenue was up 41.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.59 earnings per share. nVent Electric has set its Q1 2026 guidance at 0.900-0.930 EPS and its FY 2026 guidance at 4.000-4.150 EPS. As a group, sell-side analysts forecast that nVent Electric will post 3.04 earnings per share for the current year.

nVent Electric Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 6th. Stockholders of record on Friday, January 23rd were paid a dividend of $0.21 per share. The ex-dividend date of this dividend was Friday, January 23rd. This represents a $0.84 annualized dividend and a dividend yield of 0.7%. This is an increase from nVent Electric’s previous quarterly dividend of $0.20. nVent Electric’s dividend payout ratio (DPR) is 19.53%.

Insider Buying and Selling at nVent Electric

In related news, Director Jerry W. Burris sold 5,244 shares of the firm’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $112.27, for a total value of $588,743.88. Following the completion of the transaction, the director owned 46,371 shares of the company’s stock, valued at approximately $5,206,072.17. This trade represents a 10.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Susan M. Cameron sold 5,000 shares of nVent Electric stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $114.52, for a total transaction of $572,600.00. Following the completion of the sale, the director owned 13,405 shares in the company, valued at $1,535,140.60. The trade was a 27.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 27,569 shares of company stock worth $3,084,372. Company insiders own 2.50% of the company’s stock.

Institutional Trading of nVent Electric

Several institutional investors and hedge funds have recently bought and sold shares of NVT. Annex Advisory Services LLC increased its position in shares of nVent Electric by 3.0% during the 4th quarter. Annex Advisory Services LLC now owns 3,243 shares of the company’s stock worth $331,000 after purchasing an additional 94 shares during the last quarter. NewEdge Wealth LLC grew its stake in shares of nVent Electric by 3.7% in the fourth quarter. NewEdge Wealth LLC now owns 2,620 shares of the company’s stock valued at $267,000 after buying an additional 94 shares in the last quarter. CI Investments Inc. grew its stake in shares of nVent Electric by 15.6% in the third quarter. CI Investments Inc. now owns 712 shares of the company’s stock valued at $70,000 after buying an additional 96 shares in the last quarter. Laird Norton Wetherby Wealth Management LLC increased its holdings in nVent Electric by 0.9% during the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 10,694 shares of the company’s stock worth $1,055,000 after buying an additional 98 shares during the last quarter. Finally, BCS Private Wealth Management Inc. raised its position in nVent Electric by 1.5% during the third quarter. BCS Private Wealth Management Inc. now owns 6,631 shares of the company’s stock worth $654,000 after acquiring an additional 100 shares in the last quarter. Institutional investors own 90.05% 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.