6,688 Shares in nVent Electric PLC $NVT Bought by Dakota Wealth Management

Dakota Wealth Management acquired a new position in shares of nVent Electric PLC (NYSE:NVT) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 6,688 shares of the company’s stock, valued at approximately $660,000.

A number of other large investors also recently modified their holdings of the stock. Global Trust Asset Management LLC purchased a new stake in shares of nVent Electric during the third quarter valued at approximately $30,000. Root Financial Partners LLC bought a new stake in nVent Electric in the third quarter worth about $31,000. True Wealth Design LLC increased its stake in shares of nVent Electric by 1,202.9% during the 2nd quarter. True Wealth Design LLC now owns 443 shares of the company’s stock worth $32,000 after purchasing an additional 409 shares during the last quarter. Manchester Capital Management LLC raised its holdings in shares of nVent Electric by 222.2% in the 2nd quarter. Manchester Capital Management LLC now owns 435 shares of the company’s stock worth $32,000 after purchasing an additional 300 shares during the period. Finally, Headlands Technologies LLC lifted its stake in 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 during the last quarter. Institutional investors own 90.05% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on NVT shares. Citigroup lifted their target price on shares of nVent Electric from $131.00 to $133.00 and gave the stock a “buy” rating in a research note on Monday, February 9th. Barclays lifted their price objective on nVent Electric from $140.00 to $141.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Weiss Ratings cut shares of nVent Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday. Wolfe Research raised shares of nVent Electric to an “outperform” rating in a research note on Monday, February 9th. Finally, Wall Street Zen downgraded nVent Electric from a “strong-buy” rating to a “buy” rating in a report on Monday. Nine equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $126.25.

Insider Buying and Selling

In related news, Director Jerry W. Burris sold 5,244 shares of the stock in a transaction dated 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 directly owned 46,371 shares in the company, valued at $5,206,072.17. This trade represents a 10.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Susan M. Cameron sold 5,000 shares of the business’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $114.52, for a total transaction of $572,600.00. Following the sale, the director directly owned 13,405 shares in the company, valued at $1,535,140.60. The trade was a 27.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 17,841 shares of company stock worth $2,046,166 in the last three months. 1.80% of the stock is owned by corporate insiders.

nVent Electric Stock Performance

Shares of NVT opened at $121.76 on Friday. The company has a 50-day simple moving average of $110.51 and a two-hundred day simple moving average of $103.43. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.63 and a quick ratio of 1.16. The firm has a market capitalization of $19.69 billion, a PE ratio of 28.32, a price-to-earnings-growth ratio of 1.27 and a beta of 1.33. nVent Electric PLC has a one year low of $41.71 and a one year high of $122.92.

nVent Electric (NYSE:NVT) last announced its earnings results on Friday, February 6th. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.01. nVent Electric had a return on equity of 15.18% and a net margin of 18.25%.The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1 billion. During the same quarter in the prior year, the company earned $0.59 EPS. The business’s revenue was up 41.9% compared to the same quarter last year. 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. On average, analysts anticipate that nVent Electric PLC will post 3.04 EPS for the current fiscal year.

nVent Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 24th will be given a $0.21 dividend. The ex-dividend date of this dividend is Friday, April 24th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.7%. nVent Electric’s dividend payout ratio is currently 19.53%.

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.