Dimensional Fund Advisors LP Reduces Stock Position in nVent Electric PLC $NVT

Dimensional Fund Advisors LP lessened its stake in nVent Electric PLC (NYSE:NVT) by 4.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,044,812 shares of the company’s stock after selling 96,092 shares during the period. Dimensional Fund Advisors LP owned approximately 1.27% of nVent Electric worth $201,670,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in NVT. CI Investments Inc. boosted its stake in shares of nVent Electric by 15.6% in the 3rd quarter. CI Investments Inc. now owns 712 shares of the company’s stock worth $70,000 after buying an additional 96 shares during the last quarter. BCS Private Wealth Management Inc. increased 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 valued at $654,000 after acquiring an additional 100 shares during the last quarter. Fulton Bank N.A. increased its position in nVent Electric by 1.1% during the third quarter. Fulton Bank N.A. now owns 10,242 shares of the company’s stock valued at $1,010,000 after acquiring an additional 111 shares during the last quarter. Fifth Third Wealth Advisors LLC lifted its holdings in nVent Electric by 1.9% in the third quarter. Fifth Third Wealth Advisors LLC now owns 6,137 shares of the company’s stock valued at $605,000 after acquiring an additional 113 shares during the period. Finally, OneDigital Investment Advisors LLC lifted its holdings in nVent Electric by 3.7% in the third quarter. OneDigital Investment Advisors LLC now owns 3,224 shares of the company’s stock valued at $318,000 after acquiring an additional 115 shares during the period. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, 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 transaction, the director owned 13,405 shares in the company, valued at approximately $1,535,140.60. The trade was a 27.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Beth Wozniak sold 7,597 shares of the company’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $116.47, for a total transaction of $884,822.59. Following the completion of the transaction, the chief executive officer directly owned 52,990 shares of the company’s stock, valued at $6,171,745.30. This represents a 12.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 17,841 shares of company stock worth $2,046,166 over the last three months. 2.50% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms have issued reports on NVT. Barclays boosted their price target on nVent Electric from $140.00 to $141.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Royal Bank Of Canada increased their price objective on shares of nVent Electric from $136.00 to $138.00 and gave the stock an “outperform” rating in a research note on Monday, February 9th. Wolfe Research raised shares of nVent Electric to an “outperform” rating in a report on Monday, February 9th. Wall Street Zen lowered shares of nVent Electric from a “strong-buy” rating to a “buy” rating in a research report on Monday, February 23rd. Finally, Weiss Ratings cut shares of nVent Electric from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, February 24th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.00.

nVent Electric Stock Performance

Shares of NVT opened at $106.03 on Monday. The business has a 50-day simple moving average of $111.71 and a two-hundred day simple moving average of $104.65. The company has a quick ratio of 1.16, a current ratio of 1.63 and a debt-to-equity ratio of 0.41. nVent Electric PLC has a 52 week low of $41.71 and a 52 week high of $122.92. The stock has a market cap of $17.15 billion, a price-to-earnings ratio of 24.66, a PEG ratio of 1.10 and a beta of 1.31.

nVent Electric (NYSE:NVT) last posted its quarterly earnings data on Friday, February 6th. The company reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.01. The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1 billion. nVent Electric had a return on equity of 15.18% and a net margin of 18.25%.The business’s quarterly revenue was up 41.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.59 EPS. 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 expect that nVent Electric PLC will post 3.04 EPS for the current year.

nVent Electric Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 24th will be given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, April 24th. nVent Electric’s dividend payout ratio is presently 19.53%.

nVent Electric 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.