nVent Electric PLC (NYSE:NVT) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of nVent Electric PLC (NYSE:NVT) have been assigned an average recommendation of “Moderate Buy” from the eleven research firms that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $126.25.

Several analysts have recently issued reports on NVT shares. The Goldman Sachs Group upped their price target on nVent Electric from $111.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. Weiss Ratings restated a “buy (b-)” rating on shares of nVent Electric in a report on Monday, December 29th. Citigroup increased their price target on nVent Electric from $131.00 to $133.00 and gave the company a “buy” rating in a report on Monday. Wolfe Research raised shares of nVent Electric to an “outperform” rating in a research report on Monday. Finally, KeyCorp boosted their price objective on shares of nVent Electric from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Monday.

nVent Electric Price Performance

Shares of NVT opened at $112.06 on Wednesday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.16 and a current ratio of 1.63. The firm has a market cap of $18.08 billion, a PE ratio of 26.06, a PEG ratio of 1.20 and a beta of 1.33. The firm’s 50 day moving average price is $107.74 and its 200 day moving average price is $101.10. nVent Electric has a twelve month low of $41.71 and a twelve month high of $120.85.

nVent Electric (NYSE:NVT) last announced its quarterly earnings results on Friday, February 6th. The company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.89 by $0.01. The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1 billion. nVent Electric had a net margin of 18.25% and a return on equity of 15.18%. nVent Electric’s quarterly revenue was up 41.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $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. As a group, research analysts expect that nVent Electric will post 3.04 EPS for the current fiscal year.

nVent Electric Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 6th. Shareholders of record on Friday, January 23rd were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.7%. This is a positive change from nVent Electric’s previous quarterly dividend of $0.20. The ex-dividend date was Friday, January 23rd. nVent Electric’s dividend payout ratio is currently 19.53%.

Insider Activity

In other nVent Electric news, Director Jerry W. Burris sold 5,244 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $112.27, for a total value of $588,743.88. Following the sale, the director owned 46,371 shares of the company’s stock, valued at $5,206,072.17. This trade represents a 10.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Beth Wozniak sold 4,137 shares of nVent Electric stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $110.35, for a total value of $456,517.95. Following the completion of the transaction, the chief executive officer directly owned 47,984 shares in the company, valued at approximately $5,295,034.40. This represents a 7.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 14,972 shares of company stock valued at $1,626,949. 2.50% of the stock is owned by insiders.

Institutional Trading of nVent Electric

Hedge funds have recently modified their holdings of the company. Global Trust Asset Management LLC bought a new stake in shares of nVent Electric during the third quarter valued at approximately $30,000. Root Financial Partners LLC acquired a new stake in nVent Electric during the third quarter worth $31,000. Cullen Frost Bankers Inc. acquired a new position in shares of nVent Electric in the 4th quarter valued at $32,000. Elyxium Wealth LLC acquired a new position in shares of nVent Electric in the 4th quarter valued at $36,000. Finally, Advisory Services Network LLC bought a new position in shares of nVent Electric during the 3rd quarter worth about $35,000. Institutional investors own 90.05% of the company’s stock.

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.