nVent Electric (NYSE:NVT) Downgraded to “Buy” Rating by Wall Street Zen

nVent Electric (NYSE:NVT) was downgraded by Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report issued on Monday.

Several other research firms have also recently issued reports on NVT. Royal Bank Of Canada increased their target price 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. KeyCorp increased their price objective on nVent Electric from $125.00 to $130.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Weiss Ratings restated a “buy (b-)” rating on shares of nVent Electric in a research report on Monday, December 29th. Finally, Barclays upped their target price on nVent Electric from $140.00 to $141.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Ten investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $126.25.

nVent Electric Stock Performance

Shares of NVT opened at $116.83 on Monday. nVent Electric has a 52-week low of $41.71 and a 52-week high of $120.85. The stock’s 50-day simple moving average is $108.94 and its 200 day simple moving average is $102.79. 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 stock has a market capitalization of $18.89 billion, a price-to-earnings ratio of 27.17, a price-to-earnings-growth ratio of 1.22 and a beta of 1.33.

nVent Electric (NYSE:NVT) last posted its earnings results 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. nVent Electric had a return on equity of 15.18% and a net margin of 18.25%.The business had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1 billion. During the same quarter in the previous year, the firm earned $0.59 EPS. The company’s quarterly 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. Research analysts forecast that nVent Electric will post 3.04 EPS for the current fiscal year.

Insider Buying and Selling at nVent Electric

In other news, 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 value of $572,600.00. Following the completion of the sale, the director owned 13,405 shares of the company’s stock, valued at approximately $1,535,140.60. The trade was a 27.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 transaction, the director owned 46,371 shares in the company, valued at approximately $5,206,072.17. The trade was a 10.16% decrease in their ownership of the stock. 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. Company insiders own 2.50% of the company’s stock.

Institutional Trading of nVent Electric

Institutional investors have recently made changes to their positions in the stock. Annex Advisory Services LLC raised its holdings in nVent Electric by 3.0% during the 4th quarter. Annex Advisory Services LLC now owns 3,243 shares of the company’s stock valued at $331,000 after buying an additional 94 shares during the last quarter. NewEdge Wealth LLC increased its position 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 acquiring an additional 94 shares during the period. CI Investments Inc. raised its stake in shares of nVent Electric by 15.6% during the third quarter. CI Investments Inc. now owns 712 shares of the company’s stock valued at $70,000 after acquiring an additional 96 shares during the last quarter. Laird Norton Wetherby Wealth Management LLC boosted its holdings in shares of 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 purchasing an additional 98 shares during the period. Finally, BCS Private Wealth Management Inc. boosted its holdings in shares of 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 purchasing an additional 100 shares during the period. Hedge funds and other 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.