AXQ Capital LP Invests $836,000 in nVent Electric PLC $NVT

AXQ Capital LP acquired a new stake in nVent Electric PLC (NYSE:NVT) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 8,473 shares of the company’s stock, valued at approximately $836,000.

A number of other institutional investors have also bought and sold shares of the business. BCS Private Wealth Management Inc. lifted its holdings in nVent Electric by 1.5% in 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. grew its holdings in shares of nVent Electric by 1.1% during the 3rd quarter. Fulton Bank N.A. now owns 10,242 shares of the company’s stock worth $1,010,000 after purchasing an additional 111 shares during the period. Fifth Third Wealth Advisors LLC raised its holdings in nVent Electric by 1.9% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 6,137 shares of the company’s stock valued at $605,000 after buying an additional 113 shares during the period. OneDigital Investment Advisors LLC raised its holdings in nVent Electric by 3.7% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,224 shares of the company’s stock valued at $318,000 after buying an additional 115 shares during the period. Finally, Verdence Capital Advisors LLC boosted its position in shares of nVent Electric by 3.6% during the 3rd quarter. Verdence Capital Advisors LLC now owns 3,435 shares of the company’s stock worth $357,000 after purchasing an additional 120 shares during the period. 90.05% of the stock is owned by hedge funds and other institutional investors.

nVent Electric Price Performance

Shares of NVT stock opened at $114.79 on Tuesday. nVent Electric PLC has a twelve month low of $41.71 and a twelve month high of $120.85. The firm has a fifty day simple moving average of $109.18 and a 200-day simple moving average of $102.97. The company has a current ratio of 1.63, a quick ratio of 1.16 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $18.56 billion, a PE ratio of 26.69, a price-to-earnings-growth ratio of 1.22 and a beta of 1.33.

nVent Electric (NYSE:NVT) last issued its quarterly earnings results on Friday, February 6th. The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.01. The business had revenue of $1.07 billion during 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%. The business’s revenue was up 41.9% compared to the same quarter last year. During the same quarter in the previous 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. Equities research analysts anticipate that nVent Electric PLC will post 3.04 earnings per share for the current fiscal year.

nVent Electric Announces Dividend

The company 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 is Friday, April 24th. This represents a $0.84 annualized dividend and a dividend yield of 0.7%. nVent Electric’s dividend payout ratio (DPR) is presently 19.53%.

Insider Activity

In related news, CEO Beth Wozniak sold 7,597 shares of the company’s stock in a transaction that occurred 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 sale, the chief executive officer directly owned 52,990 shares of the company’s stock, valued at approximately $6,171,745.30. This represents a 12.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, 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 stock was sold at an average price of $114.52, for a total transaction of $572,600.00. Following the completion of the transaction, the director directly owned 13,405 shares of the company’s stock, valued at approximately $1,535,140.60. This represents a 27.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 17,841 shares of company stock worth $2,046,166. 2.50% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Barclays boosted their price target on shares of nVent Electric from $140.00 to $141.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of nVent Electric in a research report on Monday, December 29th. Wolfe Research raised nVent Electric to an “outperform” rating in a report on Monday, February 9th. Royal Bank Of Canada raised their price objective on shares of nVent Electric from $136.00 to $138.00 and gave the company an “outperform” rating in a research report on Monday, February 9th. Finally, Citigroup upped their price target 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. Ten analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $126.25.

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.