Aptus Capital Advisors LLC Has $10.36 Million Stake in nVent Electric PLC $NVT

Aptus Capital Advisors LLC boosted its stake in shares of nVent Electric PLC (NYSE:NVT) by 14.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 105,004 shares of the company’s stock after acquiring an additional 13,460 shares during the quarter. Aptus Capital Advisors LLC owned approximately 0.07% of nVent Electric worth $10,358,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in NVT. AQR Capital Management LLC boosted its holdings in nVent Electric by 33.1% during the first quarter. AQR Capital Management LLC now owns 94,968 shares of the company’s stock worth $4,841,000 after buying an additional 23,606 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of nVent Electric by 575.6% during the first quarter. Jones Financial Companies Lllp now owns 8,803 shares of the company’s stock worth $461,000 after purchasing an additional 7,500 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of nVent Electric by 436.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,072 shares of the company’s stock valued at $56,000 after buying an additional 872 shares during the period. Assetmark Inc. increased its holdings in shares of nVent Electric by 61.7% in the second quarter. Assetmark Inc. now owns 920 shares of the company’s stock worth $67,000 after acquiring an additional 351 shares in the last quarter. Finally, Atria Investments Inc raised its position in shares of nVent Electric by 23.2% during the second quarter. Atria Investments Inc now owns 14,169 shares of the company’s stock worth $1,038,000 after purchasing an additional 2,668 shares during the period. Institutional investors own 90.05% of the company’s stock.

nVent Electric Price Performance

nVent Electric stock opened at $106.03 on Friday. The company has a market cap of $17.15 billion, a price-to-earnings ratio of 24.66, a PEG ratio of 1.15 and a beta of 1.31. nVent Electric PLC has a 12 month low of $41.71 and a 12 month high of $122.92. 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 business’s 50 day simple moving average is $111.71 and its 200 day simple moving average is $104.42.

nVent Electric (NYSE:NVT) last posted 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 for the quarter, compared to the consensus estimate of $1 billion. During the same quarter in the prior year, the business posted $0.59 earnings per share. The business’s quarterly revenue was up 41.9% on a year-over-year basis. 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. Sell-side analysts forecast that nVent Electric PLC will post 3.04 EPS for the current year.

nVent Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 24th will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, April 24th. This represents a $0.84 annualized dividend and a yield of 0.8%. nVent Electric’s dividend payout ratio (DPR) is currently 19.53%.

Insider Buying and Selling at nVent Electric

In other nVent Electric news, Director Jerry W. Burris sold 5,244 shares of the business’s stock in a transaction that occurred on 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 owned 46,371 shares of the company’s stock, valued at $5,206,072.17. The trade was a 10.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Beth Wozniak sold 7,597 shares of the 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 in the company, valued at $6,171,745.30. The trade was a 12.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 17,841 shares of company stock valued at $2,046,166 in the last 90 days. Corporate insiders own 1.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on NVT. Barclays raised 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. Citigroup increased their target price on nVent Electric from $131.00 to $133.00 and gave the stock a “buy” rating in a research note on Monday, February 9th. Zacks Research downgraded shares of nVent Electric from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 6th. Royal Bank Of Canada upped their price target on shares of nVent Electric from $136.00 to $138.00 and gave the stock an “outperform” rating in a report on Monday, February 9th. Finally, UBS Group started coverage on shares of nVent Electric in a research report on Thursday, November 20th. They set a “buy” rating and a $128.00 price target on the stock. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, nVent Electric currently has an average rating of “Moderate Buy” and an average price target of $129.00.

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.