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

Shares of nVent Electric PLC (NYSE:NVT) have been given a consensus rating of “Moderate Buy” by the twelve ratings firms that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $129.00.

Several equities analysts have issued reports on NVT shares. Wall Street Zen cut nVent Electric from a “strong-buy” rating to a “buy” rating in a research report on Monday, February 23rd. Citigroup lifted their price target on nVent Electric from $131.00 to $133.00 and gave the company a “buy” rating in a research note on Monday, February 9th. Barclays upped their price objective on nVent Electric from $140.00 to $141.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. Zacks Research cut nVent Electric from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 6th. Finally, Weiss Ratings downgraded nVent Electric from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, February 24th.

nVent Electric Stock Down 4.1%

NVT stock opened at $106.03 on Friday. The stock has a market capitalization of $17.15 billion, a PE ratio of 24.66, a price-to-earnings-growth ratio of 1.10 and a beta of 1.31. The company has a fifty day moving average of $111.71 and a 200-day moving average of $104.53. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.16 and a current ratio of 1.63. nVent Electric has a one year low of $41.71 and a one year high of $122.92.

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 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%. The business’s revenue was up 41.9% compared to the same quarter last year. During the same period in the previous year, the business posted $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. As a group, analysts expect that nVent Electric will post 3.04 EPS for the current year.

nVent Electric Dividend Announcement

The business 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 $0.21 dividend. The ex-dividend date is Friday, April 24th. This represents a $0.84 annualized dividend and a dividend yield of 0.8%. nVent Electric’s dividend payout ratio (DPR) is 19.53%.

Insider Buying and Selling

In related news, CEO Beth Wozniak sold 7,597 shares of the business’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $116.47, for a total transaction of $884,822.59. Following the sale, the chief executive officer owned 52,990 shares of the company’s stock, valued at approximately $6,171,745.30. The trade was a 12.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Jerry W. Burris sold 5,244 shares of the company’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $112.27, for a total transaction of $588,743.88. Following the transaction, the director owned 46,371 shares in the company, valued at $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. Over the last 90 days, insiders have sold 17,841 shares of company stock valued at $2,046,166. Corporate insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On nVent Electric

Several hedge funds have recently bought and sold shares of NVT. Norges Bank purchased a new stake in nVent Electric during the second quarter worth $234,290,000. Massachusetts Financial Services Co. MA increased its position in shares of nVent Electric by 146.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 3,195,543 shares of the company’s stock valued at $234,074,000 after buying an additional 1,896,749 shares in the last quarter. Geode Capital Management LLC increased its position in shares of nVent Electric by 7.5% in the fourth quarter. Geode Capital Management LLC now owns 3,125,289 shares of the company’s stock valued at $318,752,000 after buying an additional 217,485 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of nVent Electric by 361.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,577,555 shares of the company’s stock worth $262,835,000 after buying an additional 2,019,483 shares during the last quarter. Finally, Champlain Investment Partners LLC raised its stake in shares of nVent Electric by 26.8% during the 2nd quarter. Champlain Investment Partners LLC now owns 2,260,240 shares of the company’s stock worth $165,563,000 after buying an additional 477,135 shares during the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

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.