Barrow Hanley Mewhinney & Strauss LLC Invests $9.50 Million in nVent Electric PLC $NVT

Barrow Hanley Mewhinney & Strauss LLC bought a new stake in nVent Electric PLC (NYSE:NVT) during the third quarter, according to its most recent filing with the SEC. The firm bought 96,257 shares of the company’s stock, valued at approximately $9,495,000. Barrow Hanley Mewhinney & Strauss LLC owned about 0.06% of nVent Electric at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of NVT. CI Investments Inc. increased its stake in shares of nVent Electric by 15.6% in the third quarter. CI Investments Inc. now owns 712 shares of the company’s stock worth $70,000 after purchasing an additional 96 shares during the period. BCS Private Wealth Management Inc. increased its position in nVent Electric by 1.5% in the 3rd quarter. BCS Private Wealth Management Inc. now owns 6,631 shares of the company’s stock worth $654,000 after buying an additional 100 shares during the period. Fulton Bank N.A. increased its position in nVent Electric by 1.1% in the 3rd quarter. Fulton Bank N.A. now owns 10,242 shares of the company’s stock worth $1,010,000 after buying an additional 111 shares during the period. Fifth Third Wealth Advisors LLC lifted its holdings in shares of nVent Electric by 1.9% during the third quarter. Fifth Third Wealth Advisors LLC now owns 6,137 shares of the company’s stock worth $605,000 after buying an additional 113 shares during the last quarter. Finally, OneDigital Investment Advisors LLC lifted its holdings in shares of nVent Electric by 3.7% during the third quarter. OneDigital Investment Advisors LLC now owns 3,224 shares of the company’s stock worth $318,000 after buying an additional 115 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

Insider Activity

In other nVent Electric news, Director Susan M. Cameron sold 5,000 shares of the company’s 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 transaction, the director 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. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Beth Wozniak sold 7,597 shares of nVent Electric stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $116.47, for a total value of $884,822.59. Following the completion of the sale, the chief executive officer directly owned 52,990 shares of the company’s stock, valued at $6,171,745.30. This trade represents a 12.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 17,841 shares of company stock valued at $2,046,166 over the last three months. 1.80% of the stock is owned by insiders.

nVent Electric Price Performance

Shares of nVent Electric stock opened at $111.05 on Thursday. The stock has a market capitalization of $17.96 billion, a price-to-earnings ratio of 25.83, a P/E/G ratio of 1.13 and a beta of 1.31. The firm’s 50-day moving average price is $112.11 and its two-hundred day moving average price is $104.97. The company has a current ratio of 1.63, a quick ratio of 1.16 and a debt-to-equity ratio of 0.41. nVent Electric PLC has a 1-year low of $41.71 and a 1-year high of $122.92.

nVent Electric (NYSE:NVT) last released its quarterly 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. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1 billion. nVent Electric had a return on equity of 15.18% and a net margin of 18.25%.The business’s revenue was up 41.9% on a year-over-year basis. During the same period last year, the firm 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. On average, equities analysts predict that nVent Electric PLC will post 3.04 earnings per share for the current fiscal year.

nVent Electric Announces Dividend

The business 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 dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, April 24th. nVent Electric’s dividend payout ratio is presently 19.53%.

Analyst Upgrades and Downgrades

NVT has been the topic of a number of research reports. Wolfe Research raised shares of nVent Electric to an “outperform” rating in a research report on Monday, February 9th. Weiss Ratings downgraded shares of nVent Electric from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, February 24th. Zacks Research lowered shares of nVent Electric from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 6th. UBS Group assumed coverage on shares of nVent Electric in a report on Thursday, November 20th. They set a “buy” rating and a $128.00 price objective on the stock. Finally, Royal Bank Of Canada lifted their target price on nVent Electric from $136.00 to $138.00 and gave the stock an “outperform” rating in a research report on Monday, February 9th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus 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.