nVent Electric PLC (NYSE:NVT) Given Average Rating of “Moderate Buy” by Analysts

Shares of nVent Electric PLC (NYSE:NVT) have received a consensus rating of “Moderate Buy” from the eleven analysts that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $126.25.

A number of brokerages have issued reports on NVT. Royal Bank Of Canada lifted their price objective on nVent Electric from $136.00 to $138.00 and gave the company an “outperform” rating in a report on Monday. Weiss Ratings reiterated a “buy (b-)” rating on shares of nVent Electric in a research report on Monday, December 29th. Barclays boosted their price target on shares of nVent Electric from $140.00 to $141.00 and gave the company an “overweight” rating in a research report on Monday. Wall Street Zen cut shares of nVent Electric from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, Wolfe Research upgraded shares of nVent Electric to an “outperform” rating in a research note on Monday.

nVent Electric Stock Down 2.2%

NYSE NVT opened at $112.06 on Wednesday. nVent Electric has a 1-year low of $41.71 and a 1-year high of $120.85. The company has a market capitalization of $18.08 billion, a price-to-earnings ratio of 26.06, a PEG ratio of 1.20 and a beta of 1.33. The stock’s 50 day moving average is $107.74 and its two-hundred day moving average is $101.10. 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 (NYSE:NVT) last posted its earnings results on Friday, February 6th. The company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.89 by $0.01. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1 billion. nVent Electric had a return on equity of 15.18% and a net margin of 18.25%.nVent Electric’s revenue was up 41.9% on a year-over-year basis. During the same quarter last year, the company earned $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. Equities analysts forecast that nVent Electric will post 3.04 earnings per share for the current fiscal year.

nVent Electric Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 6th. Shareholders of record on Friday, January 23rd were given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.7%. The ex-dividend date was Friday, January 23rd. This is a positive change from nVent Electric’s previous quarterly dividend of $0.20. nVent Electric’s dividend payout ratio is presently 19.53%.

Insiders Place Their Bets

In other news, Director Jerry W. Burris sold 5,244 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $112.27, for a total transaction of $588,743.88. Following the sale, the director owned 46,371 shares in the company, valued at approximately $5,206,072.17. This represents a 10.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Beth Wozniak sold 4,137 shares of the firm’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $110.35, for a total value of $456,517.95. Following the completion of the sale, the chief executive officer owned 47,984 shares of the company’s stock, valued at approximately $5,295,034.40. This trade represents a 7.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 14,972 shares of company stock valued at $1,626,949. 2.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On nVent Electric

Institutional investors have recently modified their holdings of the stock. Bank of New York Mellon Corp grew its stake in shares of nVent Electric by 13.7% during the fourth quarter. Bank of New York Mellon Corp now owns 1,949,761 shares of the company’s stock valued at $198,817,000 after purchasing an additional 234,755 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in nVent Electric by 49.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 965,938 shares of the company’s stock worth $98,497,000 after buying an additional 317,633 shares in the last quarter. Natixis Advisors LLC lifted its holdings in nVent Electric by 2.4% during the 4th quarter. Natixis Advisors LLC now owns 101,667 shares of the company’s stock worth $10,367,000 after buying an additional 2,344 shares in the last quarter. Easterly Investment Partners LLC boosted its position in nVent Electric by 6.3% in the 4th quarter. Easterly Investment Partners LLC now owns 92,323 shares of the company’s stock valued at $9,414,000 after buying an additional 5,474 shares during the last quarter. Finally, MUFG Securities EMEA plc acquired a new stake in shares of nVent Electric in the 4th quarter valued at $31,611,000. 90.05% of the stock is owned by 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.