8,473 Shares in nVent Electric PLC $NVT Bought by AXQ Capital LP

AXQ Capital LP acquired a new position in nVent Electric PLC (NYSE:NVT) during the third quarter, HoldingsChannel.com reports. The institutional investor acquired 8,473 shares of the company’s stock, valued at approximately $836,000.

Several other large investors have also recently added to or reduced their stakes in NVT. Global Trust Asset Management LLC bought a new position in shares of nVent Electric in the third quarter worth $30,000. Root Financial Partners LLC acquired a new stake in shares of nVent Electric during the third quarter worth $31,000. True Wealth Design LLC lifted its stake in nVent Electric by 1,202.9% during the second quarter. True Wealth Design LLC now owns 443 shares of the company’s stock valued at $32,000 after buying an additional 409 shares in the last quarter. Manchester Capital Management LLC boosted its stake in nVent Electric by 222.2% in the 2nd quarter. Manchester Capital Management LLC now owns 435 shares of the company’s stock worth $32,000 after purchasing an additional 300 shares during the period. Finally, Headlands Technologies LLC grew its holdings in shares of nVent Electric by 522.9% during the second quarter. Headlands Technologies LLC now owns 517 shares of the company’s stock valued at $38,000 after buying an additional 434 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on NVT shares. The Goldman Sachs Group upped their price objective on shares of nVent Electric from $111.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of nVent Electric in a research note on Monday, December 29th. Zacks Research cut nVent Electric from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 6th. KeyCorp lifted their price target on shares of nVent Electric from $125.00 to $130.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Finally, Wall Street Zen downgraded shares of nVent Electric from a “strong-buy” rating to a “buy” rating in a report on Monday. Ten equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $126.25.

Insider Activity at nVent Electric

In related news, Director Susan M. Cameron sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $114.52, for a total value of $572,600.00. Following the completion of the transaction, the director owned 13,405 shares in the company, valued at $1,535,140.60. The trade was a 27.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jerry W. Burris sold 5,244 shares of the stock in a transaction 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 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. Insiders sold a total of 17,841 shares of company stock valued at $2,046,166 over the last quarter. Corporate insiders own 2.50% of the company’s stock.

nVent Electric Price Performance

nVent Electric stock opened at $114.79 on Tuesday. The business has a 50 day simple moving average of $109.18 and a 200 day simple moving average of $102.97. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.63 and a quick ratio of 1.16. nVent Electric PLC has a one year low of $41.71 and a one year high of $120.85. 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 announced its quarterly earnings results on Friday, February 6th. The company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.01. nVent Electric had a net margin of 18.25% and a return on equity of 15.18%. The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1 billion. During the same period last year, the firm posted $0.59 EPS. The firm’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. On average, sell-side analysts forecast that nVent Electric PLC will post 3.04 EPS for the current fiscal year.

nVent Electric Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 24th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, April 24th. nVent Electric’s dividend payout ratio is 19.53%.

nVent Electric 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.