Aptus Capital Advisors LLC Increases Stock Holdings in nVent Electric PLC $NVT

Aptus Capital Advisors LLC boosted its stake in nVent Electric PLC (NYSE:NVT) by 14.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 105,004 shares of the company’s stock after purchasing an additional 13,460 shares during the quarter. Aptus Capital Advisors LLC’s holdings in nVent Electric were worth $10,358,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Cresset Asset Management LLC raised its holdings in nVent Electric by 29.3% in the 3rd quarter. Cresset Asset Management LLC now owns 10,518 shares of the company’s stock worth $1,038,000 after purchasing an additional 2,382 shares in the last quarter. South Dakota Investment Council increased its position in shares of nVent Electric by 5.0% during the third quarter. South Dakota Investment Council now owns 51,580 shares of the company’s stock valued at $5,088,000 after buying an additional 2,473 shares during the period. First Eagle Investment Management LLC increased its position in shares of nVent Electric by 31.6% during the third quarter. First Eagle Investment Management LLC now owns 10,600 shares of the company’s stock valued at $1,046,000 after buying an additional 2,547 shares during the period. CI Investments Inc. raised its stake in 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 buying an additional 96 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC purchased a new stake in nVent Electric in the third quarter worth about $177,000. 90.05% of the stock is currently owned by institutional investors.

nVent Electric Trading Down 4.1%

Shares of NYSE:NVT opened at $106.03 on Friday. 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 12-month low of $41.71 and a 12-month high of $122.92. The company has a market cap of $17.15 billion, a PE ratio of 24.66, a price-to-earnings-growth ratio of 1.15 and a beta of 1.31. The stock has a 50 day moving average of $111.71 and a 200 day moving average of $104.42.

nVent Electric (NYSE:NVT) last announced its quarterly earnings data 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. 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 analysts’ expectations of $1 billion. During the same period in the prior year, the company posted $0.59 earnings per share. The company’s revenue for the quarter was up 41.9% compared to the same quarter last year. 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, equities research analysts expect that nVent Electric PLC will post 3.04 EPS for the current year.

nVent Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 24th will be issued a $0.21 dividend. The ex-dividend date is Friday, April 24th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.8%. nVent Electric’s payout ratio is 19.53%.

Analysts Set New Price Targets

Several research firms have weighed in on NVT. Wall Street Zen cut nVent Electric from a “strong-buy” rating to a “buy” rating in a research report on Monday, February 23rd. Weiss Ratings lowered nVent Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, February 24th. Barclays boosted their price target on nVent Electric from $140.00 to $141.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Glj Research began coverage on nVent Electric in a research note on Thursday. They issued a “buy” rating and a $151.00 price target on the stock. Finally, 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 research note on Monday, February 9th. Ten investment analysts have rated the stock with a Buy rating and two have issued 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.

Insider Buying and Selling at nVent Electric

In related news, CEO Beth Wozniak sold 7,597 shares of the stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $116.47, for a total value of $884,822.59. Following the sale, the chief executive officer directly owned 52,990 shares of the company’s stock, valued at $6,171,745.30. This represents a 12.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jerry W. Burris sold 5,244 shares of the firm’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 completion of the sale, the director directly owned 46,371 shares of the company’s stock, valued at approximately $5,206,072.17. The trade was a 10.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 17,841 shares of company stock worth $2,046,166 over the last quarter. Insiders own 1.80% of the company’s stock.

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.