Everhart Financial Group Inc. Has $1.28 Million Stock Position in nVent Electric PLC $NVT

Everhart Financial Group Inc. boosted its stake in shares of nVent Electric PLC (NYSE:NVT) by 64.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 12,571 shares of the company’s stock after buying an additional 4,946 shares during the quarter. Everhart Financial Group Inc.’s holdings in nVent Electric were worth $1,282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of NVT. Park Avenue Securities LLC raised its position in shares of nVent Electric by 7.0% during the fourth quarter. Park Avenue Securities LLC now owns 34,020 shares of the company’s stock valued at $3,469,000 after buying an additional 2,214 shares during the last quarter. GAMMA Investing LLC grew its position in nVent Electric by 6.4% during the fourth quarter. GAMMA Investing LLC now owns 4,268 shares of the company’s stock worth $435,000 after buying an additional 255 shares in the last quarter. Allworth Financial LP grew its position in nVent Electric by 20.6% during the third quarter. Allworth Financial LP now owns 1,378 shares of the company’s stock worth $136,000 after buying an additional 235 shares in the last quarter. Swiss Life Asset Management Ltd increased its stake in nVent Electric by 78.9% during the third quarter. Swiss Life Asset Management Ltd now owns 7,626 shares of the company’s stock valued at $752,000 after acquiring an additional 3,364 shares during the period. Finally, Steadtrust LLC bought a new position in nVent Electric during the third quarter valued at about $239,000. 90.05% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on NVT shares. Barclays raised their price objective on nVent Electric from $140.00 to $141.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Wall Street Zen cut nVent Electric from a “strong-buy” rating to a “buy” rating in a research report on Monday, February 23rd. Citigroup raised their target price on nVent Electric from $131.00 to $133.00 and gave the stock a “buy” rating in a research report on Monday, February 9th. UBS Group reiterated a “buy” rating and set a $135.00 price target on shares of nVent Electric in a research note on Friday, March 13th. Finally, Royal Bank Of Canada boosted their price target on shares of nVent Electric from $138.00 to $143.00 and gave the company an “outperform” rating in a report on Thursday. Ten research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $137.88.

nVent Electric Trading Down 5.0%

Shares of NVT opened at $116.46 on Friday. nVent Electric PLC has a 1 year low of $41.71 and a 1 year high of $124.22. The company has a current ratio of 1.63, a quick ratio of 1.16 and a debt-to-equity ratio of 0.41. The stock has a 50 day simple moving average of $113.44 and a 200-day simple moving average of $106.06. The stock has a market cap of $18.83 billion, a PE ratio of 27.08, a PEG ratio of 1.28 and a beta of 1.31.

nVent Electric (NYSE:NVT) last announced its quarterly earnings results on Friday, February 6th. The company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.89 by $0.01. nVent Electric had a return on equity of 15.18% and a net margin of 18.25%.The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1 billion. During the same quarter in the previous year, the firm earned $0.59 EPS. nVent Electric’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 predict that nVent Electric PLC will post 3.04 EPS for the current fiscal year.

nVent Electric Announces Dividend

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

Insider Transactions at nVent Electric

In related news, Director Susan M. Cameron sold 5,000 shares of nVent Electric stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $114.52, for a total transaction of $572,600.00. Following the completion of the transaction, the director directly owned 13,405 shares of the company’s stock, valued at $1,535,140.60. This trade represents a 27.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jerry W. Burris sold 5,244 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $112.27, for a total transaction of $588,743.88. Following the completion of the transaction, the director owned 46,371 shares in the company, valued at approximately $5,206,072.17. This trade represents a 10.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 17,841 shares of company stock valued at $2,046,166. 1.80% of the stock is owned by insiders.

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.