1,533,505 Shares in nVent Electric PLC $NVT Bought by Holocene Advisors LP

Holocene Advisors LP acquired a new stake in nVent Electric PLC (NYSE:NVT) during the 3rd quarter, Holdings Channel reports. The fund acquired 1,533,505 shares of the company’s stock, valued at approximately $151,265,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in NVT. Global Trust Asset Management LLC bought a new position in nVent Electric during the 3rd quarter worth about $30,000. Root Financial Partners LLC bought a new stake in shares of nVent Electric in the third quarter valued at about $31,000. First Horizon Corp acquired a new position in shares of nVent Electric during the third quarter worth about $41,000. Manchester Capital Management LLC boosted its position in shares of nVent Electric by 222.2% during the second quarter. Manchester Capital Management LLC now owns 435 shares of the company’s stock worth $32,000 after buying an additional 300 shares during the period. Finally, Sentry Investment Management LLC bought a new position in shares of nVent Electric during the third quarter worth about $43,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

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 shares were sold at an average price of $114.52, for a total transaction of $572,600.00. Following the sale, the director directly owned 13,405 shares of the company’s stock, valued at approximately $1,535,140.60. This represents a 27.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 transaction of $588,743.88. Following the completion of the sale, the director owned 46,371 shares of the company’s stock, valued at approximately $5,206,072.17. This represents a 10.16% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 17,841 shares of company stock valued at $2,046,166. 2.50% of the stock is currently owned by corporate insiders.

nVent Electric Stock Performance

Shares of NYSE NVT opened at $109.86 on Monday. The stock has a 50 day moving average price of $112.29 and a 200 day moving average price of $105.33. nVent Electric PLC has a 52 week low of $41.71 and a 52 week high of $122.92. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.16 and a current ratio of 1.63. The stock has a market capitalization of $17.77 billion, a PE ratio of 25.55, a price-to-earnings-growth ratio of 1.14 and a beta of 1.31.

nVent Electric (NYSE:NVT) last posted its quarterly earnings results on Friday, February 6th. The company reported $0.90 earnings per share for the quarter, topping 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 firm 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. The business’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. Analysts predict that nVent Electric PLC will post 3.04 earnings per share for the current fiscal year.

nVent Electric Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. KeyCorp lifted their target price on nVent Electric from $125.00 to $130.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Barclays raised their price target on shares of nVent Electric from $140.00 to $141.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Citigroup lifted their price objective on shares of nVent Electric from $131.00 to $133.00 and gave the company a “buy” rating in a report on Monday, February 9th. Zacks Research lowered shares of nVent Electric from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 6th. Finally, Wall Street Zen cut shares of nVent Electric from a “strong-buy” rating to a “buy” rating in a report on Monday, February 23rd. Eleven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.78.

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.