297,548 nVent Electric PLC $NVT Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. trimmed its position in shares of nVent Electric PLC (NYSE:NVT) by 26.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 823,917 shares of the company’s stock after selling 297,548 shares during the period. Vontobel Holding Ltd. owned approximately 0.51% of nVent Electric worth $132,132,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Amundi lifted its position in shares of nVent Electric by 146.8% during the 1st quarter. Amundi now owns 1,092,802 shares of the company’s stock worth $129,257,000 after purchasing an additional 649,992 shares during the last quarter. First Trust Advisors LP increased its position in nVent Electric by 32.8% in the 1st quarter. First Trust Advisors LP now owns 1,696,369 shares of the company’s stock worth $200,647,000 after buying an additional 419,239 shares during the period. Arrowstreet Capital Limited Partnership increased its position in nVent Electric by 130.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 501,362 shares of the company’s stock worth $59,301,000 after buying an additional 283,671 shares during the period. Swedbank AB increased its position in nVent Electric by 46.8% in the 1st quarter. Swedbank AB now owns 854,040 shares of the company’s stock worth $101,016,000 after buying an additional 272,379 shares during the period. Finally, State Street Corp lifted its holdings in shares of nVent Electric by 4.9% during the second quarter. State Street Corp now owns 5,313,122 shares of the company’s stock worth $901,159,000 after buying an additional 250,248 shares during the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

nVent Electric Stock Performance

Shares of NYSE NVT traded down $3.62 during trading hours on Friday, reaching $142.11. The stock had a trading volume of 2,322,309 shares, compared to its average volume of 2,043,186. The company has a market cap of $23.00 billion, a price-to-earnings ratio of 38.83, a PEG ratio of 0.79 and a beta of 1.35. nVent Electric PLC has a twelve month low of $93.22 and a twelve month high of $184.64. The business’s fifty day moving average is $158.96 and its two-hundred day moving average is $156.24. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.80 and a quick ratio of 1.33.

nVent Electric (NYSE:NVT) last posted its quarterly earnings results on Friday, July 31st. The company reported $1.45 earnings per share for the quarter, topping analysts’ consensus estimates of $1.16 by $0.29. nVent Electric had a net margin of 12.38% and a return on equity of 18.85%. The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.26 billion. During the same quarter in the previous year, the company earned $0.86 earnings per share. The business’s revenue was up 52.8% compared to the same quarter last year. nVent Electric has set its Q3 2026 guidance at 1.350-1.380 EPS and its FY 2026 guidance at 5.000-5.100 EPS. As a group, research analysts expect that nVent Electric PLC will post 5.13 EPS for the current year.

nVent Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 6th. Investors of record on Friday, October 23rd will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Friday, October 23rd. nVent Electric’s dividend payout ratio is 22.95%.

Insider Buying and Selling

In other nVent Electric news, CEO Beth Wozniak sold 46,261 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $164.42, for a total transaction of $7,606,233.62. Following the completion of the transaction, the chief executive officer owned 55,612 shares in the company, valued at $9,143,725.04. This trade represents a 45.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Randolph Wacker sold 22,525 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $164.62, for a total value of $3,708,065.50. Following the completion of the sale, the chief accounting officer owned 27,441 shares in the company, valued at approximately $4,517,337.42. This represents a 45.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 74,644 shares of company stock valued at $12,276,886 over the last quarter. Corporate insiders own 1.70% of the company’s stock.

Analysts Set New Price Targets

NVT has been the topic of a number of research reports. BMO Capital Markets initiated coverage on shares of nVent Electric in a research report on Sunday, October 4th. They set an “outperform” rating and a $212.00 target price on the stock. Citigroup increased their price target on shares of nVent Electric from $215.00 to $228.00 and gave the company a “buy” rating in a report on Monday, October 12th. Clear Str upgraded shares of nVent Electric to a “strong-buy” rating in a research report on Monday, July 13th. The Goldman Sachs Group restated a “buy” rating and set a $200.00 price objective on shares of nVent Electric in a report on Saturday, August 1st. Finally, Wolfe Research restated an “outperform” rating and set a $191.00 price objective on shares of nVent Electric in a report on Thursday, July 9th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $200.81.

nVent Electric Profile

nVent Electric plc is a global provider of electrical connection and protection solutions. The company designs and manufactures products that help protect, connect and manage electrical, electronic and critical infrastructure systems in industrial, commercial, data center, energy, transportation and other applications.

Its portfolio includes electrical and electronic enclosures, cable management systems, fastening and support products, grounding and bonding solutions, busbar and power distribution equipment, surge protection products, and thermal management systems.