nVent Electric PLC $NVT Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC grew its position in shares of nVent Electric PLC (NYSE:NVT) by 21.4% during the third quarter, HoldingsChannel reports. The firm owned 98,153 shares of the company’s stock after buying an additional 17,327 shares during the period. Intech Investment Management LLC’s holdings in nVent Electric were worth $9,682,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Waratah Capital Advisors Ltd. purchased a new stake in nVent Electric during the 3rd quarter worth $10,766,000. Counterpoint Mutual Funds LLC purchased a new stake in shares of nVent Electric during the third quarter worth about $364,000. AXQ Capital LP acquired a new position in shares of nVent Electric in the third quarter worth about $836,000. Dakota Wealth Management purchased a new position in nVent Electric in the third quarter valued at about $660,000. Finally, EverSource Wealth Advisors LLC grew its stake in nVent Electric by 7.3% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 5,248 shares of the company’s stock valued at $518,000 after purchasing an additional 359 shares in the last quarter. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

nVent Electric Trading Down 0.0%

NYSE NVT opened at $121.76 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.16 and a current ratio of 1.63. nVent Electric PLC has a one year low of $41.71 and a one year high of $122.92. The company has a 50-day simple moving average of $110.51 and a 200-day simple moving average of $103.43. The firm has a market capitalization of $19.69 billion, a PE ratio of 28.32, a price-to-earnings-growth ratio of 1.27 and a beta of 1.33.

nVent Electric (NYSE:NVT) last issued its earnings results 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. The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1 billion. nVent Electric had a net margin of 18.25% and a return on equity of 15.18%. nVent Electric’s revenue was up 41.9% on a year-over-year basis. During the same quarter last year, the company posted $0.59 earnings per share. 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, equities analysts forecast that nVent Electric PLC will post 3.04 earnings per share for the current year.

nVent Electric Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Weiss Ratings lowered nVent Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday. Barclays increased their price objective on shares of nVent Electric from $140.00 to $141.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Royal Bank Of Canada boosted their target price on shares of nVent Electric from $136.00 to $138.00 and gave the stock an “outperform” rating in a research report on Monday, February 9th. The Goldman Sachs Group increased their price target on shares of nVent Electric from $111.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Finally, KeyCorp lifted their price target on nVent Electric from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Nine equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, nVent Electric has an average rating of “Moderate Buy” and an average price target of $126.25.

Insiders Place Their Bets

In other nVent Electric news, CEO Beth Wozniak sold 7,597 shares of the firm’s stock in a transaction on Wednesday, February 11th. The stock was 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 in the company, valued at approximately $6,171,745.30. This trade represents a 12.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Susan M. Cameron sold 5,000 shares of the company’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $114.52, for a total transaction of $572,600.00. Following the transaction, the director owned 13,405 shares of the company’s stock, valued at $1,535,140.60. This represents a 27.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 17,841 shares of company stock valued at $2,046,166 over the last three months. Company insiders own 1.80% of the company’s stock.

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.