Quantbot Technologies LP Purchases Shares of 46,288 nVent Electric PLC $NVT

Quantbot Technologies LP acquired a new position in nVent Electric PLC (NYSE:NVT) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 46,288 shares of the company’s stock, valued at approximately $4,566,000.

Other large investors also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of nVent Electric during the second quarter valued at approximately $234,290,000. Massachusetts Financial Services Co. MA boosted its position in nVent Electric by 146.0% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 3,195,543 shares of the company’s stock valued at $234,074,000 after buying an additional 1,896,749 shares during the last quarter. Merewether Investment Management LP acquired a new stake in shares of nVent Electric in the 2nd quarter valued at $78,222,000. Valeo Financial Advisors LLC bought a new stake in shares of nVent Electric during the second quarter worth $48,443,000. Finally, Bank of America Corp DE lifted its stake in shares of nVent Electric by 93.4% during the second quarter. Bank of America Corp DE now owns 998,452 shares of the company’s stock valued at $73,137,000 after acquiring an additional 482,083 shares during the period. Institutional investors own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on NVT shares. Royal Bank Of Canada upped their target price on shares of nVent Electric from $136.00 to $138.00 and gave the company an “outperform” rating in a research report on Monday, February 9th. Wall Street Zen downgraded nVent Electric from a “strong-buy” rating to a “buy” rating in a report on Monday, February 23rd. UBS Group initiated coverage on nVent Electric in a research note on Thursday, November 20th. They issued a “buy” rating and a $128.00 target price on the stock. The Goldman Sachs Group raised their target price on nVent Electric from $111.00 to $140.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Finally, KeyCorp upped their price target on nVent Electric from $125.00 to $130.00 and gave the company 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 company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $126.25.

nVent Electric Stock Down 2.8%

nVent Electric stock opened at $118.33 on Monday. 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 1-year low of $41.71 and a 1-year high of $122.92. The company has a fifty day simple moving average of $110.84 and a 200 day simple moving average of $103.81. The company has a market cap of $19.14 billion, a P/E ratio of 27.52, a price-to-earnings-growth ratio of 1.23 and a beta of 1.31.

nVent Electric (NYSE:NVT) last issued 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 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 firm posted $0.59 earnings per share. The business’s quarterly revenue 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. Research analysts anticipate that nVent Electric PLC will post 3.04 earnings per share for the current fiscal year.

nVent Electric Announces Dividend

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

Insiders Place Their Bets

In other news, Director Jerry W. Burris sold 5,244 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $112.27, for a total transaction of $588,743.88. Following 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Susan M. Cameron sold 5,000 shares of the firm’s stock in a transaction that occurred on 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 directly owned 13,405 shares in the company, valued at $1,535,140.60. This represents a 27.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 17,841 shares of company stock worth $2,046,166 over the last three months. Insiders own 2.50% 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.