Krilogy Financial LLC Cuts Stake in nVent Electric PLC $NVT

Krilogy Financial LLC lowered its stake in shares of nVent Electric PLC (NYSE:NVT) by 43.3% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 22,811 shares of the company’s stock after selling 17,394 shares during the quarter. Krilogy Financial LLC’s holdings in nVent Electric were worth $2,959,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Manchester Capital Management LLC raised its position in nVent Electric by 128.1% in the fourth quarter. Manchester Capital Management LLC now owns 308 shares of the company’s stock worth $31,000 after acquiring an additional 173 shares during the period. Cullen Frost Bankers Inc. bought a new position in shares of nVent Electric during the 4th quarter valued at approximately $32,000. Advisory Services Network LLC purchased a new stake in shares of nVent Electric during the 3rd quarter worth approximately $35,000. Elyxium Wealth LLC purchased a new stake in shares of nVent Electric during the 4th quarter worth approximately $36,000. Finally, Headlands Technologies LLC raised its holdings in shares of nVent Electric by 522.9% in the 2nd quarter. Headlands Technologies LLC now owns 517 shares of the company’s stock worth $38,000 after purchasing an additional 434 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

NVT has been the subject of several research reports. Royal Bank Of Canada increased their price objective on nVent Electric from $151.00 to $180.00 and gave the company an “outperform” rating in a report on Monday, May 4th. UBS Group reissued a “buy” rating on shares of nVent Electric in a report on Thursday, June 11th. Zacks Research raised shares of nVent Electric from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. Melius Research initiated coverage on shares of nVent Electric in a research note on Tuesday, June 16th. They issued a “buy” rating and a $214.00 target price for the company. Finally, KeyCorp boosted their price target on shares of nVent Electric from $140.00 to $185.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $189.50.

nVent Electric Stock Performance

NYSE:NVT opened at $167.42 on Thursday. The business’s fifty day moving average is $160.51 and its 200 day moving average is $129.29. The firm has a market cap of $27.07 billion, a price-to-earnings ratio of 55.62, a PEG ratio of 1.59 and a beta of 1.35. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.21 and a current ratio of 1.70. nVent Electric PLC has a 52-week low of $68.90 and a 52-week high of $184.64.

nVent Electric (NYSE:NVT) last issued its earnings results on Friday, May 1st. The company reported $1.09 EPS for the quarter, topping the consensus estimate of $0.94 by $0.15. The business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.11 billion. nVent Electric had a return on equity of 16.82% and a net margin of 11.37%.The firm’s revenue was up 53.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.67 EPS. nVent Electric has set its Q2 2026 guidance at 1.120-1.150 EPS and its FY 2026 guidance at 4.450-4.550 EPS. Research analysts predict that nVent Electric PLC will post 4.55 EPS for the current year.

nVent Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, July 24th will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $0.84 annualized dividend and a yield of 0.5%. nVent Electric’s payout ratio is currently 27.91%.

nVent Electric declared that its board has approved a stock buyback program on Saturday, May 16th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the company to purchase up to 1.8% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling at nVent Electric

In related news, CAO Randolph A. Wacker sold 4,094 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $165.57, for a total transaction of $677,843.58. Following the sale, the chief accounting officer owned 49,873 shares of the company’s stock, valued at approximately $8,257,472.61. This represents a 7.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Aravind Padmanabhan sold 15,942 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $174.00, for a total transaction of $2,773,908.00. Following the completion of the sale, the executive vice president owned 23,243 shares in the company, valued at $4,044,282. This represents a 40.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 87,685 shares of company stock worth $14,961,768 in the last ninety days. Insiders own 1.70% 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.