Chilton Investment Co. Inc. Buys New Holdings in nVent Electric PLC $NVT

Chilton Investment Co. Inc. purchased a new position in nVent Electric PLC (NYSE:NVT) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 24,929 shares of the company’s stock, valued at approximately $2,459,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CI Investments Inc. boosted its stake in shares of nVent Electric by 15.6% during the third quarter. CI Investments Inc. now owns 712 shares of the company’s stock valued at $70,000 after purchasing an additional 96 shares during the period. BCS Private Wealth Management Inc. increased its stake in shares of nVent Electric by 1.5% in the third quarter. BCS Private Wealth Management Inc. now owns 6,631 shares of the company’s stock worth $654,000 after buying an additional 100 shares during the period. NorthRock Partners LLC raised its holdings in nVent Electric by 1.9% during the 3rd quarter. NorthRock Partners LLC now owns 5,620 shares of the company’s stock valued at $554,000 after buying an additional 104 shares during the last quarter. Fulton Bank N.A. raised its holdings in nVent Electric by 1.1% during the 3rd quarter. Fulton Bank N.A. now owns 10,242 shares of the company’s stock valued at $1,010,000 after buying an additional 111 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC boosted its position in nVent Electric by 1.9% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 6,137 shares of the company’s stock valued at $605,000 after buying an additional 113 shares during the period. Institutional investors own 90.05% of the company’s stock.

Insiders Place Their Bets

In other nVent Electric news, CEO Beth Wozniak sold 7,597 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $116.47, for a total transaction of $884,822.59. Following the transaction, the chief executive officer owned 52,990 shares in the company, valued at approximately $6,171,745.30. This represents a 12.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Susan M. Cameron sold 5,000 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $114.52, for a total value of $572,600.00. Following the completion of the transaction, the director directly 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. In the last quarter, insiders have sold 17,841 shares of company stock worth $2,046,166. Company insiders own 1.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on NVT shares. UBS Group restated a “buy” rating and issued a $135.00 price objective on shares of nVent Electric in a research report on Friday. Barclays increased their target price on shares of nVent Electric from $140.00 to $141.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. Wall Street Zen cut nVent Electric from a “strong-buy” rating to a “buy” rating in a research note on Monday, February 23rd. Royal Bank Of Canada boosted their price target on nVent Electric from $136.00 to $138.00 and gave the company an “outperform” rating in a report on Monday, February 9th. Finally, Citigroup increased their price objective on nVent Electric from $131.00 to $133.00 and gave the stock a “buy” rating in a report on Monday, February 9th. Eleven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $129.78.

nVent Electric Stock Up 1.8%

Shares of NYSE NVT opened at $109.86 on Friday. The firm has a fifty day simple moving average of $112.29 and a two-hundred day simple moving average of $105.23. nVent Electric PLC has a 12 month low of $41.71 and a 12 month high of $122.92. The company has a current ratio of 1.63, a quick ratio of 1.16 and a debt-to-equity ratio of 0.41. The firm 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 announced its earnings results on Friday, February 6th. The company reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.01. nVent Electric had a net margin of 18.25% and a return on equity of 15.18%. 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 posted $0.59 EPS. The company’s revenue for the quarter 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. Equities analysts expect that nVent Electric PLC will post 3.04 earnings per share for the current year.

nVent Electric Announces Dividend

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

nVent Electric Company Profile

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.