Moore Capital Management LP Lowers Stock Holdings in nVent Electric PLC $NVT

Moore Capital Management LP lowered its position in nVent Electric PLC (NYSE:NVT) by 17.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 112,367 shares of the company’s stock after selling 23,437 shares during the quarter. Moore Capital Management LP’s holdings in nVent Electric were worth $11,084,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of NVT. Global Trust Asset Management LLC purchased a new position in shares of nVent Electric in the third quarter valued at about $30,000. Root Financial Partners LLC purchased a new stake in shares of nVent Electric during the third quarter worth about $31,000. Manchester Capital Management LLC raised its stake in nVent Electric by 222.2% during the 2nd quarter. Manchester Capital Management LLC now owns 435 shares of the company’s stock valued at $32,000 after purchasing an additional 300 shares during the period. Headlands Technologies LLC raised its stake in nVent Electric by 522.9% during the 2nd quarter. Headlands Technologies LLC now owns 517 shares of the company’s stock valued at $38,000 after purchasing an additional 434 shares during the period. Finally, First Horizon Corp purchased a new position in nVent Electric in the 3rd quarter worth approximately $41,000. 90.05% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on NVT shares. Wolfe Research raised shares of nVent Electric to an “outperform” rating in a report on Monday, February 9th. Glj Research began coverage on shares of nVent Electric in a report on Thursday, March 5th. They issued a “buy” rating and a $151.00 target price on the stock. UBS Group restated a “buy” rating and set a $135.00 target price on shares of nVent Electric in a research report on Friday. Royal Bank Of Canada lifted their price target on shares of nVent Electric from $136.00 to $138.00 and gave the company an “outperform” rating in a report on Monday, February 9th. Finally, Weiss Ratings upgraded shares of nVent Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, March 11th. Ten analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $137.25.

nVent Electric Stock Up 4.0%

Shares of NYSE NVT opened at $114.38 on Tuesday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.63 and a quick ratio of 1.16. The company has a market cap of $18.50 billion, a P/E ratio of 26.60, a PEG ratio of 1.14 and a beta of 1.31. nVent Electric PLC has a 1 year low of $41.71 and a 1 year high of $122.92. The firm has a 50-day simple moving average of $112.45 and a two-hundred day simple moving average of $105.48.

nVent Electric (NYSE:NVT) last released its earnings results on Friday, February 6th. The company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $1 billion. During the same quarter in the prior year, the firm posted $0.59 earnings per share. The company’s quarterly revenue was up 41.9% on a year-over-year basis. 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 year.

nVent Electric Dividend Announcement

The firm 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 $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 19.53%.

Insider Buying and Selling at nVent Electric

In other nVent Electric news, Director Susan M. Cameron sold 5,000 shares of the stock in a transaction 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 sale, the director owned 13,405 shares in the company, valued at $1,535,140.60. This trade represents a 27.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jerry W. Burris sold 5,244 shares of nVent Electric stock in a transaction on Friday, February 6th. The stock was sold at an average price of $112.27, for a total value of $588,743.88. Following the sale, the director owned 46,371 shares of the company’s stock, valued at approximately $5,206,072.17. This trade represents a 10.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 17,841 shares of company stock valued at $2,046,166 in the last quarter. 2.50% of the stock is owned by insiders.

nVent Electric 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.