New Age Alpha Advisors LLC Lowers Holdings in nVent Electric PLC $NVT

New Age Alpha Advisors LLC decreased its stake in shares of nVent Electric PLC (NYSE:NVT) by 48.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 35,079 shares of the company’s stock after selling 33,321 shares during the quarter. New Age Alpha Advisors LLC’s holdings in nVent Electric were worth $3,577,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Annex Advisory Services LLC raised its stake in nVent Electric by 3.0% during the fourth quarter. Annex Advisory Services LLC now owns 3,243 shares of the company’s stock valued at $331,000 after buying an additional 94 shares during the last quarter. NewEdge Wealth LLC raised its stake in shares of nVent Electric by 3.7% in the fourth quarter. NewEdge Wealth LLC now owns 2,620 shares of the company’s stock worth $267,000 after purchasing an additional 94 shares during the last quarter. CI Investments Inc. raised its stake in shares of nVent Electric by 15.6% in the third quarter. CI Investments Inc. now owns 712 shares of the company’s stock worth $70,000 after purchasing an additional 96 shares during the last quarter. Laird Norton Wetherby Wealth Management LLC raised its stake in shares of nVent Electric by 0.9% in the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 10,694 shares of the company’s stock worth $1,055,000 after purchasing an additional 98 shares during the last quarter. Finally, NorthRock Partners LLC raised its stake in shares of nVent Electric by 1.9% in the third quarter. NorthRock Partners LLC now owns 5,620 shares of the company’s stock worth $554,000 after purchasing an additional 104 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Insider Activity at nVent Electric

In related news, EVP Lynnette R. Heath sold 27,471 shares of the company’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $167.59, for a total transaction of $4,603,864.89. Following the completion of the sale, the executive vice president owned 37,089 shares in the company, valued at approximately $6,215,745.51. This represents a 42.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Randolph A. Wacker sold 4,094 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $165.57, for a total value of $677,843.58. Following the sale, the chief accounting officer directly owned 49,873 shares of the company’s stock, valued at $8,257,472.61. This represents a 7.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 87,685 shares of company stock valued at $14,961,768 in the last 90 days. 1.70% of the stock is owned by company insiders.

nVent Electric Stock Down 0.1%

nVent Electric stock opened at $164.51 on Tuesday. The stock has a market cap of $26.61 billion, a PE ratio of 54.66, a price-to-earnings-growth ratio of 1.56 and a beta of 1.32. 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 one year low of $63.16 and a one year high of $175.00. The stock has a fifty day moving average of $139.06 and a 200 day moving average of $119.61.

nVent Electric (NYSE:NVT) last posted its quarterly earnings data on Friday, May 1st. The company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.15. The company had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.11 billion. nVent Electric had a return on equity of 16.82% and a net margin of 11.37%.nVent Electric’s revenue for the quarter was up 53.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.67 earnings per share. 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. As a group, sell-side analysts predict that nVent Electric PLC will post 4.55 EPS for the current year.

nVent Electric announced that its board has initiated a stock buyback plan on Saturday, May 16th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the company to buy up to 1.8% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.

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 given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Friday, July 24th. nVent Electric’s dividend payout ratio is 27.91%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on NVT. Barclays boosted their price target on nVent Electric from $150.00 to $190.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Zacks Research upgraded nVent Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. Wolfe Research upgraded nVent Electric to an “outperform” rating in a research note on Monday, February 9th. UBS Group boosted their price target on nVent Electric from $164.00 to $200.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Finally, Weiss Ratings cut nVent Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $184.20.

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.