NewEdge Advisors LLC Sells 8,819 Shares of nVent Electric PLC $NVT

NewEdge Advisors LLC reduced its holdings in nVent Electric PLC (NYSE:NVT) by 28.6% during the 1st quarter, HoldingsChannel reports. The firm owned 21,983 shares of the company’s stock after selling 8,819 shares during the quarter. NewEdge Advisors LLC’s holdings in nVent Electric were worth $2,785,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in NVT. AlTi Global Inc. lifted its position in shares of nVent Electric by 1.8% during the 1st quarter. AlTi Global Inc. now owns 4,081 shares of the company’s stock worth $483,000 after purchasing an additional 74 shares during the last quarter. Meeder Advisory Services Inc. grew its holdings in nVent Electric by 0.9% in the 1st quarter. Meeder Advisory Services Inc. now owns 8,260 shares of the company’s stock valued at $977,000 after buying an additional 77 shares during the last quarter. Gamco Investors INC. ET AL grew its holdings in nVent Electric by 1.0% in the 1st quarter. Gamco Investors INC. ET AL now owns 9,864 shares of the company’s stock valued at $1,167,000 after buying an additional 93 shares during the last quarter. Annex Advisory Services LLC increased its position in nVent Electric by 3.0% in the 4th quarter. Annex Advisory Services LLC now owns 3,243 shares of the company’s stock worth $331,000 after buying an additional 94 shares during the period. Finally, NewEdge Wealth LLC increased its position in nVent Electric by 3.7% in the 4th quarter. NewEdge Wealth LLC now owns 2,620 shares of the company’s stock worth $267,000 after buying an additional 94 shares during the period. 90.05% of the stock is currently owned by institutional investors.

nVent Electric Trading Up 6.7%

Shares of NVT stock opened at $154.53 on Friday. The firm has a fifty day moving average of $162.02 and a 200-day moving average of $138.90. The stock has a market cap of $24.99 billion, a price-to-earnings ratio of 51.34, a P/E/G ratio of 1.37 and a beta of 1.36. nVent Electric PLC has a 52-week low of $78.11 and a 52-week high of $184.64. 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 (NYSE:NVT) last issued its earnings results on Friday, July 31st. The company reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.29. The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.26 billion. nVent Electric had a net margin of 11.37% and a return on equity of 16.82%. The firm’s revenue was up 52.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.86 EPS. nVent Electric has set its Q3 2026 guidance at 1.350-1.380 EPS and its FY 2026 guidance at 5.000-5.100 EPS. On average, equities research analysts forecast that nVent Electric PLC will post 4.56 earnings per share for the current fiscal year.

nVent Electric declared that its board has initiated a stock repurchase program on Saturday, May 16th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the company to repurchase up to 1.8% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its stock is undervalued.

nVent Electric Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Friday, July 24th will be paid a dividend of $0.21 per share. The ex-dividend date is Friday, July 24th. This represents a $0.84 dividend on an annualized basis and a yield of 0.5%. nVent Electric’s dividend payout ratio (DPR) is currently 27.91%.

Key Stories Impacting nVent Electric

Here are the key news stories impacting nVent Electric this week:

• Positive Sentiment: Results significantly exceeded expectations: nVent reported quarterly earnings per share of $1.45, above the $1.16 consensus estimate, while revenue reached $1.47 billion versus expectations of $1.26 billion. EPS rose from $0.86 in the prior-year quarter, and revenue grew 52.8% year over year. nVent Electric earnings report
• Positive Sentiment: Raised guidance points to continued momentum: The company projected third-quarter EPS of $1.35–$1.38, above the $1.18 analyst consensus, and full-year 2026 EPS of $5.00–$5.10, ahead of the $4.59 consensus. Revenue guidance also exceeded expectations, with third-quarter revenue around $1.4 billion and full-year revenue of $5.3–$5.4 billion versus an estimated $5.0 billion. nVent second-quarter financial results
• Positive Sentiment: Data-center investment supports the growth narrative: nVent is expanding liquid-cooling capacity at a 160,000-square-foot site to meet rising demand from artificial intelligence and high-performance computing data centers. This could strengthen its position in a rapidly growing end market. nVent expands data-center liquid-cooling capacity
• Neutral Sentiment: Despite the strong results, nVent trades at a relatively elevated valuation, with a reported price-to-earnings ratio above 50, leaving the stock potentially sensitive to any slowdown in growth or future guidance revisions.

Insider Activity at nVent Electric

In other news, 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 value of $2,773,908.00. Following the completion of the transaction, the executive vice president directly owned 23,243 shares of the company’s stock, valued at approximately $4,044,282. This represents a 40.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CMO Martha Claire Bennett sold 3,778 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $170.00, for a total value of $642,260.00. Following the transaction, the chief marketing officer owned 225 shares of the company’s stock, valued at $38,250. This trade represents a 94.38% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 87,685 shares of company stock valued at $14,961,768. Corporate insiders own 1.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on NVT shares. UBS Group reiterated a “buy” rating on shares of nVent Electric in a report on Thursday, June 11th. Barclays raised their price objective on shares of nVent Electric from $150.00 to $190.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. KeyCorp boosted their target price on shares of nVent Electric from $140.00 to $185.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. The Goldman Sachs Group reiterated a “buy” rating and set a $200.00 target price on shares of nVent Electric in a research note on Saturday. Finally, Sanford C. Bernstein set a $220.00 price target on shares of nVent Electric in a report on Thursday, July 9th. Four investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, nVent Electric currently has an average rating of “Buy” and an average target price of $191.50.

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.