nVent Electric PLC $NVT Shares Acquired by First Hawaiian Bank

First Hawaiian Bank boosted its holdings in nVent Electric PLC (NYSE:NVT) by 4.5% during the 1st quarter, Holdings Channel reports. The fund owned 37,388 shares of the company’s stock after acquiring an additional 1,618 shares during the quarter. First Hawaiian Bank’s holdings in nVent Electric were worth $1,960,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. SVB Wealth LLC acquired a new stake in nVent Electric in the 1st quarter valued at approximately $25,000. Capital A Wealth Management LLC acquired a new stake in nVent Electric in the 4th quarter valued at approximately $27,000. Whipplewood Advisors LLC increased its position in nVent Electric by 467.3% in the 1st quarter. Whipplewood Advisors LLC now owns 607 shares of the company’s stock valued at $32,000 after acquiring an additional 500 shares during the period. Hughes Financial Services LLC acquired a new stake in nVent Electric in the 1st quarter valued at approximately $36,000. Finally, Park Square Financial Group LLC acquired a new stake in nVent Electric in the 4th quarter valued at approximately $38,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at nVent Electric

In other news, insider Sara E. Zawoyski sold 22,109 shares of the company’s stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $89.54, for a total transaction of $1,979,639.86. Following the completion of the sale, the insider directly owned 66,640 shares of the company’s stock, valued at $5,966,945.60. This represents a 24.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Beth Wozniak sold 42,331 shares of the company’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $89.21, for a total value of $3,776,348.51. Following the sale, the chief executive officer directly owned 49,196 shares of the company’s stock, valued at approximately $4,388,775.16. This represents a 46.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 261,111 shares of company stock valued at $23,367,520 over the last 90 days. 1.80% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

NVT has been the topic of several analyst reports. Royal Bank Of Canada restated an “outperform” rating and issued a $102.00 target price (up from $85.00) on shares of nVent Electric in a research report on Monday, August 4th. The Goldman Sachs Group lifted their price target on nVent Electric from $78.00 to $87.00 and gave the company a “buy” rating in a research report on Monday, July 7th. Citigroup lifted their price target on nVent Electric from $69.00 to $86.00 and gave the company a “buy” rating in a research report on Monday, July 14th. Wall Street Zen upgraded nVent Electric from a “hold” rating to a “buy” rating in a research report on Saturday, July 12th. Finally, Barclays reiterated an “overweight” rating on shares of nVent Electric in a research report on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company. Based on data from MarketBeat, nVent Electric currently has an average rating of “Buy” and an average target price of $87.00.

nVent Electric Stock Down 0.9%

Shares of nVent Electric stock opened at $94.88 on Friday. nVent Electric PLC has a 12-month low of $41.71 and a 12-month high of $96.62. The firm has a market capitalization of $15.27 billion, a PE ratio of 27.03, a price-to-earnings-growth ratio of 1.49 and a beta of 1.39. The company has a quick ratio of 1.20, a current ratio of 1.67 and a debt-to-equity ratio of 0.50. The stock’s fifty day moving average is $85.14 and its 200-day moving average is $68.91.

nVent Electric (NYSE:NVT) last announced its earnings results on Friday, August 1st. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.79 by $0.07. nVent Electric had a return on equity of 13.36% and a net margin of 17.72%.The business had revenue of $963.10 million during the quarter, compared to the consensus estimate of $906.96 million. During the same period in the prior year, the business posted $0.82 earnings per share. nVent Electric’s revenue was up 30.1% compared to the same quarter last year. nVent Electric has set its Q3 2025 guidance at 0.860-0.880 EPS. FY 2025 guidance at 3.220-3.300 EPS. Equities analysts anticipate that nVent Electric PLC will post 3.04 earnings per share for the current year.

nVent Electric Profile

nVent Electric plc, together with its subsidiaries, designs, manufactures, markets, installs, and services electrical connection and protection solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management.