Tema Etfs LLC Invests $2.10 Million in nVent Electric PLC $NVT

Tema Etfs LLC bought a new stake in nVent Electric PLC (NYSE:NVT) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 28,657 shares of the company’s stock, valued at approximately $2,099,000.

Other hedge funds have also bought and sold shares of the company. Hsbc Holdings PLC lifted its holdings in nVent Electric by 32.4% during the 1st quarter. Hsbc Holdings PLC now owns 50,670 shares of the company’s stock valued at $2,623,000 after purchasing an additional 12,386 shares during the last quarter. Nordea Investment Management AB raised its position in shares of nVent Electric by 3.9% in the second quarter. Nordea Investment Management AB now owns 117,851 shares of the company’s stock valued at $8,613,000 after purchasing an additional 4,427 shares during the period. Vontobel Holding Ltd. raised its position in shares of nVent Electric by 19.6% in the second quarter. Vontobel Holding Ltd. now owns 531,855 shares of the company’s stock valued at $38,958,000 after purchasing an additional 87,102 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of nVent Electric by 2.9% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,081,899 shares of the company’s stock worth $79,249,000 after buying an additional 30,267 shares during the last quarter. Finally, Strs Ohio bought a new stake in shares of nVent Electric during the 1st quarter worth about $5,294,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on NVT shares. Citigroup upped their price target on shares of nVent Electric from $114.00 to $131.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Roth Capital reaffirmed a “buy” rating and issued a $130.00 target price (up previously from $115.00) on shares of nVent Electric in a research report on Monday, November 3rd. KeyCorp increased their target price on nVent Electric from $103.00 to $114.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 14th. Wall Street Zen upgraded nVent Electric from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 8th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of nVent Electric in a report on Monday. One analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, nVent Electric presently has a consensus rating of “Buy” and an average target price of $123.25.

nVent Electric Stock Up 3.2%

Shares of NYSE NVT opened at $108.36 on Friday. The stock has a market capitalization of $17.48 billion, a P/E ratio of 29.85, a PEG ratio of 1.45 and a beta of 1.32. The stock’s fifty day moving average is $103.60 and its 200 day moving average is $88.39. nVent Electric PLC has a 52 week low of $41.71 and a 52 week high of $117.52. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.11 and a current ratio of 1.57.

nVent Electric (NYSE:NVT) last posted its quarterly earnings data on Friday, October 31st. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.03. nVent Electric had a net margin of 16.83% and a return on equity of 14.29%. The business had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter in the prior year, the business posted $0.63 earnings per share. nVent Electric’s revenue was up 34.8% compared to the same quarter last year. nVent Electric has set its Q4 2025 guidance at 0.870-0.890 EPS and its FY 2025 guidance at 3.310-3.330 EPS. Sell-side analysts forecast that nVent Electric PLC will post 3.04 earnings per share for the current fiscal year.

nVent Electric Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 7th. Investors of record on Friday, October 17th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Friday, October 17th. nVent Electric’s dividend payout ratio (DPR) is 22.04%.

Insider Buying and Selling at nVent Electric

In other news, CAO Randolph A. Wacker sold 5,000 shares of nVent Electric stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $110.08, for a total value of $550,400.00. Following the transaction, the chief accounting officer owned 26,400 shares in the company, valued at approximately $2,906,112. This trade represents a 15.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Beth Wozniak sold 4,137 shares of the business’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $110.35, for a total value of $456,517.95. Following the transaction, the chief executive officer directly owned 47,984 shares of the company’s stock, valued at $5,295,034.40. This trade represents a 7.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 163,228 shares of company stock valued at $18,345,001. 1.80% of the stock is currently owned by insiders.

nVent Electric Company 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.