Valeo Financial Advisors LLC Acquires New Stake in nVent Electric PLC $NVT

Valeo Financial Advisors LLC bought a new position in shares of nVent Electric PLC (NYSE:NVT) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 661,339 shares of the company’s stock, valued at approximately $48,443,000.

Several other institutional investors also recently bought and sold shares of the company. QRG Capital Management Inc. boosted its stake in shares of nVent Electric by 6.2% in the second quarter. QRG Capital Management Inc. now owns 4,637 shares of the company’s stock valued at $340,000 after purchasing an additional 269 shares during the period. Vaughan Nelson Investment Management L.P. lifted its holdings in nVent Electric by 31.7% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 44,060 shares of the company’s stock worth $3,227,000 after buying an additional 10,600 shares in the last quarter. Mountain Pacific Investment Advisers LLC boosted its position in nVent Electric by 0.7% in the 2nd quarter. Mountain Pacific Investment Advisers LLC now owns 209,717 shares of the company’s stock valued at $15,362,000 after buying an additional 1,529 shares during the period. Trust Co. of Vermont grew its stake in shares of nVent Electric by 57.8% in the second quarter. Trust Co. of Vermont now owns 434 shares of the company’s stock worth $32,000 after acquiring an additional 159 shares in the last quarter. Finally, PFG Investments LLC grew its stake in shares of nVent Electric by 2.7% in the second quarter. PFG Investments LLC now owns 5,020 shares of the company’s stock worth $368,000 after acquiring an additional 132 shares in the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on NVT shares. Wall Street Zen upgraded nVent Electric from a “hold” rating to a “buy” rating in a report on Saturday, July 12th. KeyCorp boosted their price objective on nVent Electric from $78.00 to $84.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 15th. Royal Bank Of Canada restated an “outperform” rating and set a $102.00 target price (up from $85.00) on shares of nVent Electric in a research note on Monday, August 4th. Barclays lifted their price target on shares of nVent Electric from $100.00 to $115.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Citigroup increased their price objective on shares of nVent Electric from $69.00 to $86.00 and gave the company a “buy” rating in a research report on Monday, July 14th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $95.43.

nVent Electric Stock Performance

Shares of NVT opened at $97.89 on Monday. The company has a quick ratio of 1.20, a current ratio of 1.67 and a debt-to-equity ratio of 0.50. nVent Electric PLC has a 52-week low of $41.71 and a 52-week high of $101.76. The stock has a 50 day moving average price of $91.85 and a 200 day moving average price of $73.43. The company has a market capitalization of $15.76 billion, a price-to-earnings ratio of 27.89, a price-to-earnings-growth ratio of 1.45 and a beta of 1.38.

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

nVent Electric Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 7th. Stockholders of record on Friday, October 17th will be given a dividend of $0.20 per share. The ex-dividend date is Friday, October 17th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.8%. nVent Electric’s payout ratio is 22.79%.

Insiders Place Their Bets

In related news, CEO Beth Wozniak sold 42,331 shares of the company’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $89.21, for a total value of $3,776,348.51. Following the completion of the sale, the chief executive officer directly owned 49,196 shares of the company’s stock, valued at $4,388,775.16. This represents a 46.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Aravind Padmanabhan sold 24,534 shares of nVent Electric stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $90.00, for a total transaction of $2,208,060.00. Following the completion of the transaction, the executive vice president directly owned 12,063 shares in the company, valued at $1,085,670. The trade was a 67.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 261,111 shares of company stock worth $23,367,520. Corporate insiders own 2.50% of the company’s stock.

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.