nVent Electric PLC (NYSE:NVT) Receives $95.43 Consensus PT from Brokerages

Shares of nVent Electric PLC (NYSE:NVT) have been assigned a consensus recommendation of “Buy” from the nine analysts that are covering the company, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, seven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $95.4286.

Several analysts have recently weighed in on the company. Citigroup reissued a “buy” rating on shares of nVent Electric in a report on Thursday. Royal Bank Of Canada reissued an “outperform” rating and set a $102.00 price objective (up previously from $85.00) on shares of nVent Electric in a report on Monday, August 4th. Wall Street Zen raised nVent Electric from a “hold” rating to a “buy” rating in a report on Saturday, July 12th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of nVent Electric in a research note on Wednesday. Finally, Barclays boosted their price target on nVent Electric from $100.00 to $115.00 and gave the company an “overweight” rating in a research note on Wednesday, October 1st.

nVent Electric Stock Performance

Shares of NYSE NVT opened at $95.95 on Thursday. 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 business’s 50 day moving average is $93.47 and its two-hundred day moving average is $74.71. The company has a market cap of $15.44 billion, a P/E ratio of 27.34, a P/E/G ratio of 1.43 and a beta of 1.38. nVent Electric has a 12 month low of $41.71 and a 12 month high of $101.76.

nVent Electric (NYSE:NVT) last issued its quarterly earnings results on Friday, August 1st. The company reported $0.86 EPS for the quarter, topping 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 company had revenue of $963.10 million for the quarter, compared to the consensus estimate of $906.96 million. During the same period in the previous year, the business posted $0.82 EPS. The company’s revenue for the quarter was up 30.1% on a year-over-year basis. nVent Electric has set its Q3 2025 guidance at 0.860-0.880 EPS. FY 2025 guidance at 3.220-3.300 EPS. On average, equities analysts expect that nVent Electric will post 3.04 EPS for the current year.

nVent Electric Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 7th. Investors of record on Friday, October 17th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Friday, October 17th. This represents a $0.80 annualized dividend and a yield of 0.8%. nVent Electric’s payout ratio is currently 22.79%.

Insiders Place Their Bets

In related news, insider Sara E. Zawoyski sold 22,109 shares of the business’s stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $89.54, for a total value of $1,979,639.86. Following the sale, the insider owned 66,640 shares of the company’s stock, valued at $5,966,945.60. The trade was a 24.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Randolph A. Wacker sold 3,000 shares of the business’s stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $89.09, for a total value of $267,270.00. Following the completion of the sale, the chief accounting officer directly owned 27,525 shares in the company, valued at approximately $2,452,202.25. This represents a 9.83% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 261,111 shares of company stock worth $23,367,520 over the last quarter. Corporate insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On nVent Electric

A number of institutional investors and hedge funds have recently bought and sold shares of NVT. XTX Topco Ltd boosted its stake in nVent Electric by 192.2% in the first quarter. XTX Topco Ltd now owns 12,284 shares of the company’s stock worth $644,000 after purchasing an additional 8,080 shares in the last quarter. Hsbc Holdings PLC boosted its stake in nVent Electric by 32.4% in the first quarter. Hsbc Holdings PLC now owns 50,670 shares of the company’s stock worth $2,623,000 after purchasing an additional 12,386 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in nVent Electric by 381.0% in the first quarter. Farther Finance Advisors LLC now owns 1,996 shares of the company’s stock worth $106,000 after purchasing an additional 1,581 shares in the last quarter. GAMMA Investing LLC boosted its stake in nVent Electric by 74.3% in the first quarter. GAMMA Investing LLC now owns 3,476 shares of the company’s stock worth $182,000 after purchasing an additional 1,482 shares in the last quarter. Finally, Strs Ohio acquired a new position in nVent Electric in the first quarter worth $5,294,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

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.