Trium Capital LLP Buys 6,472 Shares of nVent Electric PLC $NVT

Trium Capital LLP increased its stake in shares of nVent Electric PLC (NYSE:NVT) by 33.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,863 shares of the company’s stock after purchasing an additional 6,472 shares during the quarter. nVent Electric comprises about 1.0% of Trium Capital LLP’s portfolio, making the stock its 15th biggest position. Trium Capital LLP’s holdings in nVent Electric were worth $2,551,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. CWM LLC lifted its holdings in nVent Electric by 2.4% during the 3rd quarter. CWM LLC now owns 7,081 shares of the company’s stock worth $698,000 after buying an additional 165 shares in the last quarter. Pacer Advisors Inc. raised its position in shares of nVent Electric by 51.0% during the third quarter. Pacer Advisors Inc. now owns 30,535 shares of the company’s stock worth $3,012,000 after acquiring an additional 10,307 shares during the last quarter. Silver Lake Advisory LLC lifted its stake in shares of nVent Electric by 2.3% during the third quarter. Silver Lake Advisory LLC now owns 32,257 shares of the company’s stock valued at $3,182,000 after acquiring an additional 719 shares during the period. Affiance Financial LLC bought a new position in nVent Electric in the third quarter valued at about $232,000. Finally, Farther Finance Advisors LLC boosted its holdings in nVent Electric by 18.5% in the third quarter. Farther Finance Advisors LLC now owns 3,914 shares of the company’s stock valued at $386,000 after acquiring an additional 612 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on NVT shares. KeyCorp boosted their price objective on nVent Electric from $103.00 to $114.00 and gave the stock an “overweight” rating in a report on Tuesday, October 14th. Roth Capital reissued a “buy” rating and set a $130.00 price target (up from $115.00) on shares of nVent Electric in a research note on Monday, November 3rd. Wall Street Zen upgraded shares of nVent Electric from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 8th. Royal Bank Of Canada lifted their target price on shares of nVent Electric from $117.00 to $133.00 and gave the stock an “outperform” rating in a report on Monday, November 3rd. Finally, Barclays upped their target price on shares of nVent Electric from $130.00 to $140.00 and gave the company an “overweight” rating in a research report on Thursday, December 4th. One research analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $123.25.

Insider Activity

In other news, CAO Randolph A. Wacker sold 5,000 shares of nVent Electric stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $110.08, for a total transaction of $550,400.00. Following the transaction, the chief accounting officer owned 26,400 shares in the company, valued at $2,906,112. The trade was a 15.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Greg Scheu sold 5,591 shares of the stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $104.04, for a total value of $581,687.64. Following the sale, the director directly owned 14,348 shares of the company’s stock, valued at approximately $1,492,765.92. The trade was a 28.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 163,228 shares of company stock valued at $18,345,001. Company insiders own 1.80% of the company’s stock.

nVent Electric Price Performance

nVent Electric stock opened at $103.97 on Friday. The firm has a market capitalization of $16.78 billion, a price-to-earnings ratio of 28.64, a PEG ratio of 1.28 and a beta of 1.32. The company’s 50 day simple moving average is $105.18 and its 200 day simple moving average is $92.33. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.57 and a quick ratio of 1.11. nVent Electric PLC has a fifty-two week low of $41.71 and a fifty-two week high of $117.52.

nVent Electric (NYSE:NVT) last issued its earnings results on Friday, October 31st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.88 by $0.03. The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.01 billion. nVent Electric had a net margin of 16.83% and a return on equity of 14.29%. The business’s quarterly revenue was up 34.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.63 earnings per share. 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. As a group, sell-side analysts anticipate that nVent Electric PLC will post 3.04 EPS for the current year.

nVent Electric Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 6th. Shareholders of record on Friday, January 23rd will be issued a dividend of $0.21 per share. This is a boost from nVent Electric’s previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, January 23rd. nVent Electric’s dividend payout ratio is presently 22.04%.

nVent Electric Company 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.