Susan Cameron Sells 5,000 Shares of nVent Electric (NYSE:NVT) Stock

nVent Electric PLC (NYSE:NVT) Director Susan Cameron sold 5,000 shares of the company’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $114.52, for a total transaction of $572,600.00. Following the completion of the sale, the director directly owned 13,405 shares in the company, valued at $1,535,140.60. This trade represents a 27.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

nVent Electric Stock Performance

NYSE NVT opened at $113.13 on Friday. The stock has a 50-day simple moving average of $108.07 and a two-hundred day simple moving average of $101.49. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.16 and a current ratio of 1.63. The firm has a market capitalization of $18.25 billion, a P/E ratio of 26.31, a PEG ratio of 1.16 and a beta of 1.33. nVent Electric PLC has a fifty-two week low of $41.71 and a fifty-two week high of $120.85.

nVent Electric (NYSE:NVT) last announced its quarterly earnings results on Friday, February 6th. The company reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.01. The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1 billion. nVent Electric had a return on equity of 15.18% and a net margin of 18.25%.nVent Electric’s revenue for the quarter was up 41.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.59 earnings per share. nVent Electric has set its Q1 2026 guidance at 0.900-0.930 EPS and its FY 2026 guidance at 4.000-4.150 EPS. On average, equities analysts forecast that nVent Electric PLC will post 3.04 earnings per share for the current year.

nVent Electric Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 6th. Shareholders of record on Friday, January 23rd were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from nVent Electric’s previous quarterly dividend of $0.20. The ex-dividend date was Friday, January 23rd. nVent Electric’s payout ratio is currently 19.53%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Global Trust Asset Management LLC acquired a new position in nVent Electric in the third quarter valued at approximately $30,000. Root Financial Partners LLC purchased a new position in nVent Electric in the 3rd quarter valued at approximately $31,000. Manchester Capital Management LLC boosted its holdings in nVent Electric by 128.1% in the fourth quarter. Manchester Capital Management LLC now owns 308 shares of the company’s stock valued at $31,000 after purchasing an additional 173 shares during the period. True Wealth Design LLC boosted its stake in shares of nVent Electric by 1,202.9% in the 2nd quarter. True Wealth Design LLC now owns 443 shares of the company’s stock valued at $32,000 after buying an additional 409 shares during the period. Finally, Cullen Frost Bankers Inc. acquired a new position in nVent Electric during the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analyst Upgrades and Downgrades

NVT has been the topic of a number of recent analyst reports. KeyCorp increased their price target on nVent Electric from $125.00 to $130.00 and gave the stock an “overweight” rating in a research report on Monday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of nVent Electric in a research note on Monday, December 29th. The Goldman Sachs Group increased their price objective on shares of nVent Electric from $111.00 to $140.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Citigroup boosted their target price on shares of nVent Electric from $131.00 to $133.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Royal Bank Of Canada raised their price target on shares of nVent Electric from $136.00 to $138.00 and gave the company an “outperform” rating in a research note on Monday. Ten investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $126.25.

About nVent Electric

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.