nVent Electric PLC $NVT Stake Increased by Swiss Life Asset Management Ltd

Swiss Life Asset Management Ltd grew its holdings in nVent Electric PLC (NYSE:NVT) by 45.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,078 shares of the company’s stock after purchasing an additional 3,452 shares during the period. Swiss Life Asset Management Ltd’s holdings in nVent Electric were worth $1,130,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Global Trust Asset Management LLC purchased a new stake in shares of nVent Electric in the third quarter valued at $30,000. Root Financial Partners LLC purchased a new stake in shares of nVent Electric in the third quarter valued at $31,000. Advisory Services Network LLC acquired a new position in shares of nVent Electric in the 3rd quarter valued at about $35,000. Headlands Technologies LLC increased its holdings in shares of nVent Electric by 522.9% in the 2nd quarter. Headlands Technologies LLC now owns 517 shares of the company’s stock valued at $38,000 after purchasing an additional 434 shares during the period. Finally, Torren Management LLC acquired a new position in shares of nVent Electric in the 4th quarter valued at about $40,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

nVent Electric Stock Down 2.8%

Shares of nVent Electric stock opened at $169.10 on Friday. The firm has a market cap of $27.35 billion, a price-to-earnings ratio of 56.18, a P/E/G ratio of 1.65 and a beta of 1.32. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.70 and a quick ratio of 1.21. nVent Electric PLC has a 52-week low of $63.15 and a 52-week high of $175.00. The stock has a 50-day simple moving average of $132.66 and a 200-day simple moving average of $117.24.

nVent Electric (NYSE:NVT) last announced its quarterly earnings results on Friday, May 1st. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.15. The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.11 billion. nVent Electric had a return on equity of 16.82% and a net margin of 11.37%.The firm’s revenue was up 53.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.67 EPS. nVent Electric has set its Q2 2026 guidance at 1.120-1.150 EPS and its FY 2026 guidance at 4.450-4.550 EPS. On average, equities research analysts expect that nVent Electric PLC will post 4.55 earnings per share for the current fiscal year.

nVent Electric Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 8th. Stockholders of record on Friday, April 24th were issued a dividend of $0.21 per share. The ex-dividend date was Friday, April 24th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.5%. nVent Electric’s dividend payout ratio (DPR) is currently 27.91%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on NVT. KeyCorp upped their target price on nVent Electric from $140.00 to $185.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Wolfe Research upgraded nVent Electric to an “outperform” rating in a report on Monday, February 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $187.00 target price on shares of nVent Electric in a report on Monday, May 4th. Weiss Ratings cut shares of nVent Electric from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Finally, Glj Research started coverage on shares of nVent Electric in a report on Thursday, March 5th. They set a “buy” rating and a $151.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $184.20.

Insider Buying and Selling at nVent Electric

In other news, EVP Aravind Padmanabhan sold 15,942 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $174.00, for a total transaction of $2,773,908.00. Following the transaction, the executive vice president owned 23,243 shares in the company, valued at approximately $4,044,282. This trade represents a 40.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CMO Martha Claire Bennett sold 3,778 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $170.00, for a total transaction of $642,260.00. Following the transaction, the chief marketing officer owned 225 shares in the company, valued at $38,250. This represents a 94.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 87,685 shares of company stock worth $14,961,768 in the last ninety days. Company insiders own 1.70% of the company’s stock.

nVent Electric 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.