Healthcare of Ontario Pension Plan Trust Fund Makes New Investment in nVent Electric PLC $NVT

Healthcare of Ontario Pension Plan Trust Fund bought a new stake in nVent Electric PLC (NYSE:NVT) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 59,971 shares of the company’s stock, valued at approximately $7,093,000.

Other hedge funds have also bought and sold shares of the company. AlTi Global Inc. boosted its position in nVent Electric by 1.8% in the first quarter. AlTi Global Inc. now owns 4,081 shares of the company’s stock worth $483,000 after purchasing an additional 74 shares during the last quarter. Meeder Advisory Services Inc. raised its stake in shares of nVent Electric by 0.9% during the 1st quarter. Meeder Advisory Services Inc. now owns 8,260 shares of the company’s stock worth $977,000 after purchasing an additional 77 shares during the period. Gamco Investors INC. ET AL boosted its holdings in shares of nVent Electric by 1.0% in the 1st quarter. Gamco Investors INC. ET AL now owns 9,864 shares of the company’s stock worth $1,167,000 after buying an additional 93 shares during the last quarter. Annex Advisory Services LLC grew its position in nVent Electric by 3.0% during the fourth quarter. Annex Advisory Services LLC now owns 3,243 shares of the company’s stock valued at $331,000 after buying an additional 94 shares during the period. Finally, NewEdge Wealth LLC increased its holdings in nVent Electric by 3.7% during the fourth quarter. NewEdge Wealth LLC now owns 2,620 shares of the company’s stock worth $267,000 after buying an additional 94 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on NVT shares. The Goldman Sachs Group boosted their target price on shares of nVent Electric from $150.00 to $187.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Clear Str raised shares of nVent Electric to a “strong-buy” rating in a report on Monday, July 13th. UBS Group reissued a “buy” rating on shares of nVent Electric in a report on Thursday, June 11th. Evercore reissued an “outperform” rating and issued a $190.00 target price on shares of nVent Electric in a research report on Monday, May 4th. Finally, Barclays boosted their target price on nVent Electric from $150.00 to $190.00 and gave the company an “overweight” rating in a research note on Monday, May 4th. Four investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $190.57.

Insider Buying and Selling at nVent Electric

In other nVent Electric news, EVP Aravind Padmanabhan sold 15,942 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $174.00, for a total value of $2,773,908.00. Following the completion of the transaction, the executive vice president owned 23,243 shares in the company, valued at $4,044,282. This trade represents a 40.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Randolph A. Wacker sold 4,094 shares of nVent Electric stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $165.57, for a total value of $677,843.58. Following the transaction, the chief accounting officer directly owned 49,873 shares of the company’s stock, valued at $8,257,472.61. The trade was a 7.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 87,685 shares of company stock worth $14,961,768 in the last three months. 1.70% of the stock is currently owned by corporate insiders.

nVent Electric Stock Performance

Shares of NVT stock opened at $133.55 on Thursday. The stock has a market capitalization of $21.60 billion, a P/E ratio of 44.37, a PEG ratio of 1.34 and a beta of 1.36. The company has a current ratio of 1.70, a quick ratio of 1.21 and a debt-to-equity ratio of 0.41. The firm’s 50 day moving average is $162.59 and its 200 day moving average is $138.51. nVent Electric PLC has a 12 month low of $78.03 and a 12 month high of $184.64.

nVent Electric (NYSE:NVT) last released its quarterly earnings data on Friday, May 1st. The company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.15. nVent Electric had a net margin of 11.37% and a return on equity of 16.82%. The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same period in the previous year, the business earned $0.67 EPS. nVent Electric’s revenue was up 53.5% compared to the same quarter last year. 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, sell-side analysts anticipate that nVent Electric PLC will post 4.56 earnings per share for the current year.

nVent Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, July 24th will be issued a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $0.84 dividend on an annualized basis and a yield of 0.6%. nVent Electric’s dividend payout ratio is 27.91%.

nVent Electric declared that its board has authorized a stock repurchase program on Saturday, May 16th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 1.8% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board believes its stock is undervalued.

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.