nVent Electric PLC $NVT Stock Holdings Lifted by NewEdge Advisors LLC

NewEdge Advisors LLC raised its position in shares of nVent Electric PLC (NYSE:NVT) by 47.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,341 shares of the company’s stock after purchasing an additional 14,539 shares during the period. NewEdge Advisors LLC’s holdings in nVent Electric were worth $5,363,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Manchester Capital Management LLC increased 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 worth $31,000 after buying an additional 173 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new stake in nVent Electric in the fourth quarter valued at approximately $32,000. Advisory Services Network LLC acquired a new stake in nVent Electric in the third quarter valued at approximately $35,000. Elyxium Wealth LLC bought a new stake in nVent Electric in the fourth quarter worth approximately $36,000. Finally, Headlands Technologies LLC grew its position in nVent Electric by 522.9% in the second quarter. Headlands Technologies LLC now owns 517 shares of the company’s stock worth $38,000 after acquiring an additional 434 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on NVT shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $187.00 price target on shares of nVent Electric in a report on Monday, May 4th. Seaport Research Partners reissued a “buy” rating and set a $215.00 target price on shares of nVent Electric in a research report on Monday, August 3rd. Wolfe Research restated an “outperform” rating and set a $191.00 target price on shares of nVent Electric in a report on Thursday, July 9th. Robert W. Baird boosted their price target on nVent Electric from $188.00 to $200.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Finally, KeyCorp upped their price target on nVent Electric from $140.00 to $185.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Three analysts have rated the stock with a Strong Buy rating and fourteen have issued a Buy rating to the company’s stock. Based on data from MarketBeat, nVent Electric currently has an average rating of “Buy” and a consensus price target of $198.79.

Insider Activity

In related news, CAO Randolph A. Wacker sold 22,525 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $164.62, for a total transaction of $3,708,065.50. Following the transaction, the chief accounting officer directly owned 27,441 shares in the company, valued at $4,517,337.42. The trade was a 45.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Der Kolk Robert J. Van sold 5,858 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $164.32, for a total value of $962,586.56. Following the completion of the transaction, the insider directly owned 27,387 shares of the company’s stock, valued at approximately $4,500,231.84. This trade represents a 17.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 74,644 shares of company stock valued at $12,276,886. Insiders own 1.70% of the company’s stock.

nVent Electric Stock Up 2.9%

NVT opened at $167.11 on Wednesday. nVent Electric PLC has a 1-year low of $85.72 and a 1-year high of $184.64. The company has a current ratio of 1.80, a quick ratio of 1.33 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $27.05 billion, a price-to-earnings ratio of 45.66, a P/E/G ratio of 1.36 and a beta of 1.37. The business has a 50 day moving average of $161.28 and a 200-day moving average of $141.77.

nVent Electric (NYSE:NVT) last announced its quarterly earnings data on Friday, July 31st. The company reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.29. nVent Electric had a net margin of 12.38% and a return on equity of 18.85%. The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.26 billion. During the same quarter last year, the company posted $0.86 earnings per share. nVent Electric’s quarterly revenue was up 52.8% on a year-over-year basis. nVent Electric has set its Q3 2026 guidance at 1.350-1.380 EPS and its FY 2026 guidance at 5.000-5.100 EPS. As a group, sell-side analysts anticipate that nVent Electric PLC will post 5.13 earnings per share for the current year.

nVent Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, July 24th were issued a dividend of $0.21 per share. The ex-dividend date was Friday, July 24th. This represents a $0.84 annualized dividend and a dividend yield of 0.5%. nVent Electric’s payout ratio is presently 22.95%.

nVent Electric declared that its Board of Directors has approved a share repurchase plan on Saturday, May 16th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the company to purchase up to 1.8% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

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.