nVent Electric PLC (NYSE:NVT) Receives Average Recommendation of “Buy” from Brokerages

nVent Electric PLC (NYSE:NVT) has received an average recommendation of “Buy” from the eight research firms that are currently covering the firm, Marketbeat.com reports. Seven equities research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $87.00.

NVT has been the topic of a number of recent analyst reports. Barclays restated an “overweight” rating on shares of nVent Electric in a research report on Monday, August 4th. Citigroup raised their price target on nVent Electric from $69.00 to $86.00 and gave the stock a “buy” rating in a research report on Monday, July 14th. Roth Capital restated a “buy” rating and issued a $100.00 price target (up previously from $89.00) on shares of nVent Electric in a research report on Monday, August 4th. Wall Street Zen upgraded nVent Electric from a “hold” rating to a “buy” rating in a research report on Saturday, July 12th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $102.00 price target (up previously from $85.00) on shares of nVent Electric in a research report on Monday, August 4th.

Insider Buying and Selling

In related news, insider Sara E. Zawoyski sold 22,109 shares of the firm’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $89.54, for a total value of $1,979,639.86. Following the sale, the insider directly owned 66,640 shares of the company’s stock, valued at $5,966,945.60. This trade represents a 24.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Herbert K. Parker sold 20,597 shares of the firm’s stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $89.88, for a total value of $1,851,258.36. Following the completion of the sale, the director directly owned 15,070 shares in the company, valued at $1,354,491.60. This trade represents a 57.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 261,111 shares of company stock valued at $23,367,520 in the last ninety days. Insiders own 2.50% of the company’s stock.

Institutional Trading of nVent Electric

Large investors have recently bought and sold shares of the business. Capital A Wealth Management LLC acquired a new stake in nVent Electric in the fourth quarter valued at about $27,000. Trust Co. of Vermont boosted its stake in shares of nVent Electric by 57.8% during the second quarter. Trust Co. of Vermont now owns 434 shares of the company’s stock valued at $32,000 after purchasing an additional 159 shares in the last quarter. Manchester Capital Management LLC boosted its stake in shares of nVent Electric by 222.2% during the second quarter. Manchester Capital Management LLC now owns 435 shares of the company’s stock valued at $32,000 after purchasing an additional 300 shares in the last quarter. True Wealth Design LLC boosted its stake in shares of nVent Electric by 1,202.9% during the second quarter. True Wealth Design LLC now owns 443 shares of the company’s stock valued at $32,000 after purchasing an additional 409 shares in the last quarter. Finally, SVB Wealth LLC acquired a new stake in shares of nVent Electric during the first quarter valued at about $25,000. 90.05% of the stock is owned by institutional investors and hedge funds.

nVent Electric Stock Up 2.3%

NVT stock opened at $90.0070 on Wednesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.67 and a quick ratio of 1.20. The stock has a market capitalization of $14.49 billion, a price-to-earnings ratio of 25.64, a PEG ratio of 1.45 and a beta of 1.35. The business’s fifty day moving average price is $79.20 and its two-hundred day moving average price is $66.27. nVent Electric has a fifty-two week low of $41.71 and a fifty-two week high of $92.75.

nVent Electric (NYSE:NVT) last posted its quarterly earnings data on Friday, August 1st. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.07. The firm had revenue of $963.10 million for the quarter, compared to analysts’ expectations of $906.96 million. nVent Electric had a return on equity of 13.36% and a net margin of 17.72%.The company’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.82 EPS. nVent Electric has set its Q3 2025 guidance at 0.860-0.880 EPS. FY 2025 guidance at 3.220-3.300 EPS. On average, equities analysts anticipate that nVent Electric will post 3.04 earnings per share for the current year.

nVent Electric Company Profile

nVent Electric plc, together with its subsidiaries, designs, manufactures, markets, installs, and services electrical connection and protection solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management.