Night Squared LP Takes Position in nVent Electric PLC $NVT

Night Squared LP bought a new position in shares of nVent Electric PLC (NYSE:NVT) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 88,466 shares of the company’s stock, valued at approximately $6,480,000. nVent Electric accounts for about 2.9% of Night Squared LP’s portfolio, making the stock its 10th largest position. Night Squared LP owned approximately 0.05% of nVent Electric as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of NVT. Ariel Investments LLC grew its position in shares of nVent Electric by 17.2% during the 2nd quarter. Ariel Investments LLC now owns 934,041 shares of the company’s stock valued at $68,419,000 after purchasing an additional 137,376 shares in the last quarter. BCS Private Wealth Management Inc. bought a new stake in nVent Electric during the second quarter valued at $478,000. iSAM Funds UK Ltd boosted its stake in nVent Electric by 105.4% during the second quarter. iSAM Funds UK Ltd now owns 22,799 shares of the company’s stock valued at $1,670,000 after buying an additional 11,697 shares during the period. 2Xideas AG purchased a new position in nVent Electric during the second quarter worth about $4,410,000. Finally, Daiwa Securities Group Inc. increased its stake in nVent Electric by 36.7% in the 2nd quarter. Daiwa Securities Group Inc. now owns 10,800 shares of the company’s stock worth $791,000 after acquiring an additional 2,900 shares during the last quarter. 90.05% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on NVT. Barclays lifted their price target on nVent Electric from $130.00 to $140.00 and gave the company an “overweight” rating in a research report on Thursday, December 4th. The Goldman Sachs Group lifted their target price on shares of nVent Electric from $111.00 to $140.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Roth Capital reissued a “buy” rating and issued a $130.00 price target (up previously from $115.00) on shares of nVent Electric in a report on Monday, November 3rd. Wall Street Zen upgraded shares of nVent Electric from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 8th. Finally, UBS Group initiated coverage on shares of nVent Electric in a research report on Thursday, November 20th. They issued a “buy” rating and a $128.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $123.25.

nVent Electric Trading Up 0.3%

Shares of NVT opened at $107.45 on Wednesday. nVent Electric PLC has a fifty-two week low of $41.71 and a fifty-two week high of $117.52. The firm has a market cap of $17.34 billion, a price-to-earnings ratio of 29.60, a PEG ratio of 1.48 and a beta of 1.32. The firm has a 50 day moving average price of $104.20 and a 200-day moving average price of $89.61. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.11 and a current ratio of 1.57.

nVent Electric (NYSE:NVT) last issued its earnings results on Friday, October 31st. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.03. The company had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.01 billion. nVent Electric had a net margin of 16.83% and a return on equity of 14.29%. The firm’s revenue was up 34.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.63 EPS. nVent Electric has set its Q4 2025 guidance at 0.870-0.890 EPS and its FY 2025 guidance at 3.310-3.330 EPS. As a group, equities research analysts forecast that nVent Electric PLC will post 3.04 earnings per share for the current year.

nVent Electric Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 7th. Investors of record on Friday, October 17th were issued a dividend of $0.20 per share. The ex-dividend date was Friday, October 17th. This represents a $0.80 annualized dividend and a yield of 0.7%. nVent Electric’s dividend payout ratio is currently 22.04%.

Insider Activity at nVent Electric

In related news, Director Greg Scheu sold 5,591 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $104.04, for a total transaction of $581,687.64. Following the transaction, the director directly owned 14,348 shares in the company, valued at $1,492,765.92. This trade represents a 28.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Sara E. Zawoyski sold 115,557 shares of the business’s stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $112.78, for a total value of $13,032,518.46. Following the completion of the sale, the insider owned 66,680 shares of the company’s stock, valued at $7,520,170.40. The trade was a 63.41% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 163,228 shares of company stock worth $18,345,001 over the last three months. Corporate insiders own 2.50% of the company’s stock.

nVent Electric 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.