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

nVent Electric PLC (NYSE:NVT) has been given a consensus rating of “Moderate Buy” by the twelve ratings firms that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $129.00.

Several research analysts have weighed in on the company. Glj Research began coverage on nVent Electric in a research note on Thursday, March 5th. They issued a “buy” rating and a $151.00 price target for the company. Wolfe Research raised shares of nVent Electric to an “outperform” rating in a report on Monday, February 9th. Citigroup raised their target price on shares of nVent Electric from $131.00 to $133.00 and gave the company a “buy” rating in a research note on Monday, February 9th. Barclays lifted their price target on shares of nVent Electric from $140.00 to $141.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Finally, Zacks Research cut shares of nVent Electric from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 6th.

nVent Electric Price Performance

NYSE:NVT opened at $108.12 on Friday. The business’s 50-day simple moving average is $112.23 and its two-hundred day simple moving average is $104.99. nVent Electric has a 52 week low of $41.71 and a 52 week high of $122.92. The stock has a market cap of $17.49 billion, a PE ratio of 25.14, a P/E/G ratio of 1.16 and a beta of 1.31. The company has a quick ratio of 1.16, a current ratio of 1.63 and a debt-to-equity ratio of 0.41.

nVent Electric (NYSE:NVT) last released its quarterly earnings data on Friday, February 6th. The company reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.01. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1 billion. nVent Electric had a return on equity of 15.18% and a net margin of 18.25%.The business’s quarterly revenue was up 41.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.59 earnings per share. nVent Electric has set its Q1 2026 guidance at 0.900-0.930 EPS and its FY 2026 guidance at 4.000-4.150 EPS. As a group, analysts forecast that nVent Electric will post 3.04 EPS for the current fiscal year.

nVent Electric Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 24th will be given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, April 24th. nVent Electric’s payout ratio is currently 19.53%.

Insider Activity at nVent Electric

In other nVent Electric news, Director Susan M. Cameron sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $114.52, for a total transaction of $572,600.00. Following the completion of the transaction, the director owned 13,405 shares in the company, valued at $1,535,140.60. This trade represents a 27.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Beth Wozniak sold 7,597 shares of nVent Electric stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $116.47, for a total value of $884,822.59. Following the completion of the sale, the chief executive officer directly owned 52,990 shares in the company, valued at approximately $6,171,745.30. The trade was a 12.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 17,841 shares of company stock valued at $2,046,166. Insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On nVent Electric

Hedge funds have recently bought and sold shares of the business. AQR Capital Management LLC increased its holdings in shares of nVent Electric by 33.1% in the 1st quarter. AQR Capital Management LLC now owns 94,968 shares of the company’s stock worth $4,841,000 after buying an additional 23,606 shares during the last quarter. Jones Financial Companies Lllp grew its position in nVent Electric by 575.6% in the first quarter. Jones Financial Companies Lllp now owns 8,803 shares of the company’s stock worth $461,000 after acquiring an additional 7,500 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in nVent Electric by 436.0% during the first quarter. Geneos Wealth Management Inc. now owns 1,072 shares of the company’s stock worth $56,000 after acquiring an additional 872 shares during the last quarter. Assetmark Inc. raised its position in nVent Electric by 61.7% during the second quarter. Assetmark Inc. now owns 920 shares of the company’s stock valued at $67,000 after purchasing an additional 351 shares during the period. Finally, Huntington National Bank raised its position in nVent Electric by 57.0% during the second quarter. Huntington National Bank now owns 683 shares of the company’s stock valued at $50,000 after purchasing an additional 248 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

About nVent Electric

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.