nVent Electric PLC $NVT Stock Position Boosted by Clark Capital Management Group Inc.

Clark Capital Management Group Inc. grew its stake in shares of nVent Electric PLC (NYSE:NVT) by 2.4% during the third quarter, Holdings Channel reports. The institutional investor owned 1,830,406 shares of the company’s stock after acquiring an additional 43,502 shares during the period. nVent Electric makes up about 1.1% of Clark Capital Management Group Inc.’s holdings, making the stock its 13th largest position. Clark Capital Management Group Inc.’s holdings in nVent Electric were worth $180,551,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Global Trust Asset Management LLC bought a new position in shares of nVent Electric in the third quarter valued at approximately $30,000. Root Financial Partners LLC bought a new stake in nVent Electric during the third quarter worth approximately $31,000. Manchester Capital Management LLC raised its holdings in nVent Electric by 222.2% during the second quarter. Manchester Capital Management LLC now owns 435 shares of the company’s stock worth $32,000 after purchasing an additional 300 shares in the last quarter. Headlands Technologies LLC lifted 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 purchasing an additional 434 shares during the period. Finally, First Horizon Corp acquired a new stake in nVent Electric in the third quarter worth approximately $41,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

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

nVent Electric Price Performance

Shares of NYSE:NVT opened at $109.86 on Friday. The company has a market capitalization of $17.77 billion, a PE ratio of 25.55, a price-to-earnings-growth ratio of 1.14 and a beta of 1.31. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.16 and a current ratio of 1.63. The stock has a fifty day moving average of $112.29 and a 200-day moving average of $105.23. nVent Electric PLC has a one year low of $41.71 and a one year high of $122.92.

nVent Electric (NYSE:NVT) last issued its earnings results on Friday, February 6th. The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.01. The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1 billion. nVent Electric had a return on equity of 15.18% and a net margin of 18.25%.The company’s quarterly revenue was up 41.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.59 EPS. 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, equities analysts anticipate that nVent Electric PLC will post 3.04 EPS for the current fiscal year.

nVent Electric Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts have recently issued reports on NVT shares. Weiss Ratings upgraded nVent Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. UBS Group restated a “buy” rating and issued a $135.00 price objective on shares of nVent Electric in a report on Friday. Barclays raised their target price on nVent Electric from $140.00 to $141.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Glj Research assumed coverage on nVent Electric in a report on Thursday, March 5th. They set a “buy” rating and a $151.00 target price on the stock. Finally, KeyCorp boosted their price target on shares of nVent Electric from $125.00 to $130.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Eleven analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, nVent Electric currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.78.

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.