Lighthouse Investment Partners LLC Grows Position in nVent Electric PLC $NVT

Lighthouse Investment Partners LLC increased its position in shares of nVent Electric PLC (NYSE:NVTFree Report) by 13.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 44,027 shares of the company’s stock after buying an additional 5,178 shares during the period. Lighthouse Investment Partners LLC’s holdings in nVent Electric were worth $4,343,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Continuum Advisory LLC acquired a new stake in nVent Electric in the third quarter valued at approximately $1,630,000. Nordea Investment Management AB raised its stake in shares of nVent Electric by 10.0% during the 3rd quarter. Nordea Investment Management AB now owns 129,655 shares of the company’s stock worth $12,671,000 after buying an additional 11,804 shares during the period. Pacer Advisors Inc. raised its stake in shares of nVent Electric by 51.0% during the 3rd quarter. Pacer Advisors Inc. now owns 30,535 shares of the company’s stock worth $3,012,000 after buying an additional 10,307 shares during the period. Robeco Institutional Asset Management B.V. lifted its position in shares of nVent Electric by 173.8% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 52,856 shares of the company’s stock valued at $5,214,000 after buying an additional 33,549 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its stake in nVent Electric by 12.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 189,480 shares of the company’s stock valued at $13,880,000 after acquiring an additional 20,917 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

nVent Electric Trading Up 4.0%

Shares of NVT opened at $114.38 on Tuesday. nVent Electric PLC has a 52-week low of $41.71 and a 52-week high of $122.92. The company has a quick ratio of 1.16, a current ratio of 1.63 and a debt-to-equity ratio of 0.41. The firm’s fifty day moving average is $112.45 and its two-hundred day moving average is $105.48. The stock has a market cap of $18.50 billion, a PE ratio of 26.60, a price-to-earnings-growth ratio of 1.14 and a beta of 1.31.

nVent Electric (NYSE:NVTGet Free Report) last issued its earnings results on Friday, February 6th. The company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.01. The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1 billion. nVent Electric had a net margin of 18.25% and a return on equity of 15.18%. The company’s quarterly revenue was up 41.9% compared to the same quarter last year. During the same period in the prior year, the business earned $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. Research analysts forecast that nVent Electric PLC will post 3.04 earnings per share for the current fiscal year.

nVent Electric Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 24th will be issued a $0.21 dividend. The ex-dividend date is Friday, April 24th. This represents a $0.84 dividend on an annualized basis and a yield of 0.7%. nVent Electric’s dividend payout ratio is presently 19.53%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on NVT. Royal Bank Of Canada boosted their price target on shares of nVent Electric from $136.00 to $138.00 and gave the stock an “outperform” rating in a report on Monday, February 9th. Glj Research assumed coverage on shares of nVent Electric in a research report on Thursday, March 5th. They issued a “buy” rating and a $151.00 target price on the stock. Weiss Ratings raised shares of nVent Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, March 11th. Barclays upped their price target on shares of nVent Electric from $140.00 to $141.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Finally, Wall Street Zen cut nVent Electric from a “strong-buy” rating to a “buy” rating in a report on Monday, February 23rd. Ten analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, nVent Electric has a consensus rating of “Moderate Buy” and an average price target of $137.25.

View Our Latest Report on nVent Electric

Insider Buying and Selling 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 shares were sold at an average price of $114.52, for a total value of $572,600.00. Following the transaction, the director directly owned 13,405 shares of the company’s stock, valued at $1,535,140.60. This trade represents a 27.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Beth Wozniak sold 7,597 shares of the business’s 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 transaction, the chief executive officer owned 52,990 shares in the company, valued at approximately $6,171,745.30. This represents a 12.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 17,841 shares of company stock worth $2,046,166. Insiders own 2.50% of the company’s stock.

nVent Electric Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for nVent Electric (NYSE:NVT)

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