Sara Zawoyski Sells 29,412 Shares of nVent Electric (NYSE:NVT) Stock

nVent Electric PLC (NYSE:NVT) insider Sara Zawoyski sold 29,412 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $172.49, for a total transaction of $5,073,275.88. Following the completion of the sale, the insider owned 97,068 shares of the company’s stock, valued at $16,743,259.32. This represents a 23.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

nVent Electric Stock Up 0.6%

Shares of NYSE NVT traded up $1.11 during mid-day trading on Thursday, reaching $174.02. 1,376,064 shares of the company traded hands, compared to its average volume of 2,308,988. nVent Electric PLC has a fifty-two week low of $63.15 and a fifty-two week high of $175.00. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.21 and a current ratio of 1.70. The company’s fifty day moving average is $130.30 and its two-hundred day moving average is $116.37. The stock has a market cap of $28.14 billion, a PE ratio of 57.81, a price-to-earnings-growth ratio of 1.62 and a beta of 1.32.

nVent Electric (NYSE:NVT) last released its quarterly earnings results on Friday, May 1st. The company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.15. The company had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.11 billion. nVent Electric had a net margin of 11.37% and a return on equity of 16.82%. The company’s quarterly revenue was up 53.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.67 earnings per share. nVent Electric has set its Q2 2026 guidance at 1.120-1.150 EPS and its FY 2026 guidance at 4.450-4.550 EPS. On average, analysts expect that nVent Electric PLC will post 4.55 earnings per share for the current year.

nVent Electric Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 8th. Shareholders of record on Friday, April 24th were issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Friday, April 24th. nVent Electric’s dividend payout ratio is 27.91%.

Analyst Ratings Changes

NVT has been the topic of a number of research reports. Evercore reaffirmed an “outperform” rating and set a $190.00 target price on shares of nVent Electric in a research report on Monday, May 4th. The Goldman Sachs Group raised their price target on shares of nVent Electric from $150.00 to $187.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Wolfe Research upgraded shares of nVent Electric to an “outperform” rating in a report on Monday, February 9th. UBS Group upped their price objective on shares of nVent Electric from $164.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Finally, Citigroup increased their target price on shares of nVent Electric from $152.00 to $187.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, nVent Electric has a consensus rating of “Buy” and a consensus target price of $184.20.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Global Trust Asset Management LLC bought a new stake in nVent Electric in the 3rd quarter valued at $30,000. Root Financial Partners LLC bought a new position in shares of nVent Electric during the 3rd quarter worth about $31,000. Manchester Capital Management LLC lifted its holdings in shares of nVent Electric by 128.1% during the 4th quarter. Manchester Capital Management LLC now owns 308 shares of the company’s stock worth $31,000 after acquiring an additional 173 shares during the period. Cullen Frost Bankers Inc. acquired a new stake in shares of nVent Electric during the 4th quarter valued at about $32,000. Finally, Advisory Services Network LLC acquired a new stake in shares of nVent Electric during the 3rd quarter valued at about $35,000. 90.05% of the stock is owned by institutional investors.

nVent Electric Company 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.