nVent Electric (NYSE:NVT) CEO Beth Wozniak Sells 7,597 Shares of Stock

nVent Electric PLC (NYSE:NVT) CEO Beth Wozniak sold 7,597 shares of the business’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $116.47, for a total transaction of $884,822.59. Following the sale, the chief executive officer owned 52,990 shares of the company’s stock, valued at approximately $6,171,745.30. This represents a 12.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Beth Wozniak also recently made the following trade(s):

• On Thursday, November 20th, Beth Wozniak sold 4,137 shares of nVent Electric stock. The stock was sold at an average price of $110.35, for a total value of $456,517.95.

nVent Electric Stock Down 0.8%

nVent Electric stock opened at $111.80 on Friday. The stock has a market cap of $18.04 billion, a PE ratio of 26.00, a price-to-earnings-growth ratio of 1.17 and a beta of 1.33. 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 $107.96 and a 200 day moving average of $101.26. nVent Electric PLC has a one year low of $41.71 and a one year high of $120.85.

nVent Electric (NYSE:NVT) last released its quarterly earnings results on Friday, February 6th. The company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.89 by $0.01. nVent Electric had a net margin of 18.25% and a return on equity of 15.18%. The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1 billion. The business’s revenue for the quarter was up 41.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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, sell-side analysts predict that nVent Electric PLC will post 3.04 EPS for the current year.

nVent Electric Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 6th. Shareholders of record on Friday, January 23rd were issued a dividend of $0.21 per share. This is a boost from nVent Electric’s previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Friday, January 23rd. nVent Electric’s dividend payout ratio is presently 19.53%.

Hedge Funds Weigh In On nVent Electric

Several institutional investors have recently bought and sold shares of the business. Global Trust Asset Management LLC bought a new stake in shares of nVent Electric in the 3rd quarter worth about $30,000. Manchester Capital Management LLC raised its position in nVent Electric by 128.1% during the fourth quarter. Manchester Capital Management LLC now owns 308 shares of the company’s stock valued at $31,000 after purchasing an additional 173 shares during the period. Root Financial Partners LLC bought a new stake in shares of nVent Electric in the 3rd quarter valued at approximately $31,000. Cullen Frost Bankers Inc. purchased a new position in shares of nVent Electric in the 4th quarter worth approximately $32,000. Finally, Elyxium Wealth LLC bought a new position in shares of nVent Electric during the 4th quarter valued at approximately $36,000. Institutional investors own 90.05% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on NVT shares. UBS Group started coverage on shares of nVent Electric in a report on Thursday, November 20th. They issued a “buy” rating and a $128.00 target price for the company. Roth Mkm reaffirmed a “buy” rating and issued a $130.00 target price (up previously from $115.00) on shares of nVent Electric in a report on Monday, November 3rd. Zacks Research cut nVent Electric from a “strong-buy” rating to a “hold” rating in a report on Friday, February 6th. Weiss Ratings restated a “buy (b-)” rating on shares of nVent Electric in a research report on Monday, December 29th. Finally, KeyCorp increased their target price on nVent Electric from $125.00 to $130.00 and gave the stock an “overweight” rating in a research report on Monday. Ten research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $126.25.

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.