Jefferies Financial Group Inc. Sells 79,750 Shares of nVent Electric PLC $NVT

Jefferies Financial Group Inc. trimmed its stake in shares of nVent Electric PLC (NYSE:NVT) by 76.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,650 shares of the company’s stock after selling 79,750 shares during the period. Jefferies Financial Group Inc.’s holdings in nVent Electric were worth $2,431,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Global Trust Asset Management LLC bought a new position in nVent Electric during the 3rd quarter worth about $30,000. Root Financial Partners LLC acquired a new stake in shares of nVent Electric in the 3rd quarter valued at about $31,000. Manchester Capital Management LLC lifted its holdings in shares of nVent Electric by 222.2% in the second quarter. Manchester Capital Management LLC now owns 435 shares of the company’s stock valued at $32,000 after purchasing an additional 300 shares in the last quarter. Headlands Technologies LLC lifted its holdings in shares of nVent Electric by 522.9% in the second quarter. Headlands Technologies LLC now owns 517 shares of the company’s stock valued at $38,000 after purchasing an additional 434 shares in the last quarter. Finally, First Horizon Corp acquired a new position in shares of nVent Electric during the third quarter worth about $41,000. 90.05% of the stock is owned by institutional investors.

nVent Electric Stock Up 0.9%

nVent Electric stock opened at $109.09 on Wednesday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.63 and a quick ratio of 1.16. The company’s 50-day moving average is $111.93 and its 200-day moving average is $104.93. The firm has a market capitalization of $17.64 billion, a PE ratio of 25.37, a P/E/G ratio of 1.12 and a beta of 1.31. nVent Electric PLC has a fifty-two week low of $41.71 and a fifty-two week 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, beating analysts’ consensus estimates of $0.89 by $0.01. The company had revenue of $1.07 billion for 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%. nVent Electric’s quarterly revenue was up 41.9% compared to the same quarter last year. During the same period 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. Sell-side analysts anticipate that nVent Electric PLC will post 3.04 earnings per share for the current year.

nVent Electric Dividend Announcement

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

Analyst Ratings Changes

A number of research firms recently issued reports on NVT. UBS Group started coverage on nVent Electric in a report on Thursday, November 20th. They set a “buy” rating and a $128.00 price objective for the company. Wall Street Zen cut nVent Electric from a “strong-buy” rating to a “buy” rating in a research note on Monday, February 23rd. Weiss Ratings downgraded nVent Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, February 24th. Zacks Research downgraded shares of nVent Electric from a “strong-buy” rating to a “hold” rating in a report on Friday, February 6th. Finally, Glj Research began coverage on shares of nVent Electric in a report on Thursday, March 5th. They issued a “buy” rating and a $151.00 price objective on the stock. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.00.

Insider Activity at nVent Electric

In other nVent Electric news, Director Jerry W. Burris sold 5,244 shares of nVent Electric stock in a transaction on Friday, February 6th. The shares were sold at an average price of $112.27, for a total transaction of $588,743.88. Following the completion of the transaction, the director directly owned 46,371 shares of the company’s stock, valued at $5,206,072.17. The trade was a 10.16% decrease in their ownership of the stock. 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 company’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 completion of 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 have sold 17,841 shares of company stock worth $2,046,166. Company insiders own 2.50% 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.