Blair William & Co. IL Has $362,000 Holdings in nVent Electric PLC $NVT

Blair William & Co. IL lessened its holdings in shares of nVent Electric PLC (NYSE:NVT) by 56.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,940 shares of the company’s stock after selling 6,419 shares during the period. Blair William & Co. IL’s holdings in nVent Electric were worth $362,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in NVT. Nuveen LLC acquired a new stake in shares of nVent Electric during the 1st quarter worth approximately $229,615,000. American Century Companies Inc. boosted its position in shares of nVent Electric by 1,869.8% during the 1st quarter. American Century Companies Inc. now owns 1,462,840 shares of the company’s stock worth $76,682,000 after acquiring an additional 1,388,578 shares in the last quarter. Valeo Financial Advisors LLC acquired a new stake in shares of nVent Electric during the 2nd quarter worth approximately $48,443,000. Fiduciary Management Inc. WI boosted its position in shares of nVent Electric by 38.1% during the 1st quarter. Fiduciary Management Inc. WI now owns 2,120,222 shares of the company’s stock worth $111,142,000 after acquiring an additional 585,449 shares in the last quarter. Finally, Champlain Investment Partners LLC boosted its position in shares of nVent Electric by 40.1% during the 1st quarter. Champlain Investment Partners LLC now owns 1,783,105 shares of the company’s stock worth $93,470,000 after acquiring an additional 510,535 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Insider Buying and Selling at nVent Electric

In other nVent Electric news, EVP Jon D. Lammers sold 119,694 shares of nVent Electric stock in a transaction on Monday, August 4th. The shares were sold at an average price of $89.48, for a total value of $10,710,219.12. Following the completion of the sale, the executive vice president directly owned 70,817 shares of the company’s stock, valued at approximately $6,336,705.16. The trade was a 62.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Herbert K. Parker sold 20,597 shares of nVent Electric stock in a transaction on Monday, August 4th. The shares were sold at an average price of $89.88, for a total transaction of $1,851,258.36. Following the completion of the sale, the director directly owned 15,070 shares of the company’s stock, valued at approximately $1,354,491.60. This trade represents a 57.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 261,111 shares of company stock valued at $23,367,520 over the last three months. 1.80% of the stock is currently owned by corporate insiders.

nVent Electric Price Performance

Shares of NYSE NVT opened at $99.34 on Friday. nVent Electric PLC has a twelve month low of $41.71 and a twelve month high of $102.31. The firm has a fifty day simple moving average of $94.52 and a 200 day simple moving average of $76.17. The company has a market capitalization of $15.99 billion, a PE ratio of 28.30, a P/E/G ratio of 1.49 and a beta of 1.38. The company has a quick ratio of 1.20, a current ratio of 1.67 and a debt-to-equity ratio of 0.50.

nVent Electric (NYSE:NVT) last announced its earnings results on Friday, August 1st. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.07. nVent Electric had a net margin of 17.72% and a return on equity of 13.36%. The business had revenue of $963.10 million during the quarter, compared to the consensus estimate of $906.96 million. During the same quarter last year, the firm earned $0.82 earnings per share. nVent Electric’s quarterly revenue was up 30.1% on a year-over-year basis. nVent Electric has set its Q3 2025 guidance at 0.860-0.880 EPS. FY 2025 guidance at 3.220-3.300 EPS. On average, sell-side analysts forecast that nVent Electric PLC will post 3.04 EPS for the current year.

nVent Electric Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 7th. Investors of record on Friday, October 17th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Friday, October 17th. nVent Electric’s dividend payout ratio (DPR) is currently 22.79%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of nVent Electric in a research report on Wednesday, October 8th. KeyCorp increased their price objective on shares of nVent Electric from $103.00 to $114.00 and gave the company an “overweight” rating in a research note on Tuesday. Citigroup reissued a “buy” rating on shares of nVent Electric in a research note on Thursday, October 9th. Wall Street Zen raised shares of nVent Electric from a “hold” rating to a “buy” rating in a research note on Saturday, July 12th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $102.00 price objective (up previously from $85.00) on shares of nVent Electric in a research note on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $99.71.

About nVent Electric

nVent Electric plc, together with its subsidiaries, designs, manufactures, markets, installs, and services electrical connection and protection solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management.