nVent Electric PLC (NYSE:NVT) Given Consensus Recommendation of “Buy” by Analysts

Shares of nVent Electric PLC (NYSE:NVT) have been given a consensus recommendation of “Buy” by the nine analysts that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation, seven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $121.1429.

NVT has been the topic of a number of research analyst reports. Weiss Ratings restated a “hold (c+)” rating on shares of nVent Electric in a research note on Wednesday, October 8th. KeyCorp upped their price objective on shares of nVent Electric from $103.00 to $114.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 14th. Barclays reaffirmed an “overweight” rating and issued a $130.00 target price on shares of nVent Electric in a research note on Monday. Wall Street Zen raised shares of nVent Electric from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Finally, Royal Bank Of Canada raised their price objective on shares of nVent Electric from $117.00 to $133.00 and gave the company an “outperform” rating in a research report on Monday.

nVent Electric Stock Performance

nVent Electric stock opened at $110.91 on Monday. nVent Electric has a 1-year low of $41.71 and a 1-year high of $117.52. The company has a current ratio of 1.57, a quick ratio of 1.11 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $17.90 billion, a PE ratio of 30.55, a price-to-earnings-growth ratio of 1.49 and a beta of 1.40. The firm’s 50 day simple moving average is $99.33 and its 200 day simple moving average is $82.27.

nVent Electric (NYSE:NVT) last released its quarterly earnings results on Friday, October 31st. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. The firm had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.01 billion. nVent Electric had a net margin of 16.83% and a return on equity of 14.29%. The business’s revenue for the quarter was up 34.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.63 EPS. nVent Electric has set its Q4 2025 guidance at 0.870-0.890 EPS. FY 2025 guidance at 3.310-3.330 EPS. As a group, analysts expect that nVent Electric will post 3.04 earnings per share for the current fiscal year.

nVent Electric Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 7th. Shareholders of record on Friday, October 17th were given a dividend of $0.20 per share. The ex-dividend date was Friday, October 17th. This represents a $0.80 dividend on an annualized basis and a yield of 0.7%. nVent Electric’s dividend payout ratio (DPR) is presently 22.04%.

Insider Activity

In related news, EVP Lynnette R. Heath sold 32,943 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $113.04, for a total value of $3,723,876.72. Following the completion of the sale, the executive vice president owned 30,562 shares in the company, valued at $3,454,728.48. The trade was a 51.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Sara E. Zawoyski sold 115,557 shares of the stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $112.78, for a total transaction of $13,032,518.46. Following the transaction, the insider owned 66,680 shares in the company, valued at $7,520,170.40. The trade was a 63.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 220,365 shares of company stock valued at $23,291,204. 1.80% of the stock is owned by insiders.

Institutional Trading of nVent Electric

Hedge funds and other institutional investors have recently bought and sold shares of the stock. BCS Private Wealth Management Inc. raised its holdings in nVent Electric by 1.5% during the 3rd quarter. BCS Private Wealth Management Inc. now owns 6,631 shares of the company’s stock valued at $654,000 after buying an additional 100 shares during the last quarter. Fulton Bank N.A. grew its holdings in nVent Electric by 1.1% in the 3rd quarter. Fulton Bank N.A. now owns 10,242 shares of the company’s stock worth $1,010,000 after acquiring an additional 111 shares during the last quarter. Fifth Third Wealth Advisors LLC increased its position in shares of nVent Electric by 1.9% in the third quarter. Fifth Third Wealth Advisors LLC now owns 6,137 shares of the company’s stock valued at $605,000 after acquiring an additional 113 shares during the period. Verdence Capital Advisors LLC increased its position in shares of nVent Electric by 3.6% in the third quarter. Verdence Capital Advisors LLC now owns 3,435 shares of the company’s stock valued at $357,000 after acquiring an additional 120 shares during the period. Finally, PFG Investments LLC raised its stake in shares of nVent Electric by 2.7% during the second quarter. PFG Investments LLC now owns 5,020 shares of the company’s stock valued at $368,000 after acquiring an additional 132 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

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.