Ameritas Advisory Services LLC Boosts Position in nVent Electric PLC $NVT

Ameritas Advisory Services LLC lifted its position in nVent Electric PLC (NYSE:NVT) by 6,178.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 5,023 shares of the company’s stock after acquiring an additional 4,943 shares during the quarter. Ameritas Advisory Services LLC’s holdings in nVent Electric were worth $512,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Global Trust Asset Management LLC purchased a new stake in nVent Electric in the 3rd quarter worth $30,000. Root Financial Partners LLC acquired a new stake in nVent Electric during the 3rd quarter worth $31,000. Advisory Services Network LLC acquired a new stake in nVent Electric during the 3rd quarter worth $35,000. Headlands Technologies LLC boosted its stake in nVent Electric by 522.9% during the 2nd quarter. Headlands Technologies LLC now owns 517 shares of the company’s stock worth $38,000 after purchasing an additional 434 shares during the last quarter. Finally, Torren Management LLC acquired a new stake in nVent Electric during the 4th quarter worth $40,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

nVent Electric Stock Down 2.8%

NVT stock opened at $169.10 on Friday. The company’s 50 day moving average price is $132.66 and its 200 day moving average price is $117.24. 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 firm has a market capitalization of $27.35 billion, a price-to-earnings ratio of 56.18, a PEG ratio of 1.60 and a beta of 1.32. nVent Electric PLC has a fifty-two week low of $63.15 and a fifty-two week high of $175.00.

nVent Electric (NYSE:NVT) last announced its quarterly earnings results on Friday, May 1st. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.15. The firm had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.11 billion. nVent Electric had a return on equity of 16.82% and a net margin of 11.37%.The firm’s quarterly revenue was up 53.5% compared to the same quarter last year. During the same period in the prior year, the company 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, equities research analysts anticipate that nVent Electric PLC will post 4.55 EPS for the current fiscal year.

nVent Electric announced that its Board of Directors has authorized a stock buyback program on Saturday, May 16th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the company to repurchase up to 1.8% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board of directors believes its shares are undervalued.

nVent Electric Dividend Announcement

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

Insiders Place Their Bets

In other news, CAO Randolph A. Wacker sold 4,094 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $165.57, for a total value of $677,843.58. Following the completion of the sale, the chief accounting officer directly owned 49,873 shares of the company’s stock, valued at approximately $8,257,472.61. This represents a 7.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Lynnette R. Heath sold 27,471 shares of the stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $167.59, for a total value of $4,603,864.89. Following the sale, the executive vice president directly owned 37,089 shares of the company’s stock, valued at approximately $6,215,745.51. This represents a 42.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 87,685 shares of company stock valued at $14,961,768. 1.70% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on NVT. Royal Bank Of Canada lifted their target price on shares of nVent Electric from $151.00 to $180.00 and gave the stock an “outperform” rating in a research note on Monday, May 4th. Evercore restated an “outperform” rating and issued a $190.00 price objective on shares of nVent Electric in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $187.00 price objective on shares of nVent Electric in a report on Monday, May 4th. Zacks Research upgraded shares of nVent Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. Finally, Glj Research started coverage on shares of nVent Electric in a research note on Thursday, March 5th. They set a “buy” rating and a $151.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, nVent Electric currently has an average rating of “Buy” and a consensus target price of $184.20.

nVent Electric 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.