Trillium Asset Management LLC Sells 86,931 Shares of nVent Electric PLC $NVT

Trillium Asset Management LLC decreased its position in shares of nVent Electric PLC (NYSE:NVT) by 37.0% during the 4th quarter, Holdings Channel reports. The fund owned 148,306 shares of the company’s stock after selling 86,931 shares during the quarter. Trillium Asset Management LLC’s holdings in nVent Electric were worth $15,357,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Manchester Capital Management LLC boosted its stake in nVent Electric by 128.1% during the 4th quarter. Manchester Capital Management LLC now owns 308 shares of the company’s stock worth $31,000 after acquiring an additional 173 shares during the last quarter. Cullen Frost Bankers Inc. bought a new position in nVent Electric during the 4th quarter worth approximately $32,000. Advisory Services Network LLC bought a new position in nVent Electric during the 3rd quarter worth approximately $35,000. Elyxium Wealth LLC bought a new position in nVent Electric during the 4th quarter worth approximately $36,000. Finally, 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 acquiring an additional 434 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

nVent Electric Stock Performance

Shares of NVT opened at $166.13 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.21 and a current ratio of 1.70. nVent Electric PLC has a twelve month low of $67.79 and a twelve month high of $178.00. The firm’s 50 day moving average price is $152.70 and its two-hundred day moving average price is $125.39. The firm has a market cap of $26.87 billion, a P/E ratio of 55.19, a PEG ratio of 1.56 and a beta of 1.35.

nVent Electric (NYSE:NVT) last announced its quarterly earnings results on Friday, May 1st. The company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.15. nVent Electric had a net margin of 11.37% and a return on equity of 16.82%. The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same quarter in the previous year, the firm posted $0.67 earnings per share. The business’s revenue was up 53.5% on a year-over-year basis. 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, analysts forecast that nVent Electric PLC will post 4.55 EPS for the current fiscal year.

nVent Electric Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Friday, July 24th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Friday, July 24th. This represents a $0.84 dividend on an annualized basis and a yield of 0.5%. nVent Electric’s payout ratio is presently 27.91%.

nVent Electric announced that its Board of Directors has approved a share buyback program on Saturday, May 16th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the company to reacquire up to 1.8% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Evercore reissued an “outperform” rating and set a $190.00 price objective on shares of nVent Electric in a research note on Monday, May 4th. Wall Street Zen lowered shares of nVent Electric from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Sanford C. Bernstein set a $218.00 price target on shares of nVent Electric and gave the company an “outperform” rating in a research note on Tuesday. Citigroup lifted their price target on shares of nVent Electric from $152.00 to $187.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Finally, Royal Bank Of Canada lifted their price target on shares of nVent Electric from $151.00 to $180.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, nVent Electric currently has an average rating of “Buy” and an average price target of $187.27.

Insiders Place Their Bets

In other news, CMO Martha Claire Bennett sold 3,778 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $170.00, for a total value of $642,260.00. Following the sale, the chief marketing officer owned 225 shares of the company’s stock, valued at $38,250. The trade was a 94.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Aravind Padmanabhan sold 15,942 shares of the business’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $174.00, for a total transaction of $2,773,908.00. Following the completion of the sale, the executive vice president directly owned 23,243 shares in the company, valued at approximately $4,044,282. This represents a 40.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 87,685 shares of company stock valued at $14,961,768 over the last 90 days. 1.70% of the stock is currently owned by company insiders.

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.