nVent Electric PLC $NVT Stock Holdings Cut by Robeco Schweiz AG

Robeco Schweiz AG cut its holdings in shares of nVent Electric PLC (NYSE:NVT) by 3.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,399,162 shares of the company’s stock after selling 50,859 shares during the quarter. nVent Electric makes up approximately 4.1% of Robeco Schweiz AG’s portfolio, making the stock its 2nd largest holding. Robeco Schweiz AG owned 0.86% of nVent Electric worth $224,384,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in NVT. Signaturefd LLC lifted its stake in shares of nVent Electric by 15.3% during the 3rd quarter. Signaturefd LLC now owns 3,017 shares of the company’s stock valued at $484,000 after buying an additional 401 shares in the last quarter. Evergreen Capital Management LLC boosted its holdings in nVent Electric by 1.5% in the 3rd quarter. Evergreen Capital Management LLC now owns 6,993 shares of the company’s stock worth $1,121,000 after buying an additional 106 shares during the period. Wedbush Securities Inc. boosted its holdings in nVent Electric by 76.1% in the 3rd quarter. Wedbush Securities Inc. now owns 2,374 shares of the company’s stock worth $381,000 after buying an additional 1,026 shares during the period. Inspire Investing LLC bought a new position in nVent Electric in the 3rd quarter worth approximately $2,623,000. Finally, MBL Wealth LLC grew its stake in nVent Electric by 26.6% in the 3rd quarter. MBL Wealth LLC now owns 2,017 shares of the company’s stock valued at $323,000 after buying an additional 424 shares in the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at nVent Electric

In other news, insider Der Kolk Robert J. Van sold 5,858 shares of the business’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $164.32, for a total transaction of $962,586.56. Following the completion of the transaction, the insider owned 27,387 shares of the company’s stock, valued at approximately $4,500,231.84. The trade was a 17.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Beth Wozniak sold 46,261 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $164.42, for a total transaction of $7,606,233.62. Following the completion of the transaction, the chief executive officer owned 55,612 shares in the company, valued at approximately $9,143,725.04. This trade represents a 45.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 74,644 shares of company stock valued at $12,276,886 in the last 90 days. Corporate insiders own 1.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on NVT. The Goldman Sachs Group reissued a “buy” rating and set a $200.00 target price on shares of nVent Electric in a report on Saturday, August 1st. Weiss Ratings lowered nVent Electric from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday. Evercore reaffirmed an “outperform” rating and issued a $210.00 price target on shares of nVent Electric in a report on Monday, August 3rd. Clear Str upgraded nVent Electric to a “strong-buy” rating in a research report on Monday, July 13th. Finally, Zacks Research downgraded nVent Electric from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 2nd. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $198.82.

nVent Electric Trading Down 1.8%

Shares of NVT stock opened at $125.42 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.33 and a current ratio of 1.80. nVent Electric PLC has a 52-week low of $93.22 and a 52-week high of $184.64. The company has a market capitalization of $20.30 billion, a PE ratio of 34.27, a price-to-earnings-growth ratio of 0.68 and a beta of 1.35. The business’s fifty day moving average is $155.70 and its 200 day moving average is $156.88.

nVent Electric (NYSE:NVT) last posted its quarterly earnings data on Friday, July 31st. The company reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.29. nVent Electric had a return on equity of 18.85% and a net margin of 12.38%. The company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.26 billion. During the same quarter last year, the company earned $0.86 earnings per share. The firm’s quarterly revenue was up 52.8% on a year-over-year basis. nVent Electric has set its Q3 2026 guidance at 1.350-1.380 EPS and its FY 2026 guidance at 5.000-5.100 EPS. On average, equities research analysts anticipate that nVent Electric PLC will post 5.16 EPS for the current fiscal year.

nVent Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 6th. Shareholders of record on Friday, October 23rd will be issued a $0.21 dividend. The ex-dividend date of this dividend is Friday, October 23rd. This represents a $0.84 annualized dividend and a dividend yield of 0.7%. nVent Electric’s dividend payout ratio (DPR) is presently 22.95%.

About nVent Electric

nVent Electric plc is a global provider of electrical connection, protection and management solutions. The company designs and manufactures products that help protect electrical and electronic systems, manage heat, and support the installation and operation of critical infrastructure.

Its products include electrical and electronic enclosures, industrial cooling and thermal-management systems, cable management and fastening solutions, grounding and bonding equipment, busway and power-distribution products, and related connection technologies.