nVent Electric PLC $NVT Shares Bought by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. raised its position in nVent Electric PLC (NYSE:NVT) by 24.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,900 shares of the company’s stock after acquiring an additional 11,500 shares during the quarter. Daiwa Securities Group Inc.’s holdings in nVent Electric were worth $5,904,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of NVT. AQR Capital Management LLC grew its position in nVent Electric by 33.1% in the 1st quarter. AQR Capital Management LLC now owns 94,968 shares of the company’s stock valued at $4,841,000 after acquiring an additional 23,606 shares in the last quarter. Jones Financial Companies Lllp grew its position in shares of nVent Electric by 575.6% during the first quarter. Jones Financial Companies Lllp now owns 8,803 shares of the company’s stock worth $461,000 after buying an additional 7,500 shares in the last quarter. Geneos Wealth Management Inc. grew its position in shares of nVent Electric by 436.0% during the first quarter. Geneos Wealth Management Inc. now owns 1,072 shares of the company’s stock worth $56,000 after buying an additional 872 shares in the last quarter. Marshall Wace LLP grew its position in shares of nVent Electric by 31.8% during the second quarter. Marshall Wace LLP now owns 41,061 shares of the company’s stock worth $3,008,000 after buying an additional 9,898 shares in the last quarter. Finally, Cresset Asset Management LLC grew its position in shares of nVent Electric by 57.7% during the second quarter. Cresset Asset Management LLC now owns 8,136 shares of the company’s stock worth $596,000 after buying an additional 2,977 shares in the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

nVent Electric Price Performance

Shares of NYSE NVT opened at $162.79 on Monday. The company has a current ratio of 1.70, a quick ratio of 1.21 and a debt-to-equity ratio of 0.41. nVent Electric PLC has a twelve month low of $67.18 and a twelve month high of $178.00. The stock has a 50 day moving average of $148.16 and a two-hundred day moving average of $123.44. The stock has a market cap of $26.33 billion, a P/E ratio of 54.08, a P/E/G ratio of 1.54 and a beta of 1.35.

nVent Electric (NYSE:NVT) last issued its quarterly earnings data 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 return on equity of 16.82% and a net margin of 11.37%.The company had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.11 billion. During the same quarter in the previous year, the business earned $0.67 earnings per share. The firm’s revenue for the quarter 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, research analysts forecast that nVent Electric PLC will post 4.55 earnings per share for the current 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 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 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 currently 27.91%.

Insider Buying and Selling

In other nVent Electric news, CMO Martha Claire Bennett sold 3,778 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $170.00, for a total value of $642,260.00. Following the completion of the sale, the chief marketing officer owned 225 shares in the company, valued at approximately $38,250. The trade was a 94.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Randolph A. Wacker sold 4,094 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were 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 owned 49,873 shares of the company’s stock, valued at approximately $8,257,472.61. This represents a 7.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 87,685 shares of company stock valued at $14,961,768 in the last 90 days. Company insiders own 1.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. UBS Group boosted their price objective on nVent Electric from $164.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Wolfe Research raised nVent Electric to an “outperform” rating in a research report on Monday, February 9th. Citigroup boosted their price objective on nVent Electric from $152.00 to $187.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Evercore reissued an “outperform” rating and set a $190.00 price objective on shares of nVent Electric in a research report on Monday, May 4th. Finally, The Goldman Sachs Group boosted their price objective on nVent Electric from $150.00 to $187.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $184.20.

nVent Electric Company 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.