Key Points
- EVP Lynnette Heath sold 27,471 shares on May 6 at an average price of $167.59 for about $4.60M, trimming her stake by 42.55% to 37,089 shares (worth roughly $6.22M).
- Q1 beat and strong guidance: nVent reported $1.09 EPS vs. $0.94 expected and $1.24B revenue (up 53.5% YoY), and issued Q2 EPS guidance of 1.120–1.150 and FY2026 guidance of 4.450–4.550.
- Analyst sentiment is largely positive with a consensus price target of $184.20 and multiple upgrades, while the stock trades near its 52‑week high ($174.50) and a market cap of about $27B.
nVent Electric PLC (NYSE:NVT - Get Free Report) EVP Lynnette Heath sold 27,471 shares of the company's stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $167.59, for a total transaction of $4,603,864.89. Following the completion of the sale, the executive vice president directly owned 37,089 shares of the company's stock, valued at $6,215,745.51. The trade was a 42.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
nVent Electric Price Performance
NYSE NVT opened at $166.87 on Friday. The company has a market cap of $26.99 billion, a PE ratio of 55.44, a P/E/G ratio of 1.63 and a beta of 1.32. The firm's 50 day moving average price is $126.20 and its 200-day moving average price is $114.33. 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 52-week low of $60.46 and a 52-week high of $174.50.
nVent Electric (NYSE:NVT - Get Free Report) last issued its quarterly earnings data on Friday, May 1st. The company reported $1.09 EPS for the quarter, topping analysts' consensus estimates of $0.94 by $0.15. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.11 billion. nVent Electric had a net margin of 11.37% and a return on equity of 16.82%. nVent Electric's revenue for the quarter was up 53.5% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. Sell-side 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, May 8th. Stockholders of record on Friday, April 24th will be given 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 is Friday, April 24th. nVent Electric's payout ratio is presently 27.91%.
Institutional Investors Weigh In On nVent Electric
A number of large investors have recently bought and sold shares of NVT. Norges Bank acquired a new stake in nVent Electric during the 4th quarter valued at approximately $245,955,000. Price T Rowe Associates Inc. MD raised its holdings in shares of nVent Electric by 361.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,577,555 shares of the company's stock worth $262,835,000 after purchasing an additional 2,019,483 shares during the last quarter. Holocene Advisors LP purchased a new position in shares of nVent Electric during the third quarter worth $151,265,000. Balyasny Asset Management L.P. lifted its position in nVent Electric by 3,467.1% during the third quarter. Balyasny Asset Management L.P. now owns 1,326,100 shares of the company's stock valued at $130,807,000 after purchasing an additional 1,288,924 shares during the period. Finally, Merewether Investment Management LP acquired a new position in nVent Electric during the second quarter valued at $78,222,000. Hedge funds and other institutional investors own 90.05% of the company's stock.
Analysts Set New Price Targets
NVT has been the subject of a number of recent research reports. Citigroup boosted their target price on shares of nVent Electric from $152.00 to $187.00 and gave the stock a "buy" rating in a report on Tuesday. Glj Research started coverage on shares of nVent Electric in a report on Thursday, March 5th. They issued a "buy" rating and a $151.00 price target on the stock. Royal Bank Of Canada lifted their price objective on shares of nVent Electric from $151.00 to $180.00 and gave the stock an "outperform" rating in a research report on Monday. Zacks Research raised nVent Electric from a "hold" rating to a "strong-buy" rating in a research report on Monday. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $187.00 price target on shares of nVent Electric in a research note on Monday. One research 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, the stock currently has a consensus rating of "Buy" and a consensus price target of $184.20.
View Our Latest Analysis on nVent Electric
About nVent Electric
(
Get Free Report)
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.
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