Crossmark Global Holdings Inc. Has $7.83 Million Stake in nVent Electric PLC $NVT

Crossmark Global Holdings Inc. grew its holdings in nVent Electric PLC (NYSE:NVT) by 543.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 76,749 shares of the company’s stock after acquiring an additional 64,827 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in nVent Electric were worth $7,826,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

NVT has been the subject of several recent analyst reports. Evercore restated an “outperform” rating and issued a $190.00 price target on shares of nVent Electric in a report on Monday, May 4th. The Goldman Sachs Group increased their price target on nVent Electric from $150.00 to $187.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Roth Mkm restated a “buy” rating and issued a $185.00 price target on shares of nVent Electric in a report on Monday, May 4th. Barclays increased their price target on nVent Electric from $150.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Finally, Royal Bank Of Canada increased their price target on nVent Electric from $151.00 to $180.00 and gave the stock an “outperform” rating in a report on Monday, May 4th. One investment 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, nVent Electric presently has an average rating of “Buy” and a consensus price target of $184.20.

Insider Buying and Selling at nVent Electric

In other nVent Electric news, Director Susan M. Cameron sold 5,000 shares of the firm’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $114.52, for a total transaction of $572,600.00. Following the transaction, the director owned 13,405 shares in the company, valued at $1,535,140.60. This trade represents a 27.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Beth Wozniak sold 7,597 shares of the firm’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $116.47, for a total value of $884,822.59. Following the transaction, the chief executive officer owned 52,990 shares in the company, valued at approximately $6,171,745.30. This trade represents a 12.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 51,150 shares of company stock worth $7,929,747 in the last 90 days. Company insiders own 1.70% of the company’s stock.

nVent Electric Stock Performance

NVT opened at $169.79 on Friday. nVent Electric PLC has a 12-month low of $60.63 and a 12-month high of $174.50. The stock has a market cap of $27.46 billion, a price-to-earnings ratio of 56.41, a PEG ratio of 1.61 and a beta of 1.32. The business has a 50 day moving average of $126.20 and a 200-day moving average of $114.33. The company has a quick ratio of 1.21, a current ratio of 1.70 and a debt-to-equity ratio of 0.41.

nVent Electric (NYSE:NVT) last released its quarterly earnings data 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. 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 period last 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, equities research analysts expect that nVent Electric PLC will post 4.55 earnings per share for the current year.

nVent Electric Dividend Announcement

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

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.