Sara Zawoyski Sells 29,412 Shares of nVent Electric (NYSE:NVT) Stock

nVent Electric PLC (NYSE:NVT) insider Sara Zawoyski sold 29,412 shares of nVent Electric stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $172.49, for a total value of $5,073,275.88. Following the sale, the insider directly owned 97,068 shares in the company, valued at $16,743,259.32. The trade was a 23.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

nVent Electric Price Performance

Shares of NVT traded up $1.11 during mid-day trading on Thursday, reaching $174.02. The company had a trading volume of 1,376,064 shares, compared to its average volume of 2,308,988. nVent Electric PLC has a twelve month low of $63.15 and a twelve month high of $175.00. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.70 and a quick ratio of 1.21. The company’s 50-day moving average is $130.30 and its 200-day moving average is $116.37. The company has a market capitalization of $28.14 billion, a P/E ratio of 57.81, a P/E/G ratio of 1.62 and a beta of 1.32.

nVent Electric (NYSE:NVT) last announced its quarterly earnings results on Friday, May 1st. The company reported $1.09 EPS for the quarter, beating the consensus estimate of $0.94 by $0.15. nVent Electric had a return on equity of 16.82% and a net margin of 11.37%.The business 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 earned $0.67 EPS. nVent Electric’s quarterly 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 analysts anticipate that nVent Electric PLC will post 4.55 EPS for the current year.

nVent Electric Announces Dividend

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

Institutional Trading of nVent Electric

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Global Trust Asset Management LLC bought a new position in shares of nVent Electric in the third quarter valued at about $30,000. Root Financial Partners LLC bought a new stake in nVent Electric during the 3rd quarter worth about $31,000. Manchester Capital Management LLC increased its position in nVent Electric by 128.1% in the 4th quarter. Manchester Capital Management LLC now owns 308 shares of the company’s stock valued at $31,000 after acquiring an additional 173 shares in the last quarter. Cullen Frost Bankers Inc. bought a new position in shares of nVent Electric in the fourth quarter worth about $32,000. Finally, Advisory Services Network LLC bought a new position in shares of nVent Electric in the third quarter worth about $35,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on NVT shares. Roth Mkm reaffirmed a “buy” rating and issued a $185.00 target price on shares of nVent Electric in a report on Monday, May 4th. Weiss Ratings lowered shares of nVent Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Evercore reaffirmed an “outperform” rating and set a $190.00 price objective on shares of nVent Electric in a research note on Monday, May 4th. KeyCorp raised their price objective on shares of nVent Electric from $140.00 to $185.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Finally, Wolfe Research upgraded shares of nVent Electric to an “outperform” rating in a research note on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target 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.