nVent Electric PLC $NVT Shares Purchased by Night Squared LP

Night Squared LP increased its stake in shares of nVent Electric PLC (NYSE:NVT) by 20.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,191 shares of the company’s stock after purchasing an additional 11,629 shares during the period. nVent Electric accounts for about 1.9% of Night Squared LP’s holdings, making the stock its 22nd biggest position. Night Squared LP’s holdings in nVent Electric were worth $6,851,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently modified their holdings of NVT. Manchester Capital Management LLC raised its position in shares of nVent Electric by 128.1% during the 4th quarter. Manchester Capital Management LLC now owns 308 shares of the company’s stock worth $31,000 after purchasing an additional 173 shares during the last quarter. Cullen Frost Bankers Inc. acquired a new position in shares of nVent Electric during the 4th quarter worth approximately $32,000. Advisory Services Network LLC acquired a new position in shares of nVent Electric during the 3rd quarter worth approximately $35,000. Elyxium Wealth LLC acquired a new position in shares of nVent Electric during the 4th quarter worth approximately $36,000. Finally, Headlands Technologies LLC raised its position in shares of nVent Electric by 522.9% during the 2nd quarter. Headlands Technologies LLC now owns 517 shares of the company’s stock worth $38,000 after purchasing an additional 434 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

NVT has been the subject of several research reports. Citigroup lifted 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. Melius Research initiated coverage on nVent Electric in a research report on Tuesday. They set a “buy” rating and a $214.00 price objective for the company. Evercore restated an “outperform” rating and set a $190.00 price objective on shares of nVent Electric in a research report on Monday, May 4th. Wall Street Zen downgraded nVent Electric from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Finally, UBS Group restated a “buy” rating on shares of nVent Electric in a research report on Thursday, June 11th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $189.50.

nVent Electric Stock Down 0.8%

NVT stock opened at $167.57 on Wednesday. The stock has a market capitalization of $27.10 billion, a P/E ratio of 55.67, a PEG ratio of 1.60 and a beta of 1.35. 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 one year low of $68.60 and a one year high of $178.00. The company has a 50 day moving average price of $154.70 and a two-hundred day moving average price of $126.42.

nVent Electric (NYSE:NVT) last released its earnings results on Friday, May 1st. The company reported $1.09 EPS for the quarter, topping the consensus estimate of $0.94 by $0.15. The firm had revenue of $1.24 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period in the previous year, the company earned $0.67 EPS. 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. As a group, sell-side analysts expect that nVent Electric PLC will post 4.55 EPS for the current year.

nVent Electric Announces Dividend

The company also recently announced 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. This represents a $0.84 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Friday, July 24th. nVent Electric’s payout ratio is presently 27.91%.

nVent Electric announced that its board has approved a share repurchase program on Saturday, May 16th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the company to purchase up to 1.8% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Insider Transactions at nVent Electric

In other nVent Electric news, EVP Lynnette R. Heath sold 27,471 shares of nVent Electric stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $167.59, for a total value 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 approximately $6,215,745.51. The trade was a 42.55% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Randolph A. Wacker sold 4,094 shares of nVent Electric stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $165.57, for a total transaction of $677,843.58. Following the completion of the sale, the chief accounting officer directly owned 49,873 shares of the company’s stock, valued at $8,257,472.61. The trade was a 7.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 87,685 shares of company stock worth $14,961,768 in the last three months. 1.70% of the stock is currently owned by company insiders.

About nVent Electric

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.