nVent Electric (NYSE:NVT) Releases FY 2025 Earnings Guidance

nVent Electric (NYSE:NVT) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 2.980-3.080 for the period, compared to the consensus EPS estimate of 2.980. The company issued revenue guidance of $3.2 billion-$3.3 billion, compared to the consensus revenue estimate of $3.3 billion. nVent Electric also updated its Q1 2025 guidance to 0.650-0.670 EPS.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Barclays raised their target price on shares of nVent Electric from $76.00 to $88.00 and gave the company an “overweight” rating in a research note on Thursday, December 5th. Royal Bank of Canada lifted their price target on nVent Electric from $80.00 to $85.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. KeyCorp boosted their target price on shares of nVent Electric from $80.00 to $84.00 and gave the stock an “overweight” rating in a research report on Monday, October 14th. Finally, Citigroup cut their target price on nVent Electric from $91.00 to $90.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $86.17.

nVent Electric Stock Performance

NYSE NVT traded up $2.02 on Friday, hitting $67.83. 1,431,422 shares of the company traded hands, compared to its average volume of 2,227,527. nVent Electric has a 52-week low of $56.44 and a 52-week high of $86.57. The company has a market capitalization of $11.18 billion, a price-to-earnings ratio of 19.91, a P/E/G ratio of 3.02 and a beta of 1.26. The business’s 50 day moving average price is $70.89 and its 200-day moving average price is $70.36. The company has a current ratio of 1.83, a quick ratio of 1.36 and a debt-to-equity ratio of 0.68.

nVent Electric (NYSE:NVT) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.59 EPS for the quarter, hitting the consensus estimate of $0.59. nVent Electric had a net margin of 16.95% and a return on equity of 15.66%. Equities analysts expect that nVent Electric will post 2.49 earnings per share for the current year.

nVent Electric Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 7th. Investors of record on Friday, January 17th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.18%. This is a boost from nVent Electric’s previous quarterly dividend of $0.19. The ex-dividend date is Friday, January 17th. nVent Electric’s payout ratio is presently 23.46%.

Insider Activity at nVent Electric

In other nVent Electric news, CFO Sara E. Zawoyski sold 14,505 shares of the firm’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $76.76, for a total transaction of $1,113,403.80. Following the transaction, the chief financial officer now directly owns 62,215 shares of the company’s stock, valued at approximately $4,775,623.40. This trade represents a 18.91 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jerry W. Burris sold 6,558 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $80.00, for a total transaction of $524,640.00. Following the transaction, the director now owns 45,040 shares in the company, valued at approximately $3,603,200. This trade represents a 12.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.50% of the company’s stock.

About nVent Electric

nVent Electric plc, together with its subsidiaries, designs, manufactures, markets, installs, and services electrical connection and protection solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management.