Trillium Asset Management LLC Has $17.46 Million Stock Position in nVent Electric PLC $NVT

Trillium Asset Management LLC lowered its holdings in shares of nVent Electric PLC (NYSE:NVT) by 1.7% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 238,296 shares of the company’s stock after selling 4,209 shares during the period. Trillium Asset Management LLC owned about 0.15% of nVent Electric worth $17,455,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. XTX Topco Ltd raised its holdings in shares of nVent Electric by 192.2% during the 1st quarter. XTX Topco Ltd now owns 12,284 shares of the company’s stock worth $644,000 after buying an additional 8,080 shares in the last quarter. Hsbc Holdings PLC grew its position in nVent Electric by 32.4% during the 1st quarter. Hsbc Holdings PLC now owns 50,670 shares of the company’s stock worth $2,623,000 after acquiring an additional 12,386 shares during the last quarter. Nordea Investment Management AB grew its position in nVent Electric by 3.9% during the 2nd quarter. Nordea Investment Management AB now owns 117,851 shares of the company’s stock worth $8,613,000 after acquiring an additional 4,427 shares during the last quarter. Strs Ohio bought a new stake in nVent Electric during the 1st quarter worth $5,294,000. Finally, Pallas Capital Advisors LLC bought a new stake in nVent Electric during the 2nd quarter worth $322,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Insider Activity at nVent Electric

In related news, EVP Aravind Padmanabhan sold 24,534 shares of the company’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $90.00, for a total transaction of $2,208,060.00. Following the sale, the executive vice president owned 12,063 shares in the company, valued at $1,085,670. This represents a 67.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Beth Wozniak sold 42,331 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $89.21, for a total value of $3,776,348.51. Following the transaction, the chief executive officer directly owned 49,196 shares in the company, valued at approximately $4,388,775.16. This trade represents a 46.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 69,865 shares of company stock worth $6,251,679 in the last 90 days. Corporate insiders own 2.50% of the company’s stock.

nVent Electric Trading Down 2.5%

NYSE NVT opened at $109.51 on Wednesday. The business’s 50-day moving average price is $98.15 and its two-hundred day moving average price is $81.42. nVent Electric PLC has a 12 month low of $41.71 and a 12 month high of $117.52. The firm has a market capitalization of $17.67 billion, a PE ratio of 30.17, a price-to-earnings-growth ratio of 1.65 and a beta of 1.40. The company has a current ratio of 1.57, a quick ratio of 1.11 and a debt-to-equity ratio of 0.44.

nVent Electric (NYSE:NVT) last announced its earnings results on Friday, October 31st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.88 by $0.03. nVent Electric had a return on equity of 14.29% and a net margin of 16.83%.The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the prior year, the company earned $0.63 EPS. The firm’s revenue for the quarter was up 34.8% compared to the same quarter last year. nVent Electric has set its Q4 2025 guidance at 0.870-0.890 EPS. FY 2025 guidance at 3.310-3.330 EPS. On average, analysts expect that nVent Electric PLC will post 3.04 EPS for the current year.

nVent Electric Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 7th. Investors of record on Friday, October 17th will be given a dividend of $0.20 per share. The ex-dividend date is Friday, October 17th. This represents a $0.80 annualized dividend and a dividend yield of 0.7%. nVent Electric’s dividend payout ratio is presently 22.04%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. KeyCorp boosted their price objective on nVent Electric from $103.00 to $114.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 14th. Weiss Ratings restated a “hold (c+)” rating on shares of nVent Electric in a research report on Wednesday, October 8th. Barclays restated an “overweight” rating and set a $130.00 price objective on shares of nVent Electric in a research report on Monday. Wall Street Zen upgraded nVent Electric from a “hold” rating to a “buy” rating in a research report on Saturday, July 12th. Finally, Roth Capital reiterated a “buy” rating and issued a $130.00 price target (up previously from $115.00) on shares of nVent Electric in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, nVent Electric currently has an average rating of “Buy” and an average target price of $121.14.

nVent Electric Profile

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.