nVent Electric (NYSE:NVT) Shares Gap Down – Time to Sell?

nVent Electric PLC (NYSE:NVT)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $113.87, but opened at $107.52. nVent Electric shares last traded at $107.9770, with a volume of 802,784 shares.

Wall Street Analyst Weigh In

Several equities analysts have commented on NVT shares. Wall Street Zen upgraded shares of nVent Electric from a “buy” rating to a “strong-buy” rating in a research report on Sunday, January 18th. Citigroup raised their price objective on nVent Electric from $114.00 to $131.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Roth Mkm restated a “buy” rating and set a $130.00 price target (up previously from $115.00) on shares of nVent Electric in a research note on Monday, November 3rd. KeyCorp increased their price target on shares of nVent Electric from $103.00 to $114.00 and gave the stock an “overweight” rating in a report on Tuesday, October 14th. Finally, Barclays boosted their target price on shares of nVent Electric from $130.00 to $140.00 and gave the company an “overweight” rating in a research report on Thursday, December 4th. Nine investment analysts have rated the stock with a Buy rating, According to MarketBeat, nVent Electric has an average rating of “Buy” and an average target price of $123.63.

nVent Electric Stock Performance

The firm has a 50-day simple moving average of $107.31 and a 200 day simple moving average of $99.99. The company has a market cap of $18.04 billion, a price-to-earnings ratio of 30.88, a price-to-earnings-growth ratio of 1.25 and a beta of 1.33. The company has a quick ratio of 1.11, a current ratio of 1.57 and a debt-to-equity ratio of 0.44.

nVent Electric (NYSE:NVT) last posted its quarterly earnings data on Friday, February 6th. The company reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.01. nVent Electric had a net margin of 16.83% and a return on equity of 14.29%. The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1 billion. During the same period last year, the firm posted $0.59 EPS. nVent Electric’s quarterly revenue was up 41.9% on a year-over-year basis. nVent Electric has set its Q1 2026 guidance at 0.900-0.930 EPS and its FY 2026 guidance at 4.000-4.150 EPS. On average, sell-side analysts predict that nVent Electric PLC will post 3.04 earnings per share for the current fiscal year.

nVent Electric Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 6th. Stockholders of record on Friday, January 23rd will be given a dividend of $0.21 per share. This is an increase from nVent Electric’s previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, January 23rd. nVent Electric’s payout ratio is currently 23.14%.

Insider Buying and Selling

In other news, CEO Beth Wozniak sold 4,137 shares of the company’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $110.35, for a total transaction of $456,517.95. Following the completion of the transaction, the chief executive officer owned 47,984 shares of the company’s stock, valued at approximately $5,295,034.40. This represents a 7.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Greg Scheu sold 5,591 shares of the company’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $104.04, for a total value of $581,687.64. Following the completion of the transaction, the director owned 14,348 shares of the company’s stock, valued at $1,492,765.92. The trade was a 28.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On nVent Electric

Several large investors have recently modified their holdings of NVT. Norges Bank acquired a new stake in shares of nVent Electric in the 2nd quarter valued at $234,290,000. Massachusetts Financial Services Co. MA boosted its stake in nVent Electric by 146.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 3,195,543 shares of the company’s stock valued at $234,074,000 after acquiring an additional 1,896,749 shares during the last quarter. William Blair Investment Management LLC increased its holdings in nVent Electric by 29.5% during the 2nd quarter. William Blair Investment Management LLC now owns 3,113,936 shares of the company’s stock worth $228,096,000 after acquiring an additional 709,464 shares during the period. Champlain Investment Partners LLC increased its position in shares of nVent Electric by 26.8% in the second quarter. Champlain Investment Partners LLC now owns 2,260,240 shares of the company’s stock worth $165,563,000 after purchasing an additional 477,135 shares during the last quarter. Finally, Clark Capital Management Group Inc. lifted its stake in nVent Electric by 2.4% in the third quarter. Clark Capital Management Group Inc. now owns 1,830,406 shares of the company’s stock worth $180,551,000 after purchasing an additional 43,502 shares during the last quarter. 90.05% of the stock is owned by institutional investors.

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.