Clean Energy Transition LLP Lowers Holdings in nVent Electric PLC $NVT

Clean Energy Transition LLP reduced its holdings in shares of nVent Electric PLC (NYSE:NVT) by 30.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,350,357 shares of the company’s stock after selling 601,549 shares during the quarter. nVent Electric accounts for about 9.8% of Clean Energy Transition LLP’s investment portfolio, making the stock its 3rd largest holding. Clean Energy Transition LLP’s holdings in nVent Electric were worth $133,199,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Global Trust Asset Management LLC bought a new stake in nVent Electric during the 3rd quarter valued at $30,000. Root Financial Partners LLC purchased a new position in shares of nVent Electric in the third quarter valued at $31,000. True Wealth Design LLC raised its stake in shares of nVent Electric by 1,202.9% during the 2nd quarter. True Wealth Design LLC now owns 443 shares of the company’s stock valued at $32,000 after purchasing an additional 409 shares during the period. Manchester Capital Management LLC lifted its holdings in nVent Electric by 222.2% during the 2nd quarter. Manchester Capital Management LLC now owns 435 shares of the company’s stock worth $32,000 after purchasing an additional 300 shares in the last quarter. Finally, Headlands Technologies LLC lifted its holdings in 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 in the last quarter. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Susan M. Cameron sold 5,000 shares of the stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $114.52, for a total transaction of $572,600.00. Following the transaction, the director directly owned 13,405 shares in the company, valued at approximately $1,535,140.60. This represents a 27.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jerry W. Burris sold 5,244 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $112.27, for a total value of $588,743.88. Following the completion of the sale, the director owned 46,371 shares of the company’s stock, valued at $5,206,072.17. The trade was a 10.16% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 17,841 shares of company stock valued at $2,046,166 over the last 90 days. Insiders own 1.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on NVT. Wolfe Research raised nVent Electric to an “outperform” rating in a report on Monday, February 9th. UBS Group assumed coverage on shares of nVent Electric in a report on Thursday, November 20th. They set a “buy” rating and a $128.00 target price on the stock. Weiss Ratings cut shares of nVent Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. Barclays boosted their price target on shares of nVent Electric from $140.00 to $141.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Finally, The Goldman Sachs Group upped their price target on shares of nVent Electric from $111.00 to $140.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Nine analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $126.25.

nVent Electric Price Performance

NVT stock opened at $118.33 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.63 and a quick ratio of 1.16. nVent Electric PLC has a one year low of $41.71 and a one year high of $122.92. The stock has a market cap of $19.14 billion, a PE ratio of 27.52, a P/E/G ratio of 1.23 and a beta of 1.33. The firm has a 50 day simple moving average of $110.84 and a two-hundred day simple moving average of $103.72.

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 the consensus estimate of $0.89 by $0.01. nVent Electric had a net margin of 18.25% and a return on equity of 15.18%. The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same quarter last year, the company posted $0.59 EPS. The business’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, analysts predict that nVent Electric PLC will post 3.04 EPS for the current fiscal year.

nVent Electric Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 24th will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, April 24th. This represents a $0.84 annualized dividend and a yield of 0.7%. nVent Electric’s payout ratio is 19.53%.

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.