51,393 Shares in nVent Electric PLC $NVT Bought by Hsbc Holdings PLC

Hsbc Holdings PLC purchased a new position in shares of nVent Electric PLC (NYSE:NVT) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 51,393 shares of the company’s stock, valued at approximately $5,298,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NVT. AQR Capital Management LLC boosted its holdings in shares of nVent Electric by 33.1% in the first quarter. AQR Capital Management LLC now owns 94,968 shares of the company’s stock valued at $4,841,000 after acquiring an additional 23,606 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in nVent Electric by 575.6% during the first quarter. Jones Financial Companies Lllp now owns 8,803 shares of the company’s stock worth $461,000 after purchasing an additional 7,500 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in nVent Electric by 436.0% during the first quarter. Geneos Wealth Management Inc. now owns 1,072 shares of the company’s stock worth $56,000 after purchasing an additional 872 shares in the last quarter. Marshall Wace LLP lifted its position in nVent Electric by 31.8% in the second quarter. Marshall Wace LLP now owns 41,061 shares of the company’s stock valued at $3,008,000 after purchasing an additional 9,898 shares during the period. Finally, Cresset Asset Management LLC lifted its position in nVent Electric by 57.7% in the second quarter. Cresset Asset Management LLC now owns 8,136 shares of the company’s stock valued at $596,000 after purchasing an additional 2,977 shares during the period. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

nVent Electric Stock Performance

NYSE NVT opened at $158.05 on Friday. nVent Electric PLC has a 1-year low of $68.90 and a 1-year high of $184.64. The company has a market capitalization of $25.56 billion, a P/E ratio of 52.51, a PEG ratio of 1.46 and a beta of 1.36. The business has a 50 day moving average price of $165.45 and a 200 day moving average price of $133.62. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.70 and a quick ratio of 1.21.

nVent Electric (NYSE:NVT) last issued its quarterly earnings data on Friday, May 1st. The company reported $1.09 earnings per share (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 return on equity of 16.82% and a net margin of 11.37%.nVent Electric’s revenue was up 53.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.67 earnings per share. 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. Sell-side analysts expect that nVent Electric PLC will post 4.56 EPS for the current fiscal year.

nVent Electric declared that its Board of Directors has authorized a share buyback program on Saturday, May 16th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the company to purchase up to 1.8% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board of directors believes its stock is undervalued.

nVent Electric Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Friday, July 24th will be paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, July 24th. nVent Electric’s payout ratio is 27.91%.

Insiders Place Their Bets

In other nVent Electric news, CMO Martha Claire Bennett sold 3,778 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $170.00, for a total transaction of $642,260.00. Following the completion of the transaction, the chief marketing officer directly owned 225 shares in the company, valued at approximately $38,250. This trade represents a 94.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Sara E. Zawoyski sold 29,412 shares of nVent Electric stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $172.49, for a total transaction of $5,073,275.88. Following the transaction, the insider owned 97,068 shares of the company’s stock, valued at approximately $16,743,259.32. The trade was a 23.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 87,685 shares of company stock worth $14,961,768. 1.70% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have weighed in on NVT. Wolfe Research reaffirmed an “outperform” rating and issued a $191.00 price objective on shares of nVent Electric in a report on Thursday. Melius Research began coverage on nVent Electric in a research note on Tuesday, June 16th. They set a “buy” rating and a $214.00 target price for the company. Barclays raised their price target on nVent Electric from $150.00 to $190.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Royal Bank Of Canada upped their price objective on nVent Electric from $151.00 to $180.00 and gave the stock an “outperform” rating in a report on Monday, May 4th. Finally, Wall Street Zen upgraded nVent Electric from a “buy” rating to a “strong-buy” rating in a research report on Sunday, June 21st. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $189.77.

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.