Cinctive Capital Management LP Has $6.65 Million Position in nVent Electric PLC $NVT

Cinctive Capital Management LP lifted its position in shares of nVent Electric PLC (NYSE:NVT) by 109.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 67,366 shares of the company’s stock after acquiring an additional 35,141 shares during the period. Cinctive Capital Management LP’s holdings in nVent Electric were worth $6,645,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in NVT. Norges Bank bought a new position in nVent Electric in the second quarter valued at approximately $234,290,000. Massachusetts Financial Services Co. MA lifted its stake in nVent Electric by 146.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 3,195,543 shares of the company’s stock worth $234,074,000 after purchasing an additional 1,896,749 shares during the last quarter. Champlain Investment Partners LLC boosted its holdings in shares of nVent Electric by 26.8% in the 2nd quarter. Champlain Investment Partners LLC now owns 2,260,240 shares of the company’s stock valued at $165,563,000 after purchasing an additional 477,135 shares in the last quarter. Clark Capital Management Group Inc. boosted its holdings in shares of nVent Electric by 2.4% in the 3rd quarter. Clark Capital Management Group Inc. now owns 1,830,406 shares of the company’s stock valued at $180,551,000 after purchasing an additional 43,502 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of nVent Electric by 1.9% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,715,006 shares of the company’s stock valued at $169,168,000 after purchasing an additional 32,128 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

nVent Electric Trading Up 1.8%

NYSE NVT opened at $109.86 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.63 and a debt-to-equity ratio of 0.41. nVent Electric PLC has a twelve month low of $41.71 and a twelve month high of $122.92. The company has a market cap of $17.77 billion, a price-to-earnings ratio of 25.55, a price-to-earnings-growth ratio of 1.14 and a beta of 1.31. The business’s fifty day moving average is $112.29 and its 200 day moving average is $105.23.

nVent Electric (NYSE:NVT) last issued its earnings results on Friday, February 6th. The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.01. The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1 billion. nVent Electric had a return on equity of 15.18% and a net margin of 18.25%.The business’s revenue for the quarter was up 41.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.59 EPS. 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. As a group, sell-side analysts expect that nVent Electric PLC will post 3.04 EPS for the current fiscal year.

nVent Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 24th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Friday, April 24th. This represents a $0.84 annualized dividend and a dividend yield of 0.8%. nVent Electric’s dividend payout ratio is currently 19.53%.

Insider Activity

In related news, Director Susan M. Cameron sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $114.52, for a total value of $572,600.00. Following the completion of the transaction, the director owned 13,405 shares in the company, valued at $1,535,140.60. This trade represents a 27.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Beth Wozniak sold 7,597 shares of nVent Electric stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $116.47, for a total transaction of $884,822.59. Following the sale, the chief executive officer owned 52,990 shares in the company, valued at approximately $6,171,745.30. This represents a 12.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 17,841 shares of company stock valued at $2,046,166 over the last quarter. 1.80% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have recently commented on NVT shares. Barclays boosted their price target on nVent Electric from $140.00 to $141.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. UBS Group reaffirmed a “buy” rating and issued a $135.00 price objective on shares of nVent Electric in a research note on Friday. KeyCorp lifted their target price on nVent Electric from $125.00 to $130.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Royal Bank Of Canada boosted their target price on nVent Electric from $136.00 to $138.00 and gave the stock an “outperform” rating in a research note on Monday, February 9th. Finally, Citigroup raised their price target on shares of nVent Electric from $131.00 to $133.00 and gave the company a “buy” rating in a research note on Monday, February 9th. Eleven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $129.78.

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.