nVent Electric (NYSE:NVT – Get Free Report) had its price objective raised by equities research analysts at Roth Mkm from $130.00 to $135.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Roth Mkm’s price target would suggest a potential upside of 10.29% from the stock’s previous close.
Other analysts have also recently issued reports about the company. Weiss Ratings upgraded nVent Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, March 11th. UBS Group restated a “buy” rating and set a $135.00 price objective on shares of nVent Electric in a research note on Friday, March 13th. Citigroup increased their target price on nVent Electric from $131.00 to $133.00 and gave the stock a “buy” rating in a research report on Monday, February 9th. Wall Street Zen downgraded shares of nVent Electric from a “strong-buy” rating to a “buy” rating in a report on Monday, February 23rd. Finally, Barclays upped their price target on shares of nVent Electric from $140.00 to $141.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Ten research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, nVent Electric has an average rating of “Moderate Buy” and a consensus target price of $138.50.
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nVent Electric Stock Performance
nVent Electric (NYSE:NVT – Get Free Report) last announced 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 18.25% and a return on equity of 15.18%. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1 billion. During the same quarter in the prior year, the firm earned $0.59 EPS. The company’s revenue for the quarter was up 41.9% compared to the same quarter last year. 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. Sell-side analysts predict that nVent Electric will post 3.04 EPS for the current fiscal year.
Insider Activity
In related news, Director Jerry W. Burris sold 5,244 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $112.27, for a total transaction of $588,743.88. Following the completion of the sale, the director directly owned 46,371 shares of the company’s stock, valued at $5,206,072.17. This represents a 10.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Susan M. Cameron sold 5,000 shares of the business’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $114.52, for a total value of $572,600.00. Following the sale, the director directly owned 13,405 shares in the company, valued at $1,535,140.60. This trade represents a 27.17% 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 worth $2,046,166 over the last three months. Corporate insiders own 2.50% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the business. Hsbc Holdings PLC acquired a new position in nVent Electric during the 4th quarter valued at $5,298,000. World Investment Advisors lifted its holdings in shares of nVent Electric by 8.6% during the fourth quarter. World Investment Advisors now owns 4,687 shares of the company’s stock valued at $478,000 after acquiring an additional 371 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in nVent Electric in the fourth quarter valued at about $45,000. Pacer Advisors Inc. grew its position in nVent Electric by 32.4% during the 4th quarter. Pacer Advisors Inc. now owns 40,416 shares of the company’s stock worth $4,121,000 after acquiring an additional 9,881 shares during the last quarter. Finally, Birchwood Financial Partners Inc. acquired a new stake in shares of nVent Electric in the fourth quarter valued at $40,000. 90.05% of the stock is owned by institutional investors.
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.
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