nVent Electric PLC $NVT Stock: Nisa Investment Advisors LLC Reduces Position

Nisa Investment Advisors LLC lowered its stake in shares of nVent Electric PLC (NYSE:NVT) by 36.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,821 shares of the company’s stock after selling 11,189 shares during the period. Nisa Investment Advisors LLC’s holdings in nVent Electric were worth $3,179,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in NVT. NorthRock Partners LLC grew its position in shares of nVent Electric by 1.0% in the second quarter. NorthRock Partners LLC now owns 6,602 shares of the company’s stock valued at $1,120,000 after purchasing an additional 66 shares in the last quarter. Sowell Financial Services LLC raised its stake in shares of nVent Electric by 1.7% during the 2nd quarter. Sowell Financial Services LLC now owns 4,012 shares of the company’s stock valued at $680,000 after purchasing an additional 67 shares during the period. AlTi Global Inc. lifted its holdings in nVent Electric by 1.8% during the 1st quarter. AlTi Global Inc. now owns 4,081 shares of the company’s stock worth $483,000 after purchasing an additional 74 shares in the last quarter. Meeder Advisory Services Inc. lifted its holdings in nVent Electric by 0.9% during the 1st quarter. Meeder Advisory Services Inc. now owns 8,260 shares of the company’s stock worth $977,000 after purchasing an additional 77 shares in the last quarter. Finally, CX Institutional lifted its holdings in nVent Electric by 2.7% during the 3rd quarter. CX Institutional now owns 3,442 shares of the company’s stock worth $552,000 after purchasing an additional 89 shares in the last quarter. 90.05% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages have commented on NVT. UBS Group restated a “buy” rating on shares of nVent Electric in a research note on Tuesday, August 25th. Wall Street Zen cut nVent Electric from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 17th. Seaport Research Partners reiterated a “neutral” rating and set a $225.00 price target on shares of nVent Electric in a research report on Monday, October 12th. Robert W. Baird increased their price target on shares of nVent Electric from $188.00 to $200.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Finally, Wells Fargo & Company assumed coverage on shares of nVent Electric in a research report on Thursday, September 24th. They issued an “equal weight” rating and a $182.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $198.82.

nVent Electric Stock Down 1.8%

Shares of NYSE NVT opened at $125.42 on Friday. nVent Electric PLC has a 12 month low of $93.22 and a 12 month high of $184.64. The company has a current ratio of 1.80, a quick ratio of 1.33 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $20.30 billion, a price-to-earnings ratio of 34.27, a PEG ratio of 0.68 and a beta of 1.35. The business has a 50-day moving average of $155.70 and a 200-day moving average of $156.88.

nVent Electric (NYSE:NVT) last posted its quarterly earnings data on Friday, July 31st. The company reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.29. The company had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.26 billion. nVent Electric had a net margin of 12.38% and a return on equity of 18.85%. nVent Electric’s revenue for the quarter was up 52.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.86 earnings per share. nVent Electric has set its Q3 2026 guidance at 1.350-1.380 EPS and its FY 2026 guidance at 5.000-5.100 EPS. Sell-side analysts expect that nVent Electric PLC will post 5.16 earnings per share for the current fiscal year.

nVent Electric Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 6th. Shareholders of record on Friday, October 23rd will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Friday, October 23rd. nVent Electric’s payout ratio is currently 22.95%.

Insiders Place Their Bets

In other news, CEO Beth Wozniak sold 46,261 shares of the firm’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $164.42, for a total transaction of $7,606,233.62. Following the sale, the chief executive officer owned 55,612 shares in the company, valued at approximately $9,143,725.04. This trade represents a 45.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Randolph A. Wacker sold 22,525 shares of the firm’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $164.62, for a total transaction of $3,708,065.50. Following the sale, the chief accounting officer owned 27,441 shares in the company, valued at approximately $4,517,337.42. This trade represents a 45.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 74,644 shares of company stock valued at $12,276,886 in the last quarter. Corporate insiders own 1.70% of the company’s stock.

nVent Electric Profile

nVent Electric plc is a global provider of electrical connection, protection and management solutions. The company designs and manufactures products that help protect electrical and electronic systems, manage heat, and support the installation and operation of critical infrastructure.

Its products include electrical and electronic enclosures, industrial cooling and thermal-management systems, cable management and fastening solutions, grounding and bonding equipment, busway and power-distribution products, and related connection technologies.