nVent Electric (NYSE:NVT) Releases Earnings Results, Beats Estimates By $0.03 EPS

nVent Electric (NYSE:NVT) released its quarterly earnings data on Friday. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.88 by $0.03, Zacks reports. The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.01 billion. nVent Electric had a net margin of 17.72% and a return on equity of 13.36%. The business’s revenue was up 34.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.63 EPS. nVent Electric updated its Q4 2025 guidance to 0.870-0.890 EPS and its FY 2025 guidance to 3.310-3.330 EPS.

nVent Electric Stock Up 9.6%

nVent Electric stock opened at $114.37 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.67 and a quick ratio of 1.20. nVent Electric has a 1-year low of $41.71 and a 1-year high of $117.52. The stock has a market cap of $18.41 billion, a PE ratio of 31.51, a P/E/G ratio of 1.70 and a beta of 1.38. The stock’s fifty day moving average is $97.31 and its two-hundred day moving average is $80.34.

nVent Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 7th. Investors of record on Friday, October 17th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Friday, October 17th. nVent Electric’s dividend payout ratio is 22.79%.

Insider Buying and Selling

In related news, CEO Beth Wozniak sold 42,331 shares of the business’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $89.21, for a total value of $3,776,348.51. Following the transaction, the chief executive officer owned 49,196 shares in the company, valued at $4,388,775.16. The trade was a 46.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Herbert K. Parker sold 20,597 shares of the stock in a transaction on Monday, August 4th. The stock was sold at an average price of $89.88, for a total value of $1,851,258.36. Following the completion of the transaction, the director owned 15,070 shares of the company’s stock, valued at $1,354,491.60. The trade was a 57.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 261,111 shares of company stock valued at $23,367,520 over the last ninety days. Company insiders own 1.80% of the company’s stock.

Institutional Trading of nVent Electric

A number of hedge funds have recently added to or reduced their stakes in NVT. Merewether Investment Management LP purchased a new position in shares of nVent Electric in the 2nd quarter valued at $78,222,000. Bank of America Corp DE grew its position in nVent Electric by 93.4% in the second quarter. Bank of America Corp DE now owns 998,452 shares of the company’s stock valued at $73,137,000 after acquiring an additional 482,083 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of nVent Electric by 222.5% during the second quarter. AQR Capital Management LLC now owns 306,272 shares of the company’s stock valued at $22,321,000 after purchasing an additional 211,304 shares during the period. Sei Investments Co. boosted its stake in shares of nVent Electric by 111.1% in the second quarter. Sei Investments Co. now owns 312,568 shares of the company’s stock valued at $22,896,000 after purchasing an additional 164,480 shares during the period. Finally, BNP Paribas Financial Markets grew its holdings in nVent Electric by 465.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 189,982 shares of the company’s stock valued at $13,916,000 after purchasing an additional 156,372 shares in the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

NVT has been the subject of a number of recent research reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of nVent Electric in a report on Wednesday, October 8th. Roth Capital reiterated a “buy” rating and issued a $100.00 target price (up from $89.00) on shares of nVent Electric in a report on Monday, August 4th. KeyCorp raised their price target on nVent Electric from $103.00 to $114.00 and gave the stock an “overweight” rating in a report on Tuesday, October 14th. Royal Bank Of Canada restated an “outperform” rating and issued a $102.00 price objective (up from $85.00) on shares of nVent Electric in a research note on Monday, August 4th. Finally, Citigroup restated a “buy” rating on shares of nVent Electric in a research note on Thursday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, nVent Electric has a consensus rating of “Buy” and an average price target of $99.71.

About nVent Electric

nVent Electric plc, together with its subsidiaries, designs, manufactures, markets, installs, and services electrical connection and protection solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management.