Saturna Capital Corp Makes New $311,000 Investment in nVent Electric PLC $NVT

Saturna Capital Corp bought a new position in nVent Electric PLC (NYSE:NVT) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,242 shares of the company’s stock, valued at approximately $311,000.

A number of other large investors have also made changes to their positions in NVT. Trust Co. of Vermont boosted its stake in nVent Electric by 57.8% in the 2nd quarter. Trust Co. of Vermont now owns 434 shares of the company’s stock worth $32,000 after purchasing an additional 159 shares during the period. True Wealth Design LLC lifted its holdings in shares of nVent Electric by 1,202.9% in the second quarter. True Wealth Design LLC now owns 443 shares of the company’s stock valued at $32,000 after purchasing an additional 409 shares in the last quarter. SVB Wealth LLC acquired a new stake in shares of nVent Electric in the first quarter worth $25,000. American National Bank & Trust purchased a new position in shares of nVent Electric during the second quarter valued at $46,000. Finally, SBI Securities Co. Ltd. raised its position in nVent Electric by 80.8% during the second quarter. SBI Securities Co. Ltd. now owns 651 shares of the company’s stock valued at $48,000 after buying an additional 291 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

Insider Transactions at nVent Electric

In related news, EVP Lynnette R. Heath sold 32,943 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $113.04, for a total transaction of $3,723,876.72. Following the completion of the transaction, the executive vice president owned 30,562 shares of the company’s stock, valued at approximately $3,454,728.48. The trade was a 51.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Randolph A. Wacker sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $110.08, for a total value of $550,400.00. Following the completion of the sale, the chief accounting officer directly owned 26,400 shares in the company, valued at $2,906,112. This trade represents a 15.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 153,500 shares of company stock worth $17,306,795. Company insiders own 1.80% of the company’s stock.

nVent Electric Stock Up 1.4%

Shares of NVT stock opened at $105.73 on Thursday. The company has a market capitalization of $17.06 billion, a price-to-earnings ratio of 29.13, a PEG ratio of 1.44 and a beta of 1.40. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.11 and a current ratio of 1.57. The stock’s 50 day simple moving average is $101.87 and its 200 day simple moving average is $85.41. nVent Electric PLC has a twelve month low of $41.71 and a twelve month high of $117.52.

nVent Electric (NYSE:NVT) last released its quarterly earnings results on Friday, October 31st. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.01 billion. nVent Electric had a net margin of 16.83% and a return on equity of 14.29%. The company’s quarterly revenue was up 34.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.63 earnings per share. nVent Electric has set its Q4 2025 guidance at 0.870-0.890 EPS. FY 2025 guidance at 3.310-3.330 EPS. As a group, research analysts predict that nVent Electric PLC will post 3.04 EPS for the current year.

nVent Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 7th. Stockholders of record on Friday, October 17th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, October 17th. nVent Electric’s dividend payout ratio (DPR) is currently 22.04%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Barclays reissued an “overweight” rating and set a $130.00 target price on shares of nVent Electric in a research note on Monday, November 3rd. The Goldman Sachs Group boosted their target price on nVent Electric from $111.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Citigroup raised their price target on nVent Electric from $114.00 to $131.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. KeyCorp boosted their price target on nVent Electric from $103.00 to $114.00 and gave the company an “overweight” rating in a research note on Tuesday, October 14th. Finally, Wall Street Zen upgraded nVent Electric from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 8th. One equities research analyst has rated the stock with a Strong Buy rating and eight have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $121.14.

nVent Electric Company Profile

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.