nVent Electric (NYSE:NVT – Get Free Report) updated its second quarter 2026 earnings guidance on Friday. The company provided EPS guidance of 1.120-1.150 for the period, compared to the consensus EPS estimate of 1.060. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. nVent Electric also updated its FY 2026 guidance to 4.450-4.550 EPS.
nVent Electric Price Performance
NVT opened at $143.39 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 has a 12 month low of $55.63 and a 12 month high of $145.31. The company has a fifty day simple moving average of $123.02 and a 200 day simple moving average of $112.68. The stock has a market cap of $23.19 billion, a P/E ratio of 33.35, a P/E/G ratio of 1.43 and a beta of 1.28.
nVent Electric (NYSE:NVT – Get Free Report) last posted its earnings results on Saturday, February 7th. The company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.01. nVent Electric had a return on equity of 15.18% and a net margin of 18.25%.The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1 billion. During the same period in the previous year, the company posted $0.59 earnings per share. The company’s revenue for the quarter was up 41.9% on a year-over-year basis. On average, research analysts expect that nVent Electric will post 4.15 EPS for the current year.
nVent Electric Dividend Announcement
Analyst Upgrades and Downgrades
Several analysts have commented on NVT shares. Evercore initiated coverage on shares of nVent Electric in a report on Monday, April 13th. They set an “outperform” rating and a $160.00 target price on the stock. Weiss Ratings raised nVent Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, March 11th. KeyCorp boosted their target price on nVent Electric from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Citigroup lifted their price objective on shares of nVent Electric from $133.00 to $152.00 and gave the company a “buy” rating in a report on Monday, April 13th. Finally, Barclays raised their target price on shares of nVent Electric from $141.00 to $150.00 and gave the company an “overweight” rating in a research report on Wednesday, April 1st. Eleven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $144.00.
Get Our Latest Analysis on nVent Electric
Insider Buying and Selling at nVent Electric
In other nVent Electric news, Director Jerry W. Burris sold 5,244 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $112.27, for a total value of $588,743.88. Following the completion of the transaction, the director directly owned 46,371 shares in the company, valued at $5,206,072.17. This trade 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 through this link. Also, Director Susan M. Cameron sold 5,000 shares of the business’s stock in a transaction that occurred 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 transaction, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 17,841 shares of company stock worth $2,046,166 over the last ninety days. 1.70% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. Price T Rowe Associates Inc. MD raised its holdings in shares of nVent Electric by 361.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,577,555 shares of the company’s stock valued at $262,835,000 after purchasing an additional 2,019,483 shares during the period. Balyasny Asset Management L.P. raised its stake in nVent Electric by 3,467.1% in the third quarter. Balyasny Asset Management L.P. now owns 1,326,100 shares of the company’s stock valued at $130,807,000 after buying an additional 1,288,924 shares during the period. Merewether Investment Management LP acquired a new stake in shares of nVent Electric in the second quarter valued at approximately $78,222,000. Deutsche Bank AG lifted its position in shares of nVent Electric by 55.5% in the fourth quarter. Deutsche Bank AG now owns 1,430,142 shares of the company’s stock valued at $145,832,000 after buying an additional 510,296 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of nVent Electric by 93.4% during the 2nd quarter. Bank of America Corp DE now owns 998,452 shares of the company’s stock worth $73,137,000 after acquiring an additional 482,083 shares during the period. 90.05% of the stock is currently owned by institutional investors and hedge funds.
About nVent Electric
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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