WINTON GROUP Ltd Acquires New Stake in nVent Electric PLC $NVT

WINTON GROUP Ltd acquired a new stake in nVent Electric PLC (NYSE:NVT) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 105,740 shares of the company’s stock, valued at approximately $10,782,000.

Several other institutional investors have also added to or reduced their stakes in NVT. Norges Bank bought a new stake in nVent Electric in the 4th quarter valued at $245,955,000. Holocene Advisors LP bought a new stake in nVent Electric in the 3rd quarter valued at $151,265,000. Balyasny Asset Management L.P. lifted its position in nVent Electric by 3,467.1% in the 3rd quarter. Balyasny Asset Management L.P. now owns 1,326,100 shares of the company’s stock valued at $130,807,000 after acquiring an additional 1,288,924 shares in the last quarter. Merewether Investment Management LP bought a new stake in nVent Electric in the 2nd quarter valued at $78,222,000. Finally, Swedbank AB bought a new stake in nVent Electric in the 4th quarter valued at $59,312,000. 90.05% of the stock is owned by institutional investors.

nVent Electric Trading Down 6.4%

Shares of NYSE:NVT opened at $162.79 on Friday. The company’s 50-day moving average price is $148.16 and its two-hundred day moving average price is $123.31. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.70 and a quick ratio of 1.21. nVent Electric PLC has a one year low of $67.18 and a one year high of $178.00. The stock has a market capitalization of $26.33 billion, a PE ratio of 54.08, a price-to-earnings-growth ratio of 1.65 and a beta of 1.35.

nVent Electric (NYSE:NVT) last issued its earnings results on Friday, May 1st. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.15. The company had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.11 billion. nVent Electric had a net margin of 11.37% and a return on equity of 16.82%. nVent Electric’s quarterly revenue was up 53.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.67 EPS. nVent Electric has set its Q2 2026 guidance at 1.120-1.150 EPS and its FY 2026 guidance at 4.450-4.550 EPS. On average, equities analysts forecast that nVent Electric PLC will post 4.55 EPS for the current fiscal year.

nVent Electric Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Friday, July 24th will be issued a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, July 24th. nVent Electric’s dividend payout ratio is presently 27.91%.

nVent Electric announced that its Board of Directors has initiated a share buyback plan on Saturday, May 16th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the company to purchase up to 1.8% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on NVT shares. Wall Street Zen raised shares of nVent Electric from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 23rd. UBS Group boosted their price target on shares of nVent Electric from $164.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Weiss Ratings cut shares of nVent Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Citigroup boosted their price target on shares of nVent Electric from $152.00 to $187.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Finally, Wolfe Research raised shares of nVent Electric to an “outperform” rating in a research report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $184.20.

Insider Buying and Selling

In other news, CAO Randolph A. Wacker sold 4,094 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $165.57, for a total value of $677,843.58. Following the sale, the chief accounting officer directly owned 49,873 shares of the company’s stock, valued at approximately $8,257,472.61. This represents a 7.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CMO Martha Claire Bennett sold 3,778 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $170.00, for a total transaction of $642,260.00. Following the completion of the sale, the chief marketing officer directly owned 225 shares in the company, valued at approximately $38,250. The trade was a 94.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 87,685 shares of company stock worth $14,961,768 in the last 90 days. 1.70% of the stock is owned by corporate insiders.

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.