nVent Electric PLC (NYSE:NVT) Receives $126.25 Consensus PT from Brokerages

nVent Electric PLC (NYSE:NVT) has earned a consensus rating of “Moderate Buy” from the eleven analysts that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and ten have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $126.25.

A number of brokerages recently weighed in on NVT. Royal Bank Of Canada boosted their price target on shares of nVent Electric from $136.00 to $138.00 and gave the stock an “outperform” rating in a report on Monday. UBS Group began coverage on shares of nVent Electric in a research report on Thursday, November 20th. They issued a “buy” rating and a $128.00 price objective on the stock. Wall Street Zen cut shares of nVent Electric from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 7th. Citigroup raised their price target on shares of nVent Electric from $131.00 to $133.00 and gave the stock a “buy” rating in a research note on Monday. Finally, KeyCorp lifted their price target on shares of nVent Electric from $125.00 to $130.00 and gave the stock an “overweight” rating in a report on Monday.

Insider Transactions at nVent Electric

In other news, CEO Beth Wozniak sold 7,597 shares of the stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $116.47, for a total transaction of $884,822.59. Following the completion of the transaction, the chief executive officer owned 52,990 shares in the company, valued at approximately $6,171,745.30. This represents a 12.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Susan M. Cameron sold 5,000 shares of the business’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $114.52, for a total value of $572,600.00. Following the completion of the sale, the director owned 13,405 shares in the company, valued at $1,535,140.60. This represents a 27.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 27,569 shares of company stock worth $3,084,372 over the last quarter. 1.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On nVent Electric

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Global Trust Asset Management LLC bought a new stake in nVent Electric during the 3rd quarter worth approximately $30,000. Root Financial Partners LLC purchased a new position in shares of nVent Electric during the 3rd quarter valued at $31,000. Manchester Capital Management LLC increased its holdings in shares of nVent Electric by 128.1% in the fourth quarter. Manchester Capital Management LLC now owns 308 shares of the company’s stock worth $31,000 after purchasing an additional 173 shares during the period. True Wealth Design LLC raised its position 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 worth $32,000 after buying an additional 409 shares in the last quarter. Finally, Cullen Frost Bankers Inc. purchased a new stake in shares of nVent Electric in the fourth quarter worth $32,000. 90.05% of the stock is currently owned by institutional investors.

nVent Electric Price Performance

Shares of NYSE NVT opened at $113.13 on Wednesday. The company has a market capitalization of $18.25 billion, a PE ratio of 26.31, a PEG ratio of 1.16 and a beta of 1.33. The company has a quick ratio of 1.16, a current ratio of 1.63 and a debt-to-equity ratio of 0.41. The stock’s 50 day moving average price is $108.07 and its 200-day moving average price is $101.49. nVent Electric has a twelve month low of $41.71 and a twelve month high of $120.85.

nVent Electric (NYSE:NVT) last issued its quarterly earnings results on Friday, February 6th. The company reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.01. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1 billion. nVent Electric had a return on equity of 15.18% and a net margin of 18.25%.nVent Electric’s quarterly revenue was up 41.9% compared to the same quarter last year. During the same period last year, the company posted $0.59 earnings per share. nVent Electric has set its Q1 2026 guidance at 0.900-0.930 EPS and its FY 2026 guidance at 4.000-4.150 EPS. On average, equities analysts anticipate that nVent Electric will post 3.04 EPS for the current year.

nVent Electric Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 6th. Shareholders of record on Friday, January 23rd were paid a $0.21 dividend. The ex-dividend date was Friday, January 23rd. This is a boost from nVent Electric’s previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a dividend yield of 0.7%. nVent Electric’s dividend payout ratio is presently 19.53%.

nVent Electric Company Profile

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.