Chilton Investment Co. Inc. Acquires New Stake in nVent Electric PLC $NVT

Chilton Investment Co. Inc. acquired a new stake in shares of nVent Electric PLC (NYSE:NVT) in the third quarter, Holdings Channel reports. The firm acquired 24,929 shares of the company’s stock, valued at approximately $2,459,000.

Other hedge funds have also added to or reduced their stakes in the company. Global Trust Asset Management LLC bought a new position in shares of nVent Electric during the third quarter valued at $30,000. Root Financial Partners LLC bought a new position in nVent Electric in the 3rd quarter worth about $31,000. Manchester Capital Management LLC grew its position in nVent Electric by 222.2% during the 2nd quarter. Manchester Capital Management LLC now owns 435 shares of the company’s stock valued at $32,000 after purchasing an additional 300 shares during the last quarter. Headlands Technologies LLC increased its stake in nVent Electric by 522.9% during the 2nd quarter. Headlands Technologies LLC now owns 517 shares of the company’s stock valued at $38,000 after purchasing an additional 434 shares in the last quarter. Finally, First Horizon Corp bought a new stake in nVent Electric during the 3rd quarter valued at about $41,000. 90.05% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on NVT shares. Citigroup upped their target price on shares of nVent Electric from $131.00 to $133.00 and gave the stock a “buy” rating in a research note on Monday, February 9th. Zacks Research lowered shares of nVent Electric from a “strong-buy” rating to a “hold” rating in a report on Friday, February 6th. UBS Group reiterated a “buy” rating and set a $135.00 target price on shares of nVent Electric in a research note on Friday. Barclays lifted their target price on nVent Electric from $140.00 to $141.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. Finally, KeyCorp boosted their price target on nVent Electric from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Eleven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, nVent Electric currently has an average rating of “Moderate Buy” and a consensus target price of $129.78.

nVent Electric Price Performance

NYSE NVT opened at $109.86 on Friday. The stock has a market capitalization of $17.77 billion, a price-to-earnings ratio of 25.55, a PEG ratio of 1.14 and a beta of 1.31. nVent Electric PLC has a 1-year low of $41.71 and a 1-year high of $122.92. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.63 and a quick ratio of 1.16. The business’s fifty day moving average price is $112.29 and its 200-day moving average price is $105.23.

nVent Electric (NYSE:NVT) last posted its quarterly earnings data on Friday, February 6th. The company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.01. The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1 billion. nVent Electric had a return on equity of 15.18% and a net margin of 18.25%.nVent Electric’s revenue for the quarter was up 41.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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 predict that nVent Electric PLC will post 3.04 earnings per share for the current year.

nVent Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Friday, April 24th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, April 24th. nVent Electric’s dividend payout ratio is 19.53%.

Insider Buying and Selling

In related news, Director Jerry W. Burris sold 5,244 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $112.27, for a total transaction of $588,743.88. Following the completion of the sale, the director directly owned 46,371 shares in the company, valued at approximately $5,206,072.17. The trade was a 10.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Susan M. Cameron sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $114.52, for a total transaction of $572,600.00. Following the sale, the director directly owned 13,405 shares of the company’s stock, valued at approximately $1,535,140.60. This represents a 27.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 17,841 shares of company stock valued at $2,046,166. 1.80% of the stock is owned by insiders.

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.