11,189 nVent Electric PLC $NVT Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC reduced its holdings in shares of nVent Electric PLC (NYSE:NVT) by 36.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,821 shares of the company’s stock after selling 11,189 shares during the quarter. Nisa Investment Advisors LLC’s holdings in nVent Electric were worth $3,179,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Robeco Institutional Asset Management B.V. grew its stake in nVent Electric by 5.4% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 45,348 shares of the company’s stock valued at $7,272,000 after purchasing an additional 2,339 shares during the period. Net Worth Advisory Group purchased a new stake in shares of nVent Electric during the 3rd quarter valued at $201,000. Sumitomo Mitsui DS Asset Management Company Ltd purchased a new stake in shares of nVent Electric during the 3rd quarter valued at $2,990,000. Fairvoy Private Wealth LLC raised its stake in shares of nVent Electric by 30.9% during the 3rd quarter. Fairvoy Private Wealth LLC now owns 9,584 shares of the company’s stock worth $1,537,000 after purchasing an additional 2,260 shares during the period. Finally, Pension & Wealth Management Advisors Inc. bought a new stake in shares of nVent Electric during the 3rd quarter worth $55,000. 90.05% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on NVT shares. Citigroup boosted their price target on shares of nVent Electric from $215.00 to $228.00 and gave the stock a “buy” rating in a report on Monday, October 12th. Evercore restated an “outperform” rating and set a $210.00 price objective on shares of nVent Electric in a report on Monday, August 3rd. Weiss Ratings lowered shares of nVent Electric from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday. The Goldman Sachs Group reiterated a “buy” rating and issued a $200.00 target price on shares of nVent Electric in a research note on Saturday, August 1st. Finally, Royal Bank Of Canada boosted their target price on shares of nVent Electric from $200.00 to $208.00 and gave the company an “outperform” rating in a research note on Wednesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, nVent Electric presently has a consensus rating of “Buy” and a consensus price target of $198.82.

Insider Activity at nVent Electric

In other nVent Electric news, insider Robert van der Kolk sold 5,858 shares of the company’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $164.32, for a total transaction of $962,586.56. Following the sale, the insider directly owned 27,387 shares of the company’s stock, valued at $4,500,231.84. This represents a 17.62% 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, CEO Beth Wozniak sold 46,261 shares of the company’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $164.42, for a total transaction of $7,606,233.62. Following the sale, the chief executive officer directly owned 55,612 shares in the company, valued at approximately $9,143,725.04. This trade represents a 45.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 74,644 shares of company stock worth $12,276,886. Company insiders own 1.70% of the company’s stock.

nVent Electric Stock Performance

Shares of NVT opened at $125.42 on Friday. The firm has a market cap of $20.30 billion, a PE ratio of 34.27, a PEG ratio of 0.68 and a beta of 1.35. The stock’s fifty day moving average price is $155.70 and its two-hundred day moving average price is $156.88. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.80 and a quick ratio of 1.33. nVent Electric PLC has a 1 year low of $93.22 and a 1 year high of $184.64.

nVent Electric (NYSE:NVT) last issued its quarterly earnings results on Friday, July 31st. The company reported $1.45 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.29. The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.26 billion. nVent Electric had a return on equity of 18.85% and a net margin of 12.38%. The business’s revenue for the quarter was up 52.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.86 EPS. nVent Electric has set its Q3 2026 guidance at 1.350-1.380 EPS and its FY 2026 guidance at 5.000-5.100 EPS. On average, equities research analysts forecast that nVent Electric PLC will post 5.16 EPS for the current year.

nVent Electric Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 6th. Investors of record on Friday, October 23rd will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Friday, October 23rd. nVent Electric’s payout ratio is currently 22.95%.

About nVent Electric

nVent Electric plc is a global provider of electrical connection, protection and management solutions. The company designs and manufactures products that help protect electrical and electronic systems, manage heat, and support the installation and operation of critical infrastructure.

Its products include electrical and electronic enclosures, industrial cooling and thermal-management systems, cable management and fastening solutions, grounding and bonding equipment, busway and power-distribution products, and related connection technologies.