6,531 Shares in nVent Electric PLC $NVT Purchased by BCS Private Wealth Management Inc.

BCS Private Wealth Management Inc. acquired a new position in shares of nVent Electric PLC (NYSE:NVT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 6,531 shares of the company’s stock, valued at approximately $478,000.

Other institutional investors have also modified their holdings of the company. SVB Wealth LLC purchased a new position in nVent Electric during the first quarter worth $25,000. Trust Co. of Vermont grew its holdings in nVent Electric by 57.8% during the 2nd quarter. Trust Co. of Vermont now owns 434 shares of the company’s stock valued at $32,000 after purchasing an additional 159 shares during the last quarter. True Wealth Design LLC raised its position in nVent Electric by 1,202.9% in the 2nd quarter. True Wealth Design LLC now owns 443 shares of the company’s stock worth $32,000 after purchasing an additional 409 shares during the period. Manchester Capital Management LLC lifted its stake in nVent Electric by 222.2% in the second quarter. Manchester Capital Management LLC now owns 435 shares of the company’s stock worth $32,000 after purchasing an additional 300 shares during the last quarter. Finally, American National Bank & Trust purchased a new position in shares of nVent Electric during the second quarter valued at approximately $46,000. 90.05% of the stock is owned by institutional investors.

nVent Electric Trading Up 0.3%

NYSE NVT opened at $107.45 on Wednesday. nVent Electric PLC has a one year low of $41.71 and a one year high of $117.52. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.11 and a current ratio of 1.57. The company has a market capitalization of $17.34 billion, a price-to-earnings ratio of 29.60, a price-to-earnings-growth ratio of 1.48 and a beta of 1.32. The company’s 50-day simple moving average is $104.20 and its two-hundred day simple moving average is $89.61.

nVent Electric (NYSE:NVT) last released its quarterly earnings data on Friday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.01 billion. nVent Electric had a net margin of 16.83% and a return on equity of 14.29%. The company’s quarterly revenue was up 34.8% on a year-over-year basis. During the same period last year, the firm earned $0.63 earnings per share. nVent Electric has set its Q4 2025 guidance at 0.870-0.890 EPS and its FY 2025 guidance at 3.310-3.330 EPS. Equities analysts forecast that nVent Electric PLC will post 3.04 EPS for the current fiscal year.

nVent Electric Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 7th. Shareholders of record on Friday, October 17th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Friday, October 17th. nVent Electric’s dividend payout ratio is presently 22.04%.

Insiders Place Their Bets

In related news, Director Greg Scheu sold 5,591 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $104.04, for a total transaction of $581,687.64. Following the completion of the transaction, the director owned 14,348 shares in the company, valued at $1,492,765.92. The trade was a 28.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Sara E. Zawoyski sold 115,557 shares of the stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $112.78, for a total transaction of $13,032,518.46. Following the sale, the insider directly owned 66,680 shares of the company’s stock, valued at $7,520,170.40. The trade was a 63.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 163,228 shares of company stock worth $18,345,001. Insiders own 2.50% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on NVT. UBS Group started coverage on nVent Electric in a report on Thursday, November 20th. They issued a “buy” rating and a $128.00 price target on the stock. Royal Bank Of Canada lifted their target price on nVent Electric from $117.00 to $133.00 and gave the stock an “outperform” rating in a research report on Monday, November 3rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of nVent Electric in a research report on Monday. The Goldman Sachs Group upped their price target on shares of nVent Electric from $111.00 to $140.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Finally, Wall Street Zen raised shares of nVent Electric from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 8th. One analyst has rated the stock with a Strong Buy rating and nine have assigned a Buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $123.25.

nVent Electric Profile

nVent Electric plc, together with its subsidiaries, designs, manufactures, markets, installs, and services electrical connection and protection solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management.