nVent Electric (NYSE:NVT) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of nVent Electric (NYSE:NVT) from a buy rating to a strong-buy rating in a report published on Sunday.

Other research analysts have also issued reports about the stock. Zacks Research lowered shares of nVent Electric from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 6th. Royal Bank Of Canada raised their price target on shares of nVent Electric from $136.00 to $138.00 and gave the company an “outperform” rating in a research report on Monday, February 9th. The Goldman Sachs Group lifted their price target on nVent Electric from $111.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. UBS Group began coverage on nVent Electric in a research note on Thursday, November 20th. They issued a “buy” rating and a $128.00 price objective for the company. Finally, KeyCorp raised their target price on nVent Electric from $125.00 to $130.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Ten analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $126.25.

nVent Electric Trading Up 1.7%

Shares of nVent Electric stock opened at $115.18 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.16 and a current ratio of 1.63. nVent Electric has a 52 week low of $41.71 and a 52 week high of $120.85. The stock has a 50 day moving average price of $108.35 and a two-hundred day moving average price of $102.23. The stock has a market capitalization of $18.59 billion, a PE ratio of 26.79, a price-to-earnings-growth ratio of 1.18 and a beta of 1.33.

nVent Electric (NYSE:NVT) last issued its earnings results on Friday, February 6th. The company reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.01. nVent Electric had a return on equity of 15.18% and a net margin of 18.25%.The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1 billion. During the same period in the prior year, the firm earned $0.59 earnings per share. nVent Electric’s revenue for the quarter was up 41.9% on a year-over-year basis. 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. As a group, equities analysts anticipate that nVent Electric will post 3.04 earnings per share for the current fiscal year.

nVent Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 24th will be issued a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Friday, April 24th. nVent Electric’s dividend payout ratio (DPR) is 19.53%.

Insiders Place Their Bets

In other nVent Electric news, Director Susan M. Cameron sold 5,000 shares of the company’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $114.52, for a total value of $572,600.00. Following the completion of the transaction, the director owned 13,405 shares in the company, valued at $1,535,140.60. This represents a 27.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jerry W. Burris sold 5,244 shares of nVent Electric stock in a transaction on Friday, February 6th. The stock was sold at an average price of $112.27, for a total value of $588,743.88. Following the sale, the director owned 46,371 shares in the company, valued at $5,206,072.17. The trade was a 10.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 27,569 shares of company stock worth $3,084,372 in the last ninety days. Company insiders own 2.50% of the company’s stock.

Hedge Funds Weigh In On nVent Electric

Large investors have recently modified their holdings of the business. AQR Capital Management LLC lifted its stake in shares of nVent Electric by 33.1% during the 1st quarter. AQR Capital Management LLC now owns 94,968 shares of the company’s stock valued at $4,841,000 after buying an additional 23,606 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in nVent Electric by 575.6% during the 1st quarter. Jones Financial Companies Lllp now owns 8,803 shares of the company’s stock valued at $461,000 after acquiring an additional 7,500 shares during the period. Geneos Wealth Management Inc. lifted its position in shares of nVent Electric by 436.0% during the first quarter. Geneos Wealth Management Inc. now owns 1,072 shares of the company’s stock worth $56,000 after acquiring an additional 872 shares in the last quarter. CWM LLC boosted its holdings in shares of nVent Electric by 3.3% in the second quarter. CWM LLC now owns 6,916 shares of the company’s stock worth $507,000 after acquiring an additional 219 shares during the period. Finally, Atria Wealth Solutions Inc. purchased a new position in shares of nVent Electric in the second quarter valued at $422,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

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.