NEOS Investment Management LLC Increases Stock Holdings in nVent Electric PLC $NVT

NEOS Investment Management LLC increased its holdings in nVent Electric PLC (NYSE:NVT) by 21.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,947 shares of the company’s stock after buying an additional 6,290 shares during the period. NEOS Investment Management LLC’s holdings in nVent Electric were worth $3,447,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in NVT. Phillips Wealth Planners LLC acquired a new position in shares of nVent Electric during the 3rd quarter worth approximately $238,000. JPMorgan Chase & Co. raised its holdings in shares of nVent Electric by 2.0% in the third quarter. JPMorgan Chase & Co. now owns 569,189 shares of the company’s stock worth $56,145,000 after acquiring an additional 10,936 shares during the last quarter. State of New Jersey Common Pension Fund D lifted its position in shares of nVent Electric by 2.4% in the third quarter. State of New Jersey Common Pension Fund D now owns 57,956 shares of the company’s stock valued at $5,717,000 after acquiring an additional 1,347 shares in the last quarter. Cookson Peirce & Co. Inc. increased its position in nVent Electric by 4.1% during the 3rd quarter. Cookson Peirce & Co. Inc. now owns 12,861 shares of the company’s stock worth $1,269,000 after purchasing an additional 504 shares in the last quarter. Finally, Missouri Trust & Investment Co purchased a new position in shares of nVent Electric during the third quarter valued at approximately $68,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

nVent Electric Trading Up 1.0%

Shares of NVT stock opened at $116.77 on Friday. The firm has a market capitalization of $18.88 billion, a PE ratio of 27.15, a price-to-earnings-growth ratio of 1.20 and a beta of 1.33. nVent Electric PLC has a 1 year low of $41.71 and a 1 year high of $120.85. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.16 and a current ratio of 1.63. The stock has a fifty day moving average of $108.64 and a two-hundred day moving average of $102.42.

nVent Electric (NYSE:NVT) last posted its quarterly earnings results on Friday, February 6th. The company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts’ expectations of $1 billion. During the same quarter in the prior year, the company earned $0.59 earnings per share. The firm’s revenue 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, research analysts expect that nVent Electric PLC will post 3.04 EPS for the current year.

nVent Electric Dividend Announcement

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

Insider Activity

In related news, Director Jerry W. Burris sold 5,244 shares of the firm’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 value of $588,743.88. Following the completion of the transaction, the director owned 46,371 shares of the company’s stock, valued at approximately $5,206,072.17. This trade represents a 10.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Susan M. Cameron sold 5,000 shares of the stock in a transaction on 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 of the company’s stock, valued at $1,535,140.60. The trade was a 27.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 23,432 shares of company stock worth $2,627,854. Company insiders own 1.80% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on NVT. Royal Bank Of Canada boosted their price objective on nVent Electric from $136.00 to $138.00 and gave the stock an “outperform” rating in a research note on Monday, February 9th. Barclays boosted their target price on shares of nVent Electric from $140.00 to $141.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Weiss Ratings reiterated a “buy (b-)” rating on shares of nVent Electric in a research note on Monday, December 29th. Roth Mkm reaffirmed a “buy” rating and issued a $130.00 price objective (up previously from $115.00) on shares of nVent Electric in a report on Monday, November 3rd. Finally, Zacks Research lowered shares of nVent Electric from a “strong-buy” rating to a “hold” rating in a report on Friday, February 6th. Ten research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, nVent Electric has a consensus rating of “Moderate Buy” and a consensus price target of $126.25.

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.