Crawford Investment Counsel Inc. Sells 8,914 Shares of nVent Electric PLC $NVT

Crawford Investment Counsel Inc. lowered its position in shares of nVent Electric PLC (NYSE:NVT) by 3.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 270,559 shares of the company’s stock after selling 8,914 shares during the quarter. Crawford Investment Counsel Inc. owned approximately 0.17% of nVent Electric worth $26,688,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in NVT. CI Investments Inc. boosted its position in nVent Electric by 15.6% in the third quarter. CI Investments Inc. now owns 712 shares of the company’s stock valued at $70,000 after buying an additional 96 shares in the last quarter. BCS Private Wealth Management Inc. grew its stake in nVent Electric by 1.5% during the third quarter. BCS Private Wealth Management Inc. now owns 6,631 shares of the company’s stock worth $654,000 after buying an additional 100 shares during the last quarter. NorthRock Partners LLC increased its holdings in shares of nVent Electric by 1.9% during the third quarter. NorthRock Partners LLC now owns 5,620 shares of the company’s stock worth $554,000 after buying an additional 104 shares in the last quarter. Fulton Bank N.A. increased its holdings in shares of nVent Electric by 1.1% during the third quarter. Fulton Bank N.A. now owns 10,242 shares of the company’s stock worth $1,010,000 after buying an additional 111 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC raised its stake in shares of nVent Electric by 1.9% in the third quarter. Fifth Third Wealth Advisors LLC now owns 6,137 shares of the company’s stock valued at $605,000 after acquiring an additional 113 shares during the last quarter. 90.05% of the stock is owned by institutional investors.

Insider Activity

In related news, CEO Beth Wozniak sold 7,597 shares of nVent Electric stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $116.47, for a total value of $884,822.59. Following the completion of the sale, the chief executive officer directly owned 52,990 shares in the company, valued at $6,171,745.30. This trade represents a 12.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jerry W. Burris sold 5,244 shares of the business’s stock in a transaction dated 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 directly owned 46,371 shares of the company’s stock, valued at $5,206,072.17. This represents a 10.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 17,841 shares of company stock valued at $2,046,166 over the last 90 days. 1.80% of the stock is owned by company insiders.

nVent Electric Price Performance

NVT opened at $109.86 on Friday. 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 stock has a market capitalization of $17.77 billion, a P/E ratio of 25.55, a price-to-earnings-growth ratio of 1.14 and a beta of 1.31. The company’s 50 day simple moving average is $112.29 and its 200-day simple moving average is $105.23. nVent Electric PLC has a one year low of $41.71 and a one year high of $122.92.

nVent Electric (NYSE:NVT) last posted its quarterly earnings data on Friday, February 6th. The company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.01. nVent Electric had a net margin of 18.25% and a return on equity of 15.18%. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1 billion. During the same quarter in the previous year, the company posted $0.59 EPS. nVent Electric’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. Sell-side analysts anticipate that nVent Electric PLC will post 3.04 earnings per share for the current fiscal year.

nVent Electric Dividend Announcement

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

Analyst Ratings Changes

Several research analysts have recently commented on NVT shares. KeyCorp boosted their target price on nVent Electric from $125.00 to $130.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. Wolfe Research raised nVent Electric to an “outperform” rating in a report on Monday, February 9th. Barclays lifted their price objective on nVent Electric from $140.00 to $141.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Citigroup increased their target price on nVent Electric from $131.00 to $133.00 and gave the stock a “buy” rating in a report on Monday, February 9th. Finally, Royal Bank Of Canada raised their target price on nVent Electric from $136.00 to $138.00 and gave the company an “outperform” rating in a research note on Monday, February 9th. Eleven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, nVent Electric presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.78.

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.