Natural Investments LLC Lowers Stock Holdings in nVent Electric PLC $NVT

Natural Investments LLC lowered its position in nVent Electric PLC (NYSE:NVTFree Report) by 83.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,810 shares of the company’s stock after selling 9,438 shares during the period. Natural Investments LLC’s holdings in nVent Electric were worth $307,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Norges Bank bought a new stake in nVent Electric during the fourth quarter valued at about $245,955,000. Price T Rowe Associates Inc. MD boosted its stake in shares of nVent Electric by 361.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,577,555 shares of the company’s stock worth $262,835,000 after acquiring an additional 2,019,483 shares during the period. Balyasny Asset Management L.P. grew its position in shares of nVent Electric by 3,467.1% during the third quarter. Balyasny Asset Management L.P. now owns 1,326,100 shares of the company’s stock worth $130,807,000 after purchasing an additional 1,288,924 shares in the last quarter. Merewether Investment Management LP purchased a new stake in shares of nVent Electric during the second quarter worth about $78,222,000. Finally, Amundi raised its stake in nVent Electric by 146.8% during the 1st quarter. Amundi now owns 1,092,802 shares of the company’s stock valued at $129,257,000 after purchasing an additional 649,992 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Insider Activity at nVent Electric

In related news, insider Der Kolk Robert J. Van sold 5,858 shares of the business’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $164.32, for a total value of $962,586.56. Following the sale, the insider owned 27,387 shares in the company, valued at approximately $4,500,231.84. The trade was a 17.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Beth Wozniak sold 46,261 shares of the stock in a transaction on 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 transaction, the chief executive officer owned 55,612 shares of the company’s stock, valued at $9,143,725.04. This trade represents a 45.41% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 74,644 shares of company stock valued at $12,276,886. 1.70% of the stock is owned by corporate insiders.

nVent Electric Price Performance

Shares of nVent Electric stock opened at $147.96 on Thursday. The firm has a market cap of $23.95 billion, a PE ratio of 40.43, a PEG ratio of 1.24 and a beta of 1.36. The stock has a 50 day moving average of $157.64 and a 200 day moving average of $146.79. The company has a current ratio of 1.80, a quick ratio of 1.33 and a debt-to-equity ratio of 0.37. nVent Electric PLC has a 12 month low of $88.52 and a 12 month high of $184.64.

nVent Electric (NYSE:NVTGet Free Report) last released its quarterly earnings data on Friday, July 31st. The company reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.29. The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.26 billion. nVent Electric had a return on equity of 18.85% and a net margin of 12.38%.The company’s revenue was up 52.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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, research analysts expect that nVent Electric PLC will post 5.13 EPS for the current fiscal year.

nVent Electric announced that its Board of Directors has initiated a share repurchase plan on Saturday, May 16th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 1.8% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on NVT shares. Clear Str raised nVent Electric to a “strong-buy” rating in a report on Monday, July 13th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $200.00 price objective on shares of nVent Electric in a report on Saturday, August 1st. Royal Bank Of Canada lifted their price objective on shares of nVent Electric from $193.00 to $200.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Wall Street Zen raised shares of nVent Electric from a “buy” rating to a “strong-buy” rating in a report on Sunday, June 21st. Finally, Citigroup upped their target price on shares of nVent Electric from $203.00 to $215.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Three analysts have rated the stock with a Strong Buy rating and fourteen have issued a Buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $199.86.

Check Out Our Latest Research Report on nVent Electric

nVent Electric Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for nVent Electric (NYSE:NVT)

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