nVent Electric PLC $NVT Shares Sold by Robeco Schweiz AG

Robeco Schweiz AG trimmed its position in shares of nVent Electric PLC (NYSE:NVT) by 2.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,422,995 shares of the company’s stock after selling 40,810 shares during the period. nVent Electric makes up 3.2% of Robeco Schweiz AG’s portfolio, making the stock its 3rd biggest position. Robeco Schweiz AG owned 0.88% of nVent Electric worth $140,364,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of nVent Electric in the 2nd quarter valued at approximately $234,290,000. Massachusetts Financial Services Co. MA grew its holdings in nVent Electric by 146.0% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 3,195,543 shares of the company’s stock worth $234,074,000 after acquiring an additional 1,896,749 shares in the last quarter. Merewether Investment Management LP bought a new stake in shares of nVent Electric in the 2nd quarter worth about $78,222,000. William Blair Investment Management LLC increased its position in shares of nVent Electric by 29.5% in the 2nd quarter. William Blair Investment Management LLC now owns 3,113,936 shares of the company’s stock worth $228,096,000 after purchasing an additional 709,464 shares during the last quarter. Finally, Valeo Financial Advisors LLC acquired a new stake in nVent Electric during the second quarter valued at approximately $48,443,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of nVent Electric in a research note on Monday, December 29th. Barclays lifted their price objective on shares of nVent Electric from $130.00 to $140.00 and gave the company an “overweight” rating in a research note on Thursday, December 4th. UBS Group began coverage on shares of nVent Electric in a research note on Thursday, November 20th. They set a “buy” rating and a $128.00 price objective on the stock. Roth Capital reissued a “buy” rating and issued a $130.00 price objective (up previously from $115.00) on shares of nVent Electric in a research note on Monday, November 3rd. Finally, KeyCorp raised their target price on nVent Electric from $103.00 to $114.00 and gave the company an “overweight” rating in a research note on Tuesday, October 14th. One analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $123.25.

nVent Electric Trading Up 0.2%

Shares of NVT opened at $106.58 on Wednesday. The firm has a market capitalization of $17.20 billion, a PE ratio of 29.36, a price-to-earnings-growth ratio of 1.08 and a beta of 1.34. The company has a quick ratio of 1.11, a current ratio of 1.57 and a debt-to-equity ratio of 0.44. nVent Electric PLC has a 12-month low of $41.71 and a 12-month high of $117.52. The stock’s fifty day simple moving average is $105.41 and its 200-day simple moving average is $95.80.

nVent Electric (NYSE:NVT) last released its quarterly earnings data on Friday, October 31st. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. nVent Electric had a return on equity of 14.29% and a net margin of 16.83%.The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the prior year, the company posted $0.63 earnings per share. The firm’s revenue was up 34.8% on a year-over-year basis. 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. As a group, research analysts predict that nVent Electric PLC will post 3.04 earnings per share for the current year.

nVent Electric Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 6th. Investors of record on Friday, January 23rd will be paid a $0.21 dividend. This is a boost from nVent Electric’s previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, January 23rd. nVent Electric’s dividend payout ratio (DPR) is 22.04%.

Insider Buying and Selling

In other nVent Electric news, CAO Randolph A. Wacker sold 5,000 shares of the company’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $110.08, for a total value of $550,400.00. Following the transaction, the chief accounting officer directly owned 26,400 shares of the company’s stock, valued at $2,906,112. This represents a 15.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Greg Scheu sold 5,591 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $104.04, for a total transaction of $581,687.64. Following the transaction, the director directly owned 14,348 shares in the company, valued at $1,492,765.92. This represents a 28.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 163,228 shares of company stock worth $18,345,001. Corporate insiders own 2.50% 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.