Ceredex Value Advisors LLC Reduces Position in nVent Electric PLC $NVT

Ceredex Value Advisors LLC trimmed its holdings in nVent Electric PLC (NYSE:NVT) by 35.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 135,700 shares of the company’s stock after selling 74,000 shares during the quarter. Ceredex Value Advisors LLC’s holdings in nVent Electric were worth $13,385,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in NVT. CI Investments Inc. increased its holdings in shares of 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 purchasing an additional 96 shares during the last quarter. BCS Private Wealth Management Inc. grew its holdings in nVent Electric by 1.5% in the 3rd quarter. BCS Private Wealth Management Inc. now owns 6,631 shares of the company’s stock valued at $654,000 after buying an additional 100 shares in the last quarter. Fulton Bank N.A. increased its stake in shares of nVent Electric by 1.1% in the 3rd quarter. Fulton Bank N.A. now owns 10,242 shares of the company’s stock worth $1,010,000 after acquiring an additional 111 shares during the last quarter. Fifth Third Wealth Advisors LLC boosted its position in shares of nVent Electric by 1.9% during the 3rd 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. Finally, OneDigital Investment Advisors LLC grew its holdings in shares of nVent Electric by 3.7% in the third quarter. OneDigital Investment Advisors LLC now owns 3,224 shares of the company’s stock valued at $318,000 after purchasing an additional 115 shares during the period. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at nVent Electric

In other nVent Electric news, Director Susan M. Cameron sold 5,000 shares of nVent Electric stock in a transaction dated 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 directly 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. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Beth Wozniak sold 7,597 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $116.47, for a total transaction of $884,822.59. Following the sale, the chief executive officer 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 disclosure for this sale is available in the SEC filing. Insiders sold 17,841 shares of company stock worth $2,046,166 in the last three months. 2.50% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. KeyCorp lifted their target price on shares of nVent Electric from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. UBS Group assumed coverage on nVent Electric in a report on Thursday, November 20th. They issued a “buy” rating and a $128.00 price objective on the stock. Zacks Research cut nVent Electric from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 6th. Barclays increased their price target on nVent Electric from $140.00 to $141.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. Finally, Royal Bank Of Canada boosted their price objective on shares of nVent Electric from $136.00 to $138.00 and gave the company an “outperform” rating in a report on Monday, February 9th. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $129.00.

nVent Electric Stock Up 0.9%

nVent Electric stock opened at $109.09 on Wednesday. The company has a market capitalization of $17.64 billion, a PE ratio of 25.37, a price-to-earnings-growth ratio of 1.12 and a beta of 1.31. 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 PLC has a fifty-two week low of $41.71 and a fifty-two week high of $122.92. The firm has a 50 day moving average price of $111.93 and a 200 day moving average price of $104.93.

nVent Electric (NYSE:NVT) last released its quarterly earnings results on Friday, February 6th. The company reported $0.90 EPS 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 analysts’ expectations of $1 billion. During the same period in the prior year, the firm earned $0.59 earnings per share. The firm’s revenue was up 41.9% compared to the same quarter last year. 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. Research analysts expect that nVent Electric PLC will post 3.04 earnings per share for the current year.

nVent Electric Dividend Announcement

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

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.