Yousif Capital Management LLC Has $4.20 Million Holdings in nVent Electric PLC $NVT

Yousif Capital Management LLC cut its position in shares of nVent Electric PLC (NYSE:NVT) by 1.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 57,287 shares of the company’s stock after selling 1,106 shares during the quarter. Yousif Capital Management LLC’s holdings in nVent Electric were worth $4,196,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of NVT. CWM LLC grew its holdings in nVent Electric by 3.3% in the second quarter. CWM LLC now owns 6,916 shares of the company’s stock worth $507,000 after purchasing an additional 219 shares during the period. Vanguard Personalized Indexing Management LLC grew its holdings in nVent Electric by 59.5% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 32,889 shares of the company’s stock worth $2,411,000 after purchasing an additional 12,264 shares during the period. Johnson Investment Counsel Inc. grew its holdings in nVent Electric by 2.5% in the second quarter. Johnson Investment Counsel Inc. now owns 1,747,061 shares of the company’s stock worth $127,972,000 after purchasing an additional 43,036 shares during the period. Richardson Financial Services Inc. grew its holdings in nVent Electric by 48.8% in the second quarter. Richardson Financial Services Inc. now owns 1,079 shares of the company’s stock worth $78,000 after purchasing an additional 354 shares during the period. Finally, US Bancorp DE grew its holdings in nVent Electric by 0.7% in the second quarter. US Bancorp DE now owns 181,534 shares of the company’s stock worth $13,297,000 after purchasing an additional 1,202 shares during the period. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Wall Street Zen upgraded shares of nVent Electric from a “hold” rating to a “buy” rating in a report on Saturday, July 12th. The Goldman Sachs Group raised their price target on shares of nVent Electric from $99.00 to $111.00 and gave the stock a “buy” rating in a report on Tuesday, September 16th. Royal Bank Of Canada restated an “outperform” rating and issued a $102.00 price target (up from $85.00) on shares of nVent Electric in a report on Monday, August 4th. Barclays raised their price target on shares of nVent Electric from $100.00 to $115.00 and gave the stock an “overweight” rating in a report on Wednesday, October 1st. Finally, Roth Capital reiterated a “buy” rating and set a $100.00 price objective (up from $89.00) on shares of nVent Electric in a report on Monday, August 4th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $99.71.

nVent Electric Stock Up 1.5%

Shares of NYSE NVT opened at $101.03 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.67 and a quick ratio of 1.20. The company has a 50-day moving average price of $94.07 and a 200-day moving average price of $75.52. nVent Electric PLC has a 1 year low of $41.71 and a 1 year high of $101.84. The stock has a market capitalization of $16.26 billion, a P/E ratio of 28.78, a P/E/G ratio of 1.48 and a beta of 1.38.

nVent Electric (NYSE:NVT) last released its quarterly earnings results on Friday, August 1st. The company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.07. nVent Electric had a net margin of 17.72% and a return on equity of 13.36%. The company had revenue of $963.10 million for the quarter, compared to analyst estimates of $906.96 million. During the same period last year, the firm earned $0.82 earnings per share. The firm’s revenue was up 30.1% on a year-over-year basis. nVent Electric has set its Q3 2025 guidance at 0.860-0.880 EPS. FY 2025 guidance at 3.220-3.300 EPS. On average, equities research analysts forecast that nVent Electric PLC will post 3.04 EPS for the current fiscal year.

nVent Electric Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 7th. Investors of record on Friday, October 17th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, October 17th. nVent Electric’s dividend payout ratio (DPR) is presently 22.79%.

Insider Activity at nVent Electric

In related news, CEO Beth Wozniak sold 42,331 shares of the firm’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $89.21, for a total transaction of $3,776,348.51. Following the transaction, the chief executive officer directly owned 49,196 shares of the company’s stock, valued at $4,388,775.16. This trade represents a 46.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Sara E. Zawoyski sold 22,109 shares of the firm’s stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $89.54, for a total transaction of $1,979,639.86. Following the transaction, the insider directly owned 66,640 shares in the company, valued at $5,966,945.60. The trade was a 24.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 261,111 shares of company stock valued at $23,367,520 over the last three months. Insiders own 1.80% of the company’s stock.

About nVent Electric

nVent Electric plc, together with its subsidiaries, designs, manufactures, markets, installs, and services electrical connection and protection solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management.