3,714 Shares in nVent Electric PLC $NVT Bought by Seeds Investor LLC

Seeds Investor LLC bought a new stake in shares of nVent Electric PLC (NYSE:NVT) in the 2nd quarter, HoldingsChannel reports. The fund bought 3,714 shares of the company’s stock, valued at approximately $272,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. SVB Wealth LLC bought a new position in shares of nVent Electric in the 1st quarter worth about $25,000. Trust Co. of Vermont raised its stake in nVent Electric by 57.8% during the second quarter. Trust Co. of Vermont now owns 434 shares of the company’s stock worth $32,000 after acquiring an additional 159 shares during the period. True Wealth Design LLC lifted its holdings in nVent Electric by 1,202.9% in the second quarter. True Wealth Design LLC now owns 443 shares of the company’s stock worth $32,000 after acquiring an additional 409 shares during the last quarter. American National Bank & Trust bought a new position in nVent Electric in the second quarter worth about $46,000. Finally, SBI Securities Co. Ltd. boosted its stake in nVent Electric by 80.8% in the second quarter. SBI Securities Co. Ltd. now owns 651 shares of the company’s stock valued at $48,000 after acquiring an additional 291 shares during the period. 90.05% of the stock is owned by institutional investors and hedge funds.

Insider Activity at nVent Electric

In other news, CEO Beth Wozniak sold 4,137 shares of the company’s stock in a transaction that occurred on Thursday, November 20th. The shares were sold at an average price of $110.35, for a total value of $456,517.95. Following the completion of the sale, the chief executive officer directly owned 47,984 shares of the company’s stock, valued at approximately $5,295,034.40. This represents a 7.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Lynnette R. Heath sold 32,943 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $113.04, for a total transaction of $3,723,876.72. Following the completion of the transaction, the executive vice president owned 30,562 shares of the company’s stock, valued at $3,454,728.48. This trade represents a 51.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 157,637 shares of company stock valued at $17,763,313 over the last quarter. Corporate insiders own 1.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on NVT. KeyCorp upped their target price on nVent Electric from $103.00 to $114.00 and gave the company an “overweight” rating in a report on Tuesday, October 14th. Roth Capital restated a “buy” rating and set a $130.00 price objective (up previously from $115.00) on shares of nVent Electric in a research report on Monday, November 3rd. Wall Street Zen raised nVent Electric from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 8th. Citigroup raised their target price on nVent Electric from $114.00 to $131.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Finally, Barclays reissued an “overweight” rating and set a $130.00 price target on shares of nVent Electric in a report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating and nine have given a Buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $122.00.

nVent Electric Stock Down 1.0%

Shares of nVent Electric stock opened at $100.49 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.57 and a quick ratio of 1.11. nVent Electric PLC has a 1-year low of $41.71 and a 1-year high of $117.52. The business’s fifty day moving average price is $102.09 and its two-hundred day moving average price is $85.80. The company has a market capitalization of $16.22 billion, a P/E ratio of 27.68, a PEG ratio of 1.40 and a beta of 1.40.

nVent Electric (NYSE:NVT) last issued its quarterly earnings results 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 company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same period last year, the company earned $0.63 earnings per share. The company’s quarterly revenue was up 34.8% compared to the same quarter last year. nVent Electric has set its Q4 2025 guidance at 0.870-0.890 EPS. FY 2025 guidance at 3.310-3.330 EPS. As a group, research analysts forecast that nVent Electric PLC will post 3.04 EPS for the current year.

nVent Electric Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 7th. Shareholders of record on Friday, October 17th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, October 17th. This represents a $0.80 annualized dividend and a yield of 0.8%. nVent Electric’s dividend payout ratio (DPR) is presently 22.04%.

nVent Electric Profile

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.