661,339 Shares in nVent Electric PLC $NVT Acquired by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC purchased a new stake in nVent Electric PLC (NYSE:NVT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 661,339 shares of the company’s stock, valued at approximately $48,443,000. nVent Electric accounts for about 1.0% of Valeo Financial Advisors LLC’s holdings, making the stock its 25th biggest holding. Valeo Financial Advisors LLC owned 0.41% of nVent Electric as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of NVT. Osaic Holdings Inc. increased its stake in shares of nVent Electric by 382.3% in the 2nd quarter. Osaic Holdings Inc. now owns 111,702 shares of the company’s stock valued at $8,182,000 after acquiring an additional 88,541 shares in the last quarter. Orion Porfolio Solutions LLC grew its holdings in nVent Electric by 71.0% in the second quarter. Orion Porfolio Solutions LLC now owns 15,907 shares of the company’s stock worth $1,165,000 after purchasing an additional 6,606 shares during the period. Thrivent Financial for Lutherans grew its holdings in nVent Electric by 1.6% in the second quarter. Thrivent Financial for Lutherans now owns 346,274 shares of the company’s stock worth $25,364,000 after purchasing an additional 5,442 shares during the period. B. Riley Wealth Advisors Inc. bought a new stake in nVent Electric in the second quarter valued at $241,000. Finally, Cape Investment Advisory Inc. raised its holdings in shares of nVent Electric by 434.4% during the second quarter. Cape Investment Advisory Inc. now owns 4,275 shares of the company’s stock valued at $313,000 after purchasing an additional 3,475 shares during the period. 90.05% of the stock is currently owned by institutional investors.

Insider Transactions at nVent Electric

In other news, insider Sara E. Zawoyski sold 115,557 shares of the stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $112.78, for a total value of $13,032,518.46. Following the completion of the sale, the insider owned 66,680 shares in the company, valued at $7,520,170.40. This represents a 63.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Greg Scheu sold 5,591 shares of the firm’s stock in a transaction dated Monday, November 24th. The shares were 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. The trade was a 28.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 163,228 shares of company stock worth $18,345,001. 2.50% of the stock is owned by insiders.

nVent Electric Stock Performance

Shares of NVT opened at $101.70 on Monday. The firm has a market capitalization of $16.41 billion, a P/E ratio of 28.02, a P/E/G ratio of 1.25 and a beta of 1.32. nVent Electric PLC has a 52 week low of $41.71 and a 52 week high of $117.52. The stock has a 50 day moving average price of $104.64 and a two-hundred day moving average price of $90.46. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.11 and a current ratio of 1.57.

nVent Electric (NYSE:NVT) last posted its earnings results on Friday, October 31st. The company reported $0.91 earnings per share 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 quarter last year, the company earned $0.63 earnings per share. The company’s revenue for the quarter 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. Equities analysts forecast that nVent Electric PLC will post 3.04 earnings per share for the current fiscal year.

nVent Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 7th. Shareholders of record on Friday, October 17th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Friday, October 17th. nVent Electric’s payout ratio is currently 22.04%.

Wall Street Analyst Weigh In

NVT has been the topic of a number of research analyst reports. UBS Group began coverage on shares of nVent Electric in a research report on Thursday, November 20th. They set a “buy” rating and a $128.00 price objective on the stock. KeyCorp increased their price target on nVent Electric from $103.00 to $114.00 and gave the stock an “overweight” rating in a report on Tuesday, October 14th. The Goldman Sachs Group raised their price objective on nVent Electric from $111.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Royal Bank Of Canada upped their target price on nVent Electric from $117.00 to $133.00 and gave the stock an “outperform” rating in a research report on Monday, November 3rd. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of nVent Electric in a report on Monday, December 8th. One research analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company’s stock. Based on data from MarketBeat, nVent Electric currently has an average rating of “Buy” and a consensus target price of $123.25.

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.