nVent Electric PLC (NYSE:NVT) Stock Has Average Target Price of $200.81 According to Analysts

Shares of nVent Electric PLC (NYSE:NVT) have earned a consensus rating of “Buy” from the twenty research firms that are currently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $198.82.

Several research analysts have commented on the company. Robert W. Baird lifted their price target on nVent Electric from $188.00 to $200.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Wall Street Zen cut nVent Electric from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 17th. Weiss Ratings downgraded shares of nVent Electric from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday. Royal Bank Of Canada raised their price objective on shares of nVent Electric from $200.00 to $208.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 14th. Finally, Evercore reaffirmed an “outperform” rating and set a $210.00 target price on shares of nVent Electric in a research report on Monday, August 3rd.

nVent Electric Stock Performance

NVT stock opened at $125.42 on Tuesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.33 and a current ratio of 1.80. The stock has a market cap of $20.30 billion, a P/E ratio of 34.27, a P/E/G ratio of 0.68 and a beta of 1.35. The firm has a 50 day simple moving average of $155.70 and a 200 day simple moving average of $156.88. nVent Electric has a 52 week low of $93.22 and a 52 week high of $184.64.

nVent Electric (NYSE:NVT) last announced its quarterly earnings results on Friday, July 31st. The company reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.29. The business had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.26 billion. nVent Electric had a return on equity of 18.85% and a net margin of 12.38%. The firm’s revenue was up 52.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.86 EPS. nVent Electric has set its Q3 2026 guidance at 1.350-1.380 EPS and its FY 2026 guidance at 5.000-5.100 EPS. Research analysts anticipate that nVent Electric will post 5.16 earnings per share for the current fiscal year.

nVent Electric Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 6th. Shareholders of record on Friday, October 23rd will be paid a dividend of $0.21 per share. The ex-dividend date is Friday, October 23rd. This represents a $0.84 dividend on an annualized basis and a yield of 0.7%. nVent Electric’s payout ratio is currently 22.95%.

Insider Activity

In other news, CEO Beth Wozniak sold 46,261 shares of the firm’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $164.42, for a total value of $7,606,233.62. Following the completion of the sale, the chief executive officer directly owned 55,612 shares in the company, valued at approximately $9,143,725.04. This trade represents a 45.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Randolph A. Wacker sold 22,525 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $164.62, for a total transaction of $3,708,065.50. Following the sale, the chief accounting officer directly owned 27,441 shares in the company, valued at $4,517,337.42. This trade represents a 45.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 74,644 shares of company stock worth $12,276,886. Corporate insiders own 1.70% of the company’s stock.

Institutional Investors Weigh In On nVent Electric

A number of institutional investors have recently made changes to their positions in the stock. Hedeker Wealth LLC raised its stake in nVent Electric by 0.5% during the 3rd quarter. Hedeker Wealth LLC now owns 24,258 shares of the company’s stock worth $3,890,000 after buying an additional 125 shares during the period. Signaturefd LLC grew its stake in nVent Electric by 15.3% in the third quarter. Signaturefd LLC now owns 3,017 shares of the company’s stock valued at $484,000 after acquiring an additional 401 shares during the period. Evergreen Capital Management LLC grew its stake in nVent Electric by 1.5% in the third quarter. Evergreen Capital Management LLC now owns 6,993 shares of the company’s stock valued at $1,121,000 after acquiring an additional 106 shares during the period. Wedbush Securities Inc. grew its stake in nVent Electric by 76.1% in the third quarter. Wedbush Securities Inc. now owns 2,374 shares of the company’s stock valued at $381,000 after acquiring an additional 1,026 shares during the period. Finally, Inspire Investing LLC bought a new stake in shares of nVent Electric in the third quarter worth about $2,623,000. 90.05% of the stock is owned by institutional investors and hedge funds.

nVent Electric Company Profile

nVent Electric plc is a global provider of electrical connection, protection and management solutions. The company designs and manufactures products that help protect electrical and electronic systems, manage heat, and support the installation and operation of critical infrastructure.

Its products include electrical and electronic enclosures, industrial cooling and thermal-management systems, cable management and fastening solutions, grounding and bonding equipment, busway and power-distribution products, and related connection technologies.