nVent Electric PLC $NVT Stock Position Raised by Park Avenue Securities LLC

Park Avenue Securities LLC lifted its stake in nVent Electric PLC (NYSE:NVT) by 123.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,704 shares of the company’s stock after purchasing an additional 18,059 shares during the quarter. Park Avenue Securities LLC’s holdings in nVent Electric were worth $2,396,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. SVB Wealth LLC bought a new position in shares of nVent Electric during the 1st quarter valued at $25,000. Capital A Wealth Management LLC bought a new position in nVent Electric in the 4th quarter worth approximately $27,000. Whipplewood Advisors LLC increased its holdings in shares of nVent Electric by 467.3% during the 1st quarter. Whipplewood Advisors LLC now owns 607 shares of the company’s stock worth $32,000 after purchasing an additional 500 shares during the period. Hughes Financial Services LLC bought a new position in nVent Electric during the first quarter valued at about $36,000. Finally, Park Square Financial Group LLC bought a new stake in nVent Electric in the 4th quarter valued at $38,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

nVent Electric Stock Performance

Shares of NVT stock opened at $97.67 on Wednesday. The company’s fifty day simple moving average is $88.37 and its 200-day simple moving average is $70.96. The company has a quick ratio of 1.20, a current ratio of 1.67 and a debt-to-equity ratio of 0.50. nVent Electric PLC has a 12 month low of $41.71 and a 12 month high of $101.06. The firm has a market cap of $15.72 billion, a PE ratio of 27.83, a P/E/G ratio of 1.56 and a beta of 1.39.

nVent Electric (NYSE:NVT) last issued its quarterly earnings results on Friday, August 1st. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.79 by $0.07. nVent Electric had a net margin of 17.72% and a return on equity of 13.36%. The firm had revenue of $963.10 million for the quarter, compared to analysts’ expectations of $906.96 million. During the same period in the previous year, the firm posted $0.82 EPS. The company’s revenue for the quarter 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. Equities research analysts expect that nVent Electric PLC will post 3.04 EPS for the current fiscal year.

nVent Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 7th. Stockholders of record on Friday, October 17th will be paid a dividend of $0.20 per share. The ex-dividend date is Friday, October 17th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.8%. nVent Electric’s dividend payout ratio is currently 22.79%.

Wall Street Analysts Forecast Growth

NVT has been the topic of several analyst reports. Roth Capital reiterated a “buy” rating and issued a $100.00 price objective (up from $89.00) on shares of nVent Electric in a research note on Monday, August 4th. Wall Street Zen upgraded nVent Electric from a “hold” rating to a “buy” rating in a research report on Saturday, July 12th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $102.00 target price (up previously from $85.00) on shares of nVent Electric in a research note on Monday, August 4th. KeyCorp raised their price target on nVent Electric from $78.00 to $84.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 15th. Finally, The Goldman Sachs Group lifted their price target on shares of nVent Electric from $99.00 to $111.00 and gave the stock a “buy” rating in a research report on Tuesday, September 16th. One equities research analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company’s stock. According to MarketBeat.com, nVent Electric presently has a consensus rating of “Buy” and an average price target of $90.43.

Insider Activity at nVent Electric

In other nVent Electric news, insider Sara E. Zawoyski sold 22,109 shares of the company’s stock in a transaction on 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 sale, the insider directly owned 66,640 shares of the company’s stock, valued at approximately $5,966,945.60. This represents a 24.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Lynnette R. Heath sold 17,853 shares of the company’s stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $89.33, for a total transaction of $1,594,808.49. Following the sale, the executive vice president directly owned 30,512 shares in the company, valued at $2,725,636.96. This trade represents a 36.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 261,111 shares of company stock worth $23,367,520. Insiders own 2.50% 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.