nVent Electric plc (NYSE:NVT – Free Report) – Investment analysts at William Blair reduced their Q1 2025 EPS estimates for nVent Electric in a research report issued to clients and investors on Friday, February 7th. William Blair analyst B. Drab now anticipates that the company will earn $0.66 per share for the quarter, down from their previous estimate of $0.73. The consensus estimate for nVent Electric’s current full-year earnings is $3.03 per share. William Blair also issued estimates for nVent Electric’s Q3 2025 earnings at $0.80 EPS, Q4 2025 earnings at $0.80 EPS, FY2025 earnings at $3.04 EPS and FY2026 earnings at $3.40 EPS.
Several other equities analysts have also weighed in on NVT. KeyCorp increased their price objective on shares of nVent Electric from $80.00 to $84.00 and gave the company an “overweight” rating in a research report on Monday, October 14th. Barclays increased their price objective on shares of nVent Electric from $76.00 to $88.00 and gave the company an “overweight” rating in a research report on Thursday, December 5th. Royal Bank of Canada increased their price objective on shares of nVent Electric from $85.00 to $86.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Citigroup dropped their price objective on shares of nVent Electric from $91.00 to $90.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $86.33.
nVent Electric Stock Performance
NYSE NVT opened at $68.43 on Monday. The company has a current ratio of 1.73, a quick ratio of 1.36 and a debt-to-equity ratio of 0.65. The firm’s fifty day moving average price is $70.68 and its two-hundred day moving average price is $70.24. nVent Electric has a 1 year low of $56.44 and a 1 year high of $86.57. The firm has a market capitalization of $11.28 billion, a P/E ratio of 34.91, a price-to-earnings-growth ratio of 3.01 and a beta of 1.26.
nVent Electric (NYSE:NVT – Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.59 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.59. nVent Electric had a net margin of 10.09% and a return on equity of 14.52%.
nVent Electric Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Friday, January 17th were paid a $0.20 dividend. The ex-dividend date was Friday, January 17th. This is an increase from nVent Electric’s previous quarterly dividend of $0.19. This represents a $0.80 annualized dividend and a dividend yield of 1.17%. nVent Electric’s dividend payout ratio is 40.82%.
Insider Activity at nVent Electric
In other nVent Electric news, Director Jerry W. Burris sold 6,558 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $80.00, for a total transaction of $524,640.00. Following the sale, the director now directly owns 45,040 shares in the company, valued at $3,603,200. This represents a 12.71 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 2.50% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On nVent Electric
A number of large investors have recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB grew its stake in nVent Electric by 26.5% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 773 shares of the company’s stock worth $53,000 after buying an additional 162 shares in the last quarter. CIBC Asset Management Inc grew its stake in nVent Electric by 3.6% during the third quarter. CIBC Asset Management Inc now owns 4,823 shares of the company’s stock worth $339,000 after buying an additional 166 shares in the last quarter. Calamos Advisors LLC boosted its stake in shares of nVent Electric by 1.6% in the 4th quarter. Calamos Advisors LLC now owns 11,468 shares of the company’s stock valued at $782,000 after purchasing an additional 176 shares in the last quarter. Larson Financial Group LLC boosted its stake in shares of nVent Electric by 91.9% in the 3rd quarter. Larson Financial Group LLC now owns 378 shares of the company’s stock valued at $27,000 after purchasing an additional 181 shares in the last quarter. Finally, Huntington National Bank boosted its stake in shares of nVent Electric by 57.3% in the 3rd quarter. Huntington National Bank now owns 612 shares of the company’s stock valued at $43,000 after purchasing an additional 223 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.
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.
Read More
- Five stocks we like better than nVent Electric
- Value Investing: Is it a Good Strategy in 2022? (Hint: Always)
- Merck: 4 No-Brainer Reasons to Buy This Dip
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Ackman Announces Major Stake in Uber: Should You Follow His Lead?
- How to Invest in the Best Canadian Stocks
- Wells Fargo Upgraded These 3 Stocks—Here’s Why They Stand Out
Receive News & Ratings for nVent Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for nVent Electric and related companies with MarketBeat.com's FREE daily email newsletter.