nVent Electric PLC $NVT Stock Holdings Boosted by Haverford Trust Co

Haverford Trust Co raised its position in nVent Electric PLC (NYSE:NVT) by 27.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 702,452 shares of the company’s stock after acquiring an additional 149,306 shares during the quarter. Haverford Trust Co’s holdings in nVent Electric were worth $36,823,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in NVT. Capital A Wealth Management LLC bought a new position in nVent Electric in the 4th quarter worth approximately $27,000. Park Square Financial Group LLC bought a new position in shares of nVent Electric in the fourth quarter worth $38,000. Whipplewood Advisors LLC increased its stake in nVent Electric by 467.3% during the 1st quarter. Whipplewood Advisors LLC now owns 607 shares of the company’s stock valued at $32,000 after buying an additional 500 shares during the period. Hughes Financial Services LLC acquired a new position in nVent Electric during the 1st quarter valued at about $36,000. Finally, First Horizon Advisors Inc. increased its stake in shares of nVent Electric by 58.0% during the first quarter. First Horizon Advisors Inc. now owns 817 shares of the company’s stock valued at $43,000 after acquiring an additional 300 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

nVent Electric Price Performance

NYSE NVT opened at $90.0070 on Friday. The company has a current ratio of 1.67, a quick ratio of 1.20 and a debt-to-equity ratio of 0.50. The company has a fifty day simple moving average of $79.20 and a 200 day simple moving average of $66.25. The company has a market cap of $14.49 billion, a P/E ratio of 25.64, a P/E/G ratio of 1.42 and a beta of 1.35. nVent Electric PLC has a 1 year low of $41.71 and a 1 year high of $92.75.

nVent Electric (NYSE:NVT) last released its quarterly earnings results on Friday, August 1st. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.07. nVent Electric had a net margin of 17.72% and a return on equity of 13.36%. The company had revenue of $963.10 million during the quarter, compared to analysts’ expectations of $906.96 million. During the same period in the prior year, the company earned $0.82 earnings per share. The business’s quarterly revenue was up 30.1% compared to the same quarter last year. nVent Electric has set its Q3 2025 guidance at 0.860-0.880 EPS. FY 2025 guidance at 3.220-3.300 EPS. On average, sell-side analysts predict that nVent Electric PLC will post 3.04 EPS for the current year.

Wall Street Analyst Weigh In

NVT has been the topic of several research analyst reports. Citigroup lifted their price target on nVent Electric from $69.00 to $86.00 and gave the company a “buy” rating in a research report on Monday, July 14th. Wall Street Zen upgraded nVent Electric from a “hold” rating to a “buy” rating in a report on Saturday, July 12th. Royal Bank Of Canada restated an “outperform” rating and issued a $102.00 target price (up from $85.00) on shares of nVent Electric in a report on Monday, August 4th. KeyCorp lifted their target price on shares of 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 objective on shares of nVent Electric from $78.00 to $87.00 and gave the stock a “buy” rating in a research report on Monday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the stock. Based on data from MarketBeat.com, nVent Electric presently has a consensus rating of “Buy” and a consensus price target of $87.00.

Insider Buying and Selling

In related news, CAO Randolph A. Wacker sold 3,000 shares of the firm’s stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $89.09, for a total value of $267,270.00. Following the completion of the transaction, the chief accounting officer directly owned 27,525 shares of the company’s stock, valued at $2,452,202.25. This trade represents a 9.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Sara E. Zawoyski sold 22,109 shares of the firm’s stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $89.54, for a total transaction of $1,979,639.86. Following the transaction, the insider directly owned 66,640 shares of the company’s stock, valued at $5,966,945.60. The trade was a 24.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 261,111 shares of company stock worth $23,367,520. 1.80% of the stock is currently owned by corporate insiders.

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.