5,663 Shares in nVent Electric PLC $NVT Purchased by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. bought a new position in shares of nVent Electric PLC (NYSE:NVT) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 5,663 shares of the company’s stock, valued at approximately $422,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Nuveen LLC bought a new stake in nVent Electric during the first quarter worth about $229,615,000. Clean Energy Transition LLP raised its stake in nVent Electric by 6.8% in the first quarter. Clean Energy Transition LLP now owns 2,260,068 shares of the company’s stock valued at $118,473,000 after buying an additional 144,403 shares during the period. Fiduciary Management Inc. WI raised its stake in nVent Electric by 38.1% in the first quarter. Fiduciary Management Inc. WI now owns 2,120,222 shares of the company’s stock valued at $111,142,000 after buying an additional 585,449 shares during the period. Dimensional Fund Advisors LP raised its stake in nVent Electric by 25.0% in the first quarter. Dimensional Fund Advisors LP now owns 2,115,452 shares of the company’s stock valued at $110,885,000 after buying an additional 422,640 shares during the period. Finally, Champlain Investment Partners LLC raised its stake in nVent Electric by 40.1% in the first quarter. Champlain Investment Partners LLC now owns 1,783,105 shares of the company’s stock valued at $93,470,000 after buying an additional 510,535 shares during the period. Institutional investors own 90.05% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. Wall Street Zen upgraded nVent Electric from a “hold” rating to a “buy” rating in a research note on Saturday, July 12th. The Goldman Sachs Group upped their price objective on nVent Electric from $99.00 to $111.00 and gave the company a “buy” rating in a research note on Tuesday, September 16th. Citigroup restated a “buy” rating on shares of nVent Electric in a research note on Thursday, October 9th. Royal Bank Of Canada restated an “outperform” rating and issued a $102.00 price objective (up previously from $85.00) on shares of nVent Electric in a research note on Monday, August 4th. Finally, Roth Capital restated a “buy” rating and issued a $100.00 price objective (up previously from $89.00) on shares of nVent Electric in a research note on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $99.71.

Insider Buying and Selling at nVent Electric

In related news, CEO Beth Wozniak sold 42,331 shares of the stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $89.21, for a total transaction of $3,776,348.51. Following the sale, the chief executive officer owned 49,196 shares of the company’s stock, valued at $4,388,775.16. This represents a 46.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Aravind Padmanabhan sold 24,534 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $90.00, for a total value of $2,208,060.00. Following the sale, the executive vice president directly owned 12,063 shares in the company, valued at $1,085,670. This represents a 67.04% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 261,111 shares of company stock valued at $23,367,520 over the last ninety days. 2.50% of the stock is owned by corporate insiders.

nVent Electric Price Performance

Shares of NYSE NVT opened at $100.17 on Tuesday. The firm has a market cap of $16.12 billion, a P/E ratio of 28.54, a price-to-earnings-growth ratio of 1.48 and a beta of 1.38. The company has a current ratio of 1.67, a quick ratio of 1.20 and a debt-to-equity ratio of 0.50. nVent Electric PLC has a 1-year low of $41.71 and a 1-year high of $102.31. The business’s 50 day moving average is $94.74 and its 200-day moving average is $76.89.

nVent Electric (NYSE:NVT) last announced its earnings results on Friday, August 1st. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.07. The company had revenue of $963.10 million for the quarter, compared to analyst estimates of $906.96 million. nVent Electric had a return on equity of 13.36% and a net margin of 17.72%.The firm’s quarterly revenue was up 30.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.82 earnings per share. 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 predict that nVent Electric PLC will post 3.04 earnings per share for the current year.

nVent Electric Dividend Announcement

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

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.