Atria Investments Inc Has $1.04 Million Stock Holdings in nVent Electric PLC $NVT

Atria Investments Inc lifted its position in shares of nVent Electric PLC (NYSE:NVT) by 23.2% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,169 shares of the company’s stock after buying an additional 2,668 shares during the quarter. Atria Investments Inc’s holdings in nVent Electric were worth $1,038,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Nuveen LLC bought a new position in nVent Electric during the first quarter worth about $229,615,000. American Century Companies Inc. grew its position in shares of nVent Electric by 1,869.8% during the 1st quarter. American Century Companies Inc. now owns 1,462,840 shares of the company’s stock worth $76,682,000 after purchasing an additional 1,388,578 shares in the last quarter. William Blair Investment Management LLC increased its holdings in shares of nVent Electric by 29.5% during the second quarter. William Blair Investment Management LLC now owns 3,113,936 shares of the company’s stock worth $228,096,000 after purchasing an additional 709,464 shares during the period. Valeo Financial Advisors LLC acquired a new stake in shares of nVent Electric in the second quarter valued at approximately $48,443,000. Finally, Fiduciary Management Inc. WI raised its position in shares of 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 in the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at nVent Electric

In other nVent Electric news, EVP Lynnette R. Heath sold 32,943 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $113.04, for a total value of $3,723,876.72. Following the completion of the transaction, the executive vice president owned 30,562 shares of the company’s stock, valued at $3,454,728.48. This represents a 51.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Aravind Padmanabhan sold 24,534 shares of the stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $90.00, for a total value of $2,208,060.00. Following the completion of the transaction, the executive vice president owned 12,063 shares of the company’s stock, valued at $1,085,670. This represents a 67.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 99,808 shares of company stock worth $9,708,285. Corporate insiders own 1.80% of the company’s stock.

nVent Electric Price Performance

Shares of NVT stock opened at $109.90 on Friday. The business has a fifty day simple moving average of $98.91 and a 200 day simple moving average of $81.84. The company has a market cap of $17.73 billion, a P/E ratio of 30.28, a P/E/G ratio of 1.52 and a beta of 1.40. The company has a quick ratio of 1.11, a current ratio of 1.57 and a debt-to-equity ratio of 0.44. nVent Electric PLC has a twelve month low of $41.71 and a twelve month high of $117.52.

nVent Electric (NYSE:NVT) last issued its earnings results on Friday, October 31st. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.88 by $0.03. nVent Electric had a return on equity of 14.29% and a net margin of 16.83%.The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the previous year, the firm earned $0.63 earnings per share. The business’s quarterly revenue was up 34.8% on a year-over-year basis. nVent Electric has set its Q4 2025 guidance at 0.870-0.890 EPS. FY 2025 guidance at 3.310-3.330 EPS. On average, sell-side analysts forecast that nVent Electric PLC will post 3.04 EPS for the current fiscal year.

nVent Electric Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 7th. Shareholders of record on Friday, October 17th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, October 17th. nVent Electric’s payout ratio is presently 22.04%.

Wall Street Analyst Weigh In

NVT has been the topic of a number of analyst reports. Roth Capital reissued a “buy” rating and set a $130.00 price target (up previously from $115.00) on shares of nVent Electric in a research report on Monday. Citigroup upped their target price on nVent Electric from $114.00 to $131.00 and gave the company a “buy” rating in a research report on Monday. The Goldman Sachs Group raised their price target on nVent Electric from $111.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of nVent Electric in a research report on Wednesday, October 8th. Finally, Barclays reiterated an “overweight” rating and set a $130.00 price objective on shares of nVent Electric in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $121.14.

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.