Clark Capital Management Group Inc. Cuts Stake in nVent Electric PLC $NVT

Posted by Brian Himes on Jun 17th, 2026

Clark Capital Management Group Inc. lessened its stake in shares of nVent Electric PLC (NYSE:NVT – Free Report) by 9.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,657,362 shares of the company’s stock after selling 173,044 shares during the quarter. nVent Electric comprises about 1.0% of Clark Capital Management Group Inc.’s investment portfolio, making the stock its 17th biggest holding. Clark Capital Management Group Inc.’s holdings in nVent Electric were worth $169,001,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Manchester Capital Management LLC boosted its holdings in shares of nVent Electric by 128.1% during the 4th quarter. Manchester Capital Management LLC now owns 308 shares of the company’s stock valued at $31,000 after acquiring an additional 173 shares during the last quarter. Cullen Frost Bankers Inc. purchased a new stake in shares of nVent Electric during the 4th quarter valued at about $32,000. Advisory Services Network LLC purchased a new stake in shares of nVent Electric during the 3rd quarter valued at about $35,000. Elyxium Wealth LLC purchased a new position in shares of nVent Electric in the fourth quarter worth approximately $36,000. Finally, Headlands Technologies LLC boosted its holdings in shares of nVent Electric by 522.9% in the second quarter. Headlands Technologies LLC now owns 517 shares of the company’s stock worth $38,000 after buying an additional 434 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Insider Activity at nVent Electric

In other nVent Electric news, insider Sara E. Zawoyski sold 29,412 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $172.49, for a total transaction of $5,073,275.88. Following the sale, the insider owned 97,068 shares in the company, valued at approximately $16,743,259.32. This trade represents a 23.25% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Lynnette R. Heath sold 27,471 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $167.59, for a total transaction of $4,603,864.89. Following the sale, the executive vice president owned 37,089 shares in the company, valued at approximately $6,215,745.51. The trade was a 42.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 87,685 shares of company stock worth $14,961,768 in the last 90 days. Insiders own 1.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on NVT shares. Melius Research assumed coverage on shares of nVent Electric in a report on Tuesday. They set a “buy” rating and a $214.00 target price for the company. The Goldman Sachs Group upped their target price on shares of nVent Electric from $150.00 to $187.00 and gave the company a “buy” rating in a report on Monday, May 4th. Weiss Ratings cut shares of nVent Electric from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. UBS Group reaffirmed a “buy” rating on shares of nVent Electric in a report on Thursday, June 11th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $187.00 target price on shares of nVent Electric in a report on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $189.50.

Read Our Latest Research Report on nVent Electric

nVent Electric Stock Down 0.8%

Shares of NVT stock opened at $167.57 on Wednesday. nVent Electric PLC has a 12 month low of $68.60 and a 12 month high of $178.00. The stock has a market cap of $27.10 billion, a P/E ratio of 55.67, a P/E/G ratio of 1.60 and a beta of 1.35. The company has a 50 day simple moving average of $154.70 and a two-hundred day simple moving average of $126.42. The company has a current ratio of 1.70, a quick ratio of 1.21 and a debt-to-equity ratio of 0.41.

nVent Electric (NYSE:NVT – Get Free Report) last released its earnings results on Friday, May 1st. The company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.15. nVent Electric had a net margin of 11.37% and a return on equity of 16.82%. The company had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.11 billion. During the same quarter last year, the business earned $0.67 EPS. The firm’s revenue was up 53.5% compared to the same quarter last year. nVent Electric has set its Q2 2026 guidance at 1.120-1.150 EPS and its FY 2026 guidance at 4.450-4.550 EPS. On average, research analysts expect that nVent Electric PLC will post 4.55 earnings per share for the current year.

nVent Electric announced that its board has approved a share repurchase program on Saturday, May 16th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 1.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s management believes its shares are undervalued.

nVent Electric Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Friday, July 24th will be paid a dividend of $0.21 per share. The ex-dividend date is Friday, July 24th. This represents a $0.84 dividend on an annualized basis and a yield of 0.5%. nVent Electric’s dividend payout ratio (DPR) is presently 27.91%.

nVent Electric Profile

(Free Report)

nVent Electric PLC is a global manufacturer of electrical connection, protection and thermal management solutions. The company designs, engineers and produces a broad portfolio of products aimed at enhancing safety, reliability and performance in electrical systems across a variety of industries. Its core offerings include electrical enclosures, heat tracing systems, grounding and bonding products, cable management, and fastening solutions. nVent serves markets such as commercial and industrial construction, oil and gas, telecommunications, data centers, utilities, and renewable energy.

The company’s electrical enclosures and housing solutions protect sensitive components from environmental hazards, while its Raychem brand heat tracing products provide freeze protection and temperature maintenance for critical piping and equipment.