Louisiana State Employees Retirement System Acquires Shares of 46,800 nVent Electric PLC $NVT

Posted by George Bondi on Jun 27th, 2026

Louisiana State Employees Retirement System acquired a new stake in nVent Electric PLC (NYSE:NVT – Free Report) during the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 46,800 shares of the company’s stock, valued at approximately $5,536,000.

A number of other hedge funds have also modified their holdings of the stock. TABR Capital Management LLC bought a new position in shares of nVent Electric during the fourth quarter valued at $3,284,000. Kestra Private Wealth Services LLC acquired a new stake in shares of nVent Electric during the 4th quarter worth about $599,000. Holocene Advisors LP acquired a new position in nVent Electric in the third quarter valued at about $151,265,000. Swedbank AB acquired a new position in nVent Electric in the fourth quarter valued at about $59,312,000. Finally, Kingsview Wealth Management LLC grew its stake in nVent Electric by 499.7% during the third quarter. Kingsview Wealth Management LLC now owns 45,468 shares of the company’s stock worth $4,485,000 after buying an additional 37,886 shares during the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

nVent Electric Stock Down 5.0%

Shares of NYSE NVT opened at $163.26 on Friday. nVent Electric PLC has a 1 year low of $68.90 and a 1 year high of $184.64. The firm’s 50-day moving average is $161.90 and its 200-day moving average is $129.98. The company has a current ratio of 1.70, a quick ratio of 1.21 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $26.40 billion, a PE ratio of 54.24, a price-to-earnings-growth ratio of 1.63 and a beta of 1.35.

nVent Electric (NYSE:NVT – Get Free Report) last posted its quarterly earnings results on Friday, May 1st. The company reported $1.09 earnings per share 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 business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the previous year, the firm posted $0.67 earnings per share. nVent Electric’s revenue for the quarter 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. Equities analysts expect that nVent Electric PLC will post 4.55 EPS for the current year.

nVent Electric Announces Dividend

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

nVent Electric declared that its board has initiated a stock buyback program on Saturday, May 16th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the company to purchase up to 1.8% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Barclays raised their price objective on shares of nVent Electric from $150.00 to $190.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Evercore restated an “outperform” rating and set a $190.00 price target on shares of nVent Electric in a research report on Monday, May 4th. Weiss Ratings cut nVent Electric from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Wall Street Zen upgraded nVent Electric from a “buy” rating to a “strong-buy” rating in a report on Sunday, June 21st. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $187.00 target price on shares of nVent Electric in a research note on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $189.50.

Get Our Latest Stock Analysis on NVT

Insider Activity at nVent Electric

In related news, EVP Aravind Padmanabhan sold 15,942 shares of nVent Electric stock in a transaction on Monday, May 11th. The stock was sold at an average price of $174.00, for a total transaction of $2,773,908.00. Following the completion of the sale, the executive vice president directly owned 23,243 shares of the company’s stock, valued at $4,044,282. The trade was a 40.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Randolph A. Wacker sold 4,094 shares of nVent Electric stock in a transaction on Monday, May 4th. The stock was sold at an average price of $165.57, for a total value of $677,843.58. Following the sale, the chief accounting officer directly owned 49,873 shares of the company’s stock, valued at approximately $8,257,472.61. This trade represents a 7.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 87,685 shares of company stock worth $14,961,768. 1.70% of the stock is owned by company insiders.

nVent Electric Company 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.