nVent Electric PLC $NVT Shares Purchased by Merit Financial Group LLC

Posted by George Bondi on Aug 13th, 2026

Merit Financial Group LLC raised its position in nVent Electric PLC (NYSE:NVT – Free Report) by 38.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,349 shares of the company’s stock after buying an additional 3,126 shares during the period. Merit Financial Group LLC’s holdings in nVent Electric were worth $1,925,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of NVT. Norges Bank purchased a new stake in shares of nVent Electric during the fourth quarter worth about $245,955,000. Price T Rowe Associates Inc. MD boosted its holdings in nVent Electric by 361.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,577,555 shares of the company’s stock valued at $262,835,000 after purchasing an additional 2,019,483 shares during the last quarter. Balyasny Asset Management L.P. boosted its holdings in nVent Electric by 3,467.1% in the third quarter. Balyasny Asset Management L.P. now owns 1,326,100 shares of the company’s stock valued at $130,807,000 after purchasing an additional 1,288,924 shares during the last quarter. Merewether Investment Management LP acquired a new stake in nVent Electric during the 2nd quarter valued at approximately $78,222,000. Finally, Amundi grew its stake in nVent Electric by 146.8% during the 1st quarter. Amundi now owns 1,092,802 shares of the company’s stock valued at $129,257,000 after purchasing an additional 649,992 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at nVent Electric

In other nVent Electric news, insider Der Kolk Robert J. Van sold 5,858 shares of nVent Electric stock in a transaction on Monday, August 10th. The shares were sold at an average price of $164.32, for a total value of $962,586.56. Following the completion of the transaction, the insider owned 27,387 shares of the company’s stock, valued at $4,500,231.84. The trade was a 17.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Randolph A. Wacker sold 22,525 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $164.62, for a total transaction of $3,708,065.50. Following the sale, the chief accounting officer owned 27,441 shares of the company’s stock, valued at approximately $4,517,337.42. The trade was a 45.08% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 74,644 shares of company stock valued at $12,276,886. Corporate insiders own 1.70% of the company’s stock.

nVent Electric Stock Up 2.6%

Shares of nVent Electric stock opened at $171.56 on Thursday. The company has a quick ratio of 1.33, a current ratio of 1.80 and a debt-to-equity ratio of 0.37. The firm has a market cap of $27.77 billion, a P/E ratio of 46.87, a P/E/G ratio of 1.40 and a beta of 1.37. nVent Electric PLC has a fifty-two week low of $85.72 and a fifty-two week high of $184.64. The business has a 50-day moving average price of $161.18 and a 200 day moving average price of $142.20.

nVent Electric (NYSE:NVT – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The company reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.29. nVent Electric had a return on equity of 18.85% and a net margin of 12.38%.The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.26 billion. During the same quarter in the prior year, the firm posted $0.86 earnings per share. nVent Electric’s revenue for the quarter was up 52.8% compared to the same quarter last year. nVent Electric has set its Q3 2026 guidance at 1.350-1.380 EPS and its FY 2026 guidance at 5.000-5.100 EPS. On average, sell-side analysts forecast that nVent Electric PLC will post 5.13 earnings per share for the current fiscal year.

nVent Electric declared that its board has approved a stock buyback plan on Saturday, May 16th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the company to repurchase up to 1.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its stock is undervalued.

nVent Electric Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Friday, July 24th were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Friday, July 24th. nVent Electric’s dividend payout ratio is currently 22.95%.

Analyst Ratings Changes

A number of brokerages have issued reports on NVT. Zacks Research raised nVent Electric from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 4th. Citigroup raised their price target on shares of nVent Electric from $203.00 to $215.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Wolfe Research restated an “outperform” rating and issued a $191.00 price target on shares of nVent Electric in a research note on Thursday, July 9th. Weiss Ratings upgraded shares of nVent Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $187.00 price target on shares of nVent Electric in a report on Monday, May 4th. Three analysts have rated the stock with a Strong Buy rating and fourteen have given a Buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $198.79.

Read Our Latest Research Report on nVent Electric

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.