nVent Electric PLC $NVT Shares Purchased by HB Wealth Management LLC

Posted by Brian Himes on Jul 8th, 2026

HB Wealth Management LLC lifted its stake in nVent Electric PLC (NYSE:NVT – Free Report) by 42.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,851 shares of the company’s stock after purchasing an additional 3,843 shares during the quarter. HB Wealth Management LLC’s holdings in nVent Electric were worth $1,520,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Annex Advisory Services LLC increased its stake in nVent Electric by 3.0% during the 4th quarter. Annex Advisory Services LLC now owns 3,243 shares of the company’s stock valued at $331,000 after purchasing an additional 94 shares in the last quarter. NewEdge Wealth LLC lifted its stake in shares of nVent Electric by 3.7% during the fourth quarter. NewEdge Wealth LLC now owns 2,620 shares of the company’s stock worth $267,000 after buying an additional 94 shares during the period. CI Investments Inc. lifted its stake in shares of nVent Electric by 15.6% during the third quarter. CI Investments Inc. now owns 712 shares of the company’s stock worth $70,000 after buying an additional 96 shares during the period. Laird Norton Wetherby Wealth Management LLC grew its holdings in shares of nVent Electric by 0.9% during the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 10,694 shares of the company’s stock valued at $1,055,000 after buying an additional 98 shares during the last quarter. Finally, NorthRock Partners LLC increased its position in shares of nVent Electric by 1.9% in the 3rd quarter. NorthRock Partners LLC now owns 5,620 shares of the company’s stock valued at $554,000 after acquiring an additional 104 shares during the period. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Evercore restated an “outperform” rating and issued a $190.00 target price on shares of nVent Electric in a research note on Monday, May 4th. Citigroup increased their price objective on nVent Electric from $152.00 to $187.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Weiss Ratings cut nVent Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. KeyCorp lifted their target price on nVent Electric from $140.00 to $185.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Finally, Sanford C. Bernstein set a $218.00 target price on nVent Electric and gave the company an “outperform” rating in a research report on Tuesday, June 9th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, nVent Electric currently has an average rating of “Buy” and an average price target of $189.50.

Read Our Latest Research Report on nVent Electric

Insider Transactions at nVent Electric

In related news, CAO Randolph A. Wacker sold 4,094 shares of the stock in a transaction on Monday, May 4th. The shares were sold at an average price of $165.57, for a total transaction 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 represents a 7.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Lynnette R. Heath sold 27,471 shares of the firm’s stock in a transaction on Wednesday, May 6th. The shares were 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. This represents a 42.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 87,685 shares of company stock worth $14,961,768. Insiders own 1.70% of the company’s stock.

nVent Electric Stock Down 2.3%

nVent Electric stock opened at $153.26 on Wednesday. The firm has a market cap of $24.79 billion, a price-to-earnings ratio of 50.92, a price-to-earnings-growth ratio of 1.48 and a beta of 1.36. nVent Electric PLC has a 52 week low of $68.90 and a 52 week high of $184.64. The business’s 50-day moving average price is $164.80 and its 200 day moving average price is $132.82. The company has a quick ratio of 1.21, a current ratio of 1.70 and a debt-to-equity ratio of 0.41.

nVent Electric (NYSE:NVT – Get Free Report) last announced its quarterly earnings results on Friday, May 1st. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.15. nVent Electric had a return on equity of 16.82% and a net margin of 11.37%.The company 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 company posted $0.67 earnings per share. nVent Electric’s revenue for the quarter was up 53.5% on a year-over-year basis. 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. As a group, sell-side analysts anticipate that nVent Electric PLC will post 4.56 earnings per share for the current year.

nVent Electric Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Friday, July 24th will be issued 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 is Friday, July 24th. nVent Electric’s payout ratio is 27.91%.

nVent Electric declared that its Board of Directors has authorized 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 reacquire up to 1.8% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

About nVent Electric

(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.