Aptus Capital Advisors LLC Raises Stake in nVent Electric PLC $NVT

Key Points

• Aptus Capital Advisors LLC increased its position in nVent Electric PLC by 12.5%, owning approximately 0.05% of the company, valued at $4.38 million as of its latest SEC filing.
• Company insiders have sold a total of 218,780 shares worth $19.59 million over the last three months, with one executive vice president reducing their position by 36.91%.
• nVent Electric reported earnings of $0.86 per share for the quarter, exceeding expectations, and set its fiscal guidance for Q3 2025 between $0.860 and $0.880 EPS.

Aptus Capital Advisors LLC increased its stake in shares of nVent Electric PLC (NYSE:NVT - Free Report) by 12.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,522 shares of the company's stock after purchasing an additional 9,278 shares during the quarter. Aptus Capital Advisors LLC owned 0.05% of nVent Electric worth $4,378,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Brooklyn Investment Group grew its stake in nVent Electric by 101.7% during the 1st quarter. Brooklyn Investment Group now owns 1,279 shares of the company's stock worth $67,000 after purchasing an additional 645 shares in the last quarter. Versor Investments LP acquired a new stake in nVent Electric in the first quarter valued at approximately $1,021,000. Corient IA LLC acquired a new stake in nVent Electric in the first quarter valued at approximately $315,000. Raymond James Financial Inc. raised its holdings in nVent Electric by 117.6% in the first quarter. Raymond James Financial Inc. now owns 425,722 shares of the company's stock valued at $22,317,000 after acquiring an additional 230,103 shares in the last quarter. Finally, Cresset Asset Management LLC acquired a new stake in nVent Electric in the first quarter valued at approximately $270,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Roth Capital reaffirmed a "buy" rating and issued a $100.00 target price (up previously from $89.00) on shares of nVent Electric in a report on Monday, August 4th. Citigroup raised their target price on shares of nVent Electric from $69.00 to $86.00 and gave the company a "buy" rating in a report on Monday, July 14th. KeyCorp raised their target price on shares of nVent Electric from $78.00 to $84.00 and gave the company an "overweight" rating in a report on Tuesday, July 15th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $102.00 target price (up previously from $85.00) on shares of nVent Electric in a report on Monday, August 4th. Finally, Barclays reaffirmed an "overweight" rating on shares of nVent Electric in a report on Monday, August 4th. One analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $87.00.

Insider Transactions at nVent Electric

In related news, EVP Jon D. Lammers sold 119,694 shares of nVent Electric stock in a transaction on Monday, August 4th. The shares were sold at an average price of $89.48, for a total value of $10,710,219.12. Following the transaction, the executive vice president directly owned 70,817 shares in the company, valued at $6,336,705.16. This trade represents a 62.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Aravind Padmanabhan sold 24,534 shares of nVent Electric stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $90.00, for a total transaction of $2,208,060.00. Following the completion of the transaction, the executive vice president owned 12,063 shares in the company, valued at approximately $1,085,670. This trade represents a 67.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 261,111 shares of company stock worth $23,367,520 over the last quarter. 1.80% of the stock is currently owned by corporate insiders.

nVent Electric Stock Performance

Shares of nVent Electric stock traded down $0.36 on Monday, hitting $89.72. The stock had a trading volume of 324,282 shares, compared to its average volume of 2,171,702. The company's 50 day moving average price is $79.20 and its 200 day moving average price is $66.27. The stock has a market cap of $14.44 billion, a price-to-earnings ratio of 25.56, a P/E/G ratio of 1.45 and a beta of 1.35. nVent Electric PLC has a 52-week low of $41.71 and a 52-week high of $92.75. The company has a current ratio of 1.67, a quick ratio of 1.20 and a debt-to-equity ratio of 0.50.

nVent Electric (NYSE:NVT - Get Free Report) last announced its earnings results on Friday, August 1st. The company reported $0.86 EPS for the quarter, beating analysts' consensus estimates of $0.79 by $0.07. nVent Electric had a net margin of 17.72% and a return on equity of 13.36%. The business had revenue of $963.10 million for the quarter, compared to analysts' expectations of $906.96 million. During the same period in the previous year, the company posted $0.82 EPS. The company's quarterly revenue was up 30.1% on a year-over-year basis. nVent Electric has set its Q3 2025 guidance at 0.860-0.880 EPS. FY 2025 guidance at 3.220-3.300 EPS. On average, research analysts anticipate that nVent Electric PLC will post 3.04 EPS for the current year.

nVent Electric Company Profile

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.