Eisler Capital Management Ltd. Purchases 27,946 Shares of nVent Electric PLC $NVT

Key Points

• Eisler Capital Management Ltd. increased its stake in nVent Electric PLC by 22.4%, acquiring an additional 27,946 shares, bringing its total holdings to 152,506 shares valued at approximately $7.99 million.
• Several hedge funds have significantly boosted their positions in nVent Electric, including XTX Topco Ltd. with a 192.2% increase and Farther Finance Advisors LLC with a 381.0% increase during the first quarter.
• Analysts are optimistic about nVent Electric, with Citigroup raising its price target from $69.00 to $86.00 and multiple firms rating the stock as a "buy" with an average target price of $87.00.

Eisler Capital Management Ltd. raised its position in nVent Electric PLC (NYSE:NVT - Free Report) by 22.4% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 152,506 shares of the company's stock after buying an additional 27,946 shares during the period. Eisler Capital Management Ltd. owned about 0.09% of nVent Electric worth $7,991,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. XTX Topco Ltd boosted its position in shares of nVent Electric by 192.2% in the 1st quarter. XTX Topco Ltd now owns 12,284 shares of the company's stock worth $644,000 after purchasing an additional 8,080 shares during the last quarter. Farther Finance Advisors LLC boosted its position in shares of nVent Electric by 381.0% in the 1st quarter. Farther Finance Advisors LLC now owns 1,996 shares of the company's stock worth $106,000 after purchasing an additional 1,581 shares during the last quarter. GAMMA Investing LLC raised its stake in nVent Electric by 74.3% during the 1st quarter. GAMMA Investing LLC now owns 3,476 shares of the company's stock worth $182,000 after buying an additional 1,482 shares during the period. Janney Montgomery Scott LLC raised its stake in nVent Electric by 6.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 27,252 shares of the company's stock worth $1,429,000 after buying an additional 1,591 shares during the period. Finally, Robeco Institutional Asset Management B.V. raised its stake in nVent Electric by 27.4% during the 1st quarter. Robeco Institutional Asset Management B.V. now owns 19,307 shares of the company's stock worth $1,012,000 after buying an additional 4,149 shares during the period. 90.05% of the stock is currently owned by institutional investors.

Insider Activity at nVent Electric

In other news, Director Herbert K. Parker sold 20,597 shares of the stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $89.88, for a total transaction of $1,851,258.36. Following the transaction, the director owned 15,070 shares of the company's stock, valued at $1,354,491.60. This represents a 57.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Aravind Padmanabhan sold 24,534 shares of the stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $90.00, for a total transaction of $2,208,060.00. Following the transaction, the executive vice president directly owned 12,063 shares in the company, valued at $1,085,670. This trade represents a 67.04% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 261,111 shares of company stock worth $23,367,520. 2.50% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts recently commented on the company. Citigroup raised their price objective on nVent Electric from $69.00 to $86.00 and gave the stock a "buy" rating in a research note on Monday, July 14th. Barclays reaffirmed an "overweight" rating on shares of nVent Electric in a research note on Monday, August 4th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $102.00 price objective (up previously from $85.00) on shares of nVent Electric in a research note on Monday, August 4th. The Goldman Sachs Group raised their price objective on nVent Electric from $78.00 to $87.00 and gave the stock a "buy" rating in a research note on Monday, July 7th. Finally, Roth Capital reissued a "buy" rating and issued a $100.00 price target (up previously from $89.00) on shares of nVent Electric in a research note on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company's stock. According to MarketBeat.com, nVent Electric currently has an average rating of "Buy" and an average target price of $87.00.

nVent Electric Stock Performance

Shares of NVT opened at $90.93 on Wednesday. The company has a current ratio of 1.67, a quick ratio of 1.20 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $14.63 billion, a P/E ratio of 25.91, a price-to-earnings-growth ratio of 1.44 and a beta of 1.35. The firm's fifty day simple moving average is $80.00 and its two-hundred day simple moving average is $66.59. nVent Electric PLC has a 12 month low of $41.71 and a 12 month high of $92.75.

nVent Electric (NYSE:NVT - Get Free Report) last issued its quarterly 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. The business had revenue of $963.10 million for the quarter, compared to analysts' expectations of $906.96 million. nVent Electric had a net margin of 17.72% and a return on equity of 13.36%. The business's quarterly revenue was up 30.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.82 earnings per share. nVent Electric has set its Q3 2025 guidance at 0.860-0.880 EPS. FY 2025 guidance at 3.220-3.300 EPS. As a group, analysts predict that nVent Electric PLC will post 3.04 EPS for the current year.

About nVent Electric

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.

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