Fiduciary Management Inc. WI Buys 585,449 Shares of nVent Electric PLC $NVT

Key Points

• Fiduciary Management Inc. increased its stake in nVent Electric PLC to 2,120,222 shares, reflecting a 38.1% rise in the first quarter, valued at approximately $111.14 million.
• Institutional investors now hold 90.05% of nVent Electric's shares, with notable increases from firms like Whipplewood Advisors LLC and First Horizon Advisors Inc.
• nVent Electric reported a quarterly earnings per share of $0.86, surpassing analyst expectations, and set guidance for Q3 2025 at 0.860-0.880 EPS.

Fiduciary Management Inc. WI lifted its stake in nVent Electric PLC (NYSE:NVT - Free Report) by 38.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,120,222 shares of the company's stock after purchasing an additional 585,449 shares during the quarter. Fiduciary Management Inc. WI owned about 1.29% of nVent Electric worth $111,142,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Ameriprise Financial Inc. boosted its holdings in nVent Electric by 45.6% in the first quarter. Ameriprise Financial Inc. now owns 1,440,890 shares of the company's stock worth $75,531,000 after acquiring an additional 451,561 shares in the last quarter. Hsbc Holdings PLC raised its position in shares of nVent Electric by 32.4% in the 1st quarter. Hsbc Holdings PLC now owns 50,670 shares of the company's stock worth $2,623,000 after purchasing an additional 12,386 shares during the last quarter. Aptus Capital Advisors LLC boosted its stake in nVent Electric by 12.5% in the 1st quarter. Aptus Capital Advisors LLC now owns 83,522 shares of the company's stock worth $4,378,000 after purchasing an additional 9,278 shares in the last quarter. Brooklyn Investment Group grew its position in nVent Electric by 101.7% during the 1st quarter. Brooklyn Investment Group now owns 1,279 shares of the company's stock valued at $67,000 after purchasing an additional 645 shares during the last quarter. Finally, Versor Investments LP bought a new stake in nVent Electric during the 1st quarter valued at about $1,021,000. Hedge funds and other institutional investors own 90.05% of the company's stock.

Analyst Ratings Changes

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

nVent Electric Stock Performance

NYSE NVT traded up $0.67 on Wednesday, hitting $91.51. 615,643 shares of the company traded hands, compared to its average volume of 2,164,104. The business's 50 day moving average price is $80.00 and its 200-day moving average price is $66.59. 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. The company has a market capitalization of $14.73 billion, a price-to-earnings ratio of 26.08, a P/E/G ratio of 1.44 and a beta of 1.35.

nVent Electric (NYSE:NVT - Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.79 by $0.07. The firm had revenue of $963.10 million for the quarter, compared to the consensus estimate of $906.96 million. nVent Electric had a return on equity of 13.36% and a net margin of 17.72%.The business's revenue for the quarter was up 30.1% compared to the same quarter last year. During the same quarter last year, the company earned $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. Equities analysts expect that nVent Electric PLC will post 3.04 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Herbert K. Parker sold 20,597 shares of the stock in a transaction on Monday, August 4th. The shares were sold at an average price of $89.88, for a total value of $1,851,258.36. Following the completion of the sale, the director directly owned 15,070 shares of the company's stock, valued at $1,354,491.60. This represents a 57.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, 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 transaction of $10,710,219.12. Following the transaction, the executive vice president owned 70,817 shares in the company, valued at approximately $6,336,705.16. This trade represents a 62.83% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 261,111 shares of company stock valued at $23,367,520. Insiders own 2.50% of the company's stock.

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.