Krilogy Financial LLC Trims Stock Position in nVent Electric PLC $NVT

Key Points

• Krilogy Financial LLC reduced its stake in nVent Electric PLC by 22.9% in Q2, now holding 37,508 shares valued at approximately $2.75 million.
• nVent Electric's recent earnings report exceeded analyst expectations, with $0.86 EPS against an anticipated $0.79 EPS and revenue of $963.10 million, marking a 30.1% increase year-over-year.
• Insiders, including CEO Beth Wozniak, sold significant portions of their shares, with Wozniak decreasing her holdings by 46.25% after selling over 42,000 shares.

Krilogy Financial LLC lessened its stake in shares of nVent Electric PLC (NYSE:NVT - Free Report) by 22.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,508 shares of the company's stock after selling 11,143 shares during the quarter. Krilogy Financial LLC's holdings in nVent Electric were worth $2,747,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of NVT. Nuveen LLC acquired a new position in shares of nVent Electric in the 1st quarter valued at $229,615,000. American Century Companies Inc. increased its holdings in shares of nVent Electric by 1,869.8% in the 1st quarter. American Century Companies Inc. now owns 1,462,840 shares of the company's stock valued at $76,682,000 after acquiring an additional 1,388,578 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of nVent Electric by 145.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,466,560 shares of the company's stock valued at $99,961,000 after acquiring an additional 869,906 shares during the period. Fiduciary Management Inc. WI increased its holdings in shares of nVent Electric by 38.1% in the 1st quarter. Fiduciary Management Inc. WI now owns 2,120,222 shares of the company's stock valued at $111,142,000 after acquiring an additional 585,449 shares during the period. Finally, Champlain Investment Partners LLC increased its holdings in shares of nVent Electric by 40.1% in the 1st quarter. Champlain Investment Partners LLC now owns 1,783,105 shares of the company's stock valued at $93,470,000 after acquiring an additional 510,535 shares during the period. 90.05% of the stock is owned by institutional investors and hedge funds.

nVent Electric Stock Performance

Shares of NVT opened at $96.39 on Tuesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.20 and a current ratio of 1.67. nVent Electric PLC has a 1 year low of $41.71 and a 1 year high of $97.52. The stock has a market capitalization of $15.51 billion, a P/E ratio of 27.46, a P/E/G ratio of 1.48 and a beta of 1.39. The company's fifty day moving average is $85.58 and its two-hundred day moving average is $69.28.

nVent Electric (NYSE:NVT - Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The company reported $0.86 earnings per share for the quarter, topping 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 prior year, the company posted $0.82 EPS. The business's revenue for the quarter 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, sell-side analysts predict that nVent Electric PLC will post 3.04 earnings per share for the current year.

Insider Buying and Selling at nVent Electric

In other news, CEO Beth Wozniak sold 42,331 shares of the company's stock in a transaction on Monday, August 18th. The shares were sold at an average price of $89.21, for a total transaction of $3,776,348.51. Following the transaction, the chief executive officer directly owned 49,196 shares of the company's stock, valued at $4,388,775.16. This represents a 46.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Sara E. Zawoyski sold 22,109 shares of the company's stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $89.54, for a total transaction of $1,979,639.86. Following the transaction, the insider directly owned 66,640 shares in the company, valued at approximately $5,966,945.60. This trade represents a 24.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 261,111 shares of company stock worth $23,367,520. Company insiders own 1.80% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on NVT shares. Citigroup lifted 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. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $102.00 target price (up from $85.00) on shares of nVent Electric in a report on Monday, August 4th. The Goldman Sachs Group lifted their target price on shares of nVent Electric from $78.00 to $87.00 and gave the company a "buy" rating in a report on Monday, July 7th. Roth Capital reissued a "buy" rating and issued a $100.00 price objective (up from $89.00) on shares of nVent Electric in a research note on Monday, August 4th. Finally, KeyCorp boosted their price objective on shares of nVent Electric from $78.00 to $84.00 and gave the company an "overweight" rating in a research note on Tuesday, July 15th. One research analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $87.00.

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.

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