nVent Electric PLC $NVT Stock Bought by Asset Management One Co. Ltd.

Key Points

• Asset Management One increased its nVent Electric stake by 229.4% in the third quarter, bringing its holdings to 95,220 shares worth approximately $15.3 million. Institutional investors collectively own 90.05% of the company.
• nVent reported quarterly earnings of $1.52 per share on $1.51 billion in revenue, beating analyst estimates and marking 43.7% year-over-year revenue growth. AI-driven data-center demand was identified as a key growth driver.
• Analysts maintain a consensus “Buy” rating with a $198.24 price target, although company insiders sold roughly $12.3 million of stock over the past three months. nVent also declared a quarterly dividend of $0.21 per share.

Asset Management One Co. Ltd. grew its position in shares of nVent Electric PLC (NYSE:NVT - Free Report) by 229.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 95,220 shares of the company's stock after buying an additional 66,316 shares during the quarter. Asset Management One Co. Ltd. owned 0.06% of nVent Electric worth $15,277,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Sequoia Financial Advisors LLC grew its holdings in nVent Electric by 16.8% during the second quarter. Sequoia Financial Advisors LLC now owns 76,540 shares of the company's stock worth $12,982,000 after acquiring an additional 11,033 shares during the period. State Street Corp raised its position in nVent Electric by 4.9% in the second quarter. State Street Corp now owns 5,313,122 shares of the company's stock worth $901,159,000 after acquiring an additional 250,248 shares in the last quarter. Alua Capital Management LP purchased a new position in nVent Electric in the first quarter worth $27,394,000. Engineers Gate Manager LP lifted its holdings in nVent Electric by 327.1% in the second quarter. Engineers Gate Manager LP now owns 33,538 shares of the company's stock valued at $5,688,000 after acquiring an additional 25,686 shares during the period. Finally, Corient Private Wealth LP lifted its holdings in nVent Electric by 96.0% in the second quarter. Corient Private Wealth LP now owns 36,357 shares of the company's stock valued at $6,167,000 after acquiring an additional 17,806 shares during the period. Institutional investors and hedge funds own 90.05% of the company's stock.

Insider Transactions at nVent Electric

In other news, CEO Beth Wozniak sold 46,261 shares of the stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $164.42, for a total transaction of $7,606,233.62. Following the transaction, the chief executive officer directly owned 55,612 shares in the company, valued at $9,143,725.04. This represents a 45.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Randolph Wacker sold 22,525 shares of the firm's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $164.62, for a total transaction of $3,708,065.50. Following the completion of the sale, the chief accounting officer directly owned 27,441 shares in the company, valued at $4,517,337.42. This represents a 45.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 74,644 shares of company stock worth $12,276,886 in the last three months. Company insiders own 1.70% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Wall Street Zen lowered shares of nVent Electric from a "strong-buy" rating to a "buy" rating in a research report on Saturday, October 17th. The Goldman Sachs Group reiterated a "buy" rating and issued a $200.00 price target on shares of nVent Electric in a report on Saturday, August 1st. Citigroup raised their price objective on shares of nVent Electric from $215.00 to $228.00 and gave the company a "buy" rating in a research note on Monday, October 12th. UBS Group reissued a "buy" rating on shares of nVent Electric in a report on Tuesday, August 25th. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating on shares of nVent Electric in a report on Friday, October 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $198.24.

nVent Electric Stock Performance

nVent Electric stock opened at $125.92 on Friday. The firm has a market capitalization of $20.38 billion, a P/E ratio of 31.76, a PEG ratio of 0.75 and a beta of 1.35. The stock has a fifty day moving average price of $152.88 and a 200 day moving average price of $144.35. nVent Electric PLC has a 52 week low of $93.22 and a 52 week high of $184.64. The company has a current ratio of 1.80, a quick ratio of 1.33 and a debt-to-equity ratio of 0.37.

nVent Electric (NYSE:NVT - Get Free Report) last released its earnings results on Friday, October 30th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.12. nVent Electric had a return on equity of 18.85% and a net margin of 12.38%. The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same period in the prior year, the business posted $0.91 earnings per share. The firm's revenue for the quarter was up 43.7% compared to the same quarter last year. Equities research analysts anticipate that nVent Electric PLC will post 5.14 earnings per share for the current year.

nVent Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 6th. Stockholders of record on Friday, October 23rd will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, October 23rd. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.7%. nVent Electric's dividend payout ratio is currently 22.95%.

nVent Electric News Roundup

Here are the key news stories impacting nVent Electric this week:

• Positive Sentiment: nVent reported third-quarter earnings of $1.52 per share, above the $1.40 analyst consensus, while revenue rose 43.7% year over year to $1.51 billion, exceeding the $1.43 billion estimate. nVent Electric third-quarter earnings report
• Positive Sentiment: Management raised its full-year outlook, with strong AI-related data-center demand identified as a key growth driver. The company’s earnings presentation and call emphasized continued demand for electrical connection, protection and power-management equipment supporting data-center construction. nVent Q3 2026 earnings and guidance
• Neutral Sentiment: Analysts are comparing nVent with Eaton, another electrical-equipment supplier benefiting from AI infrastructure spending. The comparison highlights nVent’s growth plans but also raises questions about relative share performance, valuation and exposure to tariffs. Eaton versus nVent stock comparison
• Negative Sentiment: The positive results may already have been reflected in nVent’s valuation. With shares trading at a relatively elevated earnings multiple and the stock remaining well below its recent moving averages after heavy volume, investors may be taking profits or demanding stronger upside from the raised outlook.
• Negative Sentiment: Tariff uncertainty and the risk that AI data-center demand is already priced into electrical-equipment stocks could be weighing on sentiment, even though near-term operating trends remain favorable. Electrical equipment stock risks

nVent Electric Company Profile

nVent Electric plc is a global provider of electrical connection, protection and management solutions. The company designs and manufactures products that help protect electrical and electronic systems, manage heat, and support the installation and operation of critical infrastructure.

Its products include electrical and electronic enclosures, industrial cooling and thermal-management systems, cable management and fastening solutions, grounding and bonding equipment, busway and power-distribution products, and related connection technologies.

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