Insider Selling: nVent Electric (NYSE:NVT) EVP Sells 27,471 Shares of Stock

Key Points

• Insider sale: EVP Lynnette Heath sold 27,471 shares at an average of $167.59 on May 6 for about $4.60M, cutting her stake by 42.55% to 37,089 shares (≈$6.22M).
• Shares dropped roughly 3.3% to $166.87 on volume of ~2.54M; the stock has a market cap of $26.99B, a P/E of 55.44, and a 52-week range of $60.46–$174.50.
• Earnings and payout: nVent beat Q1 estimates with $1.09 EPS and $1.24B revenue (revenue +53.5% YoY), issued Q2 and FY2026 EPS guidance (Q2: 1.120–1.150; FY: 4.450–4.550), and declared a $0.21 quarterly dividend (0.5% yield).

nVent Electric PLC (NYSE:NVT - Get Free Report) EVP Lynnette Heath sold 27,471 shares of nVent Electric stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $167.59, for a total transaction of $4,603,864.89. Following the completion of the sale, the executive vice president owned 37,089 shares of the company's stock, valued at approximately $6,215,745.51. This trade represents a 42.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

nVent Electric Stock Down 3.3%

Shares of NYSE:NVT traded down $5.62 during midday trading on Thursday, reaching $166.87. The company had a trading volume of 2,537,485 shares, compared to its average volume of 2,346,485. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.70 and a quick ratio of 1.21. The stock's fifty day moving average price is $125.23 and its 200-day moving average price is $113.86. The stock has a market capitalization of $26.99 billion, a P/E ratio of 55.44, a PEG ratio of 1.60 and a beta of 1.32. nVent Electric PLC has a one year low of $60.46 and a one year high of $174.50.

nVent Electric (NYSE:NVT - Get Free Report) last issued its quarterly earnings results on Friday, May 1st. The company reported $1.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.94 by $0.15. The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.11 billion. nVent Electric had a net margin of 11.37% and a return on equity of 16.82%. The business's revenue was up 53.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.67 earnings per share. nVent Electric has set its Q2 2026 guidance at 1.120-1.150 EPS and its FY 2026 guidance at 4.450-4.550 EPS. Equities research analysts expect that nVent Electric PLC will post 4.55 earnings per share for the current fiscal year.

nVent Electric Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 24th will be paid a dividend of $0.21 per share. The ex-dividend date is Friday, April 24th. This represents a $0.84 annualized dividend and a yield of 0.5%. nVent Electric's payout ratio is presently 27.91%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on NVT. Wall Street Zen lowered shares of nVent Electric from a "strong-buy" rating to a "buy" rating in a research note on Monday, February 23rd. Barclays boosted their target price on shares of nVent Electric from $150.00 to $190.00 and gave the company an "overweight" rating in a research note on Monday. Evercore reiterated an "outperform" rating and set a $190.00 target price on shares of nVent Electric in a research note on Monday. Weiss Ratings lowered shares of nVent Electric from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday. Finally, KeyCorp boosted their target price on shares of nVent Electric from $140.00 to $185.00 and gave the company an "overweight" rating in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, nVent Electric presently has an average rating of "Buy" and an average price target of $184.20.

Hedge Funds Weigh In On nVent Electric

Several institutional investors have recently modified their holdings of NVT. AQR Capital Management LLC grew its position in shares of nVent Electric by 33.1% during the first quarter. AQR Capital Management LLC now owns 94,968 shares of the company's stock worth $4,841,000 after acquiring an additional 23,606 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in nVent Electric by 575.6% in the first quarter. Jones Financial Companies Lllp now owns 8,803 shares of the company's stock worth $461,000 after purchasing an additional 7,500 shares during the period. Geneos Wealth Management Inc. lifted its holdings in nVent Electric by 436.0% in the first quarter. Geneos Wealth Management Inc. now owns 1,072 shares of the company's stock worth $56,000 after purchasing an additional 872 shares during the period. Marshall Wace LLP lifted its holdings in nVent Electric by 31.8% in the second quarter. Marshall Wace LLP now owns 41,061 shares of the company's stock worth $3,008,000 after purchasing an additional 9,898 shares during the period. Finally, Cresset Asset Management LLC lifted its holdings in nVent Electric by 57.7% in the second quarter. Cresset Asset Management LLC now owns 8,136 shares of the company's stock worth $596,000 after purchasing an additional 2,977 shares during the period. Institutional investors own 90.05% of the company's stock.

About nVent Electric

nVent Electric PLC is a global manufacturer of electrical connection, protection and thermal management solutions. The company designs, engineers and produces a broad portfolio of products aimed at enhancing safety, reliability and performance in electrical systems across a variety of industries. Its core offerings include electrical enclosures, heat tracing systems, grounding and bonding products, cable management, and fastening solutions. nVent serves markets such as commercial and industrial construction, oil and gas, telecommunications, data centers, utilities, and renewable energy.

The company's electrical enclosures and housing solutions protect sensitive components from environmental hazards, while its Raychem brand heat tracing products provide freeze protection and temperature maintenance for critical piping and equipment.

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