nVent Electric (NYSE:NVT - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results before the market opens on Friday, August 1st. Analysts expect nVent Electric to post earnings of $0.79 per share and revenue of $906.96 million for the quarter. nVent Electric has set its Q2 2025 guidance at 0.770-0.790 EPS and its FY 2025 guidance at 3.030-3.130 EPS.
nVent Electric (NYSE:NVT - Get Free Report) last issued its quarterly earnings results on Friday, May 2nd. The company reported $0.67 EPS for the quarter, beating analysts' consensus estimates of $0.66 by $0.01. nVent Electric had a return on equity of 13.54% and a net margin of 18.22%. The firm had revenue of $809.30 million for the quarter, compared to analysts' expectations of $790.74 million. During the same quarter in the prior year, the firm earned $0.78 EPS. The business's revenue for the quarter was up 10.5% compared to the same quarter last year. On average, analysts expect nVent Electric to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
nVent Electric Stock Performance
Shares of NYSE:NVT traded up $1.57 during midday trading on Friday, reaching $78.66. 1,984,979 shares of the company traded hands, compared to its average volume of 1,806,810. The company has a quick ratio of 2.42, a current ratio of 2.87 and a debt-to-equity ratio of 0.48. nVent Electric has a 12 month low of $41.71 and a 12 month high of $81.20. The firm has a market capitalization of $12.95 billion, a price-to-earnings ratio of 22.48, a price-to-earnings-growth ratio of 1.53 and a beta of 1.31. The firm's fifty day moving average price is $70.92 and its two-hundred day moving average price is $63.74.
nVent Electric Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 1st. Shareholders of record on Friday, July 18th will be paid a $0.20 dividend. The ex-dividend date is Friday, July 18th. This represents a $0.80 dividend on an annualized basis and a yield of 1.02%. nVent Electric's dividend payout ratio is currently 22.86%.
Insider Activity at nVent Electric
In related news, EVP Lynnette R. Heath sold 4,041 shares of the firm's stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $61.35, for a total transaction of $247,915.35. Following the completion of the transaction, the executive vice president owned 32,665 shares of the company's stock, valued at $2,003,997.75. This trade represents a 11.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.80% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. increased its holdings in shares of nVent Electric by 436.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,072 shares of the company's stock worth $56,000 after purchasing an additional 872 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of nVent Electric by 575.6% in the first quarter. Jones Financial Companies Lllp now owns 8,803 shares of the company's stock valued at $461,000 after acquiring an additional 7,500 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in shares of nVent Electric by 33.1% in the first quarter. AQR Capital Management LLC now owns 94,968 shares of the company's stock valued at $4,841,000 after acquiring an additional 23,606 shares in the last quarter. Institutional investors own 90.05% of the company's stock.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on NVT shares. Wall Street Zen upgraded nVent Electric from a "hold" rating to a "buy" rating in a research report on Saturday, July 12th. Roth Capital started coverage on nVent Electric in a report on Wednesday. They set a "buy" rating and a $89.00 target price for the company. Barclays increased their target price on nVent Electric from $74.00 to $80.00 and gave the company an "overweight" rating in a report on Wednesday, July 9th. The Goldman Sachs Group increased their target price on nVent Electric from $78.00 to $87.00 and gave the company a "buy" rating in a report on Monday, July 7th. Finally, Citigroup increased their target price on nVent Electric from $69.00 to $86.00 and gave the company a "buy" rating in a report on Monday, July 14th. Seven analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $81.57.
Get Our Latest Report on NVT
About nVent Electric
(
Get Free Report)
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.
Featured Articles
Before you consider nVent Electric, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and nVent Electric wasn't on the list.
While nVent Electric currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
