nVent Electric (NYSE:NVT) Releases Earnings Results, Beats Expectations By $0.07 EPS

Key Points

• nVent Electric reported quarterly earnings of $0.86 EPS, exceeding estimates by $0.07 EPS, and revenue reached $963.10 million, up 30.1% year-over-year.
• The company declared a quarterly dividend of $0.20 per share, representing a 0.9% dividend yield and a payout ratio of 22.86%.
• Shares of nVent Electric rose 14.4% following the earnings announcement, with analysts projecting positive growth and a consensus target price of $81.57.

nVent Electric (NYSE:NVT - Get Free Report) announced its earnings results on Friday. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.07, Zacks reports. The business had revenue of $963.10 million for the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same quarter last year, the firm earned $0.82 EPS. nVent Electric updated its Q3 2025 guidance to 0.860-0.880 EPS and its FY 2025 guidance to 3.220-3.300 EPS.

nVent Electric Price Performance

NVT stock traded down $2.13 during trading on Tuesday, hitting $88.36. The stock had a trading volume of 676,481 shares, compared to its average volume of 2,204,183. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.67 and a quick ratio of 1.20. nVent Electric has a twelve month low of $41.71 and a twelve month high of $91.52. The stock has a market capitalization of $14.55 billion, a P/E ratio of 25.14, a PEG ratio of 1.69 and a beta of 1.35. The company's 50-day moving average price is $73.00 and its two-hundred day moving average price is $64.17.

nVent Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 1st. Investors of record on Saturday, January 1st were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 0.9%. The ex-dividend date was Friday, July 18th. nVent Electric's payout ratio is presently 22.79%.

Insider Transactions at nVent Electric

In other news, EVP Lynnette R. Heath sold 4,041 shares of the business'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 transaction, the executive vice president directly owned 32,665 shares in the company, valued at $2,003,997.75. The trade was a 11.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 2.50% of the company's stock.

Institutional Trading of nVent Electric

Several institutional investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. raised its position in shares of nVent Electric by 436.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,072 shares of the company's stock valued at $56,000 after buying an additional 872 shares during the period. Jones Financial Companies Lllp raised its position in shares of nVent Electric by 575.6% during the 1st quarter. Jones Financial Companies Lllp now owns 8,803 shares of the company's stock valued at $461,000 after buying an additional 7,500 shares during the period. Finally, AQR Capital Management LLC raised its position in shares of nVent Electric by 33.1% during the 1st quarter. AQR Capital Management LLC now owns 94,968 shares of the company's stock valued at $4,841,000 after buying an additional 23,606 shares during the period. Hedge funds and other institutional investors own 90.05% of the company's stock.

Wall Street Analyst Weigh In

NVT has been the subject of a number of recent analyst reports. Royal Bank Of Canada raised their price objective on nVent Electric from $85.00 to $102.00 and gave the stock an "outperform" rating in a research report on Monday. Citigroup raised their price objective on nVent Electric from $69.00 to $86.00 and gave the stock a "buy" rating in a research report on Monday, July 14th. Wall Street Zen raised nVent Electric from a "hold" rating to a "buy" rating in a research report on Saturday, July 12th. Roth Capital reissued a "buy" rating and issued a $100.00 price objective (up previously from $89.00) on shares of nVent Electric in a research report on Monday. Finally, KeyCorp raised their price objective on nVent Electric from $78.00 to $84.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 15th. Eight analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, nVent Electric has a consensus rating of "Buy" and an average price target of $87.00.

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.