Seaport Res Ptn Forecasts Weaker Earnings for nVent Electric

nVent Electric plc (NYSE:NVT - Free Report) - Analysts at Seaport Res Ptn cut their Q2 2025 earnings per share estimates for nVent Electric in a research note issued on Monday, May 5th. Seaport Res Ptn analyst S. Graham now expects that the company will post earnings per share of $0.79 for the quarter, down from their prior estimate of $0.81. Seaport Res Ptn has a "Strong-Buy" rating on the stock. The consensus estimate for nVent Electric's current full-year earnings is $3.04 per share. Seaport Res Ptn also issued estimates for nVent Electric's Q3 2025 earnings at $0.82 EPS, Q4 2025 earnings at $0.77 EPS, FY2025 earnings at $3.04 EPS, Q1 2026 earnings at $0.76 EPS, Q2 2026 earnings at $0.84 EPS, Q3 2026 earnings at $0.89 EPS and Q4 2026 earnings at $0.84 EPS.

A number of other research firms have also commented on NVT. Royal Bank of Canada lifted their price objective on nVent Electric from $73.00 to $75.00 and gave the stock an "outperform" rating in a research note on Monday, May 5th. The Goldman Sachs Group dropped their price objective on nVent Electric from $86.00 to $74.00 and set a "buy" rating on the stock in a research note on Wednesday, April 2nd. KeyCorp lifted their price objective on nVent Electric from $60.00 to $72.00 and gave the stock an "overweight" rating in a research note on Monday, May 5th. Citigroup dropped their price objective on nVent Electric from $85.00 to $59.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, Barclays lifted their price objective on nVent Electric from $65.00 to $70.00 and gave the stock an "overweight" rating in a research note on Monday, May 5th. Six analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $70.00.

nVent Electric Stock Up 5.9%

Shares of NYSE:NVT traded up $3.62 on Wednesday, reaching $65.10. The company had a trading volume of 868,492 shares, compared to its average volume of 1,909,185. nVent Electric has a twelve month low of $41.71 and a twelve month high of $86.57. The stock has a 50-day moving average price of $53.86 and a 200 day moving average price of $64.81. The stock has a market capitalization of $10.72 billion, a P/E ratio of 33.21, a P/E/G ratio of 1.48 and a beta of 1.24. The company has a quick ratio of 1.28, a current ratio of 1.73 and a debt-to-equity ratio of 0.65.

nVent Electric (NYSE:NVT - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.66 by $0.01. nVent Electric had a return on equity of 14.52% and a net margin of 10.09%. The firm had revenue of $809.30 million during the quarter, compared to analysts' expectations of $790.74 million. During the same quarter last year, the firm earned $0.78 earnings per share. The business's revenue for the quarter was up 10.5% on a year-over-year basis.

nVent Electric Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, April 25th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.23%. The ex-dividend date of this dividend was Friday, April 25th. nVent Electric's payout ratio is currently 22.86%.

Insider Transactions at nVent Electric

In other nVent Electric news, EVP Lynnette R. Heath sold 4,041 shares of the company's stock in a transaction 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 now owns 32,665 shares of the company's stock, valued at approximately $2,003,997.75. This represents a 11.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Nordea Investment Management AB lifted its holdings in nVent Electric by 16.9% during the 4th quarter. Nordea Investment Management AB now owns 93,172 shares of the company's stock worth $6,378,000 after buying an additional 13,483 shares in the last quarter. Harbor Capital Advisors Inc. bought a new stake in shares of nVent Electric during the 4th quarter valued at $1,520,000. TT International Asset Management LTD raised its position in shares of nVent Electric by 20.4% during the 4th quarter. TT International Asset Management LTD now owns 108,395 shares of the company's stock valued at $7,388,000 after acquiring an additional 18,376 shares during the last quarter. LVM Capital Management Ltd. MI raised its position in shares of nVent Electric by 8.1% during the 4th quarter. LVM Capital Management Ltd. MI now owns 151,221 shares of the company's stock valued at $10,307,000 after acquiring an additional 11,349 shares during the last quarter. Finally, Pacer Advisors Inc. raised its position in shares of nVent Electric by 12.4% during the 4th quarter. Pacer Advisors Inc. now owns 55,790 shares of the company's stock valued at $3,803,000 after acquiring an additional 6,175 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company's stock.

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.