NYSE:NVT nVent Electric - NVT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding nVent Electric plc Please log in to your account or sign up in order to add this asset to your watchlist. $40.92 -0.14 (-0.34%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$40.00▼$41.0950-Day Range$38.42▼$46.2852-Week Range$29.19▼$46.66Volume1.12 million shsAverage Volume1.16 million shsMarket Capitalization$6.77 billionP/E Ratio17.27Dividend Yield1.71%Price Target$44.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media nVent Electric MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside7.5% Upside$44.00 Price TargetShort InterestHealthy1.24% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.01Based on 4 Articles This WeekInsider TradingSelling Shares$157,745 Sold Last QuarterProj. Earnings Growth7.00%From $2.57 to $2.75 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.27 out of 5 starsComputer And Technology Sector287th out of 612 stocksSpecial Industry Machinery, Except Metalworking Machinery Industry2nd out of 4 stocks 1.4 Analyst's Opinion Consensus RatingnVent Electric has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $44.00, nVent Electric has a forecasted upside of 7.5% from its current price of $40.92.Amount of Analyst CoveragenVent Electric has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.24% of the float of nVent Electric has been sold short.Short Interest Ratio / Days to CovernVent Electric has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in nVent Electric has recently increased by 16.76%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldnVent Electric pays a meaningful dividend of 1.68%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthnVent Electric does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of nVent Electric is 29.54%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, nVent Electric will have a dividend payout ratio of 25.45% next year. This indicates that nVent Electric will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NVT. Previous Next 3.3 News and Social Media Coverage News SentimentnVent Electric has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for nVent Electric this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for NVT on MarketBeat in the last 30 days. This is a decrease of -96% compared to the previous 30 days.MarketBeat Follows7 people have added nVent Electric to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, nVent Electric insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $157,745.00 in company stock.Percentage Held by InsidersOnly 2.00% of the stock of nVent Electric is held by insiders.Percentage Held by Institutions87.12% of the stock of nVent Electric is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for nVent Electric are expected to grow by 7.00% in the coming year, from $2.57 to $2.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of nVent Electric is 17.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.53.Price to Earnings Ratio vs. SectorThe P/E ratio of nVent Electric is 17.27, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 299.30.Price to Book Value per Share RationVent Electric has a P/B Ratio of 2.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About nVent Electric (NYSE:NVT) StocknVent Electric Plc engages in the provision of electrical connection and protection solutions. It operates through the following segments: Enclosures, Thermal Management, and Electrical & Fastening Solutions. The Enclosures segment offers solutions that protect, connect, and manage heat in critical electronics, communication, control, and power equipment. The Thermal Management segment includes electric thermal solutions that connect and protect critical buildings, infrastructure, industrial processes, and people. The Electrical & Fastening Solution segment consists of fastening solutions that connect and protect electrical and mechanical systems and civil structures. The company was founded on May 30, 2017, and is headquartered in London, the United Kingdom.Read More Receive NVT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for nVent Electric and its competitors with MarketBeat's FREE daily newsletter. Email Address NVT Stock News HeadlinesMarch 23, 2023 | finance.yahoo.comnVent Electric (NYSE:NVT) Might Have The Makings Of A Multi-BaggerMarch 16, 2023 | nasdaq.comnVent Electric Reaches Analyst Target PriceMarch 25, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!March 8, 2023 | msn.comNvent Electric touches 52-week high amid outlook for electrificationMarch 4, 2023 | msn.comnVent Electric (NVT) Declares $0.18 DividendMarch 3, 2023 | finance.yahoo.comnVent Electric (NYSE:NVT) Has Announced A Dividend Of $0.175February 24, 2023 | finanznachrichten.denVent Electric plc Fourth Quarter and Full Year 2022 Financial Results Available on Company's WebsiteFebruary 15, 2023 | finance.yahoo.comnVent Electric plc to Host Live Webcast of Investor and Analyst Meeting on March 7March 25, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!February 10, 2023 | finance.yahoo.comWhy Shares of nVent Electric Are Powering Higher This WeekFebruary 10, 2023 | seekingalpha.comnVent: Expects Margin Expansion In 2023, Which May Imply UndervaluationFebruary 8, 2023 | finance.yahoo.comnVent Electric plc (NYSE:NVT) Q4 2022 Earnings Call TranscriptFebruary 7, 2023 | finance.yahoo.comnVent Electric PLC (NVT) Hits Fresh High: Is There Still Room to Run?February 7, 2023 | msn.comnVent Electric Non-GAAP EPS of $0.66 beats by $0.08, revenue of $742M beats by $29.99MFebruary 7, 2023 | finance.yahoo.comnVent Electric plc Fourth Quarter and Full Year 2022 Financial Results Available on Company’s WebsiteFebruary 6, 2023 | finance.yahoo.comDo Fundamentals Have Any Role To Play In Driving nVent Electric plc's (NYSE:NVT) Stock Up Recently?January 27, 2023 | finance.yahoo.comCan nVent (NVT) Keep the Earnings Surprise Streak Alive?January 24, 2023 | finance.yahoo.comnVent Electric plc to Release Fourth Quarter and Full Year 2022 Financial Results and Host Earnings Conference Call on Tuesday, February 7January 18, 2023 | finance.yahoo.comHere's Why nVent Electric (NYSE:NVT) Has Caught The Eye Of InvestorsJanuary 11, 2023 | finance.yahoo.comnVent Earns EcoVadis Silver Sustainability Rating; Overall Score ImprovesJanuary 5, 2023 | msn.comWhat 3 Analyst Ratings Have To Say About nVent ElectricJanuary 2, 2023 | finance.yahoo.comShould You Think About Buying nVent Electric plc (NYSE:NVT) Now?December 16, 2022 | finance.yahoo.comnVent Electric (NYSE:NVT) Is Due To Pay A Dividend Of $0.175December 13, 2022 | msn.comCarrier, Nvent downgraded to Sector Weight at KeybancDecember 8, 2022 | finance.yahoo.comnVent (NVT) Moves to Strong Buy: Rationale Behind the UpgradeDecember 2, 2022 | finance.yahoo.comnVent Electric PLC (NVT) Hit a 52 Week High, Can the Run Continue?December 2, 2022 | finance.yahoo.comA Look At The Intrinsic Value Of nVent Electric plc (NYSE:NVT)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive NVT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for nVent Electric and its competitors with MarketBeat's FREE daily newsletter. Email Address NVT Company Calendar Ex-Dividend for 2/3 Dividend1/19/2023Dividend Payable2/03/2023Last Earnings2/07/2023Today3/25/2023Ex-Dividend for 5/12 Dividend4/27/2023Next Earnings (Estimated)5/05/2023Dividend Payable5/12/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Special industry machinery, except metalworking machinery Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:NVT CUSIPN/A CIK1720635 Webwww.nvent.com Phone442039660279FaxN/AEmployees10,400Year FoundedN/APrice Target and Rating Average Stock Price Forecast$44.00 High Stock Price Forecast$53.00 Low Stock Price Forecast$34.00 Forecasted Upside/Downside+7.5%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.37 Trailing P/E Ratio17.27 Forward P/E Ratio15.92 P/E GrowthN/ANet Income$399.80 million Net Margins13.74% Pretax Margin16.25% Return on Equity15.38% Return on Assets8.39% Debt Debt-to-Equity Ratio0.39 Current Ratio1.89 Quick Ratio1.36 Sales & Book Value Annual Sales$2.91 billion Price / Sales2.33 Cash Flow$3.08 per share Price / Cash Flow13.29 Book Value$16.52 per share Price / Book2.48Miscellaneous Outstanding Shares165,350,000Free Float162,041,000Market Cap$6.77 billion OptionableOptionable Beta1.33 Key ExecutivesBeth A. WozniakChief Executive Officer & DirectorSara E. ZawoyskiChief Financial Officer & Executive VPAravind PadmanabhanChief Technology Officer & Executive VPLynnette R. HeathChief Human Resources Officer & Executive VPJon D. LammersSecretary, Executive VP & General CounselKey CompetitorsUniversal DisplayNASDAQ:OLEDGeneracNYSE:GNRCArrow ElectronicsNYSE:ARWYandexNASDAQ:YNDXNational InstrumentsNASDAQ:NATIView All CompetitorsInsiders & InstitutionsRockefeller Capital Management L.P.Bought 24,358 shares on 3/6/2023Ownership: 0.026%Voya Investment Management LLCSold 188,346 shares on 2/28/2023Ownership: 0.929%Macquarie Group Ltd.Sold 1,220,772 shares on 2/21/2023Ownership: 0.598%Truist Financial CorpSold 47,724 shares on 2/17/2023Ownership: 0.020%Linden Thomas Advisory Services LLCBought 17,369 shares on 2/17/2023Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions NVT Stock - Frequently Asked Questions Should I buy or sell nVent Electric stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for nVent Electric in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NVT shares. View NVT analyst ratings or view top-rated stocks. What is nVent Electric's stock price forecast for 2023? 4 Wall Street research analysts have issued 1 year price objectives for nVent Electric's shares. Their NVT share price forecasts range from $34.00 to $53.00. On average, they predict the company's stock price to reach $44.00 in the next twelve months. This suggests a possible upside of 7.5% from the stock's current price. View analysts price targets for NVT or view top-rated stocks among Wall Street analysts. How have NVT shares performed in 2023? nVent Electric's stock was trading at $38.47 at the start of the year. Since then, NVT shares have increased by 6.4% and is now trading at $40.92. View the best growth stocks for 2023 here. Are investors shorting nVent Electric? nVent Electric saw a increase in short interest in February. As of February 28th, there was short interest totaling 2,020,000 shares, an increase of 16.8% from the February 13th total of 1,730,000 shares. Based on an average daily trading volume, of 1,030,000 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.2% of the shares of the stock are short sold. View nVent Electric's Short Interest. When is nVent Electric's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023. View our NVT earnings forecast. How were nVent Electric's earnings last quarter? nVent Electric plc (NYSE:NVT) announced its quarterly earnings results on Tuesday, February, 7th. The company reported $0.66 EPS for the quarter, topping analysts' consensus estimates of $0.58 by $0.08. The company earned $742 million during the quarter, compared to analyst estimates of $712.01 million. nVent Electric had a trailing twelve-month return on equity of 15.38% and a net margin of 13.74%. The firm's quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.50 earnings per share. How often does nVent Electric pay dividends? What is the dividend yield for nVent Electric? nVent Electric announced a quarterly dividend on Tuesday, February 28th. Shareholders of record on Friday, April 28th will be given a dividend of $0.175 per share on Friday, May 12th. This represents a $0.70 annualized dividend and a dividend yield of 1.71%. The ex-dividend date of this dividend is Thursday, April 27th. Read our dividend analysis for NVT. What ETFs hold nVent Electric's stock? ETFs with the largest weight of nVent Electric (NYSE:NVT) stock in their portfolio include Adaptiv Select ETF (ADPV), Schwab Ariel ESG ETF (SAEF), First Trust International Equity Opportunities ETF (FPXI), First Trust IPOX Europe Equity Opportunities ETF (FPXE), Natixis Vaughan Nelson Mid Cap ETF (VNMC), First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID), American CenturyFocused Large Cap Value ETF (FLV) and Fidelity Women's Leadership ETF (FDWM). Is nVent Electric a good dividend stock? nVent Electric (NYSE:NVT) pays an annual dividend of $0.70 per share and currently has a dividend yield of 1.68%. The dividend payout ratio is 29.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NVT will have a dividend payout ratio of 25.45% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NVT. What guidance has nVent Electric issued on next quarter's earnings? nVent Electric issued an update on its FY23 earnings guidance on Tuesday, February, 7th. The company provided earnings per share guidance of $2.51-$2.61 for the period, compared to the consensus earnings per share estimate of $2.49. The company issued revenue guidance of $2.54-$2.59 billion, compared to the consensus revenue estimate of $2.97 billion. What is Beth Wozniak's approval rating as nVent Electric's CEO? 31 employees have rated nVent Electric Chief Executive Officer Beth Wozniak on Glassdoor.com. Beth Wozniak has an approval rating of 75% among the company's employees. What other stocks do shareholders of nVent Electric own? Based on aggregate information from My MarketBeat watchlists, some companies that other nVent Electric investors own include Pentair (PNR), AbbVie (ABBV), AT&T (T), Waste Connections (WCN), Pfizer (PFE), QUALCOMM (QCOM), Allena Pharmaceuticals (ALNA), Caterpillar (CAT), CenterPoint Energy (CNP) and CVS Health (CVS). What is nVent Electric's stock symbol? nVent Electric trades on the New York Stock Exchange (NYSE) under the ticker symbol "NVT." Who are nVent Electric's major shareholders? nVent Electric's stock is owned by many different retail and institutional investors. Top institutional investors include American Century Companies Inc. (4.15%), Franklin Resources Inc. (3.37%), Dimensional Fund Advisors LP (2.29%), Neuberger Berman Group LLC (2.28%), Ariel Investments LLC (2.19%) and Boston Partners (1.99%). Insiders that own company stock include Herbert K Parker, Jerry W Burris, Joseph A Ruzynski, Michael B Faulconer, Michael L Ducker, Randall J Hogan, Randolph A Wacker, Ronald Merriman, Sara E Zawoyski and Sara E Zawoyski. View institutional ownership trends. How do I buy shares of nVent Electric? Shares of NVT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is nVent Electric's stock price today? One share of NVT stock can currently be purchased for approximately $40.92. How much money does nVent Electric make? nVent Electric (NYSE:NVT) has a market capitalization of $6.77 billion and generates $2.91 billion in revenue each year. The company earns $399.80 million in net income (profit) each year or $2.37 on an earnings per share basis. How many employees does nVent Electric have? The company employs 10,400 workers across the globe. How can I contact nVent Electric? nVent Electric's mailing address is THE MILLE 1000 GREAT WEST ROAD 8TH FLOOR (EAST), LONDON X0, TW8 9DW. The official website for the company is www.nvent.com. The company can be reached via phone at 442039660279 or via email at jc.weigelt@nvent.com. This page (NYSE:NVT) was last updated on 3/25/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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