nVent Electric PLC (NYSE:NVT) Given Consensus Recommendation of “Buy” by Analysts

21 Jun 2026, 09:46 by Michael Walen · The Markets Daily

Shares of nVent Electric PLC (NYSE:NVT – Get Free Report) have been given an average rating of “Buy” by the fifteen analysts that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $189.50.

Several analysts recently weighed in on NVT shares. Glj Research started coverage on nVent Electric in a research note on Thursday, March 5th. They set a “buy” rating and a $151.00 target price for the company. The Goldman Sachs Group increased their target price on nVent Electric from $150.00 to $187.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Weiss Ratings downgraded nVent Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Royal Bank Of Canada increased their target price on nVent Electric from $151.00 to $180.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. Finally, Melius Research started coverage on nVent Electric in a research note on Tuesday, June 16th. They set a “buy” rating and a $214.00 target price for the company.

Read Our Latest Stock Analysis on nVent Electric

Insider Transactions at nVent Electric

In other nVent Electric news, EVP Aravind Padmanabhan sold 15,942 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $174.00, for a total value of $2,773,908.00. Following the completion of the transaction, the executive vice president owned 23,243 shares of the company’s stock, valued at $4,044,282. This represents a 40.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Lynnette R. Heath sold 27,471 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $167.59, for a total value of $4,603,864.89. Following the completion of the transaction, the executive vice president directly 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 disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 87,685 shares of company stock worth $14,961,768. 1.70% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On nVent Electric

Hedge funds have recently modified their holdings of the stock. Manchester Capital Management LLC raised its holdings in shares of nVent Electric by 128.1% in the 4th quarter. Manchester Capital Management LLC now owns 308 shares of the company’s stock worth $31,000 after buying an additional 173 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new position in shares of nVent Electric in the 4th quarter worth approximately $32,000. Advisory Services Network LLC acquired a new position in shares of nVent Electric in the 3rd quarter worth approximately $35,000. Elyxium Wealth LLC acquired a new position in shares of nVent Electric in the 4th quarter worth approximately $36,000. Finally, Headlands Technologies LLC raised its holdings in shares of nVent Electric by 522.9% in the 2nd quarter. Headlands Technologies LLC now owns 517 shares of the company’s stock worth $38,000 after buying an additional 434 shares in the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

nVent Electric Stock Performance

NVT opened at $177.20 on Tuesday. The company has a market cap of $28.66 billion, a PE ratio of 58.87, a price-to-earnings-growth ratio of 1.68 and a beta of 1.35. The stock has a 50-day moving average of $157.94 and a 200-day moving average of $127.72. nVent Electric has a 52-week low of $68.60 and a 52-week high of $179.03. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.21 and a current ratio of 1.70.

nVent Electric (NYSE:NVT – Get Free Report) last released its quarterly earnings results on Friday, May 1st. The company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.15. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.11 billion. nVent Electric had a return on equity of 16.82% and a net margin of 11.37%.The firm’s revenue was up 53.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.67 EPS. 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. As a group, equities research analysts forecast that nVent Electric will post 4.55 earnings per share for the current fiscal year.

nVent Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Friday, July 24th will be paid a dividend of $0.21 per share. The ex-dividend date is Friday, July 24th. This represents a $0.84 annualized dividend and a yield of 0.5%. nVent Electric’s dividend payout ratio is presently 27.91%.

nVent Electric declared that its board has approved a stock repurchase plan on Saturday, May 16th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the company to buy up to 1.8% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

About nVent Electric

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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.