NVT stock icon

nVent Electric

78.17 USD
+0.68
0.88%
Updated Dec 3, 9:47 AM EST
1 day
0.88%
5 days
0.28%
1 month
13.64%
3 months
23.37%
6 months
-1.65%
Year to date
34.47%
1 year
43.30%
5 years
223.02%
10 years
206.55%
 

About: nVent is a leading global provider of electrical connection and protection solutions that touches a broad range of end markets including infrastructure, industrial, commercial, and residential. NVent designs, manufacturers, markets, installs, and services a portfolio of electrical enclosures and electrical fastening solutions. nVent currently has three reportable segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management. Thermal Management is expected to be sold by early 2025. North America accounts for the majority of sales.

Employees: 11,300

0
Funds holding %
of 6,780 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

3.6% less ownership

Funds ownership: 91.47% [Q2] → 87.88% (-3.6%) [Q3]

5% less funds holding

Funds holding: 655 [Q2] → 623 (-32) [Q3]

11% less capital invested

Capital invested by funds: $11.6B [Q2] → $10.3B (-$1.32B) [Q3]

13% less repeat investments, than reductions

Existing positions increased: 206 | Existing positions reduced: 237

30% less first-time investments, than exits

New positions opened: 75 | Existing positions closed: 107

33% less funds holding in top 10

Funds holding in top 10: 9 [Q2] → 6 (-3) [Q3]

73% less call options, than puts

Call options by funds: $20.5M | Put options by funds: $75.1M

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$80
2%
upside
Avg. target
$83
6%
upside
High target
$86
10%
upside

4 analyst ratings

positive
100%
neutral
0%
negative
0%
RBC Capital
Deane Dray
67% 1-year accuracy
33 / 49 met price target
2%upside
$80
Outperform
Maintained
4 Nov 2024
Keybanc
Jeffrey Hammond
73% 1-year accuracy
22 / 30 met price target
7%upside
$84
Overweight
Maintained
14 Oct 2024
Barclays
Julian Mitchell
73% 1-year accuracy
51 / 70 met price target
10%upside
$86
Overweight
Maintained
2 Oct 2024
Keybanc
Jeffrey Hammond
73% 1-year accuracy
22 / 30 met price target
2%upside
$80
Overweight
Upgraded
4 Sept 2024

Financial journalist opinion

Based on 4 articles about NVT published over the past 30 days

Neutral
Business Wire
1 week ago
nVent Electric plc to Participate in the Goldman Sachs Industrials & Materials Conference
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced its participation in the Goldman Sachs Industrials & Materials Conference on Wednesday, December 4, 2024. Chief Financial Officer Sara Zawoyski will present at 10:40 a.m. ET. A webcast will be available on nVent's Investor Relations website at https://investors.nvent.com/events-and-presentations. About nVent nVent is a leading global provider o.
nVent Electric plc to Participate in the Goldman Sachs Industrials & Materials Conference
Neutral
Business Wire
2 weeks ago
nVent to Showcase AI-Enabling High-Performance Liquid Cooling and Power Distribution Solutions at SC24
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that it will unveil its latest liquid cooling innovations for high-performance computing and AI at SC24. nVent is a leader and innovator in liquid cooling with a strong track record of solving the toughest cooling challenges for global cloud service providers and collaborating to support the future of AI computing. nVent provides standard and custo.
nVent to Showcase AI-Enabling High-Performance Liquid Cooling and Power Distribution Solutions at SC24
Neutral
Business Wire
2 weeks ago
nVent Collaborates with NVIDIA on AI-Ready Liquid Cooling Solutions
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that it is collaborating with NVIDIA (NYSE:NVDA) to deploy liquid cooling solutions at scale supporting the NVIDIA GB200 NVL72 and next-generation platforms. The collaboration is expected to deliver cutting-edge, built-to-spec liquid cooling technology to enhance the performance and energy efficiency of NVIDIA-powered data centers. nVent is a leade.
nVent Collaborates with NVIDIA on AI-Ready Liquid Cooling Solutions
Positive
Zacks Investment Research
2 weeks ago
OSIS vs. NVT: Which Stock Is the Better Value Option?
Investors looking for stocks in the Electronics - Miscellaneous Components sector might want to consider either OSI Systems (OSIS) or nVent Electric (NVT). But which of these two companies is the best option for those looking for undervalued stocks?
OSIS vs. NVT: Which Stock Is the Better Value Option?
Neutral
Seeking Alpha
1 month ago
nVent Electric plc (NVT) Q3 2024 Earnings Call Transcript
nVent Electric plc (NYSE:NVT ) Q3 2024 Earnings Conference Call November 1, 2024 9:00 AM ET Company Participants Tony Riter - Vice President of Investor Relations Beth Wozniak - Chief Executive Officer Sara Zawoyski - Interim President of Enclosures and Chief Financial Officer Conference Call Participants Julian Mitchell - Barclays Jeffrey Sprague - Vertical Research Nigel Coe - Wolfe Research Deane Dray - RBC Capital Markets Joseph Ritchie - Goldman Sachs Vladimir Bystricky - Citigroup Nicole DeBlase - Deutsche Bank Jeffrey Hammond - KeyBanc Capital Markets Brian Drab - William Blair David Silver - CL King Operator Good day and welcome to the nVent Electric Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
nVent Electric plc (NVT) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
OSIS or NVT: Which Is the Better Value Stock Right Now?
Investors interested in Electronics - Miscellaneous Components stocks are likely familiar with OSI Systems (OSIS) and nVent Electric (NVT). But which of these two companies is the best option for those looking for undervalued stocks?
OSIS or NVT: Which Is the Better Value Stock Right Now?
Neutral
Zacks Investment Research
1 month ago
nVent (NVT) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for nVent (NVT) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
nVent (NVT) Reports Q3 Earnings: What Key Metrics Have to Say
Positive
Zacks Investment Research
1 month ago
NVent Electric (NVT) Surpasses Q3 Earnings Estimates
NVent Electric (NVT) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.84 per share a year ago.
NVent Electric (NVT) Surpasses Q3 Earnings Estimates
Negative
Benzinga
1 month ago
BJ's Restaurants Posts Downbeat Earnings, Joins nVent Electric, Amcor And Other Big Stocks Moving Lower In Friday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining around 0.5% on Friday.
BJ's Restaurants Posts Downbeat Earnings, Joins nVent Electric, Amcor And Other Big Stocks Moving Lower In Friday's Pre-Market Session
Neutral
Business Wire
1 month ago
nVent Electric plc Third Quarter 2024 Financial Results Available on Company's Website
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, reported third quarter 2024 financial results today through an earnings release posted on the company's Investor Relations website at http://investors.nvent.com. The earnings release will be furnished with the Securities and Exchange Commission on a Form 8-K and available here. The company will also hold a conference call with analysts and investors at 9:00 a.m. E.
nVent Electric plc Third Quarter 2024 Financial Results Available on Company's Website
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