nVent Electric plc (NYSE:NVT) has a beta value of 1.23 and has seen 0.73 million shares traded in the recent trading session. The company, currently valued at $8.82B, closed the recent trade at $53.56 per share which meant it gained $3.31 on the day or 6.59% during that session. The NVT stock price is -61.63% off its 52-week high price of $86.57 and 22.12% above the 52-week low of $41.71. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.19 million shares traded. The 3-month trading volume is 2.57 million shares.
The consensus among analysts is that nVent Electric plc (NVT) is Buy stock at the moment, with a recommendation rating of 1.31. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 4 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.66.
nVent Electric plc (NYSE:NVT) trade information
Sporting 6.59% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the NVT stock price touched $53.56 or saw a rise of 3.11%. Year-to-date, nVent Electric plc shares have moved -21.42%, while the 5-day performance has seen it change 6.02%. Over the past 30 days, the shares of nVent Electric plc (NYSE:NVT) have changed -8.59%. Short interest in the company has seen 5.8 million shares shorted with days to cover at 2.41.
Wall Street analysts have a consensus price target for the stock at $84, which means that the shares’ value could jump 36.24% from the levels at last check today.. The projected low price target is $77.0 while the price target rests at a high of $88.0. In that case, then, we find that the latest price level in today’s session is -64.3% off the targeted high while a plunge would see the stock gain -43.76% from the levels at last check today..
nVent Electric plc (NVT) estimates and forecasts
The company’s shares have lost -28.88% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 8.00%.
9 analysts offering their estimates for the company have set an average revenue estimate of 790.29M for the current quarter. 9 have an estimated revenue figure of 818.72M for the next ending quarter. Year-ago sales stood 874.6M and 880.3M respectively for this quarter and the next, and analysts expect sales will shrink by -9.64% for the current quarter and 8.00% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 8.91% over the past 5 years. Earnings growth for 2025 is a modest 21.36% while over the next 5 years, the company’s earnings are expected to increase by 13.89%.
NVT Dividends
nVent Electric plc is expected to release its next earnings report on 2025-Feb-05 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.77 at a share yield of 1.44%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 1.96%.
nVent Electric plc (NYSE:NVT)’s Major holders
Insiders own 1.19% of the company shares, while shares held by institutions stand at 95.96% with a share float percentage of 97.12%. Investors are also buoyed by the number of investors in a company, with nVent Electric plc having a total of 838.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 16.73 million shares worth more than $1.28 billion. As of 2024-06-30, VANGUARD GROUP INC held 10.0705% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 15.2 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.16 billion and represent 9.151% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Franklin Managed Trust-FRANKLIN RISING DIVIDENDS FUND and iShares Trust-iShares Core S&P Mid-Cap ETF . As of Dec 31, 2024 , the former fund manager holds about 3.71% shares in the company for having 6.11 shares of worth $324.33 million while later fund manager owns 5.38 shares of worth $285.99 million as of Mar 31, 2025 , which makes it owner of about 3.27% of company’s outstanding stock.
