nVent Electric (NYSE:NVT) Updates FY 2025 Earnings Guidance

nVent Electric (NYSE:NVT) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.980-3.080 for the period, compared to the consensus earnings per share estimate of 2.980. The company issued revenue guidance of $3.2 billion-$3.3 billion, compared to the consensus revenue estimate of $3.3 billion. nVent Electric also updated its Q1 2025 guidance to 0.650-0.670 EPS.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Citigroup reduced their price objective on shares of nVent Electric from $91.00 to $90.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Barclays boosted their target price on shares of nVent Electric from $76.00 to $88.00 and gave the stock an “overweight” rating in a research report on Thursday, December 5th. KeyCorp raised their price target on nVent Electric from $80.00 to $84.00 and gave the company an “overweight” rating in a research report on Monday, October 14th. Finally, Royal Bank of Canada boosted their price objective on nVent Electric from $85.00 to $86.00 and gave the stock an “outperform” rating in a research report on Friday. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, nVent Electric currently has a consensus rating of “Buy” and an average price target of $86.33.

nVent Electric Stock Performance

NYSE NVT opened at $67.85 on Friday. The company’s fifty day moving average is $70.68 and its two-hundred day moving average is $70.29. The firm has a market capitalization of $11.18 billion, a price-to-earnings ratio of 34.62, a P/E/G ratio of 3.01 and a beta of 1.26. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.73 and a quick ratio of 1.36. nVent Electric has a 52-week low of $56.44 and a 52-week high of $86.57.

nVent Electric (NYSE:NVT) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.59 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.59. nVent Electric had a return on equity of 14.52% and a net margin of 10.09%. Equities research analysts forecast that nVent Electric will post 3.03 EPS for the current year.

nVent Electric Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 7th. Investors of record on Friday, January 17th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.18%. This is a positive change from nVent Electric’s previous quarterly dividend of $0.19. The ex-dividend date was Friday, January 17th. nVent Electric’s dividend payout ratio is presently 40.82%.

Insiders Place Their Bets

In related news, Director Jerry W. Burris sold 6,558 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $80.00, for a total value of $524,640.00. Following the completion of the transaction, the director now owns 45,040 shares of the company’s stock, valued at $3,603,200. This represents a 12.71 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Sara E. Zawoyski sold 14,505 shares of nVent Electric stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $76.76, for a total value of $1,113,403.80. Following the sale, the chief financial officer now directly owns 62,215 shares in the company, valued at $4,775,623.40. The trade was a 18.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.50% of the company’s stock.

About nVent Electric

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.