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

nVent Electric (NYSE:NVT) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 2.980-3.080 for the period, compared to the consensus EPS 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.

nVent Electric Stock Performance

NYSE:NVT opened at $67.85 on Friday. The company has a current ratio of 1.73, a quick ratio of 1.36 and a debt-to-equity ratio of 0.65. The company has a 50-day moving average of $70.68 and a 200-day moving average of $70.29. nVent Electric has a twelve month low of $56.44 and a twelve month high of $86.57. The firm has a market cap of $11.18 billion, a price-to-earnings ratio of 34.62, a price-to-earnings-growth ratio of 3.01 and a beta of 1.26.

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

nVent Electric Increases Dividend

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

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. KeyCorp boosted their price objective on nVent Electric from $80.00 to $84.00 and gave the stock an “overweight” rating in a report on Monday, October 14th. Barclays upped their price target on shares of nVent Electric from $76.00 to $88.00 and gave the company an “overweight” rating in a research report on Thursday, December 5th. Citigroup lowered their price objective on shares of nVent Electric from $91.00 to $90.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Finally, Royal Bank of Canada increased their target price on nVent Electric from $85.00 to $86.00 and gave the company an “outperform” rating in a report on Friday. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $86.33.

Insider Buying and Selling at nVent Electric

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

nVent Electric Company Profile

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.