nVent Electric plc (NVT)

NYSE: NVT · IEX Real-Time Price · USD
66.19
-0.05 (-0.08%)
Feb 28, 2024, 1:02 PM EST - Market open
-0.08%
Market Cap 10.91B
Revenue (ttm) 3.26B
Net Income (ttm) 567.10M
Shares Out 165.07M
EPS (ttm) 3.37
PE Ratio 19.62
Forward PE 20.16
Dividend $0.76 (1.15%)
Ex-Dividend Date Apr 25, 2024
Volume 269,092
Open 66.10
Previous Close 66.24
Day's Range 65.80 - 66.64
52-Week Range 40.00 - 66.95
Beta 1.32
Analysts Strong Buy
Price Target 64.75 (-2.18%)
Earnings Date Feb 6, 2024

About NVT

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. The Enclosures segment provides solutions to protect electronics and data in mission critical applications, including data solutions. This segment also offers digital and automation solutions... [Read more]

Sector Industrials
Founded 1903
Employees 11,300
Stock Exchange NYSE
Ticker Symbol NVT
Full Company Profile

Financial Performance

In 2023, nVent Electric's revenue was $3.26 billion, an increase of 12.19% compared to the previous year's $2.91 billion. Earnings were $567.10 million, an increase of 41.85%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for NVT stock is "Strong Buy." The 12-month stock price forecast is $64.75, which is a decrease of -2.18% from the latest price.

Price Target
$64.75
(-2.18% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

nVent Announces Quarterly Cash Dividend

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) announced today that it will pay a regular quarterly cash dividend of US$0.19 per ordinary share on May 10, 2024, to shareholders of record at t...

8 days ago - Business Wire

nVent Electric plc Announces Upcoming Investor Events

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced the following investor events: Citi's 2024 Global I...

19 days ago - Business Wire

nVent Electric plc Fourth Quarter and Full-Year 2023 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 fourth quarter and full-year 2023 financial results today ...

22 days ago - Business Wire

nVent Electric plc Announces Change to Time of Earnings Conference Call on Tuesday, February 6

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, will report fourth quarter and full-year 2023 financial results on ...

4 weeks ago - Business Wire

nVent Electric plc to Release Fourth Quarter and Full Year 2023 Financial Results and Host Earnings Conference Call on Tuesday, February 6

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, will report fourth quarter and full year 2023 financial results on...

5 weeks ago - Business Wire

nVent Earns EcoVadis Gold Sustainability Rating

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that it was awarded a gold sustainability rating fr...

6 weeks ago - Business Wire

nVent Welcomes Martha Claire Bennett as Chief Marketing Officer

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced Martha Claire Bennett has joined the organization a...

7 weeks ago - Business Wire

nVent-Hyperview Collaboration Expands Power Distribution Unit Monitoring and Control

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced a collaboration with Hyperview, a leading cloud-bas...

2 months ago - Business Wire

nVent Expanding Operations to Support Data Centers Growth in Liquid Cooling

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced it will open a new distribution center in Dayton, M...

2 months ago - Business Wire

NVent Electric raises quarterly dividend by 9% to 19 cents a share

NVent Electric Plc NVT, +2.02% said Tuesday its board has agreed to hike its quarterly cash dividend by 9% to 19 cents a share. The new dividend is payable Feb. 2, 2024 to shareholders of record as of...

2 months ago - Market Watch

nVent Increases Quarterly Dividend by 9%

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) announced today that its Board of Directors declared a regular quarterly cash dividend of US$0.19 per ordinary share for the first quarter of 20...

2 months ago - Business Wire

Data Center Growth Is Robust. 4 Stocks That Benefit.

Electrical hardware and software giant Schneider Electric is expanding its partnership with Compass Datacenters.

Other symbols: ETNVRT
3 months ago - Barrons

nVent Electric plc to Participate in the Baird 2023 Global Industrial 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 Baird 2023 Global Industri...

4 months ago - Business Wire

nVent Announces Third Quarter 2023 Financial Results

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced financial results for the third quarter of 2023 and...

4 months ago - Business Wire

nVent Named to Newsweek's America's Greenest Companies 2024

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that it was recognized in the inaugural ranking of ...

4 months ago - Business Wire

nVent Electric plc to Release Third Quarter 2023 Financial Results and Host Earnings Conference Call on Friday, October 27

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, will report third quarter 2023 financial results on Friday, Octobe...

4 months ago - Business Wire

nVent Electric plc to Participate in the Morgan Stanley 11th Annual Laguna 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 Morgan Stanley 11th Annual...

6 months ago - Business Wire

nVent Electric plc Second Quarter 2023 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 second quarter 2023 financial results today through an ear...

7 months ago - Business Wire

nVent Electric plc to Release Second Quarter 2023 Financial Results and Host Earnings Conference Call on Friday, July 28

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, will report second quarter 2023 financial results on Friday, July ...

8 months ago - Business Wire

nVent Acquires TEXA Industries

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced it has acquired TEXA Industries, which will operat...

8 months ago - Business Wire

nVent's Latest ESG Report Highlights 2022 Progress

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced the release of its 2022 Environmental, Social and G...

9 months ago - Business Wire

nVent Recognized as a Top Ten Data Solutions Provider

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced it has been named a Top 10 Data Solutions Provider...

9 months ago - Business Wire

nVent to Acquire ECM Industries

NEW BERLIN, Wis. , May 18, 2023 /PRNewswire/ -- ECM Investors, LLC, the parent company of ECM Industries, LLC, announced today it has been acquired by nVent Electric plc (NYSE: NVT) ("nVent").

10 months ago - PRNewsWire

nVent Completes Acquisition of ECM Industries

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that it has completed the previously announced acq...

10 months ago - Business Wire

Sherry Aaholm Elected to nVent Board of Directors

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that Sherry Aaholm was elected to its Board of Dire...

10 months ago - Business Wire