nVent Electric plc (NVT)
| Market Cap | 11.71B |
| Revenue (ttm) | 3.40B |
| Net Income (ttm) | 578.40M |
| Shares Out | 166.02M |
| EPS (ttm) | 3.43 |
| PE Ratio | 20.57 |
| Forward PE | 20.92 |
| Dividend | $0.76 (1.08%) |
| Ex-Dividend Date | Jul 19, 2024 |
| Volume | 1,948,695 |
| Open | 71.72 |
| Previous Close | 70.33 |
| Day's Range | 70.35 - 72.92 |
| 52-Week Range | 45.61 - 86.57 |
| Beta | 1.30 |
| Analysts | Strong Buy |
| Price Target | 89.00 (+26.17%) |
| Earnings Date | Aug 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]
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 StatementsAnalyst Forecast
According to 6 analysts, the average rating for NVT stock is "Strong Buy." The 12-month stock price forecast is $89.0, which is an increase of 26.17% from the latest price.
News
nVent Electric plc to Release Second Quarter 2024 Financial Results and Host Earnings Conference Call on Tuesday, August 6
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, will report second quarter 2024 financial results on Tuesday, Augu...
Palladium Equity Partners Completes $695 Million Sale of Trachte to nVent
NEW YORK and OREGON, Wis., July 16, 2024 /PRNewswire/ -- Palladium Equity Partners, LLC (along with its affiliates, "Palladium"), a middle market private equity firm, announced today that it has compl...
nVent Completes Acquisition of Trachte
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...
Palladium Equity Partners Agrees to Sell Trachte, LLC to nVent for $695 Million
NEW YORK and OREGON, Wis. , June 6, 2024 /PRNewswire/ -- Palladium Equity Partners, LLC (along with its affiliates, "Palladium"), a middle market private equity firm, announced today that it has signe...
nVent to Acquire Trachte
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that it has entered into a definitive agreement to...
nVent Electric plc to Participate in the William Blair Growth Stock 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 William Blair Growth Stock...
nVent Announces Share Repurchase Authorization
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that its Board of Directors has approved a 3-year s...
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 August 2, 2024, to shareholders of record at...
nVent Electric plc to Participate in the Wolfe Global Transportation & Industrials 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 Wolfe Global Transportatio...
nVent Electric plc First 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 first quarter 2024 financial results today through an earn...
nVent Electric plc to Release First Quarter 2024 Financial Results and Host Earnings Conference Call on Friday, May 3
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, will report first quarter 2024 financial results on Friday, May 3,...
nVent's New 2023 Sustainability Report Details Meaningful Progress Across its Focus Areas of People, Products, Planet and Governance
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced the release of its 2023 Sustainability Report. The ...
nVent Opens New Life Cycle Services Center in Pasadena, Texas
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced the opening of its nVent TRACER Life Cycle Services...
nVent Named One of the World's Most Ethical Companies®
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced it has been recognized as one of the World's Most E...
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...
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 ...
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 ...
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...
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...
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...
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...
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...
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...
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...
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