The price of nVent Electric plc (NYSE:NVT) shares last traded on Wall Street rose 1.69% to $69.76.
NVT stock price is now 17.40% away from the 50-day moving average and 5.73% away from the 200-day moving average. The market capitalization of the company currently stands at $11.48B.
With the price target maintained at $74, Seaport Research Partners recently Upgraded its rating from Neutral to Buy for nVent Electric plc (NYSE: NVT). On March 17, 2025, CL King Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $70, while ‘KeyBanc Capital Markets’ rates the stock as ‘Overweight’
In other news, Heath Lynnette R, EVP & Chief HR Officer sold 4,041 shares of the company’s stock on May 08 ’25. The stock was sold for $247,915 at an average price of $61.35. Upon completion of the transaction, the EVP & Chief HR Officer now directly owns 32,665 shares in the company, valued at $2.28 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 08 ’25, Officer Heath Lynnette R bought 4,041 shares of the business’s stock. A total of $247,916 was incurred on buying the stock at an average price of $61.35. A total of 1.33% of the company’s stock is owned by insiders.
During the past 12 months, nVent Electric plc has had a low of $41.71 and a high of $82.05. As of last week, the company has a debt-to-equity ratio of 0.52, a current ratio of 2.87, and a quick ratio of 2.42.
The net profit margin was 18.22% and return on equity was 7.63% for NVT. For the current quarter, analysts expect NVT to generate $906.96M in revenue.
