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nVent Electric plcNVT
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Overview >
Market Cap
8.09B
Revenue (ttm)
3.01B
Net Income (ttm)
331.80M
Shares Out
165.02M
EPS (ttm)
1.97
PE Ratio
24.38
Forward PE
15.84
Dividend
$0.80 (1.67%)
Ex-Dividend Date
Apr 25, 2025
Volume
1,241,156
Open
48.81
Previous Close
49.27
Day's Range
47.83 - 49.11
52-Week Range
41.71 - 86.57
Beta
1.20
Analysts
Strong Buy
Price Target
74.25 (+51.5%)
Earnings Date
May 2, 2025
Description >

nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection products worldwide.

The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management.

The Enclosures segment provides solutions to connect and protect critical electronics, communication, control, and power equipment; physical infrastructure solutions to host, connect, and protect server and network equipment; indoor and outdoor protection for test and measurement and aerospace and defense applications in industrial, infrastructure, commercial, and energy verticals; and metallic and non-metallic enclosures, cabinets, sub racks, and backplanes.

The Electrical & Fastening Solutions segment offers fastening solutions to connect and protect electrical and mechanical systems, and civil structures; and engineered electrical and fastening products.

The Thermal Management segment offers electric thermal solutions that connect and protect buildings, infrastructure, industrial processes, and people; and provides thermal management systems comprising heat tracing, floor heating, fire-rated and specialty wiring, sensing, and snow melting and de-icing solutions.

It sells its products under the CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF, and TRACER brands. The company markets its products through electrical distributors, data center contractors, original equipment manufacturers, and maintenance contractors.

It serves the energy, industrial, infrastructure, and commercial and residential sectors. The company was founded in 1903 and is based in London, the United Kingdom.

Latest News >
Prudential Financial Insider Sold Shares Worth $322,028, According to a Recent SEC Filing
Prudential Financial Insider Sold Shares Worth $322,028, According to a Recent SEC Filing
Aug 23, 2024
02:30 PM EDT, 08/22/2024 (MT Newswires) -- Ann M Kappler, Executive Vice President and General Counsel, on August 21, 2024, sold 2,839 shares in Prudential Financial ( PRU ) for $322,028. Following the Form 4 filing with the SEC, Kappler has control over a total of 15,357 shares of the company, with 14,535 shares held directly and 822 controlled indirectly....
Update: Market Chatter: Blackstone in Talks to Acquire Hyatt Clearwater Beach Resort From Westmont
Update: Market Chatter: Blackstone in Talks to Acquire Hyatt Clearwater Beach Resort From Westmont
Aug 23, 2024
02:35 PM EDT, 08/22/2024 (MT Newswires) -- (Updates with the company's response in the fourth paragraph.) Blackstone (BX) is in negotiations to acquire the Hyatt Regency Clearwater Beach Resort and Spa in Florida from Westmont Hospitality Group for about $200 million, Bloomberg reported Wednesday, citing people with knowledge of the matter. The deal has not been finalized and could still...
US FDA clears COVID shots targeting newer variants ahead of fall campaign
US FDA clears COVID shots targeting newer variants ahead of fall campaign
Aug 23, 2024
Aug 22 (Reuters) - The U.S. Food and Drug Administration said on Thursday it has approved updated COVID-19 vaccines made by Pfizer ( PFE ) and Moderna ( MRNA ) targeting newer variants of the disease in time for a fall vaccination campaign. The health regulator approved the shots to target the KP.2 variant, which dominated infections in recent months....
FDA Approves Updated COVID Vaccines From Pfizer And Moderna, But Leaves Out Novavax's Shot
FDA Approves Updated COVID Vaccines From Pfizer And Moderna, But Leaves Out Novavax's Shot
Aug 23, 2024
Thursday, the FDA granted emergency use authorization (EUA) for updated mRNA COVID-19 vaccines (2024-2025 formula) to include a monovalent (single) component that corresponds to the Omicron variant KP.2 strain of SARS-CoV-2. The approval comes for the updated vaccines from Moderna Inc ( MRNA ) and Pfizer Inc ( PFE ) / BioNTech SE ( BNTX ) . The mRNA COVID-19...
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