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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 >
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