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    nVent Electric plc

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    $NVT
    Industrial Machinery/Components
    Industrials

    nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection products in the United Kingdom and internationally. The company operates through three segments: Enclosures, Thermal Management, and Electrical & Fastening Solutions. 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; and indoor and outdoor protection for test and measurement and aerospace and defense applications. Its products also include metallic and non-metallic enclosures, cabinets, sub racks, and backplanes. The Thermal Management segment offers electric thermal solutions that connect and protect critical buildings, infrastructure, industrial processes, and people. This segment offers thermal management systems comprise heat tracing, floor heating, fire-rated and specialty wiring, sensing, and snow melting and de-icing solutions. The Electrical & Fastening Solutions segment provides fastening solutions to connect and protect electrical and mechanical systems, and civil structures. It also provides engineered electrical and fastening products. The company sells its products under the CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF, and TRACER brands. nVent Electric plc markets its products through electrical distributors, data center contractors, original equipment manufacturers, and maintenance contractors. The company serves energy, industrial, infrastructure, and commercial and residential sectors. nVent Electric plc has a strategic alliance with Power Resources International Inc. to provide rail and switch heating solutions to the North American transit industry. The company was founded in 1903 and is based in London, the United Kingdom.

    IPO Year: 2018

    Exchange: NYSE

    Website: nvent.com

    Recent Analyst Ratings for nVent Electric plc

    DatePrice TargetRatingAnalyst
    3/21/2025$74.00Neutral → Buy
    Seaport Research Partners
    3/17/2025$70.00Neutral → Buy
    CL King
    9/4/2024$80.00Sector Weight → Overweight
    KeyBanc Capital Markets
    3/11/2024$83.00Buy
    Deutsche Bank
    10/3/2023$62.00Buy
    Citigroup
    8/7/2023Neutral
    Seaport Research Partners
    7/27/2023Outperform
    William Blair
    12/13/2022Overweight → Sector Weight
    KeyBanc Capital Markets
    10/7/2022$34.00Hold
    Loop Capital
    2/9/2022$51.00 → $48.00Overweight
    Barclays
    See more ratings