nVent Electric PLC Share News

The industrials sector offers the least attractive price/value propositions in S&P 500 in my view. NVT looks attractive based on fundamentals, sentiment, and valuation, with a price target range of $88-$99 per share. NVT operates through three primary business segments, showing steady revenue growth and potential for future economic value.

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 signed a definitive agreement under which it will sell its majority interest in Trachte, LLC ("Trachte"), a leading provider of highly engineered protection and control buildings with mission critical a...

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 acquire the parent of Trachte, LLC for a purchase price of $695 million, subject to customary adjustments. Trachte is a leading manufacturer of custom-engineered control building solutions designe...

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 Conference on Tuesday, June 4, 2024. Chief Executive Officer Beth Wozniak will present at 12:00 p.m. CT. A webcast will be available on nVent's Investor Relations website at https://investors.nven...

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 share repurchase program pursuant to which the Company may repurchase up to $500 million of nVent shares. The program begins on July 23, 2024, upon the expiration of nVent's current share repurchase...

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 the close of business on July 19, 2024. About nVent nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer...

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 Transportation & Industrials Conference on Tuesday, May 21, 2024. Chief Financial Officer Sara Zawoyski will present at 11:45 a.m. ET. A webcast will be available on nVent's Investor Relations website at https:...

nVent Electric plc (NYSE:NVT ) Q1 2024 Earnings Conference Call May 3, 2024 9:00 AM ET Company Participants Tony Riter - VP, IR Beth Wozniak - Chairman and CEO Sara Zawoyski - EVP and CFO Conference Call Participants Deane Dray - RBC Capital Markets Julian Mitchell - Barclays Nigel Coe - Wolfe Research Joseph Ritchie - Goldman Sachs Jeffrey Hammond - KeyBanc Capital Markets Jeffrey Sprague - Ve...