Key Takeaways NVT's power utilities business grew double digits in Q2, driven by rising power and data center needs.Infrastructure reached nearly 60% of NVT's first-half sales as the company boosts capacity for key markets.Grid modernization, aging infrastructure and AI-driven power demand could support NVT's long-term growth. nVent Electric (NVT - Free Report) is seeing strong demand in its power utilities business as electricity needs continue to rise. Power utilities grew double digits in the second quarter of 2026. Management said the growth is being supported by rising electricity demand, an aging grid and higher power requirements from data centers. The company expects power utilities to remain an important part of its infrastructure growth opportunity.
The growing use of AI is adding another source of demand. Due to rising computing needs, AI data centers require more power, which is leading to rising investment in power infrastructure. NVT serves utilities directly as well as through distribution partners. The company sees opportunities in engineered buildings and other infrastructure used around data centers as well. This gives the company an opportunity to benefit from higher power demand beyond its direct data center business.
NVT has been increasing its exposure to infrastructure, with data centers and power utilities as key areas of focus. Infrastructure accounted for nearly 60% of sales in the first half of 2026 compared with 45% in 2025. The company expects to spend about $130 million on capital expenditures in 2026, up 40% year over year. Most of the higher investment is going toward capacity for data centers, power utilities and supply-chain resilience.
The power utilities business could therefore provide NVT with another source of growth as electricity demand increases. Grid modernization and the aging power grid also support the long-term opportunity. Management said it is planning ahead with customers and suppliers to make sure it can support both markets. With double-digit power utility growth already visible and continued investment in infrastructure, the business could become an increasingly important growth driver for NVT.
The Zacks Consensus Estimate for nVent Electric’s 2026 and 2027 revenues indicates year-over-year growth of 39.96% and 18.14%, respectively.
How Do Competitors Fare Against NVTnVent Electric competes with companies like Amphenol Corporation (APH - Free Report) and Hubbell (HUBB - Free Report) in the electrical infrastructure and equipment market.
Amphenol offers high-speed and power interconnect solutions through its IT Datacom business. The company is benefiting from the rapid expansion of AI data centers, particularly through rising demand for high-speed connectivity, optics and power interconnect products. In its second quarter of 2026, Amphenol’s IT datacom sales grew 63% organically year over year, on strong AI-related demand. Further, management expects another mid-teens sequential increase in the third quarter of 2026, buoyed by strong demand for high-speed copper, fiber-optic and power solutions as AI systems become more complex.
In June 2026, Hubbell completed the acquisition of NSI Industries, a key manufacturer and supplier of electrical products. The acquisition is expected to strengthen Hubbell’s offerings in areas such as light industrial, data center and network infrastructure applications. Here, electrification trends are expected to support Hubbell's growth across the electrical industry, and the acquisition will help Hubbell expand its portfolio of infrastructure-related products for its electrical and utility customers.
NVT's Price Performance, Valuation & EstimatesShares of nVent Electric have surged 45.3% year to date against the Zacks Electronics - Miscellaneous Components industry’s decline of 20%.
nVent Electric YTD Price Return Performance
Image Source: Zacks Investment Research
From a valuation standpoint, nVent Electric trades at a forward price-to-sales ratio of 3.92X, higher than the industry’s average of 3.59X. NVT has a Value Score of D.
NVT Forward 12-Month P/S Ratio
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for nVent Electric’s 2026 and 2027 earnings per share (EPS) implies year-over-year growth of 53.1% and 24.5%, respectively. EPS estimates for 2026 and 2027 have been revised upward by 7.3% and 5.3%, respectively, over the past 30 days.
Image Source: Zacks Investment Research
nVent Electric currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
nVent Electric's strong data center and power utility demand, rising earnings estimates and capacity expansion support the case to buy despite its premium valuation.
nVent Electric PLC (NYSE:NVT – Get Free Report) has received an average recommendation of “Buy” from the seventeen analysts that are presently covering the company, MarketBeat.com reports. Fourteen investment analysts have rated the stock with a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $199.8571.
NVT has been the subject of several research analyst reports. Citigroup boosted their price objective on shares of nVent Electric from $203.00 to $215.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Wall Street Zen raised nVent Electric from a “buy” rating to a “strong-buy” rating in a research note on Sunday, June 21st. UBS Group restated a “buy” rating on shares of nVent Electric in a research report on Tuesday, August 25th. Zacks Research raised nVent Electric from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. Finally, Seaport Research Partners reiterated a “buy” rating and issued a $215.00 price target on shares of nVent Electric in a report on Monday, August 3rd.
Read Our Latest Report on nVent Electric
nVent Electric Stock Performance nVent Electric stock opened at $149.00 on Monday. The stock has a 50-day simple moving average of $159.15 and a 200 day simple moving average of $146.02. The stock has a market capitalization of $24.12 billion, a price-to-earnings ratio of 40.71, a P/E/G ratio of 1.25 and a beta of 1.37. The company has a quick ratio of 1.33, a current ratio of 1.80 and a debt-to-equity ratio of 0.37. nVent Electric has a 12-month low of $87.16 and a 12-month high of $184.64. nVent Electric (NYSE:NVT – Get Free Report) last posted its quarterly earnings data on Friday, July 31st. The company reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.29. nVent Electric had a net margin of 12.38% and a return on equity of 18.85%. The firm had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.26 billion. During the same quarter last year, the company posted $0.86 EPS. The company’s quarterly revenue was up 52.8% compared to the same quarter last year. nVent Electric has set its Q3 2026 guidance at 1.350-1.380 EPS and its FY 2026 guidance at 5.000-5.100 EPS. On average, research analysts anticipate that nVent Electric will post 5.13 earnings per share for the current fiscal year.
nVent Electric declared that its board has initiated a share repurchase plan on Saturday, May 16th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the company to repurchase up to 1.8% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.
Insider Activity In other news, CAO Randolph A. Wacker sold 22,525 shares of nVent Electric stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $164.62, for a total transaction of $3,708,065.50. Following the completion of the sale, the chief accounting officer owned 27,441 shares in the company, valued at $4,517,337.42. The trade was a 45.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Beth Wozniak sold 46,261 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $164.42, for a total transaction of $7,606,233.62. Following the sale, the chief executive officer directly owned 55,612 shares of the company’s stock, valued at approximately $9,143,725.04. This trade represents a 45.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 74,644 shares of company stock valued at $12,276,886. 1.70% of the stock is currently owned by insiders.
Institutional Inflows and Outflows A number of large investors have recently made changes to their positions in NVT. Elevation Wealth Partners LLC grew its stake in shares of nVent Electric by 554.5% during the second quarter. Elevation Wealth Partners LLC now owns 216 shares of the company’s stock worth $37,000 after purchasing an additional 183 shares during the period. Financial Consulate Inc. increased its holdings in nVent Electric by 1,431.2% in the second quarter. Financial Consulate Inc. now owns 245 shares of the company’s stock valued at $42,000 after purchasing an additional 229 shares during the last quarter. Manchester Capital Management LLC lifted its stake in nVent Electric by 128.1% in the fourth quarter. Manchester Capital Management LLC now owns 308 shares of the company’s stock valued at $31,000 after buying an additional 173 shares during the period. Cullen Frost Bankers Inc. acquired a new position in nVent Electric in the fourth quarter valued at about $32,000. Finally, Elyxium Wealth LLC bought a new position in nVent Electric during the fourth quarter worth about $36,000. Institutional investors and hedge funds own 90.05% of the company’s stock.
About nVent Electric (Get Free Report)
nVent Electric PLC is a global manufacturer of electrical connection, protection and thermal management solutions. The company designs, engineers and produces a broad portfolio of products aimed at enhancing safety, reliability and performance in electrical systems across a variety of industries. Its core offerings include electrical enclosures, heat tracing systems, grounding and bonding products, cable management, and fastening solutions. nVent serves markets such as commercial and industrial construction, oil and gas, telecommunications, data centers, utilities, and renewable energy.
The company’s electrical enclosures and housing solutions protect sensitive components from environmental hazards, while its Raychem brand heat tracing products provide freeze protection and temperature maintenance for critical piping and equipment.
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Key Takeaways NVT plans to acquire Maverick Power, adding switchgear and power distribution solutions to its portfolio.Maverick is expected to generate $700M in 2026 revenues and be EPS accretive in the first year after closing.NVT expects data center sales above $2B in 2026, with AI investment driving demand. nVent Electric (NVT - Free Report) is expanding its data center business with the planned acquisition of Maverick Power, a leading provider of power distribution and infrastructure solutions for data centers. The $1.75 billion Maverick Power acquisition will add low- and medium-voltage switchgear, switchboards, integrated modular systems and related services to nVent Electric's portfolio. These products complement NVT's existing data center offerings in liquid cooling, cable management and engineered buildings.
The acquisition is timely because data center demand is driving a large part of nVent Electric's growth. In the second quarter of 2026, NVT's infrastructure sales more than doubled organically, led by data centers. The company expects data center sales to exceed $2 billion in 2026. Maverick adds a sizable business to this growth area. Maverick is expected to generate about $700 million in revenues in 2026 and has a strong backlog and future demand visibility.
With power demand driven by data centers and an aging power grid, Maverick's power distribution products can help nVent Electric address the rising power requirements of data centers as electricity demand continues to increase. NVT expects Maverick to be accretive to adjusted EPS in the first year after closing. The $1.75 billion purchase price is about 11.5 times Maverick's expected 2026 adjusted EBITDA, and the transaction is expected to close in the fourth quarter of 2026.
Maverick Power should therefore help nVent Electric expand its data center business as it adds power distribution products to an existing portfolio that already serves cooling, cable management and other data center needs. With nVent Electric expecting more than $2 billion of data center sales in 2026 and AI investment continuing to drive demand, the Maverick Power acquisition should help NVT grow its data center business and strengthen its position in the infrastructure market.
The Zacks Consensus Estimate for nVent Electric’s 2026 and 2027 revenues indicates year-over-year growth of 39.96% and 18.12%, respectively.
How Do Competitors Fare Against NVTnVent Electric competes with companies like Vertiv (VRT - Free Report) and Hubbell (HUBB - Free Report) in the electrical equipment and data center markets.
Vertiv is also benefiting from strong AI data center spending and has a broad portfolio covering power and thermal management. VRT offers power, cooling and services as an integrated solution and is expanding its liquid-cooling capabilities through acquisitions, including Strategic Thermal Labs, which added server-side liquid cooling and cold-plate expertise. VRT expects 2026 sales of about $14 billion, up 37% year over year, with organic growth of 31%.
In June 2026, Hubbell completed the acquisition of NSI Industries, a key manufacturer and supplier of electrical products. The acquisition is expected to strengthen Hubbell’s offerings in areas such as light industrial, data center and network infrastructure applications. Here, electrification trends are expected to support Hubbell's growth across the electrical industry, and the acquisition will help Hubbell expand its portfolio of infrastructure-related products for its electrical and utility customers.
NVT's Price Performance, Valuation & EstimatesShares of nVent Electric have surged 52.3% year to date against the Zacks Electronics - Miscellaneous Components industry’s decline of 18.8%.
nVent Electric YTD Price Return Performance
Image Source: Zacks Investment Research
From a valuation standpoint, nVent Electric trades at a forward price-to-sales ratio of 4.12X, higher than the industry’s average of 3.67X. NVT has a Value Score of D.
NVT Forward 12-Month P/S Ratio
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for nVent Electric’s 2026 and 2027 earnings per share (EPS) implies year-over-year growth of 53.1% and 26.1%, respectively. EPS estimates for 2026 have been revised upward by 12.5% over the past 30 days, while the same for 2027 have been revised up by 1.4% over the past seven days.
Image Source: Zacks Investment Research
nVent Electric currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, August 24:
Core Natural Resources, Inc. (CNR - Free Report) : This metallurgical and thermal coal company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 189.4% over the last 60 days.
Core Natural’s shares gained 13.1% over the last three months compared with the S&P 500’s advance of 2.6%. The company possesses a Momentum Score of A.
National Energy’s shares gained 28.2% over the last three months compared with the S&P 500’s advance of 2.6%. The company possesses a Momentum Score of B.
nVent’s shares gained 24.7% over the last six months compared with the S&P 500’s advance of 10.4%. The company possesses a Momentum Score of B.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Learn more about the Momentum score and how it is calculated here.
nVent Electric (NVT.N) said on Monday it would acquire data center equipment maker Maverick Power for $1.75 billion as it looks to expand its presence in a booming AI infrastructure market.
Electrical equipment and systems suppliers like nVent have benefited as companies ramp up investment to support the rapid expansion of AI computing capacity, with CEO Beth Wozniak saying the Maverick acquisition will add power distribution capabilities and strengthen its offerings to data center customers.
The deal also includes a potential additional consideration of up to $550 million in cash if Maverick achieves certain performance targets in 2027 and 2028, nVent said.
McKinney, Texas-based Maverick Power makes engineered power distribution and infrastructure solutions, including low- and medium-voltage switchgears and switchboards, and integrated modular solutions.
nVent expects to fund the deal with a combination of cash on hand and new debt.
The transaction is expected to close in the fourth quarter of 2026, subject to customary closing conditions and regulatory approval.
Shares of London-based nVent were down 1.3% in premarket trading.
Leading manufacturer of engineered power distribution and infrastructure solutions for data centersBroadens nVent’s exposure to the high-growth infrastructure vertical, particularly in data centers, with a power distribution platform, complementing nVent’s data center offeringsExpands nVent’s offerings for new power architectures and system-level solutions and services for data centersExpect transaction to be accretive to adjusted EPS in the first year after completing the transaction LONDON, Aug. 24, 2026 (GLOBE NEWSWIRE) -- 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 Maverick Power for a purchase price of $1.75 billion, subject to customary adjustments. The transaction also includes the potential additional consideration of up to $550 million in cash based on achieving certain performance metrics in 2027 and 2028. Maverick Power is a leading manufacturer of engineered power distribution and infrastructure solutions for data centers.
The acquisition of Maverick Power strengthens nVent’s position in the high-growth infrastructure vertical, particularly data centers. It will add a power distribution platform to nVent’s portfolio, complementing nVent’s data center offerings. Additionally, it will expand nVent’s offerings for new power architectures and system-level solutions and services for data centers.
“Maverick Power is a great fit for nVent and aligns with our strategy to focus on the high-growth infrastructure vertical,” said nVent Chair and CEO Beth Wozniak. “Maverick Power brings strong power distribution expertise and broadens our offerings to data center customers. We look forward to welcoming the Maverick Power team to nVent and together inventing the electrified future.”
Maverick Power President and CEO, Tom Currier added, “This is a significant milestone for our company, and we are thrilled to be joining nVent. nVent's strategy, culture, focus on people and customer-first approach are highly complementary to ours. Together, we will deliver a broader power and cooling portfolio for data center customers.”
Maverick Power is a leading North American provider of engineered power distribution and infrastructure solutions, including low-voltage switchgear and switchboards, medium-voltage switchgear, integrated modular solutions, and services.
Headquartered in McKinney, Texas, Maverick Power has approximately 900 employees in Texas and Arizona, with estimated 2026 revenues to be approximately $700 million. The business has a strong backlog and future demand visibility.
nVent expects the acquisition to be accretive to adjusted earnings per share in the first year following completion of the transaction.
The effective enterprise value multiple based on the $1.75 billion purchase price is approximately 11.5 times anticipated 2026 adjusted EBITDA. When adjusted for the present value of expected tax benefits the 2026 adjusted EBITDA multiple is approximately 10.5 times. nVent’s financial returns on the acquisition are expected to be significantly better if the potential additional considerations are paid.
The transaction is expected to close in the fourth quarter of 2026, subject to customary closing conditions, including regulatory approval. nVent expects to fund the acquisition with a combination of available cash on hand and new debt.
Foley & Lardner LLP is providing legal counsel to nVent in connection with the transaction. Bank of America is providing nVent with committed bridge financing for the transaction.
ABOUT NVENT
nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high-performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.
nVent, CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE are trademarks owned or licensed by nVent Services GmbH or its affiliates.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains statements that we believe to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements. Without limitation, any statements preceded or followed by or that include the words “targets,” “plans,” “believes,” “expects,” “intends,” “will,” “likely,” “may,” “anticipates,” “estimates,” “projects,” “forecasts,” “should,” “would,” “could,” “positioned,” “strategy,” “future,” “are confident,” or words, phrases or terms of similar substance or the negative thereof, are forward-looking statements. All statements made about the anticipated acquisition, including the anticipated time for completing the acquisition, the expected financial results of the acquired business and the anticipated benefits of the acquisition, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond our control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Among these factors are our ability to close the acquisition on the expected terms and schedule; our ability to integrate the acquisition successfully; our ability to retain customers and employees of the acquired business; adverse effects on our business operations or financial results, including the overall global economic and business conditions impacting our business; the ability to achieve the benefits of our restructuring plans; the ability to successfully identify, finance, complete and integrate acquisitions; competition and pricing pressures in the markets we serve, including the impacts of tariffs; volatility in currency exchange rates, interest rates and commodity prices; inability to generate savings from excellence in operations initiatives consisting of lean enterprise, supply management and cash flow practices; inability to mitigate material and other cost inflation; risks related to the availability of, and cost inflation in, supply chain inputs, including labor, raw materials, commodities, packaging and transportation; increased risks associated with operating foreign businesses, including risks associated with military conflicts; the ability to deliver backlog and win future project work; failure of markets to accept new product introductions and enhancements; the impact of changes in laws and regulations, including those that limit U.S. tax benefits; the outcome of litigation and governmental proceedings; and the ability to achieve our long-term strategic operating goals. Additional information concerning these and other factors is contained in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. All forward-looking statements speak only as of the date of this press release. nVent assumes no obligation, and disclaims any obligation, to update the information contained in this press release.
Investor Contact
Tony Riter
Vice President, Investor Relations and Treasury
nVent
763.204.7750 [email protected]
Media Contact
Kevin King
Vice President, Global Communications
nVent
763.291.0526 [email protected]
nVent Electric is positioned to capitalize on rising data center infrastructure demand, driven by AI, power density, and cooling needs. NVT's transformation into an infrastructure-focused platform, with expanded product lines and cross-selling opportunities, underpins its durable growth prospects. Record organic growth, operating leverage, and a $2.5B backlog support visible high-teen EPS growth without requiring further multiple expansion.
Empowered Funds LLC grew its position in shares of nVent Electric PLC (NYSE:NVT – Free Report) by 198.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,689 shares of the company’s stock after acquiring an additional 4,446 shares during the quarter. Empowered Funds LLC’s holdings in nVent Electric were worth $791,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently bought and sold shares of the company. Manchester Capital Management LLC raised its holdings in shares of nVent Electric by 128.1% in the fourth quarter. Manchester Capital Management LLC now owns 308 shares of the company’s stock valued at $31,000 after purchasing an additional 173 shares during the last quarter. Cullen Frost Bankers Inc. purchased a new position in nVent Electric during the fourth quarter worth about $32,000. Advisory Services Network LLC purchased a new position in nVent Electric during the third quarter worth about $35,000. Elyxium Wealth LLC bought a new stake in nVent Electric in the 4th quarter worth about $36,000. Finally, Headlands Technologies LLC grew its position in nVent Electric by 522.9% in the 2nd quarter. Headlands Technologies LLC now owns 517 shares of the company’s stock worth $38,000 after purchasing an additional 434 shares in the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at nVent Electric In other nVent Electric news, CAO Randolph A. Wacker sold 22,525 shares of the firm’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $164.62, for a total value of $3,708,065.50. Following the completion of the sale, the chief accounting officer directly owned 27,441 shares of the company’s stock, valued at $4,517,337.42. This trade represents a 45.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Beth Wozniak sold 46,261 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $164.42, for a total value of $7,606,233.62. Following the completion of the sale, the chief executive officer owned 55,612 shares in the company, valued at approximately $9,143,725.04. The trade was a 45.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 74,644 shares of company stock worth $12,276,886. Insiders own 1.70% of the company’s stock.
Analysts Set New Price Targets Several equities research analysts have commented on NVT shares. Weiss Ratings upgraded shares of nVent Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 3rd. Roth Capital restated a “buy” rating and issued a $195.00 target price on shares of nVent Electric in a research note on Monday, August 3rd. Wolfe Research reaffirmed an “outperform” rating and issued a $191.00 target price on shares of nVent Electric in a report on Thursday, July 9th. Barclays increased their price target on nVent Electric from $150.00 to $190.00 and gave the company an “overweight” rating in a research report on Monday, May 4th. Finally, Sanford C. Bernstein set a $220.00 price target on nVent Electric in a report on Thursday, July 9th. Three analysts have rated the stock with a Strong Buy rating and fourteen have assigned a Buy rating to the stock. According to MarketBeat, nVent Electric currently has an average rating of “Buy” and an average price target of $198.79. Read Our Latest Analysis on nVent Electric
nVent Electric Stock Performance NYSE NVT opened at $177.29 on Tuesday. The company has a market capitalization of $28.70 billion, a PE ratio of 48.44, a price-to-earnings-growth ratio of 1.44 and a beta of 1.37. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.33 and a current ratio of 1.80. nVent Electric PLC has a 52-week low of $85.72 and a 52-week high of $184.64. The company has a 50-day simple moving average of $161.55 and a 200 day simple moving average of $143.50.
nVent Electric (NYSE:NVT – Get Free Report) last released its earnings results on Friday, July 31st. The company reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.29. nVent Electric had a net margin of 12.38% and a return on equity of 18.85%. The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.26 billion. During the same period in the previous year, the company earned $0.86 earnings per share. The company’s quarterly revenue was up 52.8% on a year-over-year basis. nVent Electric has set its Q3 2026 guidance at 1.350-1.380 EPS and its FY 2026 guidance at 5.000-5.100 EPS. On average, research analysts predict that nVent Electric PLC will post 5.13 EPS for the current year.
nVent Electric announced that its Board of Directors has authorized a stock repurchase program on Saturday, May 16th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the company to reacquire up to 1.8% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s board believes its stock is undervalued.
nVent Electric Profile (Free Report)
nVent Electric PLC is a global manufacturer of electrical connection, protection and thermal management solutions. The company designs, engineers and produces a broad portfolio of products aimed at enhancing safety, reliability and performance in electrical systems across a variety of industries. Its core offerings include electrical enclosures, heat tracing systems, grounding and bonding products, cable management, and fastening solutions. nVent serves markets such as commercial and industrial construction, oil and gas, telecommunications, data centers, utilities, and renewable energy.
The company’s electrical enclosures and housing solutions protect sensitive components from environmental hazards, while its Raychem brand heat tracing products provide freeze protection and temperature maintenance for critical piping and equipment.
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Bank Pictet & Cie Europe AG lowered its stake in shares of nVent Electric PLC (NYSE:NVT – Free Report) by 18.6% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 23,052 shares of the company’s stock after selling 5,270 shares during the period. Bank Pictet & Cie Europe AG’s holdings in nVent Electric were worth $3,910,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in NVT. Norges Bank purchased a new position in shares of nVent Electric during the fourth quarter valued at approximately $245,955,000. Price T Rowe Associates Inc. MD raised its stake in nVent Electric by 361.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,577,555 shares of the company’s stock valued at $262,835,000 after buying an additional 2,019,483 shares during the last quarter. Balyasny Asset Management L.P. lifted its holdings in shares of nVent Electric by 3,467.1% during the 3rd quarter. Balyasny Asset Management L.P. now owns 1,326,100 shares of the company’s stock valued at $130,807,000 after buying an additional 1,288,924 shares during the period. Merewether Investment Management LP purchased a new position in shares of nVent Electric in the 2nd quarter worth $78,222,000. Finally, Amundi boosted its stake in shares of nVent Electric by 146.8% in the 1st quarter. Amundi now owns 1,092,802 shares of the company’s stock worth $129,257,000 after buying an additional 649,992 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.
Wall Street Analysts Forecast Growth Several analysts recently commented on NVT shares. Evercore reaffirmed an “outperform” rating and issued a $210.00 price objective on shares of nVent Electric in a report on Monday, August 3rd. Roth Capital reissued a “buy” rating and issued a $195.00 target price on shares of nVent Electric in a report on Monday, August 3rd. Barclays raised their target price on nVent Electric from $150.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Royal Bank Of Canada upped their price target on shares of nVent Electric from $193.00 to $200.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Finally, Robert W. Baird upped their price target on shares of nVent Electric from $188.00 to $200.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Three analysts have rated the stock with a Strong Buy rating and fourteen have issued a Buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $198.79.
Check Out Our Latest Stock Analysis on NVT
nVent Electric Stock Performance NYSE NVT opened at $169.98 on Friday. The company has a quick ratio of 1.33, a current ratio of 1.80 and a debt-to-equity ratio of 0.37. nVent Electric PLC has a twelve month low of $85.72 and a twelve month high of $184.64. The business has a 50-day moving average price of $161.10 and a 200-day moving average price of $142.62. The firm has a market cap of $27.51 billion, a price-to-earnings ratio of 46.44, a price-to-earnings-growth ratio of 1.44 and a beta of 1.37.
nVent Electric (NYSE:NVT – Get Free Report) last issued its earnings results on Friday, July 31st. The company reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.29. nVent Electric had a return on equity of 18.85% and a net margin of 12.38%.The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.26 billion. During the same quarter last year, the company earned $0.86 EPS. The firm’s quarterly revenue was up 52.8% on a year-over-year basis. nVent Electric has set its Q3 2026 guidance at 1.350-1.380 EPS and its FY 2026 guidance at 5.000-5.100 EPS. As a group, equities research analysts predict that nVent Electric PLC will post 5.13 EPS for the current fiscal year.
nVent Electric Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, July 24th were given a dividend of $0.21 per share. The ex-dividend date was Friday, July 24th. This represents a $0.84 annualized dividend and a dividend yield of 0.5%. nVent Electric’s dividend payout ratio (DPR) is presently 22.95%.
nVent Electric declared that its board has approved a stock repurchase plan on Saturday, May 16th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the company to reacquire up to 1.8% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its shares are undervalued.
Insider Activity In other news, CAO Randolph A. Wacker sold 22,525 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $164.62, for a total value of $3,708,065.50. Following the transaction, the chief accounting officer owned 27,441 shares of the company’s stock, valued at approximately $4,517,337.42. The trade was a 45.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Der Kolk Robert J. Van sold 5,858 shares of the company’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $164.32, for a total transaction of $962,586.56. Following the transaction, the insider owned 27,387 shares of the company’s stock, valued at approximately $4,500,231.84. This represents a 17.62% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 74,644 shares of company stock worth $12,276,886 over the last quarter. Insiders own 1.70% of the company’s stock.
nVent Electric Profile (Free Report)
nVent Electric PLC is a global manufacturer of electrical connection, protection and thermal management solutions. The company designs, engineers and produces a broad portfolio of products aimed at enhancing safety, reliability and performance in electrical systems across a variety of industries. Its core offerings include electrical enclosures, heat tracing systems, grounding and bonding products, cable management, and fastening solutions. nVent serves markets such as commercial and industrial construction, oil and gas, telecommunications, data centers, utilities, and renewable energy.
The company’s electrical enclosures and housing solutions protect sensitive components from environmental hazards, while its Raychem brand heat tracing products provide freeze protection and temperature maintenance for critical piping and equipment.
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Key Takeaways nVent expects data center sales to exceed $2 billion in 2026, more than double 2025 levels.Strong demand for liquid cooling, cable management and engineered buildings drove a $2.5 billion backlog.NVT is expanding liquid-cooling capacity as AI chips create higher heat densities across data centers. nVent Electric (NVT - Free Report) is seeing strong demand from data centers as spending on artificial intelligence (AI) infrastructure continues to rise. NVT expects the infrastructure vertical to post strong double-digit growth in 2026, supported by higher AI-related data center investments. Further, the company expects data center sales to exceed $2 billion in 2026, more than double from 2025 levels. This strong momentum should help NVT strengthen its position against other AI data center infrastructure players such as Vertiv (VRT - Free Report) and Super Micro Computer (SMCI - Free Report) .
NVT continues to see robust demand from its broad customer base, including hyperscalers, neo-clouds and multi-tenant data centers for its liquid cooling, cable management and engineered buildings solutions. This robust demand helped the company end the second quarter with a $2.5 billion backlog. This momentum is expected to continue as management sees data center orders remaining strong in the third quarter of 2026.
NVT is also adding capacity to meet rising demand. The company opened its Blaine facility in Minnesota earlier in 2026, which effectively doubled its liquid-cooling capacity. Further, management said another expansion is needed and announced the Blaine 2 facility, which is expected to open in the first half of 2027. Management estimates that liquid cooling currently accounts for only 10-15% of data center cooling, leaving room for further adoption. With AI chips creating higher heat densities, the above-mentioned factors show that liquid cooling is expected to remain a long-term growth driver for the company.
NVT remains well-positioned to benefit from strong AI-related demand, healthy orders and new capacity, which could help the company maintain its growth momentum. The Zacks Consensus Estimate for nVent Electric’s 2026 revenues is pegged at $5.45 billion, indicating a year-over-year increase of 39.96%. The consensus estimate for NVT’s 2027 revenues is pegged at $6.44 billion, indicating a year-over-year increase of 18.1%.
How Do Competitors Fare Against NVTVertiv is also benefiting from strong AI data center spending and has a broad portfolio covering power and thermal management. VRT offers power, cooling and services as an integrated solution and is expanding its liquid-cooling capabilities through acquisitions, including Strategic Thermal Labs, which added server-side liquid cooling and cold-plate expertise. VRT expects 2026 sales of about $14 billion, up 37% year over year, with organic growth of 31%.
Super Micro Computer is another strong player in AI data-center infrastructure, with its business spanning servers, storage, networking and direct liquid cooling. Its data center building block solutions combine GPU and CPU servers, storage, direct liquid cooling, cooling distribution units, networking and data-center management software. SMCI is also expanding its liquid-cooling capacity and expects its manufacturing network to support more than 3,000 direct liquid-cooled racks per month. For fiscal 2027, the company expects revenues of $65-$72 billion.
NVT's Price Performance, Valuation & EstimatesShares of nVent Electric have surged 69.7% year to date against the Zacks Electronics - Miscellaneous Components industry’s decline of 9%.
nVent Electric YTD Price Return Performance
Image Source: Zacks Investment Research
From a valuation standpoint, nVent Electric trades at a forward price-to-sales ratio of 4.58X, higher than the industry’s average of 4.08X. NVT has a Value Score of D.
NVT Forward 12-Month P/S Ratio
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for nVent Electric’s 2026 and 2027 earnings per share (EPS) implies year-over-year growth of 53.1% and 24.3%, respectively. EPS estimates for 2026 and 2027 have been revised upward by 12.5% and 13.1%, respectively, over the past 30 days.
Image Source: Zacks Investment Research
nVent Electric currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Key Takeaways nVent raised 2026 sales growth guidance to 37-39% and adjusted EPS guidance to $5-$5.10.NVT expects 2026 data center sales to exceed $2B, more than double last year, as liquid cooling expands.nVent plans a third Minnesota liquid cooling facility as backlog remains healthy at $2.5B. nVent Electric plc (NVT - Free Report) used its second-quarter 2026 earnings call to emphasize accelerating AI data center demand, broader short-cycle strength and another sharp increase in its full-year outlook. Management focused on scaling capacity quickly enough to support demand while preserving margins and execution discipline.
Adjusted EPS of $1.45 topped the Zacks Consensus Estimate of $1.16. Revenues of $1.47 billion also exceeded the Zacks Consensus Estimate of $1.26 billion.
NVT Raises Full-Year Growth OutlookExecutive vice president and CFO Gary Corona raised 2026 reported sales growth guidance to 37% to 39% from 26% to 28%. Organic growth is now expected at 32% to 34%, compared with 21% to 23% forecasted previously.
Corona also lifted adjusted EPS guidance to $5-$5.10 from $4.45-$4.55. At the midpoint, adjusted EPS would rise 50% from 2025, reflecting stronger sales assumptions and operating execution.
For the third quarter, Corona guided to reported and organic sales growth of 32% to 35% and adjusted EPS of $1.35-$1.38. He said the outlook includes continued investment in data centers and power utilities.
nVent Expands Liquid Cooling CapacityChair and CEO Beth Wozniak said data center growth remained broad across liquid cooling, cable management and engineered buildings, with demand spanning hyperscalers, neo-clouds, multi-tenant operators and distribution partners.
Wozniak announced a third Minnesota liquid cooling facility, Blaine 2, expected to open in the first half of 2027. She said the expansion should extend capacity through 2027 and into 2028.
Wozniak expects nVent’s total data center sales to exceed $2 billion in 2026, more than double last year. The existing Blaine facility is still ramping, while a modular liquid cooling platform is scheduled to launch this fall.
NVT Sees Demand Broaden Beyond Data CentersWozniak said organic orders grew low double digits in the quarter, while backlog remained healthy at $2.5 billion. She also noted strong data center orders early in the third quarter despite normal lumpiness in large bookings.
In response to an RBC Capital Markets analyst, Wozniak described the short-cycle improvement as broad-based order growth through distribution rather than a one-time benefit.
A Melius analyst pressed on distributor inventory. Wozniak said sell-in and sell-through were well balanced, supporting management’s view that the improvement reflected underlying demand rather than channel restocking.
nVent Balances Growth With Margin InvestmentCorona said adjusted return on sales reached 21.9%, up 110 basis points year over year. Price and productivity offset more than $50 million of inflation, including more than $30 million of tariff impact.
The company now expects about $100 million of tariff impact for 2026, up from $80 million because of higher volume. Management still expects pricing, supply-chain productivity and operating actions to offset inflation, including tariffs.
Electrical Connections remained a margin watchpoint. Corona said its 27.3% return on sales improved sequentially and should continue rising as pricing takes hold, with management expecting the segment in the high-20% range this year.
NVT Q&A Tests Backlog and Long-Term VisibilityAnalysts from Vertical Research, Goldman Sachs and Deutsche Bank focused on whether backlog and capacity could sustain growth. Wozniak said nVent is deliberately working down backlog to maintain customer lead times.
She also said the company is being prudent with near-term guidance because two facilities are ramping simultaneously, requiring coordinated additions of labor, equipment and supplier capacity.
A William Blair analyst asked about growth beyond 2027. Wozniak said nVent has visibility several years out and is working with NVIDIA and other customers on product road maps extending through 2030, particularly around liquid cooling.
nVent Keeps Capital Focus on GrowthCorona said nVent still expects about $130 million of capital expenditures in 2026, up 40%, with most incremental spending directed toward data centers, power utilities and supply-chain resiliency.
Management closed the call emphasizing capacity expansion, product innovation and disciplined execution. With net leverage at 1.2 times and $600 million available on its revolver, Corona said the balance sheet retains flexibility for growth, acquisitions and shareholder returns.
NVT’s Zacks Signals Stay ConstructiveNVT carries a Zacks Rank #1 (Strong Buy). Its Growth Score and Momentum Score are both B, while the Value Score is D and the VGM Score is C, creating a stronger growth-and-momentum profile than the value profile. You can see the complete list of today’s Zacks #1 Rank stocks here.
Under the Zacks Style Scores framework, A and B are the stronger grades, and top Zacks Rank stocks paired with favorable Style Scores can offer better near-term potential. The Zacks Rank can change as earnings estimates are revised after the just-reported results.
Key Takeaways NVT beat Q2 earnings and revenue estimates as AI data center demand drove record results.nVent Electric raised 2026 sales and adjusted EPS guidance after strong organic growth and healthy backlog.NVT expanded liquid cooling capacity, launched 14 products and said Q3 orders started strongly. nVent Electric (NVT - Free Report) reported second-quarter 2026 adjusted earnings of $1.45 per share, which increased 68.6% year over year and surpassed the Zacks Consensus Estimate by 25%.
NVT's revenues climbed 52.8% year over year to $1.47 billion, driven by exceptional demand from AI data centers and infrastructure markets. Organic sales increased 47%, reflecting broad-based strength across the company's portfolio. The top line beat the Zacks Consensus Estimates by 17%.
The quarter's outperformance was fueled by continued momentum in infrastructure, particularly AI data centers, where liquid cooling, cable management and engineered building solutions remained key growth drivers. Management highlighted record quarterly sales and earnings, while noting that new products contributed more than 30 percentage points to sales growth.
NVT’s Organic orders increased at a low double-digit rate, backlog remained healthy at $2.5 billion, and the company announced another manufacturing expansion to support rising liquid cooling demand. Management also indicated that data center orders have started the third quarter strongly.
NVT Segment Results Reflect Broad-Based Infrastructure DemandSystems Protection generated net sales of $1.07 billion, up 69.6% year over year, including 62% organic growth. Adjusted return on sales expanded 150 basis points to 23.2%, supported by robust volume growth and productivity improvements. The segment benefited from infrastructure demand that more than doubled, led by AI data centers, while the Electrical Products Group acquisition continued to exceed expectations.
Electrical Connections posted net sales of $399 million, up 20.5% year over year, with 18% organic growth. Adjusted return on sales declined 140 basis points to 27.3%, as inflation and product mix offset strong volume growth. Management noted that margins improved sequentially during the quarter, while growth remained broad-based across infrastructure, industrial and commercial markets.
Management emphasized continued investments to support AI infrastructure demand. During the quarter, nVent Electric launched 14 new products, contributing more than 30 percentage points to sales growth. The company also announced manufacturing expansion for liquid cooling after rapidly ramping up production at its new Blaine, MN, facility.
NVT Delivers Strong Profitability Despite Inflation & TariffsGross profit increased to $558 million from $372 million in the year-ago quarter. Gross margin declined modestly to 37.9% from 38.6%, reflecting inflationary pressures and acquisition mix.
Selling, general and administrative expenses increased to $232.8 million, but improved as a percentage of sales to 15.8% from 20.4% a year ago. Research and development spending rose to $24.5 million, representing 1.7% of sales versus 2% in the prior-year period.
Operating income surged 91.9% year over year to $300.7 million, while adjusted operating income increased 61% to $323 million. Adjusted operating margin expanded 110 basis points to 21.9% as price increases and productivity initiatives more than offset inflation exceeding $50 million, including more than $30 million of tariff-related costs.
NVT Cash Generation Improves, Balance Sheet Stays SolidnVent Electric ended the quarter with $256 million in cash and cash equivalents compared with $237.5 million at 2025-end. Total debt declined to approximately $1.49 billion, following repayments during the quarter, resulting in a net leverage ratio of approximately 1.2x, well below management's long-term target range.
Net cash provided by operating activities totaled $189 million, up from $91 million in the year-ago period. Free cash flow more than doubled to $167 million compared with $74 million a year earlier.
NVT Significantly Raises 2026 OutlookFollowing another record quarter, nVent Electric substantially increased its full-year 2026 guidance.
Management now expects reported sales growth of 37-39%, up from the previous outlook of 26-28%, while organic sales growth is projected at 32-34% compared with the earlier forecast of 21-23%.
The company raised its adjusted earnings outlook to $5.00-$5.10 per share, up from the prior range of $4.45-$4.55.
For the third quarter, nVent Electric expects reported and organic sales growth of 32-35% and adjusted earnings of $1.35-$1.38 per share, supported by continued strength in AI data centers, power utilities and a strong start to third-quarter orders.
Zacks Rank & Stocks to ConsiderNVT currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader Zacks Computer and Technology sector are Analog Devices (ADI - Free Report) , Applied Materials (AMAT - Free Report) and Cisco Systems (CSCO - Free Report) , each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Shares of Analog Devices have rallied 37.1% year to date. The Zacks Consensus Estimate for ADI’s fiscal 2026 earnings is pegged at $12.42 per share, up by 10 cents over the past 30 days, indicating an increase of 59.4% year over year.
Shares of Applied Materials have skyrocketed 101.1% year to date. The Zacks Consensus Estimate for AMAT’s fiscal 2026 earnings is pegged at $12.14 per share, up by 4 cents over the past 30 days, indicating a rise of 28.9% year over year.
Cisco Systems shares have surged 48.7% year to date. The Zacks Consensus Estimate for CSCO’s fiscal 2026 earnings is pegged at $4.28 per share, unchanged over the past 30 days, indicating an increase of 12.3% year over year.
Why nVent Could Be a Long-Term AI Infrastructure WinnernVent Electric NYSE: NVT reported record second-quarter sales and earnings, driven by continued demand from AI data centers, power utilities and improving short-cycle businesses. The company raised its full-year sales and adjusted earnings outlook and announced plans for a third Minnesota facility to expand liquid-cooling capacity.
Chair and Chief Executive Officer Beth Wozniak said second-quarter sales exceeded guidance as infrastructure demand, led by data centers, remained strong. The company also saw stronger demand in short-cycle businesses through distribution partners.
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5 Stocks Positioned to Win the AI Data Center Buildout“We had another tremendous quarter with record sales and earnings well ahead of our guidance,” Wozniak said. “The better-than-expected sales were primarily driven by the infrastructure vertical led by data centers, along with stronger demand in our short-cycle business.”
Second-Quarter Results nVent reported second-quarter sales of $1.47 billion, up 53% from the prior year, including 47% organic growth. Acquisitions added 5 percentage points of growth, while foreign exchange provided nearly a one-point benefit.
Adjusted operating income increased 61% to $323 million, and adjusted operating margin rose 110 basis points year over year to 21.9%. Adjusted earnings per share increased 69% to $1.45. Free cash flow was $167 million, up 125% from a year earlier.
Chief Financial Officer Gary Corona said price and productivity actions offset more than $50 million of inflation, including more than $30 million related to tariffs. The company continued to invest in data center and power utility growth initiatives during the quarter.
Infrastructure organic sales more than doubled, supported by data center demand and double-digit growth in power utilities. Commercial residential sales increased by high single digits. Industrial sales rose by low single digits. The Americas posted very strong double-digit growth, while Europe grew mid-single digits and Asia-Pacific grew double digits. New products contributed more than 30 percentage points to sales growth, according to Wozniak, and nVent introduced 14 new products during the quarter. The EPG acquisition continued to grow sales at a strong double-digit rate year over year.
Segment Performance Systems Protection sales reached $1.07 billion, increasing 70% year over year and marking the segment’s first quarter with more than $1 billion in revenue. Organic sales in the segment rose 62%, led by infrastructure growth of more than 100% as data center demand continued.
Systems Protection segment income rose 81% to $248 million, while return on sales increased 150 basis points to 23.2%, benefiting from volume growth and productivity.
Electrical Connections sales increased 21% to $399 million, including 18% organic growth. Growth was broad-based across end markets and geographies, with infrastructure and industrial each increasing by strong double digits and commercial residential sales rising by low teens.
Electrical Connections segment income increased 15% to $109 million. Its return on sales declined 140 basis points to 27.3%, reflecting inflation and sales mix, partially offset by pricing and volume. Corona said margins improved sequentially into the high 20% range and are expected to continue improving as pricing and productivity actions take hold.
During the question-and-answer session, Wozniak said the short-cycle growth in Electrical Connections was not driven by unusual or one-time activity. She said the company saw strong orders through distribution partners and described distributor sell-in and sell-out trends as balanced, indicating what she characterized as real underlying demand rather than inventory restocking.
Backlog, Capacity and Data Centers nVent ended the quarter with backlog of $2.5 billion, which management said provides visibility through the remainder of 2026 and into 2027. Wozniak said data center orders can be large and uneven from quarter to quarter, though the company has experienced strong data center orders early in the third quarter.
Management said its backlog is generally for 12 months or less and that the current level is approximately appropriate because the company is seeking to maintain customer lead times while turning backlog into revenue.
The company expects total data center sales to exceed $2 billion in 2026, more than double the prior year’s level. Its data center offerings include liquid cooling, cable management, power-related products and engineered buildings, serving hyperscalers, neoclouds, multi-tenant customers, distributors and integrators.
To address liquid-cooling demand, nVent announced a third Minnesota facility, called Blaine 2, which is expected to open in the first half of 2027. The facility will be similar in size to the company’s Blaine location, which opened earlier in 2026 and is continuing to ramp.
Wozniak said the Blaine facility was opened within about 100 working days of signing its lease and is performing ahead of expectations, although it will continue ramping through 2026 and into 2027. She said Blaine 2 is expected to support demand through 2027 and into 2028.
nVent also plans to launch a modular liquid-cooling platform later in 2026. Wozniak said the platform is designed to support modularity and serviceability, including hot-swappable components, and that customer interest has been high.
Raised Outlook and Capital Allocation nVent raised its 2026 outlook for reported sales growth to 37% to 39%, from a prior forecast of 26% to 28%. The company now expects organic sales growth of 32% to 34%, compared with previous guidance of 21% to 23%.
The company raised its adjusted EPS outlook to $5.00 to $5.10, from $4.45 to $4.55 previously. At the midpoint, the revised outlook implies 50% adjusted EPS growth from 2025. nVent expects tariff costs of about $100 million for the year, up from its prior estimate of $80 million, primarily because of higher expected sales volume.
For the third quarter, nVent forecast reported and organic sales growth of 32% to 35% and adjusted EPS of $1.35 to $1.38. The company said it expects pricing to offset inflation and tariffs while it continues investing in capacity and capabilities for data centers and power utilities.
At quarter-end, nVent held $256 million in cash and had $600 million available under its revolving credit facility. Debt stood at $1.5 billion after the company repaid nearly $70 million of its prepayable term loan during the quarter. Net leverage was 1.2 times, below management’s stated target range of two to 2.5 times.
The company continues to expect capital expenditures of about $130 million in 2026, up 40% from the prior year, with much of the increase directed toward capacity, power utilities, data centers and supply-chain resiliency. Through the first half, nVent returned $118 million to shareholders, including $50 million in share repurchases, and increased its quarterly dividend by 5% from a year earlier.
About nVent Electric (NYSE:NVT)nVent Electric PLC is a global manufacturer of electrical connection, protection and thermal management solutions. The company designs, engineers and produces a broad portfolio of products aimed at enhancing safety, reliability and performance in electrical systems across a variety of industries. Its core offerings include electrical enclosures, heat tracing systems, grounding and bonding products, cable management, and fastening solutions. nVent serves markets such as commercial and industrial construction, oil and gas, telecommunications, data centers, utilities, and renewable energy.
The company's electrical enclosures and housing solutions protect sensitive components from environmental hazards, while its Raychem brand heat tracing products provide freeze protection and temperature maintenance for critical piping and equipment.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Shares in nVent Electric (NVT +8.56%) soared by more than 15% in early trading today, only to settle somewhat to a high single-digit gain by early afternoon. It's a startling performance from a stock that's up 54% in 2026, and a whopping 397% over the last five years.
nVent crushes estimates and raises again It's no secret that nVent's electrical connection and protection solutions make it an excellent pick-and-shovel play on the increasing demand for power driven by AI data centers, and the company's recent results did not disappoint on that front. However, that's not the full story of the second-quarter results, because the company became the latest industrial stock to report excellent results after Honeywell and Illinois Tool Works recently raised their full-year guidance, citing improving short-cycle orders.
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The latter is exactly what nVent is seeing, with CEO Beth Wozniak noting on the second-quarter earnings call: "The better-than-expected sales were primarily driven by the infrastructure vertical, led by data centers, along with stronger demand in our short-cycle business," with growth occurring "across every vertical and every geography."
Data center demand continues to boom, too. In a sense, nVent's old-economy end markets (industrial and commercial/residential construction) came together with the new-economy (AI data centers) to boost both sales and the company's outlook. Management raised its full-year guidance for the second time this year.
nVent Full Year Guidance
February
May
July
Organic sales growth
10%-13%
21%-23%
32%-34%
Adjusted EPS
$4-$4.15
$4.45-$4.55
$5-$5.10
Data source: nVent presentations. Table by the author.
Wozniak also confirmed that its data center end market had strong "orders thus far" in the third quarter. All told, the results and guidance illustrate the potential for earnings improvement among companies exposed to favorable end-market trends, and there could be more to come if the old economy continues to contribute alongside the new economy for nVent.
Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
160,000 square foot site will support growing liquid cooling demand from AI and high-performance computing environments
Company’s third liquid cooling manufacturing expansion in three years, adding more than 400,000 square feet of new space
LONDON, July 31, 2026 (GLOBE NEWSWIRE) -- nVent Electric plc (NYSE:NVT), a global leader in electrical connection and protection solutions, today announced the lease of additional manufacturing space at a second location in Blaine, Minnesota. The new 160,000 square-foot site will expand nVent's capacity to manufacture data center liquid cooling solutions, supporting the surging demand for liquid cooling technologies that enable artificial intelligence (AI) and high-performance computing. This marks nVent's third data center liquid cooling capacity expansion in three years, adding more than 400,000 square feet of new space overall.
The new site is expected to begin production in the first half of 2027 and employ more than 200 people.
"Expanding our data center capacity reflects the growing need for liquid cooling solutions and the strength of customer demand," said Sara Zawoyski, President, nVent Systems Protection. "With more than a decade of liquid cooling leadership, deep technical expertise, and a proven ability to manufacture at scale, nVent is well positioned to lead the AI-driven shift to liquid cooling and high-performance computing."
nVent is a leader and innovator in liquid cooling with more than a decade of experience helping global cloud service providers and data center operators solve increasingly complex cooling challenges. The company has deployed more than two gigawatts of liquid cooling and collaborates closely with leading chip manufacturers and hyperscalers to develop solutions that are future-ready for the next generation of AI infrastructure.
About nVent
nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high-performance products and solutions that connect and protect some of the world’s most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis.
Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.
LONDON, July 31, 2026 (GLOBE NEWSWIRE) -- nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, reported second quarter 2026 financial results today through an earnings release posted on the company’s Investor Relations website at http://investors.nvent.com. The earnings release will be furnished with the Securities and Exchange Commission on a Form 8-K and is available here. The company will also hold a conference call with analysts and investors at 9:00 a.m. ET.
Conference Call and Webcast Details
The call can be accessed via webcast at http://investors.nvent.com or by dialing 1-833-630-1071 or 1-412-317-1832. Once available, a replay of the conference call will be accessible through August 14, 2026, by dialing 1-855-669-9658 or 1-412-317-0088, along with the access code 3803194.
About nVent
nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.
nVent, CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE are trademarks owned or licensed by nVent Services GmbH or its affiliates.
Arrowstreet Capital Limited Partnership lifted its stake in shares of nVent Electric PLC (NYSE:NVT – Free Report) by 130.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 501,362 shares of the company’s stock after acquiring an additional 283,671 shares during the quarter. Arrowstreet Capital Limited Partnership owned approximately 0.31% of nVent Electric worth $59,301,000 at the end of the most recent reporting period.
A number of other institutional investors have also bought and sold shares of NVT. Manchester Capital Management LLC lifted its position in shares of nVent Electric by 128.1% in the fourth quarter. Manchester Capital Management LLC now owns 308 shares of the company’s stock worth $31,000 after buying an additional 173 shares in the last quarter. Cullen Frost Bankers Inc. bought a new stake in nVent Electric in the fourth quarter worth about $32,000. Elyxium Wealth LLC bought a new stake in shares of nVent Electric during the 4th quarter worth approximately $36,000. Advisory Services Network LLC purchased a new stake in shares of nVent Electric during the third quarter valued at $35,000. Finally, Birchwood Financial Partners Inc. purchased a new stake in nVent Electric in the 4th quarter valued at about $40,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.
nVent Electric Stock Down 1.6% NVT opened at $149.38 on Tuesday. The company has a market cap of $24.16 billion, a PE ratio of 49.63, a price-to-earnings-growth ratio of 1.43 and a beta of 1.36. nVent Electric PLC has a twelve month low of $78.03 and a twelve month high of $184.64. The company has a 50-day moving average price of $163.49 and a 200 day moving average price of $138.05. The company has a quick ratio of 1.21, a current ratio of 1.70 and a debt-to-equity ratio of 0.41.
nVent Electric (NYSE:NVT – Get Free Report) last announced its quarterly earnings data on Friday, May 1st. The company reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.15. The company had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.11 billion. nVent Electric had a return on equity of 16.82% and a net margin of 11.37%.The firm’s revenue for the quarter was up 53.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.67 EPS. nVent Electric has set its Q2 2026 guidance at 1.120-1.150 EPS and its FY 2026 guidance at 4.450-4.550 EPS. Sell-side analysts expect that nVent Electric PLC will post 4.56 earnings per share for the current fiscal year.
nVent Electric Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Friday, July 24th will be given a dividend of $0.21 per share. The ex-dividend date is Friday, July 24th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.6%. nVent Electric’s dividend payout ratio (DPR) is currently 27.91%.
nVent Electric announced that its Board of Directors has initiated a share buyback program on Saturday, May 16th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the company to purchase up to 1.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.
Wall Street Analysts Forecast Growth A number of equities analysts have recently issued reports on NVT shares. UBS Group restated a “buy” rating on shares of nVent Electric in a research note on Thursday, June 11th. Zacks Research raised nVent Electric from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 4th. Barclays boosted their target price on shares of nVent Electric from $150.00 to $190.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. KeyCorp raised their target price on nVent Electric from $140.00 to $185.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Finally, The Goldman Sachs Group lifted their price target on nVent Electric from $150.00 to $187.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Four investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $190.57.
Get Our Latest Stock Analysis on NVT
Insiders Place Their Bets In related news, insider Sara E. Zawoyski sold 29,412 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $172.49, for a total transaction of $5,073,275.88. Following the sale, the insider directly owned 97,068 shares of the company’s stock, valued at $16,743,259.32. This represents a 23.25% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Aravind Padmanabhan sold 15,942 shares of the company’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $174.00, for a total value of $2,773,908.00. Following the sale, the executive vice president directly owned 23,243 shares in the company, valued at $4,044,282. This represents a 40.68% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 87,685 shares of company stock worth $14,961,768. Insiders own 1.70% of the company’s stock.
nVent Electric Company Profile (Free Report)
nVent Electric PLC is a global manufacturer of electrical connection, protection and thermal management solutions. The company designs, engineers and produces a broad portfolio of products aimed at enhancing safety, reliability and performance in electrical systems across a variety of industries. Its core offerings include electrical enclosures, heat tracing systems, grounding and bonding products, cable management, and fastening solutions. nVent serves markets such as commercial and industrial construction, oil and gas, telecommunications, data centers, utilities, and renewable energy.
The company’s electrical enclosures and housing solutions protect sensitive components from environmental hazards, while its Raychem brand heat tracing products provide freeze protection and temperature maintenance for critical piping and equipment.
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Key Takeaways nVent Electric ended Q1 2026 with a record $2.6 billion backlog, driven by strong AI data center demand. NVT is expanding manufacturing capacity to help convert backlog into future revenue growth. nVent Electric raised its 2026 revenue and adjusted EPS guidance on strong order momentum. nVent Electric (NVT - Free Report) entered 2026 with a strong order book that could support future revenue growth. The company ended the first quarter of 2026 with a record backlog of $2.6 billion, up in low double digits sequentially. Organic orders increased about 40% year over year, mainly driven by AI data center projects. Even excluding data centers, organic orders grew at a mid-teens rate, showing healthy demand across the broader business.
Management said the backlog gives the company good visibility for the rest of 2026, and most of the backlog extends beyond the next 12 months, providing visibility into 2027. Demand remained strong across liquid cooling, engineered buildings, enclosures, power distribution units, cable management and power connections. The company is also seeing strong demand from a broad customer base, including hyperscalers, neo clouds, multi-tenant operators and distribution partners, which should help support revenue growth over the coming quarters.
nVent Electric is investing heavily to support this demand. NVT plans to spend approximately $130 million on capital expenditures in 2026. A major part of this expansion is the new Blaine, MN, facility, which started production during the first quarter of 2026. Besides Blaine, NVT is expanding manufacturing capacity across several locations for liquid cooling products and engineered building solutions. Most of this investment will support data center products, power utilities and supply chain expansion. These investments should help the company deliver orders and convert its backlog into future revenues.
The strong order book and backlog gave management confidence to raise its full-year outlook. The company now expects 2026 revenue growth in the range of 26-28%, up from its previous guidance of 15-18%. The company now expects 2026 adjusted EPS in the range of $4.45-$4.55, up from its prior guidance of $4.00-$4.15. The Zacks Consensus Estimate for nVent Electric’s 2026 revenues and EPS indicates a year-over-year increase of 28% and 36%, respectively.
How Do Competitors Fare Against NVTnVent Electric competes with companies like Vertiv (VRT - Free Report) and Amphenol Corporation (APH - Free Report) in the electrical equipment and data center markets.
Vertiv continues to benefit from rising data center power and thermal needs as AI deployments drive higher infrastructure density and faster build cycles. Vertiv expects orders to be up year over year in 2026 and continues to cite larger deployments and higher technical complexity that favor providers that can deliver products, systems and services at scale. Capacity additions and backlog conversion are expected to support faster organic growth in the second half of 2026.
Amphenol is seeing sustained demand for high-speed, power and fiber interconnect products, led by AI-related IT datacom programs and supported by diversified industrial applications. APH’s first-quarter 2026 orders were $9.4 billion, with a book-to-bill of 1.24, supporting management’s view of broad-based demand. Further, every end market had book-to-bill above 1, and bookings were broad-based, underscoring the healthy demand across various end markets.
NVT's Price Performance, Valuation & EstimatesShares of nVent Electric have surged 48.8% year to date against the Zacks Electronics - Miscellaneous Components industry’s decline of 17.7%.
nVent Electric YTD Price Return Performance
Image Source: Zacks Investment Research
From a valuation standpoint, nVent Electric trades at a forward price-to-sales ratio of 4.53X, higher than the industry’s average of 3.76X.
NVT Forward 12-Month P/S Ratio
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for nVent Electric’s 2026 and 2027 earnings per share (EPS) implies year-over-year growth of 36.12% and 23.95%, respectively. EPS estimates for 2026 have been revised upward by a penny over the past 30 days, while the same for 2027 have been revised up by 2 cents over the past seven days.
Image Source: Zacks Investment Research
nVent Electric currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Alua Capital Management LP bought a new position in shares of nVent Electric PLC (NYSE:NVT – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 231,600 shares of the company’s stock, valued at approximately $27,394,000. nVent Electric comprises 2.4% of Alua Capital Management LP’s holdings, making the stock its 11th biggest position. Alua Capital Management LP owned about 0.14% of nVent Electric at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the stock. Kestra Private Wealth Services LLC bought a new stake in shares of nVent Electric in the 4th quarter worth approximately $599,000. Swedbank AB bought a new stake in shares of nVent Electric during the fourth quarter valued at approximately $59,312,000. Katamaran Capital LLP bought a new stake in shares of nVent Electric during the fourth quarter valued at approximately $2,171,000. Dougherty & Associates LLC acquired a new position in shares of nVent Electric in the fourth quarter valued at $987,000. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of nVent Electric by 103.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 19,139 shares of the company’s stock valued at $1,952,000 after purchasing an additional 9,734 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In Several equities research analysts have issued reports on NVT shares. Roth Capital reissued a “buy” rating and issued a $185.00 price target on shares of nVent Electric in a report on Friday. Clear Str raised shares of nVent Electric to a “strong-buy” rating in a report on Monday, July 13th. Citigroup lifted their target price on shares of nVent Electric from $152.00 to $187.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $187.00 target price on shares of nVent Electric in a research note on Monday, May 4th. Finally, Royal Bank Of Canada increased their price target on shares of nVent Electric from $180.00 to $193.00 and gave the stock an “outperform” rating in a research report on Thursday, July 16th. Four equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, nVent Electric currently has a consensus rating of “Buy” and an average target price of $190.57.
Check Out Our Latest Stock Report on nVent Electric
nVent Electric Trading Down 4.6% Shares of NVT stock opened at $151.51 on Friday. The company has a market capitalization of $24.50 billion, a P/E ratio of 50.33, a P/E/G ratio of 1.44 and a beta of 1.36. nVent Electric PLC has a 12-month low of $77.09 and a 12-month high of $184.64. The company has a quick ratio of 1.21, a current ratio of 1.70 and a debt-to-equity ratio of 0.41. The firm has a 50-day moving average price of $163.72 and a 200 day moving average price of $137.55.
nVent Electric (NYSE:NVT – Get Free Report) last released its quarterly earnings results on Friday, May 1st. The company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.15. nVent Electric had a return on equity of 16.82% and a net margin of 11.37%.The business had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same period in the prior year, the company earned $0.67 EPS. nVent Electric’s revenue for the quarter was up 53.5% on a year-over-year basis. nVent Electric has set its Q2 2026 guidance at 1.120-1.150 EPS and its FY 2026 guidance at 4.450-4.550 EPS. Research analysts forecast that nVent Electric PLC will post 4.56 earnings per share for the current fiscal year.
nVent Electric Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Friday, July 24th will be issued a dividend of $0.21 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $0.84 annualized dividend and a yield of 0.6%. nVent Electric’s dividend payout ratio is currently 27.91%.
nVent Electric announced that its board has approved a share repurchase program on Saturday, May 16th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the company to reacquire up to 1.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.
Insider Transactions at nVent Electric In other nVent Electric news, EVP Aravind Padmanabhan sold 15,942 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $174.00, for a total transaction of $2,773,908.00. Following the completion of the sale, the executive vice president directly owned 23,243 shares of the company’s stock, valued at approximately $4,044,282. The trade was a 40.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Lynnette R. Heath sold 27,471 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $167.59, for a total transaction of $4,603,864.89. Following the completion of the transaction, the executive vice president directly owned 37,089 shares in the company, valued at $6,215,745.51. This trade represents a 42.55% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 87,685 shares of company stock worth $14,961,768. Corporate insiders own 1.70% of the company’s stock.
About nVent Electric (Free Report)
nVent Electric PLC is a global manufacturer of electrical connection, protection and thermal management solutions. The company designs, engineers and produces a broad portfolio of products aimed at enhancing safety, reliability and performance in electrical systems across a variety of industries. Its core offerings include electrical enclosures, heat tracing systems, grounding and bonding products, cable management, and fastening solutions. nVent serves markets such as commercial and industrial construction, oil and gas, telecommunications, data centers, utilities, and renewable energy.
The company’s electrical enclosures and housing solutions protect sensitive components from environmental hazards, while its Raychem brand heat tracing products provide freeze protection and temperature maintenance for critical piping and equipment.
Further Reading Five stocks we like better than nVent Electric Telecom Earnings Reveal a Sector That Finally Looks Healthier Defense Earnings Show Readiness Now and Modernization Ahead Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off MarketBeat Week in Review – 07/20- 07/24 Want to see what other hedge funds are holding NVT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for nVent Electric PLC (NYSE:NVT – Free Report).
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nVent Electric (NYSE:NVT – Get Free Report) and Allient (NASDAQ:ALNT – Get Free Report) are both computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, risk, profitability, dividends, valuation, institutional ownership and earnings.
Earnings & Valuation This table compares nVent Electric and Allient”s revenue, earnings per share (EPS) and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio nVent Electric $3.89 billion 6.29 $710.20 million $3.01 50.33 Allient $554.48 million 2.66 $22.03 million $1.43 60.69 nVent Electric has higher revenue and earnings than Allient. nVent Electric is trading at a lower price-to-earnings ratio than Allient, indicating that it is currently the more affordable of the two stocks.
Insider and Institutional Ownership 90.0% of nVent Electric shares are owned by institutional investors. Comparatively, 61.6% of Allient shares are owned by institutional investors. 1.7% of nVent Electric shares are owned by company insiders. Comparatively, 15.0% of Allient shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Dividends nVent Electric pays an annual dividend of $0.84 per share and has a dividend yield of 0.6%. Allient pays an annual dividend of $0.16 per share and has a dividend yield of 0.2%. nVent Electric pays out 27.9% of its earnings in the form of a dividend. Allient pays out 11.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. nVent Electric has increased its dividend for 2 consecutive years. nVent Electric is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Analyst Recommendations This is a summary of current ratings and price targets for nVent Electric and Allient, as provided by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score nVent Electric 0 1 12 4 3.18 Allient 0 2 4 0 2.67 nVent Electric currently has a consensus target price of $190.57, suggesting a potential upside of 25.78%. Allient has a consensus target price of $79.83, suggesting a potential downside of 8.00%. Given nVent Electric’s stronger consensus rating and higher probable upside, analysts clearly believe nVent Electric is more favorable than Allient.
Profitability This table compares nVent Electric and Allient’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets nVent Electric 11.37% 16.82% 9.03% Allient 4.25% 12.47% 6.37% Risk and Volatility nVent Electric has a beta of 1.36, suggesting that its stock price is 36% more volatile than the S&P 500. Comparatively, Allient has a beta of 1.59, suggesting that its stock price is 59% more volatile than the S&P 500.
Summary nVent Electric beats Allient on 14 of the 18 factors compared between the two stocks.
About nVent Electric (Get Free Report)
nVent Electric plc, together with its subsidiaries, designs, manufactures, markets, installs, and services electrical connection and protection solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management. The Enclosures segment provides solutions to protect electronics and data in mission critical applications, including data solutions. This segment also offers digital and automation solutions, system integrations, and global services. The Electrical & Fastening Solutions segment provides solutions that connect and protect power and data infrastructure. This segment also offers power connections, fastening solutions, cable management solutions, grounding and bonding systems, and tools and test instruments. The Thermal Management segment offers heat management solutions that protect people and assets. This segment includes heat tracing for freeze protection and process temperature maintenance and control; pipe freeze protection, surface deicing, hot water temperature maintenance, floor heating, fire-rated wiring, and leak detection; and heat trace systems, connected controls, remote monitoring, and annual service programs. The company markets its products through electrical distributors, contractors, and original equipment manufacturers under the CADDY, ERICO, GARDNER BENDER, HOFFMAN, ILSCO, RAYCHEM, SCHROFF, and TRACER brand names. Its products are used for various applications, such as industrial, commercial and residential, infrastructure, and energy. nVent Electric plc was founded in 1903 and is based in London, the United Kingdom.
About Allient (Get Free Report)
Allient Inc., together with its subsidiaries, designs, manufactures, and sells precision and specialty controlled motion components and systems for various industries in the United States, Canada, South America, Europe, and Asia-Pacific. It offers brush and brushless DC motors, brushless servo and torque motors, coreless DC motors, integrated brushless motor-drives, gearmotors, gearing, modular digital servo drives, motion controllers, optical encoders, active and passive filters, input/output modules, industrial communications gateways, light-weighting technologies, and other controlled motion-related products, as well as nano precision positioning systems, servo control systems, and digital servo amplifiers and drives. The company sells its products to end customers and original equipment manufacturers in vehicle, medical, aerospace and defense, and industrial markets through direct sales force, authorized manufacturers’ representatives, and distributors. The company was formerly known as Allied Motion Technologies Inc. and changed its name to Allient Inc. in August 2023. Allient Inc. was incorporated in 1962 and is headquartered in Amherst, New York.
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The Zacks Electronics - Miscellaneous Components industry participants are benefiting from the ongoing automation drive and increased spending by manufacturers of semiconductors, automobiles, machinery and mobile phones. Industry participants like nVent Electric (NVT - Free Report) , Forgent Power Solutions (FPS - Free Report) and Vicor (VICR - Free Report) are well-poised to benefit from the solid adoption of AI and the democratization of IoT, which are transforming robotics, industrial automation, transportation systems, retail and healthcare. However, a challenging global macroeconomic environment, end-market volatility and higher tariffs are headwinds. Export restrictions imposed by the United States, as well as China, are a major headwind. Growing geopolitical tensions and foreign currency headwinds are taking a toll on the industry players.
Industry Description The Zacks Electronics - Miscellaneous Components industry primarily comprises companies providing various accessories and parts used in electronic products. The industry participants’ offerings include power control and sensor technologies to mitigate equipment damage, testing products for safety and advanced medical solutions. They cater to varied end markets, such as telecommunications, automotive electronics, medical devices, industrial, transportation, energy harvesting, defense and aerospace electronic systems and consumer electronics. Customers in this industry are mainly original equipment manufacturers, independent electronic component distributors and electronic manufacturing service providers.
3 Trends Shaping the Future of Electronics - Miscellaneous Components Industry Automation Boom a Tailwind: The requirement for faster, more powerful and energy-efficient electronics leads to increased automation. Control systems, such as computers, and robots and information technologies for handling different processes and machinery, are driving the industry. The growing installation of collaborative robots, which add efficiency to production processes by working with production workers, will benefit industry participants. IoT-supported factory automation solutions are other contributing factors. The evolution of smart cars and autonomous vehicles is expected to drive growth for the industry.
Miniaturization Remains a Key Lever: Industry participants are benefiting from the ongoing transition in semiconductor manufacturing technology. Demand for advanced packaging, enabling the miniaturization of electronic products, remains strong. The consistent shift to smaller dimensions, the rapid adoption of device architectures like FinFET transistors and 3D-NAND, and the increasing utilization of new manufacturing materials to increase transistor and bit density are driving the demand for solutions provided by industry players.
Geopolitical Tensions Are Worrisome: Tariffs and the souring relationship between the United States and China are headwinds. Increasing dependency on AI-backed electronic devices on semiconductors and current restrictions ordered by the United States on trading with China, which remains the main hub for chip production, are significant negatives for the industry.
Zacks Industry Rank Indicates Bullish Prospects The Zacks Electronics - Miscellaneous Components industry is housed within the broader Zacks Computer and Technology sector. It carries a Zacks Industry Rank #60, which places it in the top 24% of more than 250 Zacks industries.
The group’s Zacks Industry Rank, the average of the Zacks Rank of all the member stocks, indicates bullish near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one.
Given the bullish prospects, there are a number of stocks that investors can choose to pick for a healthy portfolio. However, before we present the stocks, let us look at the industry’s recent stock-market performance and the valuation picture.
Industry Lags S&P 500 and Sector The Zacks Electronics - Miscellaneous Components industry has underperformed the Zacks S&P 500 composite and the broader Zacks Computer and Technology sector in the past year.
The industry has appreciated 0.7% over this period compared with the S&P 500’s return of 20.9% and the broader sector’s 30.6%.
One-Year Price Performance
Industry's Current Valuation Based on the forward 12-month price-to-earnings (P/E), a commonly used multiple for valuing electronics – miscellaneous components stocks, the industry is currently trading at 24.94X compared with the S&P 500’s 20.85X and the sector’s 23.95X.
In the past five years, the industry has traded as high as 28.51X and as low as 20.27X, with a median of 21.97X, depicted in the charts below.
Forward 12-Month Price-to-Earnings (P/E) Ratio
3 Electronics - Miscellaneous Components Stocks to Buy nVent Electric: This Zacks Rank #1 (Strong Buy) company benefits from durable infrastructure demand as AI-driven data center buildouts and grid upgrades lift orders, backlog and revenue visibility. You can see the complete list of today’s Zacks #1 Rank stocks here.
nVent remains well positioned to benefit from the accelerating AI infrastructure build-out, with management highlighting strong demand across both white-space and gray-space data center applications. Investments in liquid cooling, engineered building solutions and expanded manufacturing capacity, including the new Blaine facility, are expected to support sustained growth. The company also sees long-term opportunities from power grid modernization, electrification and utility infrastructure spending.
nVent shares have returned 57.6% year to date. The Zacks Consensus Estimate for NVT’s 2026 earnings has been revised upward by a penny to $4.56 per share over the past 30 days.
Price and Consensus: NVT
Forgent Power Solutions: This Zacks Rank #1 company continues to benefit from exceptionally strong demand across AI data centers and grid infrastructure, with record bookings, a 2.3 times book-to-bill ratio and nearly $2 billion of backlog providing excellent revenue visibility.
Forgent’s integrated Powertrain Solutions strategy, engineering-led customer engagement and vertically integrated manufacturing model are helping it gain market share and win large multi-product contracts. The company also expects margin expansion and stronger free cash flow as new production facilities ramp and utilization improves through fiscal 2027.
Forgent shares have returned 39% year to date. The Zacks Consensus Estimate for FPS’ 2026 earnings has been revised upward by a penny to 68 cents per share over the past 30 days.
Price and Consensus: FPS
Vicor: This Zacks Rank #2 (Buy) company’s long-term outlook is increasingly tied to AI infrastructure, where its second-generation Vertical Power Delivery (VPD) technology addresses growing power density requirements for hyperscalers and advanced computing systems.
Vicor expects strong Advanced Products growth, expanding licensing revenues, increasing backlog and continued capacity expansion to support higher product shipments. The company also sees significant opportunities from aerospace, industrial and defense markets, while future licensing agreements with OEMs and hyperscalers could become an additional high-margin growth driver.
Vicor shares have jumped 95.9% in the year-to-date period. The Zacks Consensus Estimate for the company’s 2026 earnings has increased 8.5% to $2.94 per share in the past 30 days.
LONDON, July 17, 2026 (GLOBE NEWSWIRE) -- nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, will report second quarter 2026 financial results on Friday, July 31, 2026.
The financial results will be posted on the company’s website at http://investors.nvent.com. The company will issue a news release when the earnings materials are publicly available, including a link to those documents.
The company will also hold a conference call with analysts and investors at 9:00 a.m. ET. Related presentation materials will be posted to http://investors.nvent.com prior to the conference call.
Conference Call and Webcast Details
The call can be accessed via webcast at http://investors.nvent.com or by dialing 1-833-630-1071 or 1-412-317-1832. Once available, a replay of the conference call will be accessible through August 14, 2026, by dialing 1-855-669-9658 or 1-412-317-0088, along with the access code 3803194.
About nVent
nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.
nVent, CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE are trademarks owned or licensed by nVent Services GmbH or its affiliates.
The race to build AI infrastructure has turned electrical equipment providers into the bedrock of the digital age. Investors are now deciding between nVent Electric (NVT +2.38%) and Vertiv Holdings (VRT 0.74%) to power their portfolios.
While both companies specialize in protecting and cooling critical systems, they operate at different scales. nVent focuses on connecting and protecting sensitive equipment across diverse industries, while Vertiv provides the full stack of digital infrastructure for hyperscale data centers.
The case for nVent ElectricnVent Electric designs and manufactures electrical solutions that connect and protect sensitive equipment in data centers, utilities, and commercial buildings. The company is a key player among industrial stocks through its focus on liquid cooling and protective enclosures for high-demand AI environments. Note that its largest customer accounted for roughly 11% of consolidated net sales in late 2025, and such customer concentration adds a layer of risk to the business.
In FY 2025, revenue reached nearly $3.9 billion, representing growth of approximately 30% compared to the previous year. Net income for the same period was $710.2 million, a significant increase from the $331.8 million reported in 2024. This growth reflects the company's successful pivot toward data center infrastructure and its move away from older business lines like thermal management.
As of its December 2025 balance sheet, the debt-to-equity ratio was roughly 0.5x. This metric compares total debt to the value of shareholder equity, indicating a relatively conservative use of debt. Free cash flow, or cash from operations minus capital expenditures, was $427.5 million for the fiscal year.
The case for Vertiv HoldingsVertiv provides critical power and cooling infrastructure for data centers, communication networks, and industrial environments. The company serves massive tech giants such as Microsoft Corp (MSFT 1.46%) and Amazon.com Inc (AMZN +0.18%), who require specialized infrastructure for high-performance computing. At the end of 2025, Vertiv reported a backlog of roughly $15 billion, highlighting the sustained demand for its AI-optimized power and cooling solutions.
In FY 2025, revenue grew by close to 28% to reach approximately $10.2 billion. Net income for the period was more than $1.3 billion, up from approximately $496 million in the prior fiscal year. This expansion is primarily driven by the massive capital expenditure cycles of hyperscale and cloud providers building out new data center capacity.
According to its December 2025 balance sheet, Vertiv had a debt-to-equity ratio of roughly 0.9x. Free cash flow for the year was nearly $1.9 billion, providing significant capital to reinvest into research and development for next-generation cooling technologies.
Risk profile comparisonnVent Electric faces risks related to global economic cycles and industrial capital spending, which can cause revenue to fluctuate. The company also competes in a crowded market against rivals like Eaton Corp (ETN +3.25%), where pricing pressure can impact net margin. Furthermore, its global operations are exposed to tariff volatility and potential supply chain disruptions that could harm financial performance if not managed effectively.
Vertiv carries risk due to its high customer concentration, as a large portion of its revenue depends on a few hyperscale and neocloud providers. If these major customers shift their technology priorities or reduce capital spending, Vertiv could face significant pricing pressure. Additionally, the company operates under long-term, fixed-price contracts, in which inaccurate cost estimates or project delays can lead to penalties and lower operating margins.
Valuation comparisonVertiv trades at a higher valuation than nVent Electric, reflecting its larger market share in hyperscale data center cooling and higher expected growth in future earnings estimates.
MetricnVent ElectricVertivSector BenchmarkForward P/E35.0x49.0x242.8xP/S ratio6.0x11.0xSector benchmark uses the SPDR XLI sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
Vertiv has been a specialist in computer cooling systems since World War Two, and it also offers complementary products for mission-critical technological infrastructure, such as uninterruptible power supplies. The AI-driven data center boom presents a long-term opportunity for Vertiv, especially for its liquid cooling systems. Liquid cooling is better for quickly removing heat from high-powered chipsets. Vertiv believes one-third of the total addressable market for data center cooling will eventually use liquid solutions (technically, some air-cooling and heat-dissipation systems will always be needed to work in tandem with liquid systems).
For 2026, Vertiv revenue should rise 36% to $13.9 billion with a commensurate rise in net income as AI data center demand powers the business.
Similarly, for nVent, AI datacenter demand has been a supercycle for the business. The company has a backlog of some $2.6 billion in contracts with giants like Nvidia Corp (NVDA +4.08%). Close to one-third of nVent’s sales last year were tied to AI data centers, a figure that will probably rise in 2026. That should boost revenue to $5 billion, up 28% over 2025. But higher raw material costs are crimping the bottom line at nVent this year, and mean net income will decline 12%, to $624 million.
Both nVent and Vertiv have pole positions in the liquid cooling market for AI applications, but the superior sales and net income growth of Vertiv make it the pick for investors looking to profit off the trend in 2026.
The massive artificial intelligence (AI) data center boom, grid modernization, and global electrification have made industrial power equipment stocks hugely popular among investors.
Eaton (ETN 2.12%) and nVent Electric (NVT 1.53%) are two such incredible companies, and investors are weighing the merits to see which stock offers a better path to growth and is worth their money.
Eaton is a diversified power management giant with a broad reach in various sectors, including aerospace and vehicles. By contrast, nVent Electric focuses on specialized electrical connection and protection products. Both companies are primary beneficiaries of the data center boom, but their different scales and profitability profiles make for a compelling comparison.
The case for EatonEaton operates as an intelligent power management company, providing solutions for segments among industrial stocks across roughly 180 countries. In 2025, six large customers accounted for nearly 22% of electrical sales, while three aerospace original equipment manufacturers provided close to 20% of segment revenue. This strategic pivot includes the recent acquisitions of Boyd Thermal and Fibrebond to bolster its infrastructure capabilities, while the company spins off its Mobility unit.
In FY 2025, revenue reached nearly $27.4 billion, which represents a growth rate of roughly 10.3% over the previous year. The company reported net income of approximately $4.1 billion, or a net margin of 14.9%, reflecting steady top- and bottom-line growth.
As of its December 2025 balance sheet, the debt-to-equity ratio is roughly 0.6x, representing the company's total debt relative to shareholder equity. The current ratio, which measures short-term assets against liabilities, is approximately 1.3x. Free cash flow (FCF) for the period reached nearly $3.6 billion, calculated as cash from operations minus capital expenditures.
The case for nVent ElectricnVent Electric specializes in high-performance electrical connection and protection solutions, serving diverse sectors, from industrial automation to renewable energy and railways. Approximately 11% of its 2025 net sales came from one customer, which indicates a degree of customer concentration. Management is currently refining its go-to-market strategy under new leadership to capitalize on the global demand for data center cooling and electrical infrastructure upgrades.
During FY 2025, nVent Electric generated revenue of nearly $3.9 billion, a big 30% jump over the previous year. It earned net income of roughly $710.2 million and delivered a strong net margin close to 18.2%. The growth was partially driven by the integration of recent acquisitions, like the Electrical Products Group and Trachte.
As of the December 2025 balance sheet, nVent Electric maintained a debt-to-equity ratio of roughly 0.5x. Its current ratio is approximately 1.6x, while FCF was close to $371.9 million, representing the cash remaining after the company paid for its capital expenditures and day-to-day operational needs.
Risk profile comparisonEaton is spinning off its Mobility division to Dana (DAN 0.04%) in a $5.1 billion deal, which faces execution risks. Meanwhile, integrating recent acquisitions such as Boyd Thermal and Fibrebond also poses challenges that could hurt financial performance if synergies are not realized. Furthermore, Eaton’s aggressive move into liquid-cooling for data centers is a smart move, but it also increases its sensitivity to the volatile capital-spending cycles of hyperscale customers.
For nVent Electric, revenue is highly sensitive to cyclical demand in industrial and commercial markets, where an economic downturn could quickly reduce capital spending. The company must also successfully integrate large acquisitions, such as Trachte, to realize its projected growth and operational efficiencies. Finally, fluctuating prices for raw materials like copper and steel create inflationary pressures that may compress net margins if they cannot be passed to customers.
Valuation comparisonEaton appears slightly more affordable on a sales basis, though both companies trade at a premium to the broader industrial market's earnings estimates.
MetricEatonnVent ElectricSector BenchmarkForward P/E30.0x35.0x242.8xP/S ratio5.7x6.7xSector benchmark uses the SPDR XLI sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
Which stock would I buy in 2026?Eaton is among the world’s largest “intelligent” power management companies. It builds the heavy-duty infrastructure that safely controls and distributes electricity, preventing equipment from overheating. Major products include transformers, switchgear, substations, circuit breakers, and uninterruptible power supply (UPS) systems.
Eaton has taken a major growth leap into thermal management through its $9.5 billion Boyd acquisition. Eaton recently delivered a record first quarter, with sales surging 17%, including 10% organic growth and 4% from acquisitions such as Boyd. Its backlog sits at a solid $23 billion, with backlog in core businesses hitting record highs.
Eaton is expanding facilities, setting up a new switchgear plant, and spinning off the low-growth, low-margin Mobility segment while still retaining a 50.1% stake in the combined company. For FY 2026, Eaton raised its organic revenue growth guidance from 8% to 10%.
While Eaton facilitates the safe flow of high-voltage power from the utility grid to facilities, nVent Electric handles the infrastructure inside the server rooms. Once a building, say a data center, is connected to power, nVent provides the cabinets, specialized racks, electrical enclosures, and thermal management solutions (cooling and heating) needed for the systems to function.
nVent has come a long way since it was spun off from Pentair (PNR +0.24%) in 2018, doubling its sales since. Sales surged 51% year over year in Q1, and the company expects 21% to 23% organic revenue growth and 26% to 28% total revenue growth in FY 2026. Sales and orders hit record highs in Q1, and backlog sits at $2.6 billion. nVent is evidently a smaller player than Eaton but is growing much faster.
I like both companies so much that I’d probably buy some shares of each for 2026 and beyond if I had to invest today.
Owning both stocks is a bet on the full stack of AI data center build-out and grid modernization. Eaton’s size, scale, and portfolio serving diverse industries make it a solid industrial powerhouse. nVent’s hunger for growth, especially in the data center market, makes it a compelling AI play.
Key Takeaways nVent Electric is benefiting from strong data center demand, driving record sales, orders and backlog. NVT reported about 40% organic order growth, with AI data center projects boosting its $2.6B backlog. nVent Electric is expanding capacity and investing more to support utility and data center demand. nVent Electric (NVT - Free Report) shares have surged 49.3% year to date, outperforming the Zacks Electronics - Miscellaneous Components industry’s decline of 5.7%. The stock also outperformed its industry peers, including OSI Systems (OSIS - Free Report) , Fabrinet (FN - Free Report) and TE Connectivity (TEL - Free Report) . Year to date, shares of Fabrinet have gained 10.5%, while TE Connectivity and OSI Systems shares have plunged 13.2% and 13.1%, respectively.
The outperformance of nVent Electric’s shares raises the question: Does it still have room to run, or is it time for investors to consider taking profits? Let’s find out.
YTD Price Return Performance
Image Source: Zacks Investment Research
Data Center Demand Boosts NVT's ProspectsnVent Electric is benefiting from strong demand for data center infrastructure, which is becoming a major driver of its revenue growth. In the first quarter of 2026, the company reported organic sales growth of 34%, with infrastructure sales rising nearly 80% year over year. Management said data centers were the biggest contributor to growth, helping the company deliver record sales, orders and backlog.
The company is seeing demand across both gray-space and white-space data center applications. In the gray space, growth was driven by engineered buildings, enclosures and power connections. In the white space, liquid cooling, power distribution units and cable management solutions performed well. Management noted that growth was broad-based across the portfolio and supported by demand from hyperscalers, neocloud providers, multitenant operators and distribution partners.
nVent Electric's order trends also remain strong. Organic orders increased about 40% in the first quarter, largely driven by AI data center projects. Backlog reached a record $2.6 billion, rising in the low double digits sequentially. The company stated that most of its backlog extends beyond 12 months and into 2027, providing visibility into future revenues. Further, in the first quarter, new products added more than 20 percentage points to sales growth, with many of those products tied to data center applications.
To support demand, nVent Electric is increasing capacity across its operations, which should help the company generate more revenue once fully ramped up. The company recently opened its new Blaine, MN, facility and expects production to ramp through 2026. It is also investing in additional capacity for liquid cooling and other data center products.
Overall, the above-mentioned factors show that data center demand is likely to remain an important revenue growth driver for the company. The Zacks Consensus Estimate for nVent Electric’s 2026 revenues is pegged at $4.98 billion, indicating a year-over-year increase of 27.97%.
Image Source: Zacks Investment Research
nVent Electric Benefits From Strength in Power UtilitiesnVent Electric is benefiting from growing investments in power utility infrastructure. In the first quarter of 2026, nVent Electric’s power utility business posted double-digit sales growth, and the company now sees power utility become its second-largest growth opportunity after data centers. NVT's prospects are set to benefit as power utility customers continue to increase their investment to expand grid capacity as electricity demand continues to rise.
Rising power demand from AI data centers is creating an additional need for transmission and distribution infrastructure. Utility customers are upgrading and expanding their networks to support higher electricity loads. This is driving the demand for nVent’s electrical protection and connection products, such as enclosures, power distribution products and related electrical equipment, which bodes well for the company’s prospects in the upcoming quarters.
nVent Electric is investing significantly to support this demand. NVT plans to spend approximately $130 million on capital expenditures in 2026, which is a 40% increase from the prior year. The company said a significant portion of this investment is being directed toward capacity expansion for power utility and data center projects. nVent Electric is also expanding its engineered building solutions business, which serves utility customers.
The EPG acquisition is helping nVent Electric increase its exposure to utility projects. Management stated EPG continues to perform above expectations and is providing additional opportunities in engineered buildings and electrical integration solutions. With double-digit utility sales growth, increased capacity investments and continued utility spending on grid expansion, power utilities are becoming a major contributor to nVent's revenue growth.
Key Technical Indicator Signals Bullish Trend for NVTnVent Electric shares are trading above their 200-day moving average, a bullish technical signal that indicates the potential for continued upward momentum in the near term.
NVT 200-Day Simple Moving Average
Image Source: Zacks Investment Research
NVT’s Valuation Reflects High Growth ExpectationsnVent Electric is currently trading at a higher price-to-sales (P/S) multiple compared with the industry. NVT’s forward 12-month P/S ratio sits at 4.85X, higher than the industry’s forward 12-month P/S ratio of 4.36X.
NVT Forward 12-Month P/S Ratio
Image Source: Zacks Investment Research
NVT stock also trades at a higher P/S multiple compared with other industry peers, including OSI Systems, Fabrinet and TE Connectivity. At present, OSI Systems, Fabrinet and TE Connectivity have P/S multiples of 1.94X, 4.26X and 2.83X, respectively.
NVT’s rally reflects investor excitement about AI-related data center demand, putting it above industry and peers in terms of valuation, reflecting the high growth expectations of the company in the long term.
Conclusion: Buy nVent Electric Stock Right NownVent Electric is seeing steady demand from data centers and power utilities, which is helping drive strong orders and a growing backlog. Further, the company is expanding capacity to support future demand. These factors support the outlook for continued growth. The stock’s valuation reflects high growth expectations from the company, which is set to benefit from strong long-term demand from AI-related data center projects.
Currently, nVent Electric sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Key Takeaways nVent Electric is expanding manufacturing capacity as AI data center and power utility demand accelerate.NVT plans about $130 million in 2026 capital spending to boost production and strengthen its supply chain.NVT launched 11 new products, with new offerings contributing more than 20 points to Q1 2026 sales growth. nVent Electric (NVT - Free Report) is expanding its manufacturing capacity to keep up with growing demand from AI data centers and power utilities. NVT's organic sales grew 34% year over year, while organic orders increased approximately 40% year over year in the first quarter of 2026. Management said data centers were the biggest contributor to growth, helping the company deliver record sales, orders and backlog. nVent Electric believes expanding manufacturing capacity is important to support this demand and maintain growth in the coming years.
A major part of this expansion is the new Blaine, MN, facility, which started production during the first quarter of 2026. Management expects production at the facility to increase through the rest of 2026. Besides Blaine, NVT is expanding manufacturing capacity across several locations for liquid cooling products and engineered building solutions. The company is also increasing capacity for products used in power utility projects as demand for grid infrastructure continues to grow.
nVent Electric is investing heavily to support this demand. NVT plans to spend approximately $130 million on capital expenditures in 2026, indicating a 40% increase from the prior year. The capital spending will be used to expand manufacturing capacity and strengthen the supply chain to support growth in data centers and power utilities and help the company support higher production volumes as demand continues to increase.
Capacity expansion is also helping NVT grow its product portfolio. New product launches, which include products related to liquid cooling and data center applications, contributed more than 20 percentage points to first-quarter sales growth. The company launched 11 new products during the first quarter and expects more launches later this year. The above-mentioned factors show that with higher manufacturing capacity and continued investment in new products, nVent Electric remains well-positioned to meet growing customer demand and support future revenue growth.
How Do Competitors Fare Against NVTnVent Electric competes with companies like Vertiv (VRT - Free Report) and Hubbell (HUBB - Free Report) in the electrical and data center markets.
In April 2026, Vertiv completed the acquisition of Strategic Thermal Labs to expand its engineering capabilities in liquid cooling for AI and high-performance computing (HPC) infrastructure. These capabilities are expected to help Vertiv improve the design, testing and performance of liquid-cooled infrastructure. The acquisition is expected to support Vertiv’s broader strategy of helping customers manage increasingly complex AI and HPC infrastructure by combining power, cooling, controls and lifecycle services into an integrated offering.
Hubbell recently completed the acquisition of NSI Industries, a key manufacturer and supplier of electrical products. The acquisition is expected to strengthen Hubbell’s offerings in areas such as light industrial, data center and network infrastructure applications. Here, electrification trends are expected to support Hubbell's growth across the electrical industry, and the acquisition will help Hubbell expand its portfolio of infrastructure-related products for its electrical and utility customers.
NVT's Price Performance, Valuation & EstimatesShares of nVent Electric have surged 56.9% year to date against the Zacks Electronics - Miscellaneous Components industry’s decline of 2.6%.
nVent Electric YTD Price Return Performance
Image Source: Zacks Investment Research
From a valuation standpoint, nVent Electric trades at a forward price-to-sales ratio of 4.85X, higher than the industry’s average of 4.64X.
NVT Forward 12-Month P/S Ratio
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for nVent Electric’s 2026 and 2027 earnings per share (EPS) implies year-over-year growth of 36.1% and 23.6%, respectively. EPS estimates for both 2026 and 2027 have been revised upward by a penny and 7 cents, respectively, over the past seven days.
Image Source: Zacks Investment Research
nVent Electric currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Key Takeaways nVent Electric raised its 2026 sales and EPS outlook on strong data center and infrastructure demand.NVT delivered first-quarter revenue and earnings beats, supported by record backlog and robust order growth.NVT trades at a premium valuation while tariffs, copper inflation and higher capex remain key headwinds. nVent Electric plc (NVT - Free Report) has rallied 56.9% year to date and 113.6% over the past year, putting valuation discipline at the center of the buy case. That performance has sharply outpaced the Zacks sub-industry’s decline of 2.6% year-to-date and the broader Computer and Technology sector’s 18.2% rise. The business momentum is clear, but the stock is no longer being priced like an undiscovered infrastructure story.
The investment question is whether raised guidance, record backlog and data-center exposure justify paying a premium multiple while tariff, copper and capacity-expansion costs remain in view.
NVT YTD Price Return Performance
Image Source: Zacks Investment Research
NVT Growth Case Looks StrongnVent raised its 2026 reported sales growth guidance to 26-28%, up from its prior view of 15-18%. Organic sales growth guidance moved to 21-23% from 10-13%, while adjusted EPS guidance rose to $4.45-$4.55 from $4.00-$4.15.
That matters because the rally is being backed by improving expectations rather than price action alone. The company’s $2.6 billion backlog and roughly 40% organic order growth in the first quarter add visibility to the revenue path, especially as infrastructure demand remains the main driver.
Vertiv Holdings Co (VRT - Free Report) is a relevant comparison for investors tracking AI infrastructure because it provides critical digital infrastructure for data centers, communication networks and commercial and industrial environments. Eaton Corporation plc (ETN - Free Report) also fits the theme, with solutions and services that help manage and monitor power systems across data center operations.
NVT’s Q1 Beat Reinforces the Growth CasenVent reported first-quarter 2026 adjusted earnings of $1.09 per share, up 62.7% year over year. The result beat the Zacks Consensus Estimate by 15.96%.
Revenues rose 53.5% year over year to $1.24 billion and topped the consensus mark by 12.9%. The quarter showed that data center and power utility demand is converting into reported financial performance, not just backlog commentary.
NVT’s Valuation Already Prices in Strong GrowthValuation is the main reason investors should be selective after the rally. NVT trades at 31.62X forward 12-month earnings, above 27.86X for the Zacks sub-industry, 24.14X for the Zacks sector and 21.13X for the S&P 500.
NVT Forward 12-Month P/E Ratio
Image Source: Zacks Investment Research
The $195 price target also implies a richer setup, reflecting 38.57X forward 12-month earnings. That does not negate the growth case, but it does mean a larger portion of expected success may already be embedded in the stock.
Margin and Cost Headwinds Could Limit NVT’s UpsideExecution risk rises when a company is scaling this quickly. Management expects full-year adjusted margin improvement of 30-40 basis points, but the expansion is expected to be back-half weighted, with the first half essentially flat.
Tariffs and raw materials add friction. The 2026 outlook includes about $80 million of tariff impact, while copper inflation pressured Electrical Connections, where adjusted return on sales fell 390 basis points to 24.4% in the first quarter. Capex is also expected to reach roughly $130 million in 2026, up 40%, to support data center, power utility and supply-chain capacity.
What NVT’s Rank and Scores Signal NowThe bottom line is that NVT still has a strong fundamental case, but the stock looks better suited to investors comfortable paying for momentum and earnings revisions than to investors looking for a discount.
NVT currently sports a Zacks Rank #1 (Strong Buy). Its Style Scores are less balanced, with a VGM Score of D, Value Score of D, Growth Score of D and Momentum Score of A. You can see the complete list of today’s Zacks #1 Rank stocks here.
That mix supports a bullish near-term revision story, while the weak Value Score and Growth Score reinforce that investors are not buying a cheap stock. For bargain hunters, the premium multiple is a real constraint. For momentum- and revision-focused investors, NVT still has a stronger case.
Key Takeaways nVent Electric is benefiting from AI infrastructure demand across power, enclosures and engineered buildings.NVT posted nearly 80% organic infrastructure sales growth, with orders up 40% and backlog at $2.6 billion. NVT is investing in capacity despite tariff, copper and capital spending pressures supporting future growth. nVent Electric plc (NVT - Free Report) is becoming a useful case study in how AI infrastructure spending is spreading beyond chips and servers. Its role in enclosures, power distribution, engineered buildings, cable management and liquid cooling makes it a broader infrastructure play.
The investment angle is that AI demand is turning into an electrification and digitalization story, where physical electrical systems matter as much as compute capacity.
NVT’s Role in the AI Infrastructure BuildoutnVent is a picks-and-shovels provider for the AI buildout. Its portfolio includes enclosures, liquid and air cooling, control buildings, switchgear, bus systems, power connections, cable management, electrical connections and equipment protection.
The opportunity is not limited to one product category. Management cited broad-based data center strength across both gray space and white space, with gray space demand in engineered buildings, enclosures and power connections, and white space growth led by liquid cooling, power distribution units and cable management.
Vertiv Holdings Co (VRT - Free Report) is another relevant AI infrastructure name because it provides critical digital infrastructure for data centers, communication networks and commercial and industrial environments. Eaton Corporation plc (ETN - Free Report) also fits the theme, with data center solutions and services that help customers implement, manage and monitor power systems.
nVent Benefits from Grid UpgradesData center growth is also a power and grid story. nVent’s demand is tied to electrification, digitalization, grid capacity and data center investment, linking the company to both technological and industrial spending cycles.
Acquisitions have broadened that exposure. ECM Industries added connectors, tools, test instruments and cable management, Trachte added engineered control buildings, and the acquired Avail infrastructure businesses expanded nVent’s presence in power utilities and data centers.
NVT Uses Product Breadth as LeveragenVent’s advantage is not just that it serves fast-growing end markets. The company is using product breadth and added capacity to convert that demand into a larger footprint across data center infrastructure.
In the first quarter, nVent launched 11 new products, and new products contributed more than 20 points to sales growth. Its new Blaine, MN, facility began production in the quarter and is expected to ramp through 2026, supporting demand across engineered buildings, enclosures, power connections, liquid cooling, power distribution units and cable management.
That is why the story reaches beyond cooling. Infrastructure sales grew nearly 80% organically in the first quarter, led by data centers and power utilities, while organic orders rose about 40% and backlog reached $2.6 billion.
nVent Must Balance Growth and CostsThe emerging trend remains attractive, but fast growth brings pressure. Margin expansion is expected to be back-half weighted, with 2026 adjusted margin improvement of 30-40 basis points and the first half essentially flat.
Costs and cash needs also matter. Electrical Connections’ adjusted return on sales fell 390 basis points to 24.4% in the first quarter due mainly to copper inflation. The 2026 outlook includes about $80 million of tariff impact, while capex is expected to reach about $130 million, up 40%, to support data center, power utility and supply-chain capacity.
What NVT’s Rank and Scores Signal NowThe bottom line is that NVT is emerging as an AI infrastructure winner beyond cooling because its opportunity spans power, protection, buildings and connectivity. That breadth gives the company leverage to data center growth and grid modernization.
NVT currently flaunts a Zacks Rank #1 (Strong Buy). It has a VGM Score of D, Value Score of D, Growth Score of D and Momentum Score of A. You can see the complete list of today’s Zacks #1 Rank stocks here.
That mix suggests analysts’ near-term earnings expectations are moving favorably, while the Momentum Score shows the trend has been rewarded in the stock price. The weak Value Score and Growth Score keep the setup from looking like a simple bargain, reminding investors that trend leadership does not automatically create valuation comfort.
Key Takeaways nVent Electric raised its 2026 sales outlook as orders and backlog reflected strong demand.NVT is seeing broad data center demand across enclosures, liquid cooling and power infrastructure products.NVT is expanding capacity with new products and its Blaine facility to support future growth. nVent Electric plc (NVT - Free Report) is increasingly tied to two durable investment themes: AI-driven data center buildouts and grid modernization.
The key question for investors is whether that demand can support the company’s raised 2026 outlook, expanding backlog and product-led share gains across both white space and gray space applications.
Inside NVT’s Electrical Infrastructure PortfolionVent designs and manufactures electrical connection and protection solutions used in infrastructure, industrial, commercial and residential, and energy applications. Its portfolio spans enclosures, cooling, switchgear, bus systems, power connections, cable management and equipment protection.
The company reports two segments: Systems Protection and Electrical Connections. Systems Protection accounted for about 67% of 2025 sales, while Electrical Connections contributed about 33% of total sales, showing that the business remains concentrated in systems protection.
nVent Electric Rides on Data Center SpendingData center spending is lifting demand across engineered buildings, enclosures, liquid cooling, power distribution units and cable management. Management cited broad-based growth across both gray space and white space, a useful sign because NVT is not relying on a single product line.
Infrastructure sales grew nearly 80% organically in the first quarter, led by data centers and power utilities. Vertiv Holdings Co (VRT - Free Report) is another relevant name in this theme, with a business focused on critical digital infrastructure for data centers, communication networks and commercial and industrial environments. Eaton Corporation plc (ETN - Free Report) also fits the broader data center power discussion, with solutions and services designed to manage and monitor data center power systems.
NVT’s Backlog Adds Revenue VisibilityBacklog is central to the current NVT story. Organic orders rose about 40% in the first quarter, and backlog reached $2.6 billion, up low double digits sequentially.
That backlog gives investors a clearer view of demand conversion through the year. It also supports management’s decision to raise 2026 reported sales growth guidance to 26-28% and organic sales growth guidance to 21-23%.
nVent Expands Capacity for GrowthnVent is also investing to meet faster demand. The company launched 11 new products in the first quarter, and new products contributed more than 20 points to sales growth.
Capacity is another part of the growth case. The new Blaine, MN, facility started production in the first quarter and is expected to ramp through 2026. Portfolio expansion through ECM Industries, Trachte and the acquired Avail infrastructure businesses has also deepened NVT’s reach in power utilities and data centers.
What NVT’s Rank and Scores Signal NowThe bottom line is that nVent’s outlook has improved because demand is showing up in sales, orders, backlog and capacity plans. The growth story looks multi-year in nature, but execution remains important as the company absorbs rapid growth, higher capex needs, tariff costs and copper-related pressure.
NVT currently carries a Zacks Rank #1 (Strong Buy). Its Style Scores are more mixed, with a VGM Score of D, Value Score of D, Growth Score of D and Momentum Score of A. You can see the complete list of today’s Zacks #1 Rank stocks here.
That combination suggests the stock’s near-term appeal is driven more by earnings revisions and price action than by traditional value characteristics. For investors, NVT remains a data center and grid modernization stock with strong momentum, but not a classic value setup.
Key Takeaways nVent Electric cited liquid cooling as one of the strongest-performing data center products in Q1 2026.NVT is expanding capacity and plans $130M in 2026 capital spending to support data center growth.New products added over 20 percentage points to Q1 2026 sales growth, including liquid cooling offerings. nVent Electric (NVT - Free Report) is witnessing liquid cooling become a key growth driver on the back of rising spending on AI data center infrastructure. In the first quarter of 2026, liquid cooling was highlighted as one of the strongest-performing products in NVT's data center business. The growth is being driven by the rising usage of AI servers to support the rapid buildout of AI data centers.
Nowadays, AI workloads have become more complex, due to which servers generate more heat and require more advanced cooling systems, which is increasing the demand for liquid cooling solutions. NVT benefits from this trend. NVT saw strong demand across both white-space and gray-space data center products in the first quarter. Within the white space, liquid cooling was one of the biggest contributors to growth. The company is benefiting as hyperscalers, neocloud providers and other data center operators increase spending on AI infrastructure.
nVent Electric is investing heavily to support this demand. The company recently opened its Blaine, Minnesota facility, which started production during the first quarter and is expected to ramp up throughout the year. The company is also expanding liquid cooling capacity across multiple facilities. NVT projects $130 million in capital expenditures in 2026 to support the growth in data centers and power infrastructure.
New product launches, which include products related to liquid cooling and data center applications, contributed more than 20 percentage points to first-quarter sales growth. The company launched 11 new products during the first quarter and expects more launches later this year. Further, NVT is working with chip manufacturers on liquid cooling product roadmaps through 2030, positioning nVent Electric to benefit from future AI data center investments.
The Zacks Consensus Estimate for nVent Electric’s 2026 revenues is pegged at $4.98 billion, indicating a year-over-year increase of 27.9%.
How Do Competitors Fare Against NVTnVent Electric competes with companies like Vertiv (VRT - Free Report) and Hubbell (HUBB - Free Report) in the electrical and data center markets.
In April 2026, Vertiv completed the acquisition of Strategic Thermal Labs to expand its engineering capabilities in liquid cooling for AI and high-performance computing (HPC) infrastructure. These capabilities are expected to help Vertiv improve the design, testing and performance of liquid-cooled infrastructure. The acquisition is expected to support Vertiv’s broader strategy of helping customers manage increasingly complex AI and HPC infrastructure by combining power, cooling, controls and lifecycle services into an integrated offering.
Hubbell recently completed the acquisition of NSI Industries, a key manufacturer and supplier of electrical products. The acquisition is expected to strengthen Hubbell’s offerings in areas such as light industrial, data center and network infrastructure applications. Here, electrification trends are expected to support Hubbell's growth across the electrical industry, and the acquisition will help Hubbell expand its portfolio of infrastructure-related products for its electrical and utility customers.
NVT's Price Performance, Valuation & EstimatesShares of nVent Electric have surged 66.3% year to date compared with the Zacks Electronics - Miscellaneous Components industry’s return of 2.8%.
nVent Electric YTD Price Return Performance
Image Source: Zacks Investment Research
From a valuation standpoint, nVent Electric trades at a forward price-to-sales ratio of 5.12X, higher than the industry’s average of 4.91X.
NVT Forward 12-Month P/S Ratio
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for nVent Electric’s 2026 and 2027 earnings per share (EPS) implies year-over-year growth of 35.8% and 22.3%, respectively. EPS estimates for both 2026 and 2027 have been revised upward by 9.6% and 15.1%, respectively, over the past 60 days.
Image Source: Zacks Investment Research
nVent Electric currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
This is a fair market value price provided by Massive. Learn more.
52-Week Range$68.90▼
$184.64Dividend Yield0.50%
P/E Ratio56.04
Price Target$189.50
When a stock is up more than 60% in just six months, it can create one of two emotions in investors. On the one hand, it can create FOMO (fear of missing out), which can cause investors to chase the stock higher.
The other emotion is fear, which may cause existing shareholders to sell.
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This could be the situation with nVent Electric NYSE: NVT. This is a London-based manufacturer of electrical components and liquid cooling systems used inside data centers.
NVT is up 66% year to date, but recent analyst activity suggests there could be significant upside for the stock.
Part of the Modern Day Gold RushAs it turns out, data centers take a long time to build. That revelation is one reason behind the volatility in the AI infrastructure trade. Investors bought into many stocks that were linked to data centers in a fashion that resembled a modern-day gold rush.
But the real advice to follow behind this trade may be to be quick, but don’t hurry. It’s important to be in these stocks, but there is time. Many planned data center projects haven’t broken ground yet and won’t be completed in 2027, let alone 2026. This will be a growth story that has years to go.
That slow, steady approach applies to nVent. Energy is a major story relative to data centers. Specifically, the hardware needed to power AI models needs access to 24/7 power, and there’s not enough of it.
However, the other energy issue is the heat density problem created by modern AI and high-performance computing hardware. For example, many of the top AI accelerators in use today can draw 700W to 1,000W per chip. A single server rack full of them can pull 100kW or more. That exceeds the cooling capacity of traditional air cooling systems.
This is why many hyperscalers are turning to liquid cooling solutions. Water conducts heat roughly 25x more efficiently than air. That means far more heat can be removed from a much smaller space, which directly enables denser, more powerful server configurations.
The Sector Is Underpriced, But Not for LongInvestors who are aware of the liquid cooling story may point out that nVent competes with Vertiv NYSE: VRT in this space. That’s true, but the focus should be on the size of the pie, which will allow for more than one winner.
The liquid cooling market in 2026 is only projected to be valued at around $8.5 billion. However, that number is expected to grow to around $17.7 billion by 2030. That’s a compound annual growth rate (CAGR) of over 20%.
In its Q1 2026 earnings report, nVent showed why investors can believe there’s more growth to come. The company delivered record revenue and earnings per share (EPS). But more importantly, it announced a backlog that exceeded forecasts. That allowed it to raise its full-year guidance on the top and bottom lines.
nVent Benefits From Long-Term AI Infrastructure SpendingOverall MarketRank™92nd Percentile
Analyst RatingBuy
Upside/Downside12.2% Upside
Short Interest LevelHealthy
Dividend StrengthWeak
News Sentiment1.37 Insider TradingSelling Shares
Proj. Earnings Growth22.42%
See Full Analysis
The risk in the AI infrastructure story in 2026 goes back to the timing. Specifically, is the AI infrastructure buildout an illusion or a story that’s still in the early stages? Critics (and cynics) would say that a data center planned isn’t the same as a data center built.
However, the earnings season just ended confirmed that hyperscalers continue to commit capital, and companies like nVent are confirming that those dollars are translating to projects that are under construction.
Companies such as Microsoft NASDAQ: MSFT and Alphabet NASDAQ: GOOGL aren’t going to commit billions of dollars and eat into their earnings and free cash flow on projects they don’t intend to see through. The current reality is that many businesses will demand the compute capacity to run AI for their operations.
That’s why analysts continue to increase their price targets. In June, analysts from Bernstein and Melius Research issued price targets of $218 and $214, respectively, for NVT. Both are well above the consensus price target of $189.50.
NVT Stock Pullback: Key Levels Investors Should WatchNVT has been in a strong uptrend since early 2026, consistently riding above its 50-day moving average. That gap between the current price and the simple moving average (SMA) signals solid bullish momentum with room to pull back before the trend is threatened.
The recent drop of over 8% on a noticeable volume spike is the key event to watch. That kind of selling pressure warrants caution in the short term.
The RSI sits at 53.36, right in neutral territory, which in this case is constructive. It means NVT isn't oversold, but it also isn't overheated, leaving room to move in either direction.
Watch the $159–$160 SMA zone as the first meaningful support level on any continued weakness.
Should You Invest $1,000 in nVent Electric Right Now?Before you consider nVent Electric, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and nVent Electric wasn't on the list.
While nVent Electric currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
SelectQuote, Inc. (SLQT - Free Report) : This insurance technology company has seen the Zacks Consensus Estimate for its current year earnings increasing 78.6% over the last 60 days.
EZCORP, Inc. (EZPW - Free Report) : This pawn services company has seen the Zacks Consensus Estimate for its current year earnings increasing 11.1% over the last 60 days.
Douglas Dynamics, Inc. (PLOW - Free Report) : This commercial vehicle equipment company has seen the Zacks Consensus Estimate for its current year earnings increasing 15.4% over the last 60 days.
nVent Electric plc (NVT - Free Report) : This electrical equipment company has seen the Zacks Consensus Estimate for its current year earnings increasing 9.6% over the last 60 days.
Alto Ingredients, Inc. (ALTO - Free Report) : This specialty chemicals company has seen the Zacks Consensus Estimate for its current year earnings increasing 184.2% over the last 60 days.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
11 June 2026 Northern Venture Trust PLC Annual Report and Financial Statements for the year ended 31 March 2026 Northern Venture Trust PLC is a Venture Capital Trust (VCT) advised by Mercia Fund Management Limited. The trust was one of the first VCTs launched on the London Stock Exchange in 1995.
11 JUNE 2026 NORTHERN VENTURE TRUST PLC STATEMENT REGARDING INTENTION TO FUNDRAISE Northern Venture Trust PLC (“the Company”) is pleased to announce that, subject to obtaining any required shareholder or regulatory approvals, in conjunction with Northern 2 VCT PLC and Northern 3 VCT PLC (together with the Company known as the “Northern VCTs”), it intends to launch a joint offer of new ordinary shares for subscription in the 2026/27 tax year (“the Offer”). It is envisaged that the Offer will seek to raise up to £10 million for the Company.
nVent Electric (NVT - Free Report) reported $1.24 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 53.5%. EPS of $1.09 for the same period compares to $0.67 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.1 billion, representing a surprise of +12.94%. The company delivered an EPS surprise of +16.43%, with the consensus EPS estimate being $0.94.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how nVent performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Electrical Connections: $347 million compared to the $338.48 million average estimate based on three analysts.Net Sales- Systems Protection: $895 million versus the three-analyst average estimate of $747.91 million.Segment income (loss)- Electrical Connections: $84.8 million versus the two-analyst average estimate of $97.99 million.Segment income (loss)- Systems Protection: $203.1 million versus the two-analyst average estimate of $156.1 million.View all Key Company Metrics for nVent here>>>
Shares of nVent have returned +34.7% over the past month versus the Zacks S&P 500 composite's +10% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
Key Takeaways nVent Electric reported Q1 EPS of $1.09, up 62.7% YoY, beating estimates by nearly 16%.NVT saw revenues jump 53.5% YoY to $1.24B, driven by strong data center demand and 40% order growth.nVent Electric raised 2026 guidance, projecting up to 28% sales growth and a higher adjusted EPS outlook. nVent Electric plc (NVT - Free Report) reported first-quarter 2026 adjusted earnings of $1.09 per share, which increased 62.7% year over year and beat the Zacks Consensus Estimate by 15.96%.
NVT’s revenues rose 53.5% year over year to $1.24 billion and topped the consensus mark by 12.9%.
The quarter’s outperformance reflected broad-based data center strength, with NVT highlighting record sales, orders and backlog. Notably, backlog ended the quarter at $2.6 billion, while organic orders grew by approximately 40%.
NVT Segment Results Show Infrastructure-Led StrengthSystems Protection delivered net sales of $894.8 million, up 76.1% year over year, including 50% organic growth. Segment income surged 95% to $203.1 million, while return on sales expanded 220 basis points year over year to 22.7%.
Electrical Connections posted net sales of $347.2 million, up 15.3% year over year, with 8% organic growth. Segment income was $84.8 million, essentially flat year over year, and return on sales declined 390 basis points to 24.4%, primarily reflecting inflationary pressures highlighted by management.
nVent Margin Profile Held Up Despite Cost HeadwindsGross profit was $445.6 million, with a gross margin of 35.9% compared with 38.8% in the year-ago quarter. Selling, general and administrative expenses increased to $227.2 million, but improved as a percentage of sales to 18.3% from 20.5% a year ago.
Research and development spending rose to $22.7 million, representing 1.8% of net sales versus 2.2% in the prior-year quarter. Operating income increased 50.5% year over year to $195.7 million, with reported return on sales at 15.8%, while adjusted operating income came in at $248.5 million, translating to an adjusted return on sales of 20.0%.
NVT Cash Generation Improves, Balance Sheet Stays SolidnVent had cash and cash equivalents of $190 million at the end of March 31, compared to $237.5 million as of Dec. 31, 2025. Total debt finished at about $1.6 billion, and management cited net leverage of 1.5x, below its targeted range of 2.0x to 2.5x. Share repurchases totaled $50.4 million in the quarter, while dividends paid were $34.2 million.
Net cash provided by operating activities of continuing operations increased to $89.9 million from $63.9 million in the year-ago quarter. Capital expenditures were $36.1 million, resulting in free cash flow of $53.8 million versus $44.4 million a year ago.
NVT Scales Data Center Capacity and New Products
Management emphasized that data center demand was broad-based across both “gray space” and “white space.” Within gray space, the company cited strength in engineered buildings, enclosures and power connections, while white space growth was led by liquid cooling, along with power distribution units and cable management.
Operationally, the company pointed to investments in capacity and innovation to support elevated demand. The quarter included the launch of 11 new products, and management said new products contributed more than 20 points to sales growth. nVent also noted that its new Blaine, Minnesota, facility began production in the quarter and is expected to ramp through the year. In the data center business specifically, management referenced a mix that is 80% white space and 20% gray space.
NVT Raises 2026 Guidance After Strong Q1 ExecutionFor full-year 2026, nVent raised its outlook and now expects reported sales growth of 26% to 28%, including organic sales growth of 21% to 23%. The Zacks Consensus Estimate for nVent Electric’s 2026 revenues is pegged at $4.54 billion, indicating year-over-year growth of 16.7%.
The company lifted its adjusted earnings outlook to $4.45-$4.55 per share. The Zacks Consensus Estimate for nVent Electric’s 2026 earnings is pegged at $4.15, indicating year-over-year growth of 23.9%.
For the second quarter of 2026, nVent expects reported sales growth of 28% to 30%, with organic sales growth of 23% to 25%.
NVT’s adjusted earnings are expected to be $1.12-$1.15 per share. The Zacks Consensus Estimate for nVent Electric’s second-quarter 2026 revenues is pegged at $1.04, indicating year-over-year growth of 20.93%.
Zacks Rank and Other Stocks to ConsiderCurrently, NVT carries a Zacks Rank #2 (Buy).
Some other top-ranked stocks in the broader Zacks Computer and Technology sector are Broadcom (AVGO - Free Report) , Celestica (CLS - Free Report) and Samsara (IOT - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Broadcom have gained 21.7% year to date. The Zacks Consensus Estimate for Broadcom’s 2026 earnings is pegged at $11.45 per share, up by a penny over the past 30 days, indicating an increase of 68% year over year.
Shares of Celestica have rallied 41.7% year to date. The Zacks Consensus Estimate for Celestica’s 2026 earnings is pegged at $9.85 per share, up $1.01 over the past seven days, indicating an increase of 62.8% year over year.
Samsara shares have lost 14% year to date. The Zacks Consensus Estimate for IOT’s fiscal 2027 earnings is pegged at 68 cents per share, up 11 cents over the past 60 days, indicating an increase of 21.4% year over year.
Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 5th:
Indivior Pharmaceuticals Inc. (INDV - Free Report) : This specialty pharmaceutical company, which is engaged in discovering and developing medications and treatment for alcohol addiction, opioid overdose, cocaine intoxication and co-occurring conditions, such as schizophrenia, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.6% over the last 60 days.
Indivior Pharmaceuticals' shares gained 13.5% over the last three month compared with the S&P 500’s gain of 4%. The company possesses a Momentum Score of A.
nVent Electric (NVT - Free Report) : This company, which is a provider of electrical connection and protection solutions which design, manufacture, market, install and service that connect and protect equipment, buildings and critical processes, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.3% over the last 60 days.
nVent Electric’s shares gained 44.6% over the last three month compared with the S&P 500’s gain of 4%. The company possesses a Momentum Score of A.
Avnet (AVT - Free Report) : This company, which is one of the world’s largest distributors of electronic components and computer products, has a Zacks Rank #1, and witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.5% over the last 60 days.
Avnet’s shares gained 21.4% over the last three month compared with the S&P 500’s gain of 4%. The company possesses a Momentum Score of A.
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here.
LONDON, May 05, 2026 (GLOBE NEWSWIRE) -- nVent (NYSE: NVT), a global leader in electrical connection and protection solutions, today announced its participation in the Wolfe Research 19th Annual Global Transportation and Industrials Conference on Tuesday, May 19, 2026. Gary Corona, Chief Financial Officer, will present at 8:35 a.m. ET.
A webcast will be available on nVent’s Investor Relations website at https://investors.nvent.com/events-and-presentations.
About nVent
nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.
nVent, CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE are trademarks owned or licensed by nVent Services GmbH or its affiliates.
After already being off to a strong start in 2026, nVent Electric (NVT 4.28%) added some more fuel to its stock market rally with its first-quarter 2026 earnings report.
For the maker of electrical closures, cooling systems, and power distribution products, demand from data centers is increasing. With the stock price already up so much over the last year, some investors may be wondering if this nVent bull run can continue.
Image source: Getty Images.
What impressed investors about the Q1 results There was a lot to like in the latest earnings report, which included record quarterly revenue of $1.2 billion, a 53% jump from the $809 million reported from the previous year. nVent management also said that the second quarter and the rest of the year should be strong.
For Q2 2026, revenue is expected to grow between 28% and 30%. For full-year guidance, it massively boosted its outlook, moving previously expected sales growth of 15% to 18% to a range of 26% to 28%. The company also reported a record backlog of $2.6 billion, so needless to say, it was a strong quarter that could mark the start of an even stronger year if the company's forecasts are met.
Can the nVent bull run continue? The nVent stock price was performing well before this report, but as I write this, shares are now up 66% this year.
Today's Change
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With it climbing so high and so fast, it's only fair to wonder if buying the stock now means investors are buying at a peak before a potential pullback. There's no way to know, but as data centers are being built, investors saw in this recent report that customers are turning to nVent for electrical, power, and cooling solutions. With data center expansion, that's even more business for nVent, making this a long-term investment consideration.
Investors may still want to consider starting a position slowly and adding to it over time. This can potentially lower the investment's total cost over time and help alleviate concerns about buying only during stock price peaks.
Jack Delaney has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Key Takeaways CSCO, IRM, and NVT are all seeing record results thanks to their roles in the AI buildout. Each sport bullish EPS outlooks, with sales expectations also climbing for each. The 2026 Q1 earnings season is nearing its end for S&P 500 members, with just a small portion yet to report their results. It’s been another period of momentum and strength, with both earnings and revenue growth remaining rock-solid across the board.
So far, several companies have posted notably strong results, including Iron Mountain (IRM - Free Report) , Cisco (CSCO - Free Report) , and nVent Electric (NVT - Free Report) , which each set quarterly sales records and are enjoying momentum thanks to the AI buildout.
Cisco Sees Record Demand With an industry-leading networking portfolio, AI-native security solutions, and operating systems, Cisco is well-positioned to provide the critical infrastructure for the AI era.
Sales of $15.8 billion reflected a record for the company, also exceeding the high end of its prior guidance. The company noted broad-based, record-high demand for its technology, with overall product orders growing by a sizable 35% YoY. Importantly, data center switching orders grew 40% from the year-ago period, underpinning its important role amid the buildout.
Favorable EPS revisions for its current and next fiscal year have helped land it into a Zacks Rank #2 (Buy), with shares also soaring throughout 2026.
Image Source: Zacks Investment Research
nVent Electric SoarsnVent Electric designs, manufactures, markets, installs, and services high-performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings, and critical processes.
Sales of $1.2 billion in nVent Electric’s latest release grew 53% YoY, setting a new company record. The company also reported record orders and an all-time high backlog, underpinned by the favorable demand environment it’s currently in.
Momentum within data center solutions led it to increase its full-year sales and EPS guidance. The stock sports the highly coveted Zacks Rank #1 (Strong Buy), with its current and next year EPS outlook remaining highly bullish.
Image Source: Zacks Investment Research
Iron Mountain Raises GuidanceIron Mountain builds and operates high-security, high-power facilities where they lease space, cooling, and massive electrical capacity to major corporations that need a physical home for their AI servers and data hardware.
The company reported record results across several key performance metrics in its latest release, with record sales of $1.9 billion growing 22% YoY thanks to strong performance across its growth businesses of data center, asset lifecycle management (ALM), and digital.
Iron Mountain is also off to a strong start to the year in data center leasing, leasing 32 megawatts through April. Given the outsized growth and favorable trends of growing data center capacity coming online, the company raised its full-year guidance, adding to the positivity.
Like those above, the EPS outlook for its current and next fiscal years remains nicely bullish, helping support its share momentum.
Image Source: Zacks Investment Research
Bottom Line
All three companies above – Iron Mountain (IRM - Free Report) , Cisco (CSCO - Free Report) , and nVent Electric (NVT - Free Report) – posted rock-solid quarterly results this cycle, delivering record sales and seeing strong momentum thanks to data center trends stemming from the AI buildout.
LONDON, May 16, 2026 (GLOBE NEWSWIRE) -- nVent Electric plc (NYSE: NVT) announced today that it will pay a regular quarterly cash dividend of US$0.21 per ordinary share on August 7, 2026, to shareholders of record at the close of business on July 24, 2026.
About nVent
nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.
nVent, CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE are trademarks owned or licensed by nVent Services GmbH or its affiliates.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains statements that we believe to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact are forward looking statements. Without limitation, any statements preceded or followed by or that include the words “targets,” “plans,” “believes,” “expects,” “intends,” “will,” “likely,” “may,” “anticipates,” “estimates,” “projects,” “forecasts,” “should,” “would,” “could,” “positioned,” “strategy,” “future,” “are confident,” or words, phrases or terms of similar substance or the negative thereof, are forward-looking statements. All projections in this press release are also forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond our control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Among these factors are adverse effects on our business operations or financial results, including the overall global economic and business conditions impacting our business; the ability to achieve the benefits of our restructuring plans; the ability to successfully identify, finance, complete and integrate acquisitions, including the Electrical Products Group acquisition; competition and pricing pressures in the markets we serve; the impacts of tariffs; volatility in currency exchange rates, interest rates and commodity prices; inability to generate savings from excellence in operations initiatives consisting of lean enterprise, supply management and cash flow practices; inability to mitigate material and other cost inflation; risks related to the availability of, and cost inflation in, supply chain inputs, including labor, raw materials, commodities, packaging and transportation; increased risks associated with operating foreign businesses; risks associated with or arising from military conflicts; the ability to deliver backlog and win future project work; failure of markets to accept new product introductions and enhancements; the impact of changes in laws and regulations, including those that limit U.S. tax benefits; the outcome of litigation and governmental proceedings; and the ability to achieve our long-term strategic operating goals. Additional information concerning these and other factors is contained in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. All forward-looking statements speak only as of the date of this press release. nVent assumes no obligation, and disclaims any obligation, to update the information contained in this press release.
LONDON, May 16, 2026 (GLOBE NEWSWIRE) -- 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 effective on July 23, 2026. The program is in addition to nVent’s existing authorization approved in July 2024, which expires July 23, 2027. nVent has approximately $96 million remaining under the July 2024 authorization. As of March 31, 2026, the company had approximately 162 million common shares outstanding.
The authorization does not constitute a commitment to repurchase shares. The Company may conduct the repurchases through open market purchases, block trades and unsolicited negotiated transactions, pursuant to a trading plan that may be adopted in accordance with Securities and Exchange Commission Rule 10b5-1, or in any other manner that complies with the provisions of the Securities Exchange Act of 1934, as amended.
About nVent
nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.
nVent, CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE are trademarks owned or licensed by nVent Services GmbH or its affiliates.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains statements that we believe to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact are forward looking statements. Without limitation, any statements preceded or followed by or that include the words “targets,” “plans,” “believes,” “expects,” “intends,” “will,” “likely,” “may,” “anticipates,” “estimates,” “projects,” “forecasts,” “should,” “would,” “could,” “positioned,” “strategy,” “future,” “are confident,” or words, phrases or terms of similar substance or the negative thereof, are forward-looking statements. All projections in this press release are also forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond our control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Among these factors are adverse effects on our business operations or financial results, including the overall global economic and business conditions impacting our business; the ability to achieve the benefits of our restructuring plans; the ability to successfully identify, finance, complete and integrate acquisitions, including the Electrical Products Group acquisition; competition and pricing pressures in the markets we serve; the impacts of tariffs; volatility in currency exchange rates, interest rates and commodity prices; inability to generate savings from excellence in operations initiatives consisting of lean enterprise, supply management and cash flow practices; inability to mitigate material and other cost inflation; risks related to the availability of, and cost inflation in, supply chain inputs, including labor, raw materials, commodities, packaging and transportation; increased risks associated with operating foreign businesses; risks associated with or arising from military conflicts; the ability to deliver backlog and win future project work; failure of markets to accept new product introductions and enhancements; the impact of changes in laws and regulations, including those that limit U.S. tax benefits; the outcome of litigation and governmental proceedings; and the ability to achieve our long-term strategic operating goals. Additional information concerning these and other factors is contained in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. All forward-looking statements speak only as of the date of this press release. nVent assumes no obligation, and disclaims any obligation, to update the information contained in this press release.
The article provides a methodology for selecting high-growth dividend-paying stocks, focusing on dividend growth and sustainability rather than high current yield. We use our proprietary models to rate both quantitatively and qualitatively and select the top 10 names from an initial list of nearly 400 dividend stocks. The final list of ten stocks is chosen based on sector diversity, high-growth quality scores, and positive momentum and is suitable for investors in the accumulation phase.