Barclays Sticks to Their Buy Rating for nVent Electric (NVT)
In a report released on May 1, Julian Mitchell from Barclays maintained a Buy rating on nVent Electric, with a price target of $190.00. The company’s shares closed last Friday at $158.92.
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Mitchell covers the Industrials sector, focusing on stocks such as Carrier Global, nVent Electric, and Regal Rexnord. According to TipRanks, Mitchell has an average return of 16.9% and a 63.73% success rate on recommended stocks.
nVent Electric has an analyst consensus of Strong Buy, with a price target consensus of $149.86.
Based on nVent Electric’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.24 billion and a net profit of $140.7 million. In comparison, last year the company earned a revenue of $809.3 million and had a net profit of $360.7 million
Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NVT in relation to earlier this year. Most recently, in February 2026, Susan Cameron, a Director at NVT sold 5,000.00 shares for a total of $572,600.00.
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