nVent Electric (NVT) Receives a Buy from KeyBanc
In a report released today, Jeffrey Hammond from KeyBanc reiterated a Buy rating on nVent Electric, with a price target of $185.00.
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Hammond covers the Industrials sector, focusing on stocks such as Generac Holdings, Trane Technologies, and Builders Firstsource. According to TipRanks, Hammond has an average return of 14.5% and a 63.39% success rate on recommended stocks.
Currently, the analyst consensus on nVent Electric is a Strong Buy with an average price target of $155.57.
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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