KeyBanc Remains a Buy on nVent Electric (NVT)

KeyBanc analyst Jeffrey Hammond maintained a Buy rating on nVent Electric today and set a price target of $114.00. The company’s shares closed yesterday at $99.50.

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Hammond covers the Industrials sector, focusing on stocks such as Eaton, Parker Hannifin, and Enpro. According to TipRanks, Hammond has an average return of 11.9% and a 64.03% success rate on recommended stocks.

nVent Electric has an analyst consensus of Strong Buy, with a price target consensus of $104.33, which is a 4.85% upside from current levels. In a report released on October 10, Citi also maintained a Buy rating on the stock with a $114.00 price target.

Based on nVent Electric’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $963.1 million and a net profit of $109.5 million. In comparison, last year the company earned a revenue of $739.8 million and had a net profit of $111 million

Based on the recent corporate insider activity of 60 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 August 2025, Beth Wozniak, the Chair & CEO of NVT sold 42,331.00 shares for a total of $3,776,348.51.