• nVent Electric plc (NYSE:NVT) reported a 44% increase in adjusted earnings per share and a 35% increase in net sales for the third quarter.
• The company has raised its full-year 2025 outlook, expecting reported sales growth of 27% to 28% and adjusted earnings per share between $3.31 and $3.33.
• Seaport Global set a price target of $130 for NVT, indicating a potential price increase of about 15.8% from its current price.

nVent Electric plc (NYSE:NVT) is a company that specializes in electrical connection and protection solutions. It operates in various sectors, including energy, industrial, and infrastructure. nVent's competitors include companies like Eaton Corporation and Schneider Electric. On November 3, 2025, Seaport Global set a price target of $130 for NVT, suggesting a potential price increase of about 15.8% from its current price of $112.26, as highlighted by TheFly.

nVent's recent third-quarter results have been impressive, surpassing street estimates. The company reported adjusted earnings of 91 cents per share, a 44% increase from the previous year, exceeding analysts' expectations of 88 cents. Net sales rose to $1.05 billion, a 35% increase from the prior year, outperforming the anticipated $1.01 billion. Organic sales growth for the quarter was 16%.

Following these strong results, nVent has raised its full-year 2025 outlook. The company now expects reported sales growth of 27% to 28%, up from its previous guidance of 24% to 26%. It also projects adjusted earnings per share to be between $3.31 and $3.33, compared to the earlier range of $3.22 to $3.30. Wall Street analysts are forecasting earnings of $3.29 per share from sales of $3.76 billion.

Looking ahead to the fourth quarter, nVent anticipates reported sales growth of 31% to 33% and organic sales growth of 15% to 17%, with an adjusted EPS forecast ranging from 87 cents. The stock for NVT is currently priced at $113.33, reflecting a decrease of 0.89% with a change of $1.02. Today, the stock has fluctuated between a low of $112.06 and a high of $116.

Over the past year, NVT has reached a high of $117.52 and a low of $41.71. The company has a market capitalization of approximately $18.24 billion. The trading volume for the day is 1,696,711 shares on the NYSE. These figures indicate a strong market presence and investor interest in nVent Electric.