STOCK TITAN

nVent Electric plc Ordinary Shares - NVT STOCK NEWS

Welcome to our dedicated page for nVent Electric plc Ordinary Shares news (Ticker: NVT), a resource for investors and traders seeking the latest updates and insights on nVent Electric plc Ordinary Shares stock.

nVent Electric plc (NYSE: NVT) is a leading global provider of electrical connection and protection solutions, delivering innovative products and services across multiple industries. The company operates through three main segments: Enclosures, Thermal Management, and Electrical and Fastening Solutions. nVent's Enclosures segment, which contributes the largest portion of revenue, specializes in solutions that protect, connect, and manage heat in critical electronics and power equipment used in communication, control, and energy distribution.

Headquartered in London, with a significant management presence in Minneapolis, nVent serves a diversified range of industries including Commercial and Residential, Energy, Industrial Solutions, and Infrastructure. Its extensive product portfolio includes cabinets, electronic packaging, electrical fasteners, hangers and support systems, concrete reinforcing steel connections, and data center and networking systems.

The company's strategic approach focuses on leveraging big data to enhance business planning, agility, and profitability. By offering advanced analytics and predictive tools, nVent empowers its clients to navigate market changes, mitigate risks, and seize opportunities. The company's dedication to innovation ensures the ongoing development of highly responsive and personalized customer experiences.

In a recent notable development, nVent announced the acquisition of Trachte, LLC, a leader in engineered protection and control buildings, for $695 million. This move is expected to enhance nVent's capability to provide robust infrastructure solutions for electric utilities, data centers, and industrial customers.

nVent’s commitment to quality and reliability is evident through its globally recognized brands such as nVent CADDY, ERICO, HOFFMAN, ILSCO, RAYCHEM, and SCHROFF. These brands have built a legacy of excellence over more than a century, signifying the company's deep-rooted expertise and market leadership.

By continuing to innovate and expand its product offerings, nVent aims to solidify its position as a trusted advisor and partner in electrical solutions, dedicated to enabling safer systems and ensuring a more secure world.

Rhea-AI Summary

nVent Electric plc (NYSE:NVT) will participate in the Deutsche Bank Industrials Conference on November 16, 2021, at 10:30 a.m. ET. The event will feature CEO Beth Wozniak and CFO Sara Zawoyski. A live webcast will be accessible on nVent's Investor Relations website, with a replay available until May 15, 2022. nVent is a global leader in electrical connection and protection solutions, known for brands like CADDY, ERICO, and RAYCHEM, providing high-performance products to safeguard critical processes.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.57%
Tags
conferences
-
Rhea-AI Summary

nVent Electric plc (NYSE: NVT) announced a public offering of $300 million in 2.750% senior notes due 2031, fully guaranteed by the company. The offering is set to close on November 23, 2021, pending customary conditions. Proceeds will be utilized to redeem $300 million of its 3.950% senior notes due 2023 and for general corporate purposes. Joint lead managers include BofA Securities, Citigroup, and J.P. Morgan. This release does not constitute an offer for the sale of securities in jurisdictions where it would be unlawful.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.56%
Tags
none
-
Rhea-AI Summary

nVent Electric plc (NYSE:NVT) announced participation in the Baird 2021 Global Industrial Conference on November 10, 2021, at 9:05 a.m. ET. CEO Beth Wozniak and CFO Sara Zawoyski will present. A live webcast and audio replay will be available on nVent's Investor Relations website, with replay access until November 9, 2022. nVent is recognized for its electrical connection and protection solutions, serving critical infrastructure with high-performance products across many industries.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.23%
Tags
conferences
Rhea-AI Summary

nVent Electric plc (NYSE:NVT) announced that board members Jerry W. Burris, Herbert K. Parker, and Jacqueline M. Wright were recognized in Savoy magazine's 2021 directory of Most Influential Black Corporate Directors. This acknowledgment reflects the company’s commitment to diversity and inclusion within its leadership. CEO Beth Wozniak expressed pride in their achievements, highlighting the importance of diverse leadership in fostering a thriving organizational culture. nVent continues to focus on providing innovative electrical connection and protection solutions globally.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.44%
Tags
none
-
Rhea-AI Summary

nVent Electric plc (NYSE:NVT) reported its third quarter 2021 financial results. Details of the earnings release can be found on the company's Investor Relations website. The firm is a leader in electrical connection and protection solutions, aiming to enhance system safety.

nVent provides high-performance products designed to connect and protect critical infrastructures globally. Investors can access the conference call at 9:30 a.m. ET for a detailed discussion on the results.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.66%
Tags
-
Rhea-AI Summary

nVent Electric (NYSE:NVT) will release its third quarter 2021 financial results on October 28, 2021. Following the report, a conference call will be held at 9:30 a.m. ET where analysts and investors can discuss the results. Financial details will be available on the company’s website at investors.nvent.com. A replay of the call will be accessible until January 28, 2022.

nVent specializes in electrical connection and protection solutions, offering a broad range of products recognized for quality and innovation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
Tags
News
Rhea-AI Summary

nVent Electric plc (NYSE: NVT) has declared a regular quarterly cash dividend of $0.175 per share, set to be paid on Nov. 5, 2021. This payment will go to shareholders on record as of Oct. 22, 2021. As a leading provider of electrical connection and protection solutions, nVent emphasizes its commitment to offering innovative products for securing sensitive equipment and processes. The company is headquartered in London, with its management office located in Minneapolis, United States.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.95%
Tags
dividends
-
Rhea-AI Summary

nVent Electric plc (NYSE: NVT) announces an expansion of its HOFFMAN Global IEC offering in North America. The new wall-mount enclosures include more standard sizes, additional accessories like plinth bases and mounting plates, and an Express Customization service that allows for tailored modifications with a quick turnaround of 10 days. These developments aim to enhance the ordering and assembly experience for customers, reinforcing nVent's position as a leader in electrical connection and protection solutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.11%
Tags
none
-
Rhea-AI Summary

nVent Electric plc (NYSE:NVT) announced its participation in the RBC Capital Markets Global Industrials Virtual Conference on September 9, 2021. The company's CEO, Beth Wozniak, and CFO, Sara Zawoyski, will present at 10:40 a.m. ET. A live webcast will be available on nVent's Investor Relations website, with a replay accessible until September 23, 2021. nVent specializes in electrical connection and protection solutions, offering a wide range of products designed to ensure safety and reliability in critical systems.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
Tags
conferences
Rhea-AI Summary

nVent Electric (NYSE:NVT) has partnered with Power Resources International (PRI) to enhance rail and switch heating solutions for the North American transit sector. Utilizing nVent RAYCHEM technology, the collaboration aims to provide integrated heating systems, crucial for winter operations. Their ongoing project includes the Long Island Railroad's Floral Park to Hicksville Line. Both companies adhere to the Buy America Act, and PRI supports nVent's supplier diversity commitment. This alliance strengthens their position in the transit market, leveraging PRI's expertise in engineering and integration.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
Tags
none

FAQ

What is the current stock price of nVent Electric plc Ordinary Shares (NVT)?

The current stock price of nVent Electric plc Ordinary Shares (NVT) is $69.55 as of December 20, 2024.

What is the market cap of nVent Electric plc Ordinary Shares (NVT)?

The market cap of nVent Electric plc Ordinary Shares (NVT) is approximately 11.4B.

What are the main business segments of nVent Electric plc?

nVent operates through three main segments: Enclosures, Thermal Management, and Electrical and Fastening Solutions.

Where does nVent Electric plc generate most of its revenue?

The company generates the majority of its revenue from the Enclosures segment.

Which industries does nVent Electric plc serve?

nVent serves a diverse range of industries including Commercial and Residential, Energy, Industrial Solutions, and Infrastructure.

What recent acquisition has nVent Electric plc made?

nVent recently acquired Trachte, LLC, a leader in engineered protection and control buildings, for $695 million.

What is the focus of nVent Electric plc’s strategic approach?

nVent focuses on leveraging big data to improve business planning, agility, and profitability through advanced analytics and predictive tools.

Where is nVent Electric plc headquartered?

nVent is headquartered in London with a significant management office in Minneapolis.

What kind of products does nVent Electric plc offer?

nVent offers a wide range of products including cabinets, electronic packaging, electrical fasteners, hangers and support, concrete reinforcing steel connections, and data center and networking systems.

Which brands are associated with nVent Electric plc?

nVent's well-known brands include nVent CADDY, ERICO, HOFFMAN, ILSCO, RAYCHEM, and SCHROFF.

How does nVent Electric plc ensure the protection of critical equipment?

nVent provides inventive solutions that protect, connect, and manage heat in critical electronics, communication, control, and power equipment.

What is the mission of nVent Electric plc?

nVent aims to be a strategic advisor providing innovative electrical connection and protection solutions to create safer systems and a more secure world.

nVent Electric plc Ordinary Shares

NYSE:NVT

NVT Rankings

NVT Stock Data

11.41B
163.03M
1.04%
94.13%
1.96%
Electrical Equipment & Parts
Special Industry Machinery (no Metalworking Machinery)
Link
United States of America
LONDON