nVent Electric (NVT) Stock

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) has announced that its Board of Directors has approved a regular quarterly cash dividend of US$0.20 per ordinary share for the first quarter of 2025, marking a 5% increase from the previous dividend of US$0.19. This dividend will be paid on February 7, 2025, to shareholders who are on record by the end of business on January 17, 2025. nVent is a prominent global supplier of electrical connection and protection solutions.

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a worldwide leader in electrical connection and protection solutions, has announced that it will showcase its newest liquid cooling technologies for high-performance computing and AI at SC24. With a proven history of addressing complex cooling issues for global cloud service providers, nVent is a pioneer in liquid cooling and works closely to advance AI computing. The company offers both standard and custom solutions.

nVent Electric plc (NYSE:NVT) will hold its Q3 2024 Earnings Conference Call on November 1, 2024, at 9:00 AM ET. The call will feature company representatives, including Tony Riter, Beth Wozniak, and Sara Zawoyski, along with analysts from various financial institutions. Participants are reminded that the call will be in listen-only mode.

NVent Electric (NVT) reported quarterly earnings of $0.84 per share, which is higher than the Zacks Consensus Estimate of $0.81 per share. This is the same as the earnings of $0.84 per share from the previous year.

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a worldwide leader in electrical connection and protection solutions, announced its financial results for the third quarter of 2024 today. The earnings report is available on the company's Investor Relations website at http://investors.nvent.com and will be submitted to the Securities and Exchange Commission on a Form 8-K. Additionally, the company will host a conference call with analysts and investors at 9:00 a.m. E.

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) is a leading company in electrical connection and protection solutions. They will announce their financial results for the third quarter of 2024 on Friday, November 1, 2024, and will host a conference call for analysts and investors at 9:00 a.m. ET. The results will be available on their website at http://investors.nvent.com, and a news alert will be sent out when the earnings materials are released.

NVent (NVT) lacks the necessary elements that could lead to a strong earnings report in the near future. Be ready for the important expectations.

nVent Electric is shifting its focus to the fast-growing data center infrastructure by selling its slower Thermal Management division, which should lead to better profits and earnings growth. This sale will bring in $1.4 billion in cash, helping to lower debt and financial expenses, and could boost earnings per share by over 20% in the medium term. Even though the stock has risen by 300% since the rise of AI, NVT is still considered undervalued with a PEG ratio below 1, indicating there may be more room for growth.

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) has announced that it will distribute a regular quarterly cash dividend of US$0.19 per ordinary share on November 1, 2024, to shareholders who are on record by the end of business on October 18, 2024. nVent is a top global provider of electrical connection and protection solutions. We are committed to creating innovative electrical solutions that promote safety and security in systems worldwide.