Nvent Electric Stock Price, News & Analysis

nVent Electric plc (NYSE: NVT) will announce its first quarter 2023 financial results on April 28, 2023, at 9:00 a.m. ET. A conference call for analysts and investors will follow the release, accessible via webcast or by phone. The earnings materials will be available on nVent's website prior to the call, and replays will be accessible until May 12, 2023. nVent is recognized as a global leader in electrical connection and protection solutions, offering high-performance products under well-known brands like nVent CADDY, ERICO, and HOFFMAN. Investors can find related presentation materials on the company’s investor relations site.

On April 3, 2023, nVent Electric (NYSE: NVT) announced its acquisition of ECM Industries, a global manufacturer of electrical products. This strategic move aims to expand nVent's product offerings and market reach. nVent, which employs over 10,000 people across 130 locations, is known for its high-performance electrical solutions. ECM's portfolio includes renowned brands such as ILSCO and Gardner Bender, providing innovative products for various sectors. CEO Mike Masino expressed confidence that this partnership will benefit employees, customers, and partners, marking an exciting phase in ECM's evolution.

nVent Electric plc (NYSE: NVT) has announced its acquisition of ECM Investors, LLC for $1.1 billion. This strategic move aims to enhance nVent's portfolio in electrical power connection and grounding solutions, particularly with the ILSCO brand. The acquisition will expand its cable management offerings and introduce tools and test instruments. With ECM Industries reporting revenues of $415 million and adjusted EBITDA of $104 million for the year ending February 28, 2023, the deal is expected to be accretive to nVent's earnings per share in 2023 and on a GAAP basis in 2024. The transaction is expected to close in Q2 2023, subject to regulatory approval.

nVent Electric plc (NYSE: NVT) announced a quarterly cash dividend of US$0.175 per ordinary share, payable on May 12, 2023. Shareholders registered as of April 28, 2023 will receive this dividend. nVent, a global provider of electrical solutions, offers a broad range of protective and connection products, supporting critical infrastructure. Their brands, including CADDY, ERICO, and HOFFMAN, are recognized worldwide for quality and innovation. The announcement reflects nVent's commitment to returning value to shareholders while continuing to reinforce its market position in an evolving economic landscape.

nVent Electric plc (NYSE:NVT) announced a meeting for institutional investors and analysts on March 7, 2023, in New York, from 9 a.m. to 11:30 a.m. ET. The company's executives will discuss strategies and opportunities for a more sustainable and electrified world.

Participants can access live and on-demand webcasts from the Investor Relations section of nVent's website.

nVent is a leading provider of electrical connection solutions, with a portfolio of renowned brands, including nVent CADDY and HOFFMAN.

nVent Electric plc (NYSE:NVT) will participate in the Barclays Industrial Select Conference on February 23, 2023, with CEO Beth Wozniak presenting at 10:55 a.m. ET. A webcast of the presentation will be accessible on nVent’s Investor Relations website.

nVent specializes in electrical connection and protection solutions, offering a wide range of products under well-known brands such as nVent CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF, and TRACER. The company aims to create safer systems and protect sensitive equipment worldwide.

nVent Electric plc (NYSE:NVT) announced its fourth quarter and full year 2022 financial results, highlighting significant metrics that investors should note. The earnings release is accessible on the company's Investor Relations website.

The results reflect nVent's global position as a leader in electrical connection and protection solutions, with a diverse portfolio of established brands. The company has scheduled a conference call for 10:00 a.m. ET to discuss these results in detail. Relevant materials and live Webcast links are provided in the release.

nVent Electric plc (NYSE:NVT) will report its fourth quarter and full year 2022 financial results on February 7, 2023, at 10:00 a.m. ET. A conference call for analysts and investors will accompany the release. The financial results will be available on the company’s investor relations website at investors.nvent.com. Additionally, a replay of the conference call will be accessible until February 21, 2023. nVent is a global leader in electrical connection and protection solutions, focusing on high-performance products recognized for quality and reliability.