Professional
Added to YB: 2024-11-15
Pitch date: 2024-09-30
NVT [bullish]
nVent Electric plc
+111.25%
current return
Author Info
No bio for this author
Company Info
nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection solutions in the America, Europe, the Middle East, India, Africa, the Asia Pacific, and internationally.
Market Cap
$26.6B
Pitch Price
$68.99
Price Target
N/A
Dividend
0.51%
EV/EBITDA
25.84
P/E
45.64
EV/Sales
5.79
Sector
Electrical Equipment
Category
growth
Artisan Value Income Fund Portfolio Holding: nVent Electric plc
NVT: Strong YTD/1Y returns despite pullback. Multiple secular tailwinds (electrification, clean energy, AI, onshoring). Wise capital allocation. Data solutions (14% sales) key growth driver, esp. liquid cooling (3X growth vs legacy). AI infrastructure boost. Leading position in emerging cooling tech.
Read full article (1 min)