Professional
Added to YB: 2024-07-25
Pitch date: 2024-06-30
NVT [bullish]
nVent Electric plc
+33.89%
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 North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally.
Market Cap
$12.5B
Pitch Price
$75.97
Price Target
N/A
Dividend
1.05%
EV/EBITDA
18.37
P/E
52.76
EV/Sales
4.23
Sector
Electrical Equipment
Category
growth
Mairs & Power Growth Fund Portfolio Holding: nVent Electric plc
NVT: AI adoption beneficiary, spin-off from Pentair. Dominant in electronic protection equipment. Management revitalized innovation, boosted organic growth. Invested heavily in liquid cooling for AI datacenters, promising growth opportunity. Supplies system protection, fastener, thermal wiring solutions.
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