Fintel reports that on April 13, 2026, Evercore ISI Group initiated coverage of nVent Electric (NYSE:NVT) with an **Outperform** recommendation. The average one-year price target for nVent Electric is set at **$135.27 per share**, indicating a potential increase of **1.58%** from its latest closing price of **$133.16**. The projections range from a low of **$68.72** to a high of **$160.65**.
The projected annual revenue for nVent Electric is forecasted at **$3.135 billion**, a decline of **19.47%**, with a non-GAAP EPS of **$3.07**. Institutional ownership has dropped to **762 funds**, down by **35.59%** in the last quarter, with total shares owned by institutions decreasing **23.14%** to **149.72 million** shares. The put/call ratio stands at **0.31**, suggesting a bullish outlook among investors.
