NVT nVent Electric plc

$NVT - nVent Electric price target raised to $225 from $215 at Seaport Research $DAL - Delta Air Lines price target raised to $100 from $95 at Seaport Research Screenshot from Top Tier Newswire:

$NVT Q3 '26 Earnings Results & Recap • Reported GAAP EPS of $1.52 up 67.03% YoY • Reported revenue of $1.51B up 43.73% YoY • nVent raised full-year 2026 guidance to reported sales growth of 48% to 49%, organic sales growth of 38% to 39%, GAAP EPS of $4.54 to $4.57, and adjusted EPS of $5.36 to $5.39.

$NVT despite last weeks sell off due to semis, still industrial & energy names still setting up a nice base $PWR $EME $NVT

$NVT cabinets and connections ship before a hall earns a dollar. seems like filling a warehouse with electrical gear for a build that slips is not backlog, it is inventory waiting for a landlord to blink

$NVT delivered record Q3 '26: revenue +44% YoY to $1.515B on data center demand across verticals and geographies. Organic orders rose low double digits despite a tough comparison. Adj. operating margin +190 bps to 22.1%; backlog $2.6B. FY26 organic growth outlook raised to 38–39% (from 32–34%) and adj. EPS to $5.36–5.39 (from $5.00–5.10). Catalysts in play - Q3 adj. EPS $1.52 vs $1.35–1.38 guidance (strong beat). - Infrastructure organic sales +70%+, Industrial up high teens. - Maverick adds ~10 points to FY26 reported sales growth. - $2.6B backlog and very strong October orders. - KPI momentum 93/100; stock selection 90/100; industry opportunity 85/100. Risks to watch - FY26 tariff costs ~$105M, up from $100M. - Supply constraints and capacity ramp execution. - Maverick integration and Q4 spending pressure on margins. - Data center demand could normalize after exceptional growth. - Valuation score 48/100; +6.4% factor-model gap signals relative price outperformance, not fundamental overvaluation.

$NVT Maverick Power closed Oct 1 for about 1.75 billion dollars in cash, and the 10-Q shows the funding was lined up before the quarter even ended. The 800 million dollars of 6.150% notes due 2036 were issued in September, and cash was sitting at 1,121.8 million dollars at quarter end against 237.5 million at year end 2025. Another 600 million dollars came from a new three year term loan drawn on closing day, plus 250 million dollars from the revolver. Up to 550 million dollars more only gets paid if Maverick hits its 2027 and 2028 performance targets.

$NVT The release said infrastructure led growth. The 10-Q puts dollars on it: infrastructure was 868.2 million dollars of Q3 sales, and inside Systems Protection it was 707.0 million, up from 373.2 million a year ago. The build is in inputs too. Raw materials rose to 270.9 million dollars from 213.5 million at year end, work in process to 51.5 million from 31.2 million, and remaining performance obligations ticked up to 2.6 billion dollars from 2.5 billion in Q2.

$NVT reported before the open this morning. Adjusted EPS of $1.52 beat the $1.40 analyst estimate by 8.6%, according to Stock Meadow. Revenue was $1.51B versus $1.43B expected.