Corporate News
Nvent Electric (NVT)
- Trading performance: Shares rose 4.54 % in the 24‑hour period ending 03:32 PM Central Europe on Thursday 22 Feb 2026.
- Price: USD 138.15 on major exchanges.
- Shares outstanding: 161.8 million.
- Market capitalization: USD 22.6 billion.
- Volume: USD 305.1 million worth of shares traded in the last 24 hours.
- Performance since last month‑end: Down 10.16 %.
- Technical indicators: 200‑day simple moving average at USD 144; 52‑week high of USD 184.64 (22 Jun 2026); 52‑week low of USD 93.22 (17 Dec 2025).
Strategic partnership announcement
Nvent Electric PLC announced a partnership to supply advanced piping and manifold components for liquid‑cooled AI data‑center projects. The products—stainless‑steel and thermoplastic piping—are intended for clean, modular cooling loops and rack manifolds required by modern AI‑enabled data centers. The agreement is aimed at strengthening relationships with major hyperscale operators and enhancing competitiveness in North American and Asia‑Pacific markets.
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About Nvent Electric
nVent Electric PLC is a UK‑based electrical contractor listed on the New York Stock Exchange. The company specializes in electrical equipment and solutions, including electronic packaging, concrete reinforcing steel connections, data‑center and networking solutions, and other electrical products. Further information is available on the company’s website at www.nvent.com .
