Oct 30, 6:47 AM ET
nVent Electric plc announced third-quarter 2026 results featuring record sales of $1.5 billion and raised its full-year guidance for sales and earnings per share. Shareholders benefited from double-digit organic sales growth across all verticals and a regular cash dividend of $0.21 per share.
- Reported net sales reached $1.5 billion in Q3 2026, representing a 44 percent increase.
- Reported EPS was $1.23, up 68 percent, while adjusted EPS rose to $1.52.
- Full-year 2026 reported sales growth guidance was raised to a range of 48 to 49 percent.
Read the filing on SEC.gov ↗
Aug 18, 4:15 PM ET
nVent Electric said Randolph A. Wacker, who had announced plans to retire effective September 1, 2026, will instead stay on as Senior Vice President and Chief Accounting Officer. The Board appointed him to that role on August 14, effective September 1, 2026. For shareholders, this keeps the company's principal accounting officer in place and removes a planned leadership transition from the picture.
- Randolph A. Wacker had previously announced plans to retire effective September 1, 2026, disclosed in a June 17, 2026 Form 8-K.
- The Board appointed Wacker as Senior Vice President and Chief Accounting Officer on August 14, effective September 1, 2026.
- Tyler Krutzig will continue as Assistant Corporate Controller.
- The filing was signed by CFO Gary L. Corona on August 18, 2026.
Read the filing on SEC.gov ↗
Jul 31, 6:40 AM ET
nVent reported second-quarter 2026 sales of $1.5 billion, up 53%, and diluted EPS of $1.32, up 103%, with adjusted EPS of $1.45, up 69%. The company raised its full-year 2026 guidance, including adjusted EPS of $5.00 to $5.10, up from $4.45 to $4.55, which signals a higher earnings outlook for shareholders.
- Q2 2026 operating income was $301 million, up 92%; adjusted operating income was $323 million, up 61%.
- Full-year 2026 reported sales growth guidance is 37% to 39%, up from 26% to 28%.
- Full-year 2026 GAAP EPS guidance is $4.29 to $4.39, up from $3.68 to $3.78; adjusted EPS guidance is $5.00 to $5.10, up from $4.45 to $4.55.
- Third-quarter 2026 adjusted EPS is estimated at $1.35 to $1.38; a $0.21 quarterly dividend is payable August 7, 2026.
Read the filing on SEC.gov ↗
Jun 17, 4:15 PM ET
nVent Electric plc said its Senior Vice President, Chief Accounting Officer and Treasurer, Randolph A. Wacker, intends to retire effective September 1, 2026. The board appointed Assistant Corporate Controller Tyler Krutzig to succeed him as Senior Vice President and Chief Accounting Officer on the same date, providing a planned leadership transition in a key finance role.
- Randolph A. Wacker notified the company on June 11, 2026 that he intends to retire effective September 1, 2026.
- The board appointed Tyler Krutzig, age 39, as Senior Vice President and Chief Accounting Officer on June 12, 2026, effective September 1, 2026.
- Krutzig has been Assistant Corporate Controller since 2019 and previously worked at Pentair plc and Deloitte & Touche LLP.
- Krutzig will receive a Key Executive Employment and Severance Agreement with change-in-control severance terms applicable to other executive officers.
Read the filing on SEC.gov ↗
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