NVent was created via the spinoff of Pentair Plc’s electrical business in 2018. It generated $595 million in sales last year with about 1,700 employees globally. Shares of nVent gained almost 4% ...

with an Outperform rating and $125 price target Pentair, which “transformed itself into a more focused portfolio” via the spin out of nVent in 2018, is the largest U.S. pool equipment ...

Shares of Pentair (NYSE:PNR) have seen spectacular gains ... the company divested its Valves & Control business and spun-out nVent (NVT) along the way. Adjusted for this, revenues are up about ...