Blair William & Co. IL Has $583.15 Million Stake in NVIDIA Corporation $NVDA

Blair William & Co. IL grew its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,380,574 shares of the computer hardware maker's stock after acquiring an additional 339,691 shares during the quarter. NVIDIA accounts for 1.8% of Blair William & Co. IL's portfolio, making the stock its 5th biggest holding. Blair William & Co. IL's holdings in NVIDIA were worth $583,147,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Copia Wealth Management bought a new position in NVIDIA during the fourth quarter valued at $50,000. LSV Asset Management purchased a new position in NVIDIA in the fourth quarter worth about $54,000. Kathleen S. Wright Associates Inc. increased its stake in NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock worth $44,000 after acquiring an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new stake in NVIDIA during the first quarter valued at approximately $51,000. Finally, Bruce G. Allen Investments LLC lifted its stake in shares of NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock valued at $53,000 after purchasing an additional 327 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Trading Up 0.6%

NVIDIA stock traded up $1.04 during trading hours on Thursday, hitting $171.66. The company had a trading volume of 140,239,481 shares, compared to its average volume of 238,167,859. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.96 and a current ratio of 4.21. The firm has a market cap of $4.17 trillion, a P/E ratio of 48.91, a P/E/G ratio of 1.30 and a beta of 2.10. The company has a 50-day moving average price of $172.21 and a two-hundred day moving average price of $139.78. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA's quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be paid a dividend of $0.01 per share. The ex-dividend date is Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is currently 1.14%.

Wall Street Analyst Weigh In

NVDA has been the topic of several analyst reports. Arete Research raised NVIDIA to a "strong-buy" rating in a research report on Wednesday, May 21st. Wedbush restated an "outperform" rating and issued a $210.00 price target on shares of NVIDIA in a research report on Thursday, August 28th. Rosenblatt Securities boosted their price objective on shares of NVIDIA from $200.00 to $215.00 and gave the company a "buy" rating in a research report on Thursday, August 28th. DA Davidson increased their target price on shares of NVIDIA from $135.00 to $195.00 and gave the company a "neutral" rating in a research note on Thursday, August 28th. Finally, Loop Capital lifted their price target on shares of NVIDIA from $175.00 to $250.00 and gave the stock a "buy" rating in a research note on Wednesday, June 25th. Four analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $207.69.

Insider Activity

In related news, CFO Colette Kress sold 27,640 shares of the company's stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $178.06, for a total value of $4,921,578.40. Following the completion of the sale, the chief financial officer directly owned 2,956,876 shares of the company's stock, valued at $526,501,340.56. This represents a 0.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $169.65, for a total transaction of $12,723,750.00. Following the transaction, the chief executive officer directly owned 72,698,366 shares in the company, valued at $12,333,277,791.90. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders sold 4,951,604 shares of company stock valued at $772,854,889 over the last 90 days. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Profile

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.