Border to Coast Pensions Partnership Ltd Grows Stock Position in NVIDIA Corporation $NVDA

Key Points

• Border to Coast Pensions Partnership Ltd increased its stake in NVIDIA Corporation by 3.5% in Q2, holding over 2.5 million shares valued at approximately $395.9 million, making it the fund's second-largest holding.
• Several large investors significantly boosted their positions in NVIDIA, with institutional investors now owning 65.27% of the company's stock.
• Wall Street analysts remain bullish on NVIDIA, with multiple firms setting a price target above $200, resulting in an overall consensus rating of "Moderate Buy."

Border to Coast Pensions Partnership Ltd increased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,506,114 shares of the computer hardware maker's stock after acquiring an additional 84,103 shares during the period. NVIDIA comprises approximately 7.3% of Border to Coast Pensions Partnership Ltd's holdings, making the stock its 2nd largest holding. Border to Coast Pensions Partnership Ltd's holdings in NVIDIA were worth $395,941,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC lifted its holdings in NVIDIA by 267,959.7% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker's stock worth $64,976,521,000 after buying an additional 382,231,120 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in NVIDIA by 2.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker's stock worth $22,412,434,000 after buying an additional 5,896,735 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in NVIDIA by 123.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock worth $20,374,921,000 after buying an additional 103,889,872 shares in the last quarter. Nuveen LLC acquired a new position in NVIDIA during the 1st quarter worth $15,089,414,000. Finally, Amundi lifted its holdings in NVIDIA by 16.0% during the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker's stock worth $13,826,199,000 after buying an additional 18,733,431 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on NVDA. Wells Fargo & Company upped their price objective on NVIDIA from $185.00 to $220.00 and gave the stock an "overweight" rating in a report on Monday, August 11th. Rosenblatt Securities reaffirmed a "buy" rating and set a $215.00 price objective on shares of NVIDIA in a report on Tuesday, September 23rd. Needham & Company LLC reaffirmed a "buy" rating and set a $200.00 price objective on shares of NVIDIA in a report on Thursday, August 28th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $200.00 price objective on shares of NVIDIA in a report on Wednesday, August 27th. Finally, Benchmark upped their target price on shares of NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a research report on Thursday, August 28th. Four analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $210.21.

NVIDIA Price Performance

NVDA opened at $181.85 on Tuesday. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.55. The company has a fifty day simple moving average of $176.81 and a 200 day simple moving average of $146.62. The stock has a market cap of $4.42 trillion, a P/E ratio of 51.81, a P/E/G ratio of 1.29 and a beta of 2.10.

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

NVIDIA Announces Dividend

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

Insiders Place Their Bets

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This represents a 3.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Friday, July 11th. The stock was sold at an average price of $166.00, for a total value of $12,450,000.00. Following the transaction, the chief executive officer owned 74,723,225 shares of the company's stock, valued at approximately $12,404,055,350. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,148,818 shares of company stock worth $720,112,070. Corporate insiders own 4.17% of the company's stock.

About NVIDIA

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.

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