Diamond Hill Capital Management LLC Investment Advisor Buys Shares of 17,299 NVR, Inc. $NVR

Key Points

• Diamond Hill Capital Management purchased 17,299 NVR shares worth approximately $117.9 million, giving it a 0.64% stake. Institutional investors collectively own 83.67% of the homebuilder.
• NVR’s analyst outlook is mixed: three analysts rate it Buy, two Hold, and two Sell, resulting in a consensus Hold rating and an average price target of $7,224.20.
• NVR reported quarterly revenue of $2.34 billion, down 10.5% year over year and below estimates, while EPS exceeded consensus expectations. Director George Oliver also bought 63 shares worth about $405,000.

Diamond Hill Capital Management LLC Investment Advisor purchased a new stake in shares of NVR, Inc. (NYSE:NVR - Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 17,299 shares of the construction company's stock, valued at approximately $117,865,000. Diamond Hill Capital Management LLC Investment Advisor owned about 0.64% of NVR as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in NVR. M&T Bank Corp lifted its position in NVR by 34,923.5% during the fourth quarter. M&T Bank Corp now owns 56,738 shares of the construction company's stock valued at $413,777,000 after purchasing an additional 56,576 shares during the period. Norges Bank purchased a new stake in NVR in the fourth quarter worth approximately $311,496,000. Corient Private Wealth LLC grew its position in NVR by 407.5% in the 4th quarter. Corient Private Wealth LLC now owns 45,572 shares of the construction company's stock worth $332,346,000 after purchasing an additional 36,592 shares during the period. First Trust Advisors LP grew its position in NVR by 879.9% in the 1st quarter. First Trust Advisors LP now owns 24,418 shares of the construction company's stock worth $160,911,000 after purchasing an additional 21,926 shares during the period. Finally, Newport Capital Group LLC purchased a new stake in NVR during the 4th quarter valued at $106,372,000. 83.67% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

NVR has been the topic of several research analyst reports. Zelman & Associates raised NVR from a "hold" rating to a "buy" rating in a report on Tuesday, July 7th. Zacks Research lowered NVR from a "hold" rating to a "strong sell" rating in a report on Tuesday, July 21st. Weiss Ratings reiterated a "sell (d+)" rating on shares of NVR in a research report on Tuesday, August 4th. BTIG Research set a $7,446.00 target price on NVR in a report on Friday, July 24th. Finally, UBS Group dropped their target price on NVR from $7,700.00 to $7,400.00 and set a "neutral" rating on the stock in a research report on Friday, July 24th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, NVR currently has a consensus rating of "Hold" and an average target price of $7,224.20.

Insider Transactions at NVR

In other news, Director George Oliver bought 63 shares of the firm's stock in a transaction on Friday, August 7th. The shares were bought at an average price of $6,431.51 per share, for a total transaction of $405,185.13. Following the purchase, the director owned 63 shares in the company, valued at approximately $405,185.13. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 8.60% of the company's stock.

NVR Stock Up 0.0%

NVR opened at $6,308.22 on Monday. The company has a current ratio of 5.28, a quick ratio of 2.24 and a debt-to-equity ratio of 0.27. NVR, Inc. has a 1-year low of $5,501.01 and a 1-year high of $8,618.28. The company has a market capitalization of $16.78 billion, a PE ratio of 16.36, a PEG ratio of 10.55 and a beta of 0.91. The firm's 50 day simple moving average is $6,451.29 and its two-hundred day simple moving average is $6,653.38.

NVR (NYSE:NVR - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The construction company reported $83.96 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.90 by $83.06. NVR had a net margin of 12.26% and a return on equity of 31.02%. The firm had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.40 billion. During the same quarter in the previous year, the firm posted $108.54 EPS. The company's revenue for the quarter was down 10.5% compared to the same quarter last year. As a group, equities analysts forecast that NVR, Inc. will post 366.98 EPS for the current year.

More NVR News

Here are the key news stories impacting NVR this week:

• Positive Sentiment: NVR director George Oliver purchased 63 shares valued at approximately $405,000, establishing a direct equity position. The insider purchase may be viewed as a signal of confidence in the homebuilder’s long-term prospects, although its size is modest relative to NVR’s market capitalization. NVR Director George Oliver Buys $405K in Stock
• Neutral Sentiment: Brokerages collectively assign NVR an average “Hold” recommendation, suggesting analysts see limited near-term upside despite the company’s strong balance sheet and profitability. NVR Given Average Recommendation of Hold
• Negative Sentiment: Zacks Research lowered its EPS forecasts for NVR’s third quarter and fourth quarter of 2026, citing estimates of $107.17 and $112.20, respectively, versus prior forecasts of $107.42 and $115.02.
• Negative Sentiment: Longer-term revisions were also mostly unfavorable: Q1 2028 EPS was cut to $89.06 from $91.22, Q4 2027 EPS to $121.22 from $123.01, and fiscal 2028 EPS to $452.16 from $461.91. Although Q3 2027 EPS was raised to $117.58 from $115.67, the overall pattern points to reduced earnings expectations.
• Negative Sentiment: Zacks retained its “Strong Sell” rating. The revisions add pressure to NVR’s valuation outlook, particularly after its latest reported quarter showed revenue down 10.5% year over year.

NVR Company Profile

NVR, Inc is a U.S.-based homebuilding and mortgage banking company that designs, constructs and sells single-family detached homes, townhomes and condominiums. The company operates primarily through its homebuilding business and a mortgage banking subsidiary, providing financing and related closing services to its homebuyers. NVR's homebuilding activities include land development, community planning, model home sales and construction management aimed at a range of buyer demographics.

Its homes are marketed under recognizable regional brands, including Ryan Homes and NVHomes, along with other market-specific trade names, and are offered across multiple geographic markets in the United States.

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