Eagle Global Advisors LLC Has $6.33 Million Holdings in Nova Ltd. $NVMI

Key Points

• Eagle Global Advisors LLC increased its holdings in Nova Ltd. by 9.5%, owning 23,000 shares valued at $6.33 million as of the latest SEC filing.
• Nova Ltd. reported an earnings per share (EPS) of $2.20 for the last quarter, exceeding expectations and reflecting a 40.2% year-over-year revenue increase.
• Institutional investors own 82.99% of Nova's stock, with several hedge funds either increasing or initiating their stakes in the company during recent quarters.

Eagle Global Advisors LLC increased its holdings in shares of Nova Ltd. (NASDAQ:NVMI - Free Report) by 9.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 23,000 shares of the semiconductor company's stock after buying an additional 2,000 shares during the quarter. Eagle Global Advisors LLC owned 0.08% of Nova worth $6,330,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in NVMI. ASR Vermogensbeheer N.V. acquired a new stake in Nova during the 1st quarter worth $26,000. Parallel Advisors LLC raised its stake in shares of Nova by 182.7% in the 2nd quarter. Parallel Advisors LLC now owns 212 shares of the semiconductor company's stock valued at $58,000 after purchasing an additional 137 shares during the period. Advisors Asset Management Inc. raised its stake in shares of Nova by 51.6% in the 1st quarter. Advisors Asset Management Inc. now owns 376 shares of the semiconductor company's stock valued at $69,000 after purchasing an additional 128 shares during the period. Farther Finance Advisors LLC raised its stake in shares of Nova by 13.8% in the 2nd quarter. Farther Finance Advisors LLC now owns 306 shares of the semiconductor company's stock valued at $84,000 after purchasing an additional 37 shares during the period. Finally, Flaharty Asset Management LLC acquired a new stake in shares of Nova in the 1st quarter valued at about $92,000. Institutional investors and hedge funds own 82.99% of the company's stock.

Nova Stock Performance

Nova stock opened at $309.76 on Friday. Nova Ltd. has a 52 week low of $153.99 and a 52 week high of $320.00. The stock has a market capitalization of $9.11 billion, a P/E ratio of 42.14, a PEG ratio of 2.55 and a beta of 1.72. The stock has a 50-day simple moving average of $273.18 and a 200 day simple moving average of $234.31.

Nova (NASDAQ:NVMI - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $2.20 EPS for the quarter, topping analysts' consensus estimates of $2.05 by $0.15. Nova had a return on equity of 24.36% and a net margin of 29.10%.The business had revenue of $219.99 million during the quarter, compared to analysts' expectations of $214.95 million. During the same quarter last year, the company posted $1.61 earnings per share. Nova's quarterly revenue was up 40.2% on a year-over-year basis. Nova has set its Q3 2025 guidance at 2.020-2.220 EPS. Research analysts forecast that Nova Ltd. will post 7.52 earnings per share for the current year.

Analyst Upgrades and Downgrades

NVMI has been the topic of several recent research reports. Cantor Fitzgerald reissued an "overweight" rating and issued a $300.00 price target (up previously from $250.00) on shares of Nova in a research note on Tuesday, June 24th. Wall Street Zen downgraded Nova from a "buy" rating to a "hold" rating in a research note on Friday, May 30th. Finally, Bank of America lifted their target price on Nova from $250.00 to $270.00 and gave the company a "buy" rating in a research report on Tuesday, June 24th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $282.50.

Nova Profile

Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging.

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