Eaton Financial Holdings Company LLC Has $10.71 Million Holdings in NVIDIA Corporation $NVDA

Eaton Financial Holdings Company LLC raised its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 94.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 67,802 shares of the computer hardware maker's stock after purchasing an additional 32,866 shares during the period. NVIDIA accounts for approximately 3.3% of Eaton Financial Holdings Company LLC's holdings, making the stock its 11th biggest holding. Eaton Financial Holdings Company LLC's holdings in NVIDIA were worth $10,712,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Kathleen S. Wright Associates Inc. increased its stake in shares of NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after acquiring an additional 254 shares during the last quarter. Copia Wealth Management bought a new stake in shares of NVIDIA in the 4th quarter valued at about $50,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of NVIDIA in the 1st quarter valued at about $51,000. Bruce G. Allen Investments LLC increased 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 acquiring an additional 327 shares during the last quarter. Finally, Campbell Capital Management Inc. increased its stake in shares of NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock valued at $65,000 after acquiring an additional 590 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of the firm's stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the sale, the director owned 7,399,803 shares of the company's stock, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Persis Drell sold 40,000 shares of the firm's stock in a transaction on Friday, September 19th. The shares were sold at an average price of $177.65, for a total value of $7,106,000.00. Following the sale, the director directly owned 138,740 shares of the company's stock, valued at $24,647,161. This represents a 22.38% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,097,407 shares of company stock worth $714,378,504. Company insiders own 4.17% of the company's stock.

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of recent analyst reports. Wells Fargo & Company upped their price target on NVIDIA from $185.00 to $220.00 and gave the company an "overweight" rating in a research note on Monday, August 11th. Phillip Securities raised NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research note on Monday, July 14th. New Street Research upped their price target on NVIDIA from $200.00 to $235.00 and gave the company a "buy" rating in a research note on Friday, September 12th. JPMorgan Chase & Co. reissued a "buy" rating and set a $215.00 target price on shares of NVIDIA in a research note on Friday, September 19th. Finally, Needham & Company LLC reissued a "buy" rating and set a $200.00 target price on shares of NVIDIA in a research note on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $211.00.

NVIDIA Trading Down 0.7%

NASDAQ NVDA opened at $187.62 on Friday. The company has a market cap of $4.56 trillion, a PE ratio of 53.45, a PEG ratio of 1.37 and a beta of 2.12. The company has a current ratio of 4.21, a quick ratio of 3.60 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 $191.05. The stock has a 50 day moving average of $178.11 and a 200-day moving average of $148.15.

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 the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm's revenue for the quarter was up 55.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA's dividend payout ratio is presently 1.14%.

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.

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