Encompass Wealth Advisors LLC Boosts Holdings in NVIDIA Corporation $NVDA

Encompass Wealth Advisors LLC lifted its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 10.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,843 shares of the computer hardware maker's stock after buying an additional 1,358 shares during the period. NVIDIA makes up 0.8% of Encompass Wealth Advisors LLC's investment portfolio, making the stock its 27th largest holding. Encompass Wealth Advisors LLC's holdings in NVIDIA were worth $2,187,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the stock. Valicenti Advisory Services Inc. grew its position in shares of NVIDIA by 6.6% in the 2nd quarter. Valicenti Advisory Services Inc. now owns 46,077 shares of the computer hardware maker's stock valued at $7,280,000 after buying an additional 2,847 shares during the last quarter. Advisors Management Group Inc. ADV grew its position in shares of NVIDIA by 18.1% in the 2nd quarter. Advisors Management Group Inc. ADV now owns 124,869 shares of the computer hardware maker's stock valued at $19,728,000 after buying an additional 19,119 shares during the last quarter. ORG Partners LLC grew its position in shares of NVIDIA by 11.3% in the 2nd quarter. ORG Partners LLC now owns 51,759 shares of the computer hardware maker's stock valued at $7,991,000 after buying an additional 5,269 shares during the last quarter. Gradient Capital Advisors LLC grew its position in shares of NVIDIA by 2.7% in the 2nd quarter. Gradient Capital Advisors LLC now owns 27,710 shares of the computer hardware maker's stock valued at $4,378,000 after buying an additional 720 shares during the last quarter. Finally, Rainier Family Wealth Inc. grew its position in shares of NVIDIA by 1.3% in the 2nd quarter. Rainier Family Wealth Inc. now owns 42,316 shares of the computer hardware maker's stock valued at $6,686,000 after buying an additional 559 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Stock Up 1.8%

Shares of NASDAQ:NVDA opened at $192.57 on Friday. The company has a market cap of $4.68 trillion, a price-to-earnings ratio of 54.86, a PEG ratio of 1.37 and a beta of 2.12. The firm's 50-day simple moving average is $178.97 and its 200-day simple moving average is $150.06. 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 fifty-two week low of $86.62 and a fifty-two week high of $195.30.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced 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. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion during the quarter, compared to analysts' expectations of $45.65 billion. During the same quarter last year, the business earned $0.68 earnings per share. The business's revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities research analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

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

Analyst Ratings Changes

A number of research analysts recently commented on NVDA shares. Loop Capital increased their target price on shares of NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a research report on Wednesday, June 25th. Cantor Fitzgerald set a $300.00 price objective on shares of NVIDIA and gave the stock an "overweight" rating in a research report on Thursday. Weiss Ratings reissued a "buy (b)" rating on shares of NVIDIA in a research report on Wednesday. BNP Paribas raised shares of NVIDIA to a "hold" rating in a research report on Friday, August 1st. Finally, Mizuho raised their price objective on shares of NVIDIA from $192.00 to $205.00 and gave the stock an "outperform" rating in a research report on Thursday, August 14th. Four investment 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $212.84.

Insider Activity

In related news, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $185.79, for a total value of $13,934,250.00. Following the completion of the sale, the chief executive officer owned 70,858,203 shares in the company, valued at $13,164,745,535.37. This trade represents a 0.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Colette Kress sold 30,500 shares of the firm's stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the completion of the sale, the chief financial officer owned 2,883,402 shares of the company's stock, valued at $508,632,112.80. This trade represents a 1.05% decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,775,379 shares of company stock valued at $665,883,171 in the last quarter. Company insiders own 4.17% of the company's stock.

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.

Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.