HBK Sorce Advisory LLC Makes New $1.70 Million Investment in NVR, Inc. $NVR

Key Points

• HBK Sorce Advisory LLC initiated a $1.70 million position in NVR by purchasing 267 shares during the second quarter. Institutional investors collectively own 83.67% of the homebuilder’s stock.
• NVR’s latest quarter showed mixed results: EPS exceeded estimates, but revenue fell 10.5% year over year to $2.34 billion, while prior-year EPS was higher. Zacks cut several future EPS forecasts and maintained a “Strong Sell” rating.
• Analyst sentiment remains cautious, with NVR holding a consensus “Hold” rating and an average price target of $7,224.20. Shares opened at $6,308.22, well below their 52-week high of $8,618.28.

HBK Sorce Advisory LLC purchased a new position in shares of NVR, Inc. (NYSE:NVR - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 267 shares of the construction company's stock, valued at approximately $1,702,000.

A number of other hedge funds and other institutional investors have also modified their holdings of NVR. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in NVR by 0.5% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 425 shares of the construction company's stock worth $3,099,000 after purchasing an additional 2 shares in the last quarter. International Assets Investment Management LLC raised its holdings in NVR by 3.9% during the fourth quarter. International Assets Investment Management LLC now owns 53 shares of the construction company's stock valued at $387,000 after buying an additional 2 shares in the last quarter. Ballentine Partners LLC lifted its position in shares of NVR by 4.9% in the fourth quarter. Ballentine Partners LLC now owns 43 shares of the construction company's stock worth $314,000 after buying an additional 2 shares during the last quarter. AG2R LA Mondiale Gestion D Actifs lifted its position in shares of NVR by 1.6% in the fourth quarter. AG2R LA Mondiale Gestion D Actifs now owns 127 shares of the construction company's stock worth $926,000 after buying an additional 2 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in shares of NVR by 28.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 9 shares of the construction company's stock worth $67,000 after buying an additional 2 shares during the last quarter. Institutional investors own 83.67% of the company's stock.

Trending Headlines about NVR

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.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Zelman & Associates raised NVR from a "hold" rating to a "buy" rating in a report on Tuesday, July 7th. Wall Street Zen upgraded NVR from a "sell" rating to a "hold" rating in a report on Saturday, May 9th. UBS Group decreased their target price on NVR from $7,700.00 to $7,400.00 and set a "neutral" rating for the company in a research report on Friday, July 24th. BTIG Research set a $7,446.00 price target on NVR in a report on Friday, July 24th. Finally, Zacks Research lowered shares of NVR from a "hold" rating to a "strong sell" rating in a research report on Tuesday, July 21st. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, NVR currently has a consensus rating of "Hold" and an average target price of $7,224.20.

NVR Trading Up 0.0%

Shares of NYSE:NVR opened at $6,308.22 on Monday. The company has a market cap of $16.78 billion, a P/E ratio of 16.36, a P/E/G ratio of 10.55 and a beta of 0.91. The stock's 50-day moving average is $6,451.29 and its 200-day moving average is $6,653.38. NVR, Inc. has a 52-week low of $5,501.01 and a 52-week high of $8,618.28. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.24 and a current ratio of 5.28.

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

Insider Buying and Selling

In other NVR news, Director George Oliver purchased 63 shares of the business's stock in a transaction dated Friday, August 7th. The stock was bought at an average cost of $6,431.51 per share, for a total transaction of $405,185.13. Following the completion of the acquisition, the director directly owned 63 shares in the company, valued at $405,185.13. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 8.60% of the stock is currently owned by corporate insiders.

About NVR

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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