Key Client Fiduciary Advisors LLC Acquires 1,922 Shares of NVIDIA Corporation $NVDA

Key Points

• Key Client Fiduciary Advisors LLC increased its holdings in NVIDIA by 5.0% in Q2, owning 40,573 shares valued at approximately $6.41 million.
• NVIDIA reported earnings of $1.05 per share for the last quarter, surpassing analysts' expectations, with revenue increasing 55.6% year-over-year.
• The company announced a quarterly dividend of $0.01 per share, indicating an annualized yield of 0.0% and a dividend payout ratio of 1.14%.

Key Client Fiduciary Advisors LLC raised its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 5.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,573 shares of the computer hardware maker's stock after acquiring an additional 1,922 shares during the quarter. NVIDIA makes up about 2.6% of Key Client Fiduciary Advisors LLC's investment portfolio, making the stock its 8th biggest position. Key Client Fiduciary Advisors LLC's holdings in NVIDIA were worth $6,410,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in NVIDIA by 2.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker's stock valued at $22,412,434,000 after acquiring an additional 5,896,735 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in NVIDIA by 11.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 200,898,191 shares of the computer hardware maker's stock valued at $26,978,618,000 after acquiring an additional 20,494,402 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of NVIDIA by 123.5% in the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock worth $20,374,921,000 after purchasing an additional 103,889,872 shares during the last quarter. Nuveen LLC bought a new stake in shares of NVIDIA in the first quarter worth about $15,089,414,000. Finally, Amundi increased its holdings in shares of NVIDIA by 16.0% in the first quarter. Amundi now owns 135,770,043 shares of the computer hardware maker's stock worth $13,826,199,000 after purchasing an additional 18,733,431 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Wolfe Research lifted their target price on NVIDIA from $220.00 to $230.00 and gave the stock an "outperform" rating in a report on Thursday, August 28th. DA Davidson raised NVIDIA from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $195.00 to $210.00 in a report on Thursday, September 11th. Barclays lifted their target price on NVIDIA from $170.00 to $200.00 and gave the stock an "overweight" rating in a report on Tuesday, June 17th. New Street Research lifted their target price on NVIDIA from $200.00 to $235.00 and gave the stock a "buy" rating in a report on Friday, September 12th. Finally, Craig Hallum boosted their price objective on NVIDIA from $195.00 to $245.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Four analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, NVIDIA currently has a consensus rating of "Moderate Buy" and an average price target of $208.47.

NVIDIA Trading Up 3.9%

Shares of NASDAQ NVDA traded up $6.94 during trading hours on Monday, reaching $183.61. The stock had a trading volume of 268,372,112 shares, compared to its average volume of 180,339,776. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The firm has a market cap of $4.46 trillion, a price-to-earnings ratio of 52.31, a P/E/G ratio of 1.28 and a beta of 2.10. The business's fifty day moving average price is $175.73 and its two-hundred day moving average price is $143.85. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.55.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA's quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be issued a $0.01 dividend. The ex-dividend date is Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA's payout ratio is presently 1.14%.

Insider Transactions at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $176.42, for a total value of $13,231,500.00. Following the completion of the transaction, the chief executive officer owned 71,683,203 shares of the company's stock, valued at $12,646,350,673.26. The trade was a 0.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Stephen C. Neal sold 28,000 shares of the business's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $177.58, for a total transaction of $4,972,240.00. Following the completion of the transaction, the director directly owned 143,410 shares of the company's stock, valued at $25,466,747.80. This trade represents a 16.34% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,914,341 shares of company stock worth $662,228,310 over the last three months. 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.