Klingenstein Fields & Co. LP Sells 7,288 Shares of NVIDIA Corporation $NVDA

Key Points

• Klingenstein Fields & Co. LP reduced its NVIDIA stake by 7,288 shares in the fourth quarter, leaving it with 418,903 shares valued at about $78.1 million. NVIDIA remains its 9th-largest holding and makes up about 2.9% of its portfolio.
• NVIDIA reported better-than-expected quarterly results, with EPS of $1.87 versus $1.76 expected and revenue of $81.62 billion versus $78.42 billion estimated. Revenue jumped 85.2% year over year, underscoring continued strength in AI-related demand.
• The company’s board authorized an $80 billion share buyback and raised its quarterly dividend to $0.25 per share from $0.01. Analysts remain broadly bullish, with a consensus rating of “Buy” and an average price target of $305.67.

Klingenstein Fields & Co. LP decreased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 418,903 shares of the computer hardware maker's stock after selling 7,288 shares during the period. NVIDIA accounts for approximately 2.9% of Klingenstein Fields & Co. LP's holdings, making the stock its 9th biggest holding. Klingenstein Fields & Co. LP's holdings in NVIDIA were worth $78,125,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in NVDA. Joule Financial LLC grew its position in NVIDIA by 2.2% during the 3rd quarter. Joule Financial LLC now owns 2,308 shares of the computer hardware maker's stock worth $431,000 after acquiring an additional 50 shares during the last quarter. Vision Financial Markets LLC grew its position in NVIDIA by 1.2% during the 3rd quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker's stock worth $866,000 after acquiring an additional 53 shares during the last quarter. Presidio Capital Management LLC grew its position in NVIDIA by 0.4% during the 4th quarter. Presidio Capital Management LLC now owns 15,137 shares of the computer hardware maker's stock worth $2,823,000 after acquiring an additional 53 shares during the last quarter. LMG Wealth Partners LLC grew its position in NVIDIA by 0.7% during the 4th quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker's stock worth $1,427,000 after acquiring an additional 53 shares during the last quarter. Finally, IMG Wealth Management Inc. grew its position in NVIDIA by 1.4% during the 3rd quarter. IMG Wealth Management Inc. now owns 3,820 shares of the computer hardware maker's stock worth $713,000 after acquiring an additional 54 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Stock Up 0.2%

NVIDIA stock opened at $205.19 on Friday. The firm has a market cap of $4.97 trillion, a price-to-earnings ratio of 31.42, a PEG ratio of 0.46 and a beta of 2.22. The stock has a fifty day simple moving average of $206.84 and a two-hundred day simple moving average of $191.34. NVIDIA Corporation has a 12 month low of $140.85 and a 12 month high of $236.54. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping analysts' consensus estimates of $1.76 by $0.11. The business had revenue of $81.62 billion during the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The company's quarterly revenue was up 85.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.81 EPS. Equities analysts predict that NVIDIA Corporation will post 8.65 EPS for the current fiscal year.

NVIDIA announced that its Board of Directors has approved a stock buyback program on Wednesday, May 20th that permits the company to repurchase $80.00 billion in shares. This repurchase authorization permits the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.

NVIDIA Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This is an increase from NVIDIA's previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. NVIDIA's dividend payout ratio is presently 15.31%.

Insider Buying and Selling

In related news, CFO Colette Kress sold 20,000 shares of NVIDIA stock in a transaction on Friday, March 20th. The stock was sold at an average price of $174.89, for a total value of $3,497,800.00. Following the completion of the sale, the chief financial officer owned 83,060 shares of the company's stock, valued at $14,526,363.40. The trade was a 19.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Stephen C. Neal sold 15,500 shares of NVIDIA stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the completion of the sale, the director directly owned 116,135 shares of the company's stock, valued at $25,053,803.55. The trade was a 11.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,619,457 shares of company stock valued at $332,073,643 over the last ninety days. 3.94% of the stock is owned by insiders.

Analysts Set New Price Targets

NVDA has been the subject of several research analyst reports. The Goldman Sachs Group reiterated a "buy" rating and issued a $285.00 price objective (up from $250.00) on shares of NVIDIA in a report on Wednesday, May 20th. Barclays reiterated an "overweight" rating on shares of NVIDIA in a report on Thursday, May 21st. William Blair reiterated an "outperform" rating on shares of NVIDIA in a report on Tuesday, June 2nd. Tigress Financial reiterated a "strong-buy" rating and issued a $425.00 price objective (up from $360.00) on shares of NVIDIA in a report on Wednesday, May 27th. Finally, HSBC restated a "buy" rating and issued a $325.00 target price (up from $295.00) on shares of NVIDIA in a research note on Tuesday, May 19th. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, NVIDIA presently has an average rating of "Buy" and a consensus price target of $305.67.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Analysts remained broadly bullish, with multiple notes raising revenue forecasts and price targets while arguing NVDA still looks undervalued given its dominance in AI accelerators and networking. Analyst Calls NVIDIA Undervalued, Sees Major Upside Ahead
• Positive Sentiment: Reuters reported that NVIDIA has begun pitching its Vera CPUs to Chinese customers, suggesting a possible reopening of a meaningful China growth channel and expanding the company’s AI data-center addressable market. Exclusive: Nvidia begins Vera CPU sales pitch to Chinese clients, sources say
• Positive Sentiment: New partnerships and product launches reinforced NVIDIA’s platform leadership, including its RTX Spark push for local AI inference, its collaboration with Microsoft on agentic AI, and healthcare AI work with Abridge. Nvidia Is Developing an AI Healthcare Model With Startup Abridge
• Positive Sentiment: Institutional and thematic commentary continued to support the stock, with articles highlighting strong Blackwell demand, a favorable AI spending backdrop, and the idea that NVDA could benefit from the current wave of AI infrastructure buildouts. NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
• Neutral Sentiment: Some market coverage framed NVIDIA as part of a broader tech rotation, with chip stocks moving differently from the mega-cap AI leaders as investors reassessed valuation and near-term expectations. Nvidia stock slips despite China push, strong AI demand outlook
• Negative Sentiment: Bearish and comparative pieces argued that other AI names like Micron or AMD may offer better near-term upside, which can weigh on sentiment toward NVDA even if the company’s fundamentals remain strong. Micron vs. NVIDIA: One AI Stock Is a Clear Buy Right Now

NVIDIA Profile

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company's product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

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