Lantz Financial LLC Grows Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• Lantz Financial LLC increased its stake in NVIDIA by 7.7% in the second quarter, now holding 40,605 shares valued at approximately $6.4 million.
• Hedge funds have shown significant interest in NVIDIA, with various firms like Kingstone Capital Partners increasing their positions dramatically, including a 267,959.7% increase.
• Analysts maintain a positive outlook on NVIDIA, with an average rating of "Moderate Buy" and a consensus target price of $209.82.

Lantz Financial LLC raised its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 7.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 40,605 shares of the computer hardware maker's stock after buying an additional 2,886 shares during the quarter. NVIDIA comprises about 1.6% of Lantz Financial LLC's investment portfolio, making the stock its 13th largest holding. Lantz Financial LLC's holdings in NVIDIA were worth $6,415,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of NVDA. Kingstone Capital Partners Texas LLC lifted its position in shares of NVIDIA by 267,959.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker's stock valued at $64,976,521,000 after buying an additional 382,231,120 shares during the last quarter. Nuveen LLC purchased a new stake in shares of NVIDIA during the first quarter valued at about $15,089,414,000. Goldman Sachs Group Inc. lifted its position in shares of NVIDIA by 123.5% during the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock valued at $20,374,921,000 after buying an additional 103,889,872 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of NVIDIA by 12,173.2% during the first quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker's stock valued at $5,293,039,000 after buying an additional 48,439,859 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its holdings in shares of NVIDIA by 204.6% during the first quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker's stock valued at $3,864,026,000 after acquiring an additional 23,948,733 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on NVDA shares. Oppenheimer restated an "outperform" rating and set a $225.00 price objective (up previously from $200.00) on shares of NVIDIA in a report on Thursday, August 28th. Phillip Securities upgraded shares of NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a report on Monday, July 14th. BNP Paribas upgraded shares of NVIDIA to a "hold" rating in a report on Friday, August 1st. Sanford C. Bernstein restated a "buy" rating on shares of NVIDIA in a report on Tuesday, September 23rd. Finally, Needham & Company LLC restated a "buy" rating and set a $200.00 price objective on shares of NVIDIA in a report on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $209.82.

NVIDIA Trading Up 0.3%

Shares of NVDA stock opened at $178.19 on Friday. The stock's fifty day moving average is $176.60 and its two-hundred day moving average is $145.99. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The firm has a market capitalization of $4.33 trillion, a P/E ratio of 50.77, a PEG ratio of 1.29 and a beta of 2.10. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.55.

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

NVIDIA Dividend Announcement

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

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the sale, the director directly owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This trade represents a 3.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $177.60, for a total transaction of $13,320,000.00. Following the completion of the transaction, the chief executive officer owned 71,458,203 shares of the company's stock, valued at $12,690,976,852.80. This trade represents a 0.10% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 4,176,470 shares of company stock valued at $720,979,162. 4.17% of the stock is currently owned by company insiders.

About NVIDIA

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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