Meyer Handelman Co. Has $37.26 Million Position in NVIDIA Corporation $NVDA

Meyer Handelman Co. grew its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 38.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 186,205 shares of the computer hardware maker's stock after acquiring an additional 51,432 shares during the period. Meyer Handelman Co.'s holdings in NVIDIA were worth $37,256,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Lifetime Wealth Management P.C. acquired a new position in NVIDIA during the fourth quarter worth approximately $26,000. Longview Financial Advisors Inc. acquired a new stake in shares of NVIDIA in the first quarter valued at approximately $27,000. Phillip James Consulting Co. acquired a new stake in shares of NVIDIA in the first quarter valued at approximately $40,000. Syntax Research Inc. boosted its stake in shares of NVIDIA by 62.5% during the 4th quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock worth $49,000 after acquiring an additional 100 shares during the period. Finally, Frankly Finances LLC bought a new position in shares of NVIDIA during the 2nd quarter worth approximately $60,000. 65.27% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of NVIDIA in a research note on Monday, August 31st. TD Cowen reaffirmed a "buy" rating on shares of NVIDIA in a research report on Tuesday, August 18th. Needham & Company LLC reiterated a "buy" rating and issued a $300.00 price objective on shares of NVIDIA in a report on Friday, September 4th. Jefferies Financial Group reissued a "buy" rating on shares of NVIDIA in a research report on Wednesday, August 26th. Finally, William Blair restated an "outperform" rating on shares of NVIDIA in a research note on Tuesday, June 2nd. Three research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $324.34.

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $227.38 on Tuesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The stock's fifty day moving average price is $215.13 and its two-hundred day moving average price is $204.77. NVIDIA Corporation has a one year low of $164.27 and a one year high of $236.54. The firm has a market cap of $5.48 trillion, a price-to-earnings ratio of 28.75, a P/E/G ratio of 1.72 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping analysts' consensus estimates of $2.09 by $0.13. The company had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The company's revenue was up 105.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.05 earnings per share. On average, equities analysts forecast that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA's dividend payout ratio (DPR) is currently 12.64%.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: China sales could receive a boost: Upcoming discussions between U.S. President Donald Trump and Chinese President Xi Jinping have raised hopes that restrictions on Nvidia’s ability to sell advanced chips in China could ease. However, negotiations have not yet produced licenses or customer orders. Nvidia Stock Can Surge on Trump’s China Talks
• Positive Sentiment: AI demand is expanding: Nvidia is positioning its technology for AI agents, CPUs, cybersecurity, autonomous vehicles and potentially orbital data centers. Its support for Swedish autonomous-truck company Einride highlights additional growth opportunities beyond traditional data-center GPUs. Nvidia to Support Scale-Up of Autonomous Trucks at Sweden's Einride
• Positive Sentiment: Strategic AI acquisition: Nvidia reportedly agreed to acquire Hugging Face for approximately $12.9 billion, giving it access to a large ecosystem of AI models, datasets, applications and developers. The deal could strengthen Nvidia’s software and developer distribution, though its financial impact is not yet clear. Nvidia’s Hugging Face Deal
• Positive Sentiment: Analyst support remains strong: Wall Street’s average price target implies substantial additional upside, while a broker raised its fiscal 2027 EPS estimate. Nvidia’s latest reported quarter also showed revenue growth above 100% year over year and an earnings beat. Wall Street Analysts See Upside in Nvidia
• Neutral Sentiment: CEO Jensen Huang rejected AI “doomsday” forecasts and argued that existing laws are sufficient, reinforcing Nvidia’s stance against regulation that could slow adoption. His comments may support sentiment but do not directly change earnings expectations. Nvidia CEO Rejects AI Doomsday Fears
• Negative Sentiment: Rates and valuation remain key risks: Commentary warned that higher interest rates could pressure heavily valued AI stocks by raising financing costs and reducing the present value of future growth. Nvidia’s high expectations leave the shares sensitive to any slowdown in hyperscaler spending or AI demand. Why Higher Rates Are Becoming Nvidia’s Biggest Threat
• Negative Sentiment: Nvidia’s CFO sold roughly $7.6 million of stock. The transaction is small relative to the company’s market value but may add modest insider-selling pressure.

Insiders Place Their Bets

In other NVIDIA news, CFO Colette Kress sold 34,918 shares of NVIDIA stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $219.05, for a total value of $7,648,787.90. Following the completion of the sale, the chief financial officer owned 765,103 shares in the company, valued at $167,595,812.15. The trade was a 4.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of the business's stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the completion of the sale, the director directly owned 2,336,531 shares of the company's stock, valued at $541,187,310.22. This represents a 21.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,735,658 shares of company stock worth $392,663,865 in the last quarter. 3.94% of the stock is currently owned by corporate insiders.

NVIDIA Company Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company's offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

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