NVIDIA Corporation $NVDA is Heritage Investors Management Corp's 8th Largest Position

Heritage Investors Management Corp reduced its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 484,082 shares of the computer hardware maker's stock after selling 5,219 shares during the quarter. NVIDIA comprises approximately 2.7% of Heritage Investors Management Corp's portfolio, making the stock its 8th biggest position. Heritage Investors Management Corp's holdings in NVIDIA were worth $96,860,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of NVDA. J. Stern & Co. LLP increased its stake in NVIDIA by 13,709.1% in the fourth quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker's stock valued at $23,454,297,000 after purchasing an additional 124,849,603 shares during the period. PFA Pension Forsikringsaktieselskab acquired a new stake in shares of NVIDIA during the fourth quarter worth about $2,635,969,000. Amundi boosted its stake in shares of NVIDIA by 10.4% during the first quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock worth $23,329,141,000 after buying an additional 12,575,177 shares during the period. SEB Asset Management AB purchased a new position in shares of NVIDIA during the first quarter worth about $1,692,807,000. Finally, Employees Provident Fund Board purchased a new position in shares of NVIDIA during the fourth quarter worth about $1,243,336,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on NVDA. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $400.00 price objective (up from $315.00) on shares of NVIDIA in a research note on Thursday, August 27th. Raymond James Financial set a $515.00 target price on NVIDIA and gave the company a "strong-buy" rating in a report on Thursday, August 27th. Cantor Fitzgerald restated an "overweight" rating and set a $350.00 price target on shares of NVIDIA in a research note on Monday, August 24th. HSBC increased their price target on NVIDIA from $360.00 to $365.00 in a report on Thursday, August 27th. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of NVIDIA in a research note on Monday, August 31st. 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 has an average rating of "Buy" and an average price target of $324.34.

NVIDIA Trading Up 0.7%

Shares of NVDA stock opened at $228.87 on Wednesday. The business's fifty day moving average price is $215.47 and its 200 day moving average price is $205.09. The firm has a market capitalization of $5.52 trillion, a PE ratio of 28.93, a P/E/G ratio of 1.76 and a beta of 2.22. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. NVIDIA Corporation has a 1-year low of $164.27 and a 1-year high of $236.54.

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

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.00 annualized dividend and a yield of 0.4%. NVIDIA's dividend payout ratio is 12.64%.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: CEO Jensen Huang pushed back against AI “doomsday” scenarios and argued that existing laws are sufficient, helping ease concerns that overly restrictive regulation could slow AI deployment. Nvidia’s Jensen Huang rejects AI doomsday fears
• Positive Sentiment: Analysts and financial commentators continue to highlight NVIDIA’s earnings momentum, broad AI hardware and networking portfolio, and projected long-term demand. Zacks restored the stock to a Rank #1 “Strong Buy,” while another report cited potential upside from positive earnings revisions. Bull of the Day: NVIDIA Corp.
• Positive Sentiment: Potentially improved access to China is a major catalyst. NVIDIA’s latest forecast reportedly assumes no data-center compute sales to China, leaving upside if the upcoming Trump-Xi discussions lead to licenses or expanded chip shipments. Nvidia’s forecast assumes no data center chip sales to China
• Positive Sentiment: New ecosystem initiatives reinforce NVIDIA’s expansion beyond GPUs. QAD | Redzone plans to integrate NVIDIA technology into manufacturing intelligence, while NVIDIA’s reported roughly $12.9 billion Hugging Face acquisition would add a major developer, model and dataset ecosystem. QAD Redzone Accelerates Manufacturing Intelligence with NVIDIA
• Neutral Sentiment: Investors are increasingly focused on AI infrastructure bottlenecks such as high-bandwidth memory, optical networking, power and cooling. Rising component costs could pressure NVIDIA’s margins, but may also validate demand and strengthen the position of critical suppliers such as Micron, Coherent and Lumentum. NVIDIA just named AI’s next bottleneck
• Negative Sentiment: AMD’s rapid advance is intensifying competitive pressure. Large OpenAI and Oracle commitments, rising data-center revenue and potential pricing power suggest hyperscalers are diversifying away from a single accelerator supplier. AMD chips away at NVIDIA’s AI throne
• Negative Sentiment: Other reports warn that higher interest rates, concentrated AI revenue, expensive infrastructure financing and persistent bubble concerns could weigh on NVIDIA’s richly valued shares. NVIDIA also missed the strongest portion of a Meta-driven chip rally, underscoring lingering growth expectations.

Insider Activity

In other news, EVP Timothy S. Teter sold 30,000 shares of the firm's stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $217.88, for a total transaction of $6,536,400.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares of the company's stock, valued at $585,587,360.80. This trade represents a 1.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of NVIDIA stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the transaction, the director owned 2,336,531 shares of the company's stock, valued at $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,735,658 shares of company stock worth $392,663,865 over the last 90 days. 3.94% of the stock is currently owned by corporate insiders.

NVIDIA 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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