NVIDIA Corporation $NVDA is Heritage Investors Management Corp's 9th Largest Position

Heritage Investors Management Corp grew its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 522,886 shares of the computer hardware maker's stock after acquiring an additional 9,214 shares during the period. NVIDIA accounts for 1.9% of Heritage Investors Management Corp's holdings, making the stock its 9th biggest holding. Heritage Investors Management Corp's holdings in NVIDIA were worth $56,670,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in NVDA. Teachers Retirement System of The State of Kentucky boosted its stake in shares of NVIDIA by 1.6% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 3,643,301 shares of the computer hardware maker's stock valued at $394,861,000 after purchasing an additional 57,047 shares in the last quarter. J.W. Cole Advisors Inc. boosted its stake in shares of NVIDIA by 72.7% during the first quarter. J.W. Cole Advisors Inc. now owns 780,172 shares of the computer hardware maker's stock valued at $84,555,000 after purchasing an additional 328,544 shares in the last quarter. Eagle Bay Advisors LLC boosted its stake in shares of NVIDIA by 5.1% during the first quarter. Eagle Bay Advisors LLC now owns 11,012 shares of the computer hardware maker's stock valued at $1,194,000 after purchasing an additional 531 shares in the last quarter. WNY Asset Management LLC boosted its stake in shares of NVIDIA by 9.7% during the first quarter. WNY Asset Management LLC now owns 37,981 shares of the computer hardware maker's stock valued at $4,116,000 after purchasing an additional 3,346 shares in the last quarter. Finally, Montag A & Associates Inc. boosted its stake in shares of NVIDIA by 4.9% during the first quarter. Montag A & Associates Inc. now owns 189,404 shares of the computer hardware maker's stock valued at $20,530,000 after purchasing an additional 8,853 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on NVDA. Mizuho increased their price objective on shares of NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a research note on Thursday, August 14th. Loop Capital increased their price objective on shares of NVIDIA from $175.00 to $250.00 and gave the company a "buy" rating in a research note on Wednesday, June 25th. Phillip Securities upgraded shares of NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a research note on Monday, July 14th. Oppenheimer raised their target price on shares of NVIDIA from $175.00 to $200.00 and gave the company an "outperform" rating in a research note on Tuesday, July 15th. Finally, Benchmark restated a "buy" rating and issued a $190.00 target price on shares of NVIDIA in a research note on Thursday, May 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $189.97.

Insider Buying and Selling at NVIDIA

In related news, EVP Ajay K. Puri sold 168,195 shares of the business's stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the completion of the transaction, the executive vice president directly owned 4,018,547 shares in the company, valued at $613,391,014.08. The trade was a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total transaction of $11,440,500.00. Following the transaction, the chief executive officer owned 75,548,225 shares of the company's stock, valued at $11,524,126,241.50. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 5,912,440 shares of company stock valued at $902,886,782. Company insiders own 4.17% of the company's stock.

NVIDIA Stock Performance

NASDAQ NVDA traded down $2.2930 during trading hours on Wednesday, reaching $173.3470. The stock had a trading volume of 146,778,097 shares, compared to its average volume of 240,552,344. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.48. The stock has a fifty day moving average of $165.38 and a 200 day moving average of $136.23. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.96 and a current ratio of 3.39. The stock has a market cap of $4.23 trillion, a P/E ratio of 55.90, a price-to-earnings-growth ratio of 1.60 and a beta of 2.14.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.06). NVIDIA had a return on equity of 105.09% and a net margin of 51.69%.The business had revenue of $44.06 billion during the quarter, compared to analyst estimates of $43.09 billion. During the same quarter last year, the company posted $0.61 EPS. NVIDIA's quarterly revenue was up 69.2% compared to the same quarter last year. NVIDIA has set its Q2 2026 guidance at EPS. Sell-side analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Investors of record on Wednesday, June 11th were given a dividend of $0.01 per share. The ex-dividend date was Wednesday, June 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA's payout ratio is currently 1.29%.

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.