NVIDIA Corporation $NVDA Shares Acquired by Gilman Hill Asset Management LLC

Gilman Hill Asset Management LLC increased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 9.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 26,579 shares of the computer hardware maker's stock after buying an additional 2,209 shares during the quarter. Gilman Hill Asset Management LLC's holdings in NVIDIA were worth $4,199,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. HFG Wealth Management LLC grew its position in shares of NVIDIA by 3.4% in the 2nd quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker's stock worth $328,000 after acquiring an additional 68 shares in the last quarter. Burkett Financial Services LLC grew its position in shares of NVIDIA by 1.3% in the 2nd quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker's stock worth $861,000 after acquiring an additional 70 shares in the last quarter. Elevate Wealth Advisory Inc. grew its position in shares of NVIDIA by 1.7% in the 1st quarter. Elevate Wealth Advisory Inc. now owns 4,617 shares of the computer hardware maker's stock worth $500,000 after acquiring an additional 77 shares in the last quarter. Ehrlich Financial Group grew its position in shares of NVIDIA by 2.4% in the 2nd quarter. Ehrlich Financial Group now owns 3,354 shares of the computer hardware maker's stock worth $530,000 after acquiring an additional 80 shares in the last quarter. Finally, Earnest Partners LLC grew its position in shares of NVIDIA by 0.7% in the 1st quarter. Earnest Partners LLC now owns 11,334 shares of the computer hardware maker's stock worth $1,228,000 after acquiring an additional 81 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

NVDA has been the subject of several research reports. Oppenheimer reiterated an "outperform" rating and issued a $225.00 target price (up previously from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. New Street Research boosted their price objective on NVIDIA from $200.00 to $235.00 and gave the company a "buy" rating in a research report on Friday, September 12th. Morgan Stanley boosted their price objective on NVIDIA from $206.00 to $210.00 and gave the company an "overweight" rating in a research report on Thursday, August 28th. KeyCorp restated an "overweight" rating and set a $230.00 price objective (up previously from $215.00) on shares of NVIDIA in a research report on Thursday, August 28th. Finally, Evercore ISI boosted their price objective on NVIDIA from $214.00 to $225.00 and gave the company an "outperform" rating in a research report on Tuesday. Four analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $208.76.

NVIDIA Trading Down 2.8%

Shares of NVDA stock opened at $178.43 on Wednesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.55. The stock has a fifty day moving average of $176.28 and a two-hundred day moving average of $144.59. The firm has a market capitalization of $4.34 trillion, a PE ratio of 50.83, a price-to-earnings-growth ratio of 1.33 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the previous year, the firm posted $0.68 EPS. The firm's quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA's payout ratio is currently 1.14%.

Insider Buying and Selling

In other news, Director Mark A. Stevens sold 350,000 shares of the business's stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.39, for a total value of $61,736,500.00. Following the sale, the director owned 7,399,803 shares of the company's stock, valued at approximately $1,305,251,251.17. The trade was a 4.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Harvey C. Jones sold 250,000 shares of the business's stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value 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 represents a 3.36% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 4,203,905 shares of company stock worth $722,009,402. 4.17% of the stock is owned by corporate insiders.

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.

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