Colonial Trust Advisors Has $23.21 Million Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• Colonial Trust Advisors increased its holdings in NVIDIA Corporation by 1.5%, owning 214,166 shares valued at approximately $23.2 million, making it the firm's 9th largest position.
• NVIDIA's latest quarterly earnings report showed earnings per share of $1.05, surpassing analysts' expectations, with revenue of $46.74 billion, a 55.6% increase year-over-year.
• The company also announced a quarterly dividend of $0.01 per share, with a current dividend yield of 0.0%, underscoring a low annual payout ratio of just 1.14%.

Colonial Trust Advisors boosted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 214,166 shares of the computer hardware maker's stock after purchasing an additional 3,250 shares during the period. NVIDIA makes up about 2.1% of Colonial Trust Advisors' portfolio, making the stock its 9th biggest position. Colonial Trust Advisors' holdings in NVIDIA were worth $23,211,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC raised its position in NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock worth $43,631,000 after acquiring an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG raised its position in shares of NVIDIA by 1.0% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock valued at $315,100,000 after buying an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE increased its position in NVIDIA by 6.7% during the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock worth $7,842,000 after purchasing an additional 3,653 shares during the last quarter. Hudson Value Partners LLC increased its position in NVIDIA by 30.7% during the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock worth $6,805,000 after purchasing an additional 11,900 shares during the last quarter. Finally, Selway Asset Management purchased a new position in NVIDIA during the fourth quarter worth about $269,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Stock Down 0.1%

Shares of NVIDIA stock traded down $0.16 on Thursday, hitting $177.17. 150,723,200 shares of the company's stock traded hands, compared to its average volume of 176,675,152. The stock has a market cap of $4.31 trillion, a P/E ratio of 50.48, a PEG ratio of 1.29 and a beta of 2.10. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The firm's 50-day moving average is $173.69 and its 200 day moving average is $140.91. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.48.

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

NVIDIA Dividend Announcement

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

Insider Transactions at NVIDIA

In other NVIDIA news, Director Dawn E. Hudson sold 18,000 shares of the firm's stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $172.00, for a total value of $3,096,000.00. Following the sale, the director directly owned 368,887 shares in the company, valued at $63,448,564. This trade represents a 4.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $177.57, for a total value of $13,317,750.00. Following the sale, the chief executive officer owned 72,248,366 shares in the company, valued at approximately $12,829,142,350.62. This represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,907,755 shares of company stock valued at $633,253,430 over the last 90 days. Corporate insiders own 4.17% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. The Goldman Sachs Group reissued a "buy" rating and set a $200.00 price target on shares of NVIDIA in a research report on Wednesday, August 27th. BNP Paribas upgraded shares of NVIDIA to a "hold" rating in a research report on Friday, August 1st. Evercore ISI raised their target price on shares of NVIDIA from $190.00 to $214.00 and gave the stock an "outperform" rating in a research report on Friday, August 22nd. Bank of America raised their target price on shares of NVIDIA from $220.00 to $235.00 and gave the stock a "buy" rating in a research report on Thursday, August 28th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $200.00 price objective on shares of NVIDIA in a research report on Thursday, August 28th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $207.83.

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.