NVIDIA Corporation $NVDA Stake Lifted by Rossmore Private Capital

Rossmore Private Capital increased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 25.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,438 shares of the computer hardware maker's stock after buying an additional 12,077 shares during the quarter. Rossmore Private Capital's holdings in NVIDIA were worth $6,442,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD grew its stake in NVIDIA by 0.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 411,328,951 shares of the computer hardware maker's stock worth $55,237,367,000 after buying an additional 3,721,331 shares during the last quarter. Northern Trust Corp grew its stake in shares of NVIDIA by 15.8% in the fourth quarter. Northern Trust Corp now owns 266,454,194 shares of the computer hardware maker's stock worth $35,782,134,000 after purchasing an additional 36,266,817 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of NVIDIA by 11.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 200,898,191 shares of the computer hardware maker's stock worth $26,978,618,000 after purchasing an additional 20,494,402 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of NVIDIA by 123.5% in the first quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock worth $20,374,921,000 after purchasing an additional 103,889,872 shares in the last quarter. Finally, Capital World Investors grew its stake in shares of NVIDIA by 6.5% in the fourth quarter. Capital World Investors now owns 140,921,614 shares of the computer hardware maker's stock worth $18,925,009,000 after purchasing an additional 8,555,411 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Trading Up 1.5%

Shares of NASDAQ NVDA opened at $170.76 on Wednesday. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.48. The company has a market cap of $4.15 trillion, a price-to-earnings ratio of 48.65, a P/E/G ratio of 1.22 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 business has a fifty day simple moving average of $173.29 and a 200-day simple moving average of $140.65.

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

NVIDIA Dividend Announcement

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

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Arete Research raised NVIDIA to a "strong-buy" rating in a research note on Wednesday, May 21st. Robert W. Baird increased their price target on NVIDIA from $195.00 to $225.00 and gave the stock an "outperform" rating in a research note on Monday, August 25th. Oppenheimer reissued an "outperform" rating and issued a $225.00 price target (up previously from $200.00) on shares of NVIDIA in a research note on Thursday, August 28th. BNP Paribas raised NVIDIA to a "hold" rating in a research note on Friday, August 1st. Finally, Citigroup cut their price objective on NVIDIA from $210.00 to $200.00 and set a "buy" rating for the company in a report on Monday. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $207.42.

Insider Activity

In other news, EVP Ajay K. Puri sold 168,195 shares of the stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the transaction, the executive vice president owned 4,018,547 shares of the company's stock, valued at approximately $613,391,014.08. This represents a 4.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total value of $11,440,500.00. Following the transaction, the chief executive officer directly owned 75,548,225 shares in the company, valued at approximately $11,524,126,241.50. This represents a 0.10% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 3,832,755 shares of company stock valued at $619,935,680. Insiders own 4.17% of the company's stock.

NVIDIA Company 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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