Clarendon Private LLC Raises Holdings in NVIDIA Corporation $NVDA

Key Points

• Clarendon Private LLC has increased its holdings in NVIDIA Corporation by 3.7%, making it the largest position in their portfolio, worth approximately $7.06 million.
• Several analysts have issued upgraded ratings and price targets for NVIDIA, with recommendations ranging from "buy" to "overweight", and an average price target of $207.69.
• NVIDIA recently reported a 55.6% year-over-year revenue increase with earnings per share surpassing estimates, while also announcing a quarterly dividend of $0.01 per share.

Clarendon Private LLC increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 65,140 shares of the computer hardware maker's stock after acquiring an additional 2,327 shares during the period. NVIDIA comprises about 7.5% of Clarendon Private LLC's portfolio, making the stock its biggest position. Clarendon Private LLC's holdings in NVIDIA were worth $7,060,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FMR LLC lifted its holdings in NVIDIA by 0.7% during the 4th quarter. FMR LLC now owns 1,004,376,608 shares of the computer hardware maker's stock worth $134,877,735,000 after buying an additional 6,665,252 shares during the period. Geode Capital Management LLC increased its position in NVIDIA by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 555,548,278 shares of the computer hardware maker's stock valued at $74,439,273,000 after buying an additional 9,468,786 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in NVIDIA by 0.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 411,328,951 shares of the computer hardware maker's stock valued at $55,237,367,000 after buying an additional 3,721,331 shares in the last quarter. Norges Bank bought a new stake in NVIDIA during the 4th quarter worth approximately $43,515,504,000. Finally, Northern Trust Corp grew its holdings 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 valued at $35,782,134,000 after acquiring an additional 36,266,817 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

NVIDIA Stock Down 3.3%

Shares of NVDA traded down $5.99 on Friday, hitting $174.18. 242,604,296 shares of the stock traded hands, compared to its average volume of 168,293,824. The company has a market capitalization of $4.23 trillion, a PE ratio of 49.62, a P/E/G ratio of 1.52 and a beta of 2.14. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.96 and a current ratio of 4.21. The business has a 50 day simple moving average of $170.83 and a 200 day simple moving average of $139.08. NVIDIA Corporation has a one year low of $86.62 and a one year high of $184.48.

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 for the quarter, beating the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm's quarterly revenue was up 55.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be paid 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 dividend yield of 0.0%. NVIDIA's payout ratio is 1.14%.

Insider Buying and Selling at NVIDIA

In other news, CFO Colette Kress sold 27,640 shares of the business's stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $178.06, for a total value of $4,921,578.40. Following the sale, the chief financial officer directly owned 2,956,876 shares in the company, valued at $526,501,340.56. The trade was a 0.93% decrease in their position. The transaction was disclosed in a filing 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 dated Friday, August 15th. The stock was sold at an average price of $179.76, for a total transaction of $13,482,000.00. Following the completion of the sale, the chief executive officer owned 72,848,225 shares in the company, valued at approximately $13,095,196,926. This trade represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 5,862,440 shares of company stock worth $896,145,782. Corporate insiders own 4.17% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on NVDA. Craig Hallum increased their target price on NVIDIA from $195.00 to $245.00 and gave the stock a "buy" rating in a research report on Thursday. Piper Sandler set a $225.00 target price on NVIDIA and gave the company an "overweight" rating in a research note on Wednesday, August 13th. Morgan Stanley raised their price objective on NVIDIA from $206.00 to $210.00 and gave the company an "overweight" rating in a research note on Thursday. Bank of America increased their target price on shares of NVIDIA from $220.00 to $235.00 and gave the stock a "buy" rating in a report on Thursday. Finally, Raymond James Financial increased their target price on shares of NVIDIA from $150.00 to $165.00 and gave the stock a "strong-buy" rating in a report on Thursday, May 29th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $207.69.

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.