Petrus Trust Company LTA Makes New Investment in Nova Ltd. $NVMI

Key Points

• Petrus Trust Company LTA acquired 3,276 shares of Nova Ltd. valued at approximately $604,000 in the first quarter, indicating growing institutional interest in the semiconductor company.
• Nova's stock recently rose 1.9% and is currently trading at $255.70, with a market cap of $7.52 billion and a PE ratio of 34.79.
• In its latest earnings report, Nova beat analysts' estimates with $2.20 earnings per share and reported a year-over-year revenue increase of 40.2%, setting Q3 2025 EPS guidance between 2.020 and 2.220.

Petrus Trust Company LTA purchased a new position in shares of Nova Ltd. (NASDAQ:NVMI - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,276 shares of the semiconductor company's stock, valued at approximately $604,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in NVMI. ASR Vermogensbeheer N.V. purchased a new position in Nova during the first quarter worth about $26,000. Advisors Asset Management Inc. boosted its holdings in Nova by 51.6% during the first quarter. Advisors Asset Management Inc. now owns 376 shares of the semiconductor company's stock worth $69,000 after purchasing an additional 128 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in Nova by 7.4% during the first quarter. PNC Financial Services Group Inc. now owns 1,269 shares of the semiconductor company's stock worth $234,000 after purchasing an additional 87 shares during the last quarter. Wellington Management Group LLP purchased a new position in Nova during the fourth quarter worth about $237,000. Finally, Janney Montgomery Scott LLC purchased a new position in Nova during the first quarter worth about $239,000. 82.99% of the stock is currently owned by hedge funds and other institutional investors.

Nova Stock Performance

NASDAQ NVMI traded up $10.33 on Thursday, hitting $288.48. The stock had a trading volume of 475,343 shares, compared to its average volume of 297,210. Nova Ltd. has a 52-week low of $153.99 and a 52-week high of $291.99. The company has a market capitalization of $8.48 billion, a price-to-earnings ratio of 39.25, a price-to-earnings-growth ratio of 2.30 and a beta of 1.72. The firm has a 50-day moving average of $267.89 and a 200-day moving average of $228.35.

Nova (NASDAQ:NVMI - Get Free Report) last posted its earnings results on Thursday, August 7th. The semiconductor company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.05 by $0.15. Nova had a net margin of 29.10% and a return on equity of 24.36%. The business had revenue of $219.99 million for the quarter, compared to analysts' expectations of $214.95 million. During the same period in the prior year, the company posted $1.61 EPS. The business's revenue for the quarter was up 40.2% compared to the same quarter last year. Nova has set its Q3 2025 guidance at 2.020-2.220 EPS. As a group, research analysts anticipate that Nova Ltd. will post 7.52 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on NVMI shares. Cantor Fitzgerald reissued an "overweight" rating and set a $300.00 target price (up from $250.00) on shares of Nova in a research report on Tuesday, June 24th. Bank of America increased their target price on shares of Nova from $250.00 to $270.00 and gave the company a "buy" rating in a research report on Tuesday, June 24th. Finally, Wall Street Zen downgraded shares of Nova from a "buy" rating to a "hold" rating in a research report on Friday, May 30th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $282.50.

Nova Profile

Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging.