Pictet Asset Management Holding SA Has $18.12 Million Stock Holdings in NVR, Inc. $NVR

Key Points

• Pictet Asset Management Holding SA cut its NVR position by 23.9% in the second quarter, selling 835 shares and retaining 2,660 shares valued at approximately $18.12 million. Institutional investors and hedge funds collectively own 83.67% of NVR.
• NVR shares recently traded at $6,308.22, near the lower end of their 52-week range. The company reported quarterly revenue of $2.34 billion, down 10.5% year over year, while net margin was 12.26% and return on equity was 31.02%.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and an average price target of $7,224.20. Recent target cuts and downward EPS revisions contrast with director George Oliver’s purchase of 63 shares worth about $405,000.

Pictet Asset Management Holding SA decreased its position in NVR, Inc. (NYSE:NVR - Free Report) by 23.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,660 shares of the construction company's stock after selling 835 shares during the period. Pictet Asset Management Holding SA owned 0.10% of NVR worth $18,124,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. DV Equities LLC acquired a new position in NVR during the 4th quarter valued at about $29,000. Strive Financial Group LLC acquired a new stake in shares of NVR during the 4th quarter worth approximately $29,000. Oakworth Capital Inc. bought a new stake in shares of NVR during the fourth quarter worth approximately $36,000. State of Wyoming bought a new stake in shares of NVR during the second quarter worth approximately $44,000. Finally, Clearstead Advisors LLC raised its stake in shares of NVR by 75.0% during the fourth quarter. Clearstead Advisors LLC now owns 7 shares of the construction company's stock worth $51,000 after buying an additional 3 shares during the last quarter. 83.67% of the stock is currently owned by institutional investors and hedge funds.

NVR Price Performance

Shares of NVR opened at $6,308.22 on Friday. The company has a quick ratio of 2.24, a current ratio of 5.28 and a debt-to-equity ratio of 0.27. NVR, Inc. has a twelve month low of $5,501.01 and a twelve month high of $8,618.28. The stock has a market capitalization of $16.78 billion, a P/E ratio of 16.36, a P/E/G ratio of 10.51 and a beta of 0.91. The company has a 50 day moving average of $6,451.29 and a 200-day moving average of $6,660.61.

NVR (NYSE:NVR - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The construction company reported $83.96 EPS for the quarter, topping analysts' consensus estimates of $0.90 by $83.06. NVR had a net margin of 12.26% and a return on equity of 31.02%. The business had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same quarter in the previous year, the firm posted $108.54 earnings per share. The firm's revenue for the quarter was down 10.5% on a year-over-year basis. As a group, equities research analysts forecast that NVR, Inc. will post 371.98 EPS for the current fiscal year.

Key NVR News

Here are the key news stories impacting NVR this week:

• Positive Sentiment: NVR director George Oliver purchased 63 shares valued at approximately $405,000, establishing a direct equity position. The insider purchase may be viewed as a signal of confidence in the homebuilder’s long-term prospects, although its size is modest relative to NVR’s market capitalization. NVR Director George Oliver Buys $405K in Stock
• Neutral Sentiment: Brokerages collectively assign NVR an average “Hold” recommendation, suggesting analysts see limited near-term upside despite the company’s strong balance sheet and profitability. NVR Given Average Recommendation of Hold
• Negative Sentiment: Zacks Research lowered its EPS forecasts for NVR’s third quarter and fourth quarter of 2026, citing estimates of $107.17 and $112.20, respectively, versus prior forecasts of $107.42 and $115.02.
• Negative Sentiment: Longer-term revisions were also mostly unfavorable: Q1 2028 EPS was cut to $89.06 from $91.22, Q4 2027 EPS to $121.22 from $123.01, and fiscal 2028 EPS to $452.16 from $461.91. Although Q3 2027 EPS was raised to $117.58 from $115.67, the overall pattern points to reduced earnings expectations.
• Negative Sentiment: Zacks retained its “Strong Sell” rating. The revisions add pressure to NVR’s valuation outlook, particularly after its latest reported quarter showed revenue down 10.5% year over year.

Analyst Upgrades and Downgrades

NVR has been the topic of a number of recent research reports. UBS Group reduced their price objective on shares of NVR from $7,700.00 to $7,400.00 and set a "neutral" rating on the stock in a research note on Friday, July 24th. BTIG Research set a $7,446.00 price target on NVR in a research note on Friday, July 24th. Bank of America reduced their target price on NVR from $7,600.00 to $7,200.00 and set a "buy" rating on the stock in a report on Monday, July 20th. Truist Financial decreased their price target on shares of NVR from $6,600.00 to $6,400.00 and set a "hold" rating for the company in a report on Friday, July 24th. Finally, Wall Street Zen upgraded NVR from a "sell" rating to a "hold" rating in a research report on Saturday, May 9th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $7,224.20.

Insiders Place Their Bets

In other NVR news, Director George Oliver purchased 63 shares of the stock in a transaction on Friday, August 7th. The shares were purchased at an average cost of $6,431.51 per share, for a total transaction of $405,185.13. Following the purchase, the director owned 63 shares of the company's stock, valued at approximately $405,185.13. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 8.60% of the company's stock.

NVR Profile

NVR, Inc is a U.S.-based homebuilding and mortgage banking company that designs, constructs and sells single-family detached homes, townhomes and condominiums. The company operates primarily through its homebuilding business and a mortgage banking subsidiary, providing financing and related closing services to its homebuyers. NVR's homebuilding activities include land development, community planning, model home sales and construction management aimed at a range of buyer demographics.

Its homes are marketed under recognizable regional brands, including Ryan Homes and NVHomes, along with other market-specific trade names, and are offered across multiple geographic markets in the United States.

Want to see what other hedge funds are holding NVR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVR, Inc. (NYSE:NVR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source