Robeco Institutional Asset Management B.V. Raises Stake in NVIDIA Corporation $NVDA

Key Points

• Robeco Institutional Asset Management B.V. has increased its stake in NVIDIA Corporation by 10.2%, now holding over 23.9 million shares, which constitutes about 6.1% of its investment portfolio.
• Several other institutional investors have also significantly boosted their positions in NVIDIA, contributing to a total of 65.27% institutional ownership of the stock.
• Analysts have given NVIDIA a consensus buy rating with price targets ranging from $200 to $320, indicating strong confidence in the company's future performance.

Robeco Institutional Asset Management B.V. boosted its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 10.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,975,126 shares of the computer hardware maker's stock after buying an additional 2,209,490 shares during the period. NVIDIA makes up about 6.1% of Robeco Institutional Asset Management B.V.'s investment portfolio, making the stock its largest position. Robeco Institutional Asset Management B.V. owned about 0.10% of NVIDIA worth $3,787,830,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Kathleen S. Wright Associates Inc. increased its position in shares of NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after purchasing an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of NVIDIA during the first quarter valued at approximately $51,000. Bruce G. Allen Investments LLC increased its position in shares of NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock valued at $53,000 after purchasing an additional 327 shares during the period. Legend Financial Advisors Inc. bought a new stake in shares of NVIDIA during the second quarter valued at approximately $55,000. Finally, Campbell Capital Management Inc. increased its position in shares of NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock valued at $65,000 after purchasing an additional 590 shares during the period. 65.27% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on NVDA shares. HSBC set a $320.00 price target on NVIDIA and gave the company a "buy" rating in a research note on Wednesday. Barclays reaffirmed an "overweight" rating and issued a $240.00 price target (up previously from $200.00) on shares of NVIDIA in a research note on Monday, September 22nd. Needham & Company LLC reaffirmed a "buy" rating and issued a $200.00 price target on shares of NVIDIA in a research note on Thursday, August 28th. TD Cowen boosted their price target on NVIDIA from $140.00 to $235.00 and gave the company a "buy" rating in a research note on Tuesday, August 19th. Finally, Benchmark boosted their price target on NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $222.23.

NVIDIA Trading Up 0.8%

Shares of NVDA opened at $183.22 on Friday. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $195.62. The firm has a market capitalization of $4.45 trillion, a PE ratio of 52.20, a price-to-earnings-growth ratio of 1.31 and a beta of 2.12. The stock's fifty day simple moving average is $179.40 and its 200-day simple moving average is $152.97.

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

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA's dividend payout ratio is 1.14%.

Insider Activity

In other news, Director Harvey C. Jones sold 250,000 shares of the company's stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the transaction, the director owned 7,183,280 shares of the company's stock, valued at $1,265,765,768.80. This represents a 3.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Mark A. Stevens sold 350,000 shares of the company's stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $176.39, for a total value of $61,736,500.00. Following the completion of the sale, the director owned 7,399,803 shares of the company's stock, valued at $1,305,251,251.17. This represents a 4.52% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 3,753,937 shares of company stock valued at $667,769,026 over the last 90 days. 4.17% of the stock is owned by company insiders.

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.

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