Schnieders Capital Management LLC Has $8.48 Million Position in NVIDIA Corporation $NVDA

Key Points

• Schnieders Capital Management LLC has reduced its stake in NVIDIA Corporation by 7.7%, owning 78,225 shares valued at approximately $8.48 million, making it the firm's 14th largest holding.
• NVIDIA's recent quarterly earnings report showed an EPS of $1.05, exceeding analysts' expectations, with a year-over-year revenue increase of 55.6%.
• The company declared a quarterly dividend of $0.01 per share, which will be paid on October 2nd, indicating a 0.0% yield for shareholders.

Schnieders Capital Management LLC reduced its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 7.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 78,225 shares of the computer hardware maker's stock after selling 6,565 shares during the quarter. NVIDIA accounts for 1.8% of Schnieders Capital Management LLC's investment portfolio, making the stock its 14th biggest holding. Schnieders Capital Management LLC's holdings in NVIDIA were worth $8,478,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD raised 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 valued at $55,237,367,000 after purchasing an additional 3,721,331 shares during the period. Northern Trust Corp raised its stake in NVIDIA by 15.8% during the 4th quarter. Northern Trust Corp now owns 266,454,194 shares of the computer hardware maker's stock valued at $35,782,134,000 after purchasing an additional 36,266,817 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in NVIDIA by 11.4% during the 4th 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 valued at $26,978,618,000 after purchasing an additional 20,494,402 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of NVIDIA by 123.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock valued at $20,374,921,000 after acquiring an additional 103,889,872 shares in the last quarter. Finally, Capital World Investors grew its holdings in shares of NVIDIA by 6.5% during the 4th quarter. Capital World Investors now owns 140,921,614 shares of the computer hardware maker's stock valued at $18,925,009,000 after acquiring an additional 8,555,411 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Trading Down 2.7%

Shares of NASDAQ:NVDA opened at $167.02 on Friday. The stock has a market capitalization of $4.06 trillion, a PE ratio of 47.58, a P/E/G ratio of 1.25 and a beta of 2.10. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.48. The firm has a fifty day moving average price of $172.73 and a 200 day moving average price of $140.20. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08.

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

NVIDIA Announces Dividend

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

Insider Transactions at NVIDIA

In other NVIDIA news, Director Dawn E. Hudson sold 18,000 shares of the company's stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $172.00, for a total transaction of $3,096,000.00. Following the completion of the sale, the director directly owned 368,887 shares in the company, valued at $63,448,564. This represents a 4.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $169.65, for a total transaction of $12,723,750.00. Following the sale, the chief executive officer owned 72,698,366 shares of the company's stock, valued at $12,333,277,791.90. This trade represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,872,755 shares of company stock valued at $764,283,330 over the last 90 days. Corporate insiders own 4.17% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on NVDA. BNP Paribas upgraded shares of NVIDIA to a "hold" rating in a report on Friday, August 1st. JPMorgan Chase & Co. restated an "overweight" rating and set a $215.00 price target on shares of NVIDIA in a report on Thursday. Morgan Stanley boosted their price target on shares of NVIDIA from $206.00 to $210.00 and gave the company an "overweight" rating in a report on Thursday, August 28th. Robert W. Baird boosted their price target on shares of NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a report on Monday, August 25th. Finally, Truist Financial boosted their price target on shares of NVIDIA from $210.00 to $228.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $207.69.

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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