Stillwater Capital Advisors LLC Trims Position in NVIDIA Corporation $NVDA

Key Points

• Stillwater Capital Advisors LLC reduced its position in NVIDIA by 29.0% during the second quarter, selling 141,220 shares and holding 345,118 shares worth approximately $54.5 million.
• NVIDIA's stock price rose by 1.8%, currently trading at $192.57, with a market capitalization of $4.68 trillion and a debt-to-equity ratio of 0.08.
• The company reported a 55.6% year-over-year revenue increase, with earnings per share of $1.05 for the last quarter, surpassing analysts' expectations.

Stillwater Capital Advisors LLC trimmed its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 29.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 345,118 shares of the computer hardware maker's stock after selling 141,220 shares during the quarter. NVIDIA comprises about 6.9% of Stillwater Capital Advisors LLC's investment portfolio, making the stock its 3rd biggest position. Stillwater Capital Advisors LLC's holdings in NVIDIA were worth $54,525,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Highline Wealth Partners LLC increased its holdings in shares of NVIDIA by 0.7% in the second quarter. Highline Wealth Partners LLC now owns 175,687 shares of the computer hardware maker's stock worth $27,757,000 after purchasing an additional 1,183 shares during the last quarter. Kendall Capital Management increased its holdings in shares of NVIDIA by 1.1% in the second quarter. Kendall Capital Management now owns 14,930 shares of the computer hardware maker's stock worth $2,359,000 after purchasing an additional 160 shares during the last quarter. Vestia Personal Wealth Advisors increased its stake in NVIDIA by 14.2% during the second quarter. Vestia Personal Wealth Advisors now owns 7,515 shares of the computer hardware maker's stock worth $1,187,000 after acquiring an additional 932 shares during the last quarter. Lloyd Advisory Services LLC. increased its stake in NVIDIA by 3.9% during the second quarter. Lloyd Advisory Services LLC. now owns 17,644 shares of the computer hardware maker's stock worth $2,788,000 after acquiring an additional 658 shares during the last quarter. Finally, 1834 Investment Advisors Co. increased its stake in NVIDIA by 2.9% during the second quarter. 1834 Investment Advisors Co. now owns 30,081 shares of the computer hardware maker's stock worth $4,752,000 after acquiring an additional 849 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

NVIDIA Stock Up 1.8%

Shares of NASDAQ NVDA opened at $192.57 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The firm has a market capitalization of $4.68 trillion, a price-to-earnings ratio of 54.86, a PEG ratio of 1.37 and a beta of 2.12. The stock has a 50 day moving average price of $178.97 and a 200 day moving average price of $150.06. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $195.30.

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 (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA's quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

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

Wall Street Analysts Forecast Growth

NVDA has been the topic of several analyst reports. Wedbush reissued an "outperform" rating and set a $210.00 price objective on shares of NVIDIA in a research note on Thursday, August 28th. Piper Sandler set a $225.00 price objective on NVIDIA and gave the stock an "overweight" rating in a research note on Wednesday, August 13th. Craig Hallum boosted their price objective on NVIDIA from $195.00 to $245.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Jefferies Financial Group reissued a "buy" rating and set a $220.00 price objective (up from $205.00) on shares of NVIDIA in a research note on Monday, September 29th. Finally, UBS Group reissued a "buy" rating on shares of NVIDIA in a research note on Tuesday, September 23rd. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, NVIDIA has an average rating of "Moderate Buy" and an average target price of $212.84.

Insiders Place Their Bets

In other NVIDIA news, CFO Colette Kress sold 30,500 shares of the company's stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the completion of the sale, the chief financial officer owned 2,883,402 shares in the company, valued at $508,632,112.80. This represents a 1.05% decrease in their ownership of the stock. The transaction was disclosed in a 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 on Monday, October 6th. The stock was sold at an average price of $185.79, for a total value of $13,934,250.00. Following the sale, the chief executive officer owned 70,858,203 shares of the company's stock, valued at approximately $13,164,745,535.37. This represents a 0.11% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 3,775,379 shares of company stock valued at $665,883,171. 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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