Rep. Virginia Foxx Purchases Shares of Hercules Capital, Inc. (NYSE:HTGC)

Key Points

• Representative Virginia Foxx bought between $1,001 and $15,000 worth of shares in Hercules Capital, Inc. (NYSE:HTGC) on August 19th.
• Hercules Capital recently increased its quarterly dividend from $0.40 to $0.47, representing an annualized yield of 9.7%.
• The stock is currently rated as a "Moderate Buy" by analysts, with an average price target of $20.58.

Representative Virginia Foxx (R-North Carolina) recently bought shares of Hercules Capital, Inc. NYSE: HTGC. In a filing disclosed on September 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Hercules Capital stock on August 19th.

Representative Virginia Foxx also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Alliance Resource Partners NASDAQ: ARLP on 8/14/2025.
• Purchased $1,001 - $15,000 in shares of Ellington Financial NYSE: EFC on 6/30/2025.
• Sold $15,001 - $50,000 in shares of Energy Transfer NYSE: ET on 6/24/2025.
• Sold $1,001 - $15,000 in shares of Bristol Myers Squibb NYSE: BMY on 6/24/2025.

Hercules Capital Price Performance

Shares of NYSE:HTGC opened at $19.34 on Thursday. The stock has a market cap of $3.51 billion, a PE ratio of 12.80 and a beta of 0.95. Hercules Capital, Inc. has a 52 week low of $15.65 and a 52 week high of $22.04. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.96. The company's fifty day moving average is $19.19 and its 200 day moving average is $18.52.

Hercules Capital (NYSE:HTGC - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.47 by $0.03. The business had revenue of $137.46 million for the quarter, compared to analyst estimates of $129.47 million. Hercules Capital had a net margin of 51.46% and a return on equity of 16.54%. The company's revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.51 EPS. Research analysts anticipate that Hercules Capital, Inc. will post 1.96 earnings per share for the current year.

Hercules Capital Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 19th. Investors of record on Tuesday, August 12th were given a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 9.7%. The ex-dividend date was Tuesday, August 12th. This is a boost from Hercules Capital's previous quarterly dividend of $0.40. Hercules Capital's dividend payout ratio is 105.96%.

Institutional Investors Weigh In On Hercules Capital

Hedge funds have recently bought and sold shares of the business. Bessemer Group Inc. purchased a new stake in shares of Hercules Capital in the first quarter valued at $38,000. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of Hercules Capital by 12.9% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 499,699 shares of the financial services provider's stock valued at $9,599,000 after acquiring an additional 56,932 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in shares of Hercules Capital by 2.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 32,832 shares of the financial services provider's stock valued at $631,000 after acquiring an additional 628 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Hercules Capital by 26.5% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 22,405 shares of the financial services provider's stock valued at $432,000 after acquiring an additional 4,688 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in shares of Hercules Capital by 9.7% in the fourth quarter. Ameriprise Financial Inc. now owns 325,912 shares of the financial services provider's stock valued at $6,548,000 after acquiring an additional 28,812 shares during the period. Hedge funds and other institutional investors own 19.69% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on HTGC. UBS Group raised their price target on shares of Hercules Capital from $18.50 to $19.00 and gave the stock a "neutral" rating in a report on Wednesday, July 16th. Citigroup reissued an "outperform" rating on shares of Hercules Capital in a report on Monday, August 4th. Piper Sandler raised their price target on shares of Hercules Capital from $20.00 to $21.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Finally, JMP Securities lifted their target price on shares of Hercules Capital from $22.00 to $24.00 and gave the company a "market outperform" rating in a research note on Monday, August 4th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $20.58.

About Representative Foxx

Virginia Foxx (Republican Party) is a member of the U.S. House, representing North Carolina's 5th Congressional District. She assumed office on January 3, 2005. Her current term ends on January 3, 2027. Foxx (Republican Party) ran for re-election to the U.S. House to represent North Carolina's 5th Congressional District. She won in the general election on November 5, 2024. Foxx was born in New York, New York. She earned a B.A. and M.A.C.T. from the University of North Carolina, Chapel Hill, in 1968 and 1972, respectively, and an Ed.D. from the University of North Carolina, Greensboro, in 1985. Foxx worked as an instructor at Caldwell Community College in Hudson, NC, and an instructor and assistant dean at Appalachian State University in Boone, NC. She owned a landscape nursery and served as Deputy Secretary for Management at the North Carolina Department of Administration.

Hercules Capital Company Profile

Hercules Capital, Inc is a business development company. The firm specializing in providing venture debt, debt, senior secured loans, and growth capital to privately held venture capital-backed companies at all stages of development from startups to expansion stage including select publicly listed companies and select special opportunity lower middle market companies that require additional capital to fund acquisitions, recapitalizations and refinancing and established-stage companies.

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