NVIDIA Corporation $NVDA Stake Lifted by Cary Street Partners Investment Advisory LLC

Cary Street Partners Investment Advisory LLC grew its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 15.9% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 38,686 shares of the computer hardware maker’s stock after purchasing an additional 5,300 shares during the period. NVIDIA makes up approximately 2.4% of Cary Street Partners Investment Advisory LLC’s holdings, making the stock its 3rd largest position. Cary Street Partners Investment Advisory LLC’s holdings in NVIDIA were worth $4,193,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. FMR LLC lifted its holdings in shares of NVIDIA by 0.7% during the fourth quarter. FMR LLC now owns 1,004,376,608 shares of the computer hardware maker’s stock valued at $134,877,735,000 after purchasing an additional 6,665,252 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of NVIDIA by 0.9% during the fourth 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 last quarter. Northern Trust Corp lifted its holdings in shares of NVIDIA by 15.8% during the fourth 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 last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of NVIDIA by 11.4% during the fourth 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 last quarter. Finally, Capital World Investors lifted its holdings in shares of NVIDIA by 6.5% during the fourth quarter. Capital World Investors now owns 140,921,614 shares of the computer hardware maker’s stock valued at $18,925,009,000 after purchasing an additional 8,555,411 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Trading Up 0.6%

NASDAQ:NVDA opened at $171.66 on Friday. 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 Corporation has a 12 month low of $86.62 and a 12 month high of $184.48. The company has a market cap of $4.17 trillion, a PE ratio of 48.91, a price-to-earnings-growth ratio of 1.24 and a beta of 2.10. The company has a 50 day simple moving average of $172.55 and a two-hundred day simple moving average of $140.01.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 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 business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter in the previous year, the firm posted $0.68 EPS. The firm’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA’s dividend payout ratio is 1.14%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Evercore ISI lifted their target price on shares of NVIDIA from $190.00 to $214.00 and gave the company an “outperform” rating in a report on Friday, August 22nd. Summit Insights raised NVIDIA from a “hold” rating to a “buy” rating in a research report on Thursday, May 29th. Arete Research raised NVIDIA to a “strong-buy” rating in a research report on Wednesday, May 21st. Raymond James Financial upped their price objective on NVIDIA from $150.00 to $165.00 and gave the company a “strong-buy” rating in a research report on Thursday, May 29th. Finally, Barclays upped their price objective on NVIDIA from $170.00 to $200.00 and gave the company an “overweight” rating in a research report on Tuesday, June 17th. Four analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $207.69.

Insider Buying and Selling at NVIDIA

In other news, Director Dawn E. Hudson sold 18,000 shares of the company’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $172.00, for a total value 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 position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $169.65, for a total value of $12,723,750.00. Following the completion of 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 sold a total of 4,872,755 shares of company stock valued at $764,283,330 over the last 90 days. 4.17% of the stock is currently owned by company insiders.

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.