NVIDIA Corporation $NVDA Shares Purchased by Federated Hermes Inc.

Federated Hermes Inc. raised its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 7.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,071,155 shares of the computer hardware maker’s stock after purchasing an additional 511,429 shares during the period. NVIDIA accounts for approximately 1.7% of Federated Hermes Inc.’s holdings, making the stock its 2nd biggest position. Federated Hermes Inc.’s holdings in NVIDIA were worth $766,372,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Renaissance Investment Group LLC boosted its stake in NVIDIA by 11.8% during the 1st quarter. Renaissance Investment Group LLC now owns 96,000 shares of the computer hardware maker’s stock valued at $10,404,000 after purchasing an additional 10,147 shares during the period. N.E.W. Advisory Services LLC boosted its stake in NVIDIA by 23.7% during the 1st quarter. N.E.W. Advisory Services LLC now owns 33,187 shares of the computer hardware maker’s stock valued at $3,597,000 after purchasing an additional 6,351 shares during the period. Canopy Partners LLC boosted its stake in NVIDIA by 2.2% during the 1st quarter. Canopy Partners LLC now owns 50,882 shares of the computer hardware maker’s stock valued at $5,515,000 after purchasing an additional 1,090 shares during the period. Morningstar Investment Management LLC boosted its stake in NVIDIA by 65.2% during the 1st quarter. Morningstar Investment Management LLC now owns 262,501 shares of the computer hardware maker’s stock valued at $28,450,000 after purchasing an additional 103,597 shares during the period. Finally, TCTC Holdings LLC boosted its stake in NVIDIA by 36.0% during the 1st quarter. TCTC Holdings LLC now owns 1,338 shares of the computer hardware maker’s stock valued at $145,000 after purchasing an additional 354 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on NVDA shares. Needham & Company LLC reissued a “buy” rating and set a $200.00 target price on shares of NVIDIA in a research note on Thursday. Morgan Stanley upped their price target on shares of NVIDIA from $206.00 to $210.00 and gave the stock an “overweight” rating in a research note on Thursday. Rosenblatt Securities upped their price target on shares of NVIDIA from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday. Jefferies Financial Group upped their price target on shares of NVIDIA from $200.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Bank of America upped their price target on shares of NVIDIA from $220.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $207.69.

NVIDIA Stock Down 0.8%

NVDA stock opened at $180.17 on Friday. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.48. The company’s 50 day simple moving average is $170.22 and its 200-day simple moving average is $138.74. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96. The firm has a market capitalization of $4.40 trillion, a P/E ratio of 51.33, a P/E/G ratio of 1.59 and a beta of 2.14.

NVIDIA (NASDAQ:NVDA) last released 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. NVIDIA had a net margin of 52.41% and a return on equity of 109.66%. 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 previous year, the business earned $0.68 earnings per share. The firm’s revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be paid a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA’s dividend payout ratio is currently 1.29%.

Insider Activity at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $152.54, for a total value of $11,440,500.00. Following the transaction, the chief executive officer owned 75,548,225 shares in the company, valued at approximately $11,524,126,241.50. This represents a 0.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mark A. Stevens sold 935,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $140.92, for a total transaction of $131,760,200.00. Following the completion of the transaction, the director owned 9,214,697 shares in the company, valued at approximately $1,298,535,101.24. This represents a 9.21% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 5,862,440 shares of company stock worth $896,145,782 in the last 90 days. 4.17% of the stock is owned by corporate 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.