Charles Schwab Investment Management Inc. Acquires New Stake in Nova Ltd. $NVMI

Charles Schwab Investment Management Inc. acquired a new stake in Nova Ltd. (NASDAQ:NVMI) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,764 shares of the semiconductor company’s stock, valued at approximately $878,000.

A number of other institutional investors have also bought and sold shares of NVMI. Ameriprise Financial Inc. raised its holdings in shares of Nova by 3.7% in the 4th quarter. Ameriprise Financial Inc. now owns 1,926 shares of the semiconductor company’s stock worth $379,000 after purchasing an additional 68 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of Nova by 7.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,269 shares of the semiconductor company’s stock worth $234,000 after purchasing an additional 87 shares during the period. ASR Vermogensbeheer N.V. bought a new stake in shares of Nova in the 1st quarter worth approximately $26,000. Mackenzie Financial Corp raised its holdings in shares of Nova by 1.9% in the 1st quarter. Mackenzie Financial Corp now owns 7,802 shares of the semiconductor company’s stock worth $1,428,000 after purchasing an additional 144 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of Nova by 17.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,531 shares of the semiconductor company’s stock worth $282,000 after purchasing an additional 232 shares during the period. Institutional investors own 82.99% of the company’s stock.

Nova Stock Performance

Nova stock opened at $237.16 on Wednesday. The stock has a market cap of $6.97 billion, a P/E ratio of 32.27, a PEG ratio of 2.19 and a beta of 1.72. Nova Ltd. has a fifty-two week low of $153.99 and a fifty-two week high of $291.99. The firm’s fifty day moving average price is $268.60 and its 200-day moving average price is $228.41.

Nova (NASDAQ:NVMI) last released its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.05 by $0.15. The firm had revenue of $219.99 million for the quarter, compared to analysts’ expectations of $214.95 million. Nova had a net margin of 29.10% and a return on equity of 24.36%. The business’s quarterly revenue was up 40.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.61 earnings per share. Nova has set its Q3 2025 guidance at 2.020-2.220 EPS. Sell-side analysts predict that Nova Ltd. will post 7.52 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on NVMI shares. Benchmark lowered their price target on shares of Nova from $295.00 to $280.00 and set a “buy” rating on the stock in a report on Friday, May 9th. Wall Street Zen cut shares of Nova from a “buy” rating to a “hold” rating in a report on Friday, May 30th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $300.00 price target (up previously from $250.00) on shares of Nova in a report on Tuesday, June 24th. Citigroup lowered their price target on shares of Nova from $290.00 to $280.00 and set a “buy” rating on the stock in a report on Friday, May 9th. Finally, Bank of America lifted their price target on shares of Nova from $250.00 to $270.00 and gave the stock a “buy” rating in a report on Tuesday, June 24th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $282.50.

About Nova

Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging.