TruWealth Advisors LLC Increases Stock Position in NVIDIA Corporation $NVDA

TruWealth Advisors LLC raised its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 12.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 43,736 shares of the computer hardware maker’s stock after acquiring an additional 4,846 shares during the quarter. TruWealth Advisors LLC’s holdings in NVIDIA were worth $6,910,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Nuveen LLC acquired a new stake in shares of NVIDIA during the first quarter worth approximately $15,089,414,000. Goldman Sachs Group Inc. boosted its stake in shares of NVIDIA by 123.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock valued at $20,374,921,000 after purchasing an additional 103,889,872 shares in the last quarter. GAMMA Investing LLC lifted its position in NVIDIA by 12,173.2% during the 1st quarter. GAMMA Investing LLC now owns 48,837,781 shares of the computer hardware maker’s stock worth $5,293,039,000 after buying an additional 48,439,859 shares in the last quarter. Northern Trust Corp raised its holdings in NVIDIA by 15.8% during the 4th quarter. Northern Trust Corp now owns 266,454,194 shares of the computer hardware maker’s stock worth $35,782,134,000 after purchasing an additional 36,266,817 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in shares of NVIDIA by 204.6% in the 1st quarter. Assenagon Asset Management S.A. now owns 35,652,571 shares of the computer hardware maker’s stock valued at $3,864,026,000 after acquiring an additional 23,948,733 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on NVDA. TD Cowen increased their price objective on NVIDIA from $140.00 to $235.00 and gave the company a “buy” rating in a report on Tuesday, August 19th. Wolfe Research lifted their price objective on NVIDIA from $220.00 to $230.00 and gave the stock an “outperform” rating in a research note on Thursday, August 28th. UBS Group boosted their price objective on NVIDIA from $175.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, August 21st. The Goldman Sachs Group reissued a “buy” rating and issued a $200.00 price objective on shares of NVIDIA in a research report on Wednesday, August 27th. Finally, JPMorgan Chase & Co. restated an “overweight” rating and issued a $215.00 target price on shares of NVIDIA in a research note on Thursday, September 4th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $208.47.

NVIDIA Price Performance

Shares of NVDA opened at $170.29 on Thursday. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The stock has a market cap of $4.14 trillion, a PE ratio of 48.52, a price-to-earnings-growth ratio of 1.26 and a beta of 2.10. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $184.48. The firm has a fifty day moving average price of $175.25 and a 200 day moving average price of $142.59.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company’s quarterly revenue was up 55.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, sell-side analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

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

Insider Activity at NVIDIA

In related news, Director Stephen C. Neal sold 28,000 shares of the stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $177.58, for a total transaction of $4,972,240.00. Following the completion of the sale, the director directly owned 143,410 shares of the company’s stock, valued at $25,466,747.80. This represents a 16.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dawn E. Hudson sold 18,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $172.00, for a total transaction of $3,096,000.00. Following the sale, the director owned 368,887 shares in the company, valued at $63,448,564. This represents a 4.65% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 3,975,304 shares of company stock valued at $665,001,763. 4.17% of the stock is currently owned by 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.