Henrickson Nauta Wealth Advisors Inc. Raises Stake in NVIDIA Corporation $NVDA

Henrickson Nauta Wealth Advisors Inc. grew its position in NVIDIA Corporation (NASDAQ:NVDA) by 17.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,610 shares of the computer hardware maker’s stock after purchasing an additional 675 shares during the quarter. Henrickson Nauta Wealth Advisors Inc.’s holdings in NVIDIA were worth $728,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Burkett Financial Services LLC increased its stake in NVIDIA by 1.3% in the 2nd quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker’s stock worth $861,000 after buying an additional 70 shares in the last quarter. Elevate Wealth Advisory Inc. boosted its stake in shares of NVIDIA by 1.7% in the first quarter. Elevate Wealth Advisory Inc. now owns 4,617 shares of the computer hardware maker’s stock worth $500,000 after acquiring an additional 77 shares during the period. Ehrlich Financial Group boosted its stake in shares of NVIDIA by 2.4% in the second quarter. Ehrlich Financial Group now owns 3,354 shares of the computer hardware maker’s stock worth $530,000 after acquiring an additional 80 shares during the period. Earnest Partners LLC grew its position in shares of NVIDIA by 0.7% during the first quarter. Earnest Partners LLC now owns 11,334 shares of the computer hardware maker’s stock worth $1,228,000 after purchasing an additional 81 shares in the last quarter. Finally, Retirement Wealth Solutions LLC raised its stake in NVIDIA by 2.0% during the 2nd quarter. Retirement Wealth Solutions LLC now owns 4,172 shares of the computer hardware maker’s stock valued at $659,000 after purchasing an additional 81 shares during the period. 65.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on NVDA shares. Wedbush restated an “outperform” rating and issued a $210.00 price target on shares of NVIDIA in a research note on Thursday, August 28th. BNP Paribas raised shares of NVIDIA to a “hold” rating in a report on Friday, August 1st. Robert W. Baird upped their target price on shares of NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a research report on Monday, August 25th. Wells Fargo & Company lifted their price target on shares of NVIDIA from $185.00 to $220.00 and gave the company an “overweight” rating in a report on Monday, August 11th. Finally, Craig Hallum boosted their price target on shares of NVIDIA from $195.00 to $245.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, NVIDIA has a consensus rating of “Moderate Buy” and a consensus price target of $208.47.

Insider Activity at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $176.42, for a total value of $13,231,500.00. Following the transaction, the chief executive officer owned 71,683,203 shares of the company’s stock, valued at $12,646,350,673.26. This represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Stephen C. Neal sold 28,000 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $177.58, for a total value of $4,972,240.00. Following the transaction, the director owned 143,410 shares in the company, valued at $25,466,747.80. The trade was a 16.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 4,020,022 shares of company stock valued at $677,418,500 in the last quarter. Corporate insiders own 4.17% of the company’s stock.

NVIDIA Price Performance

NVDA opened at $176.67 on Friday. The business has a fifty day moving average of $175.73 and a 200 day moving average of $143.62. The stock has a market cap of $4.29 trillion, a P/E ratio of 50.33, a PEG ratio of 1.28 and a beta of 2.10. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $184.48.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 101.74% and a net margin of 52.41%.The business’s revenue was up 55.6% compared to the same quarter last year. During the same quarter last year, the firm posted $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 business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA’s payout ratio is 1.14%.

About NVIDIA

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.