Goelzer Investment Management Inc. Has $17.11 Million Stock Position in NVIDIA Corporation $NVDA

Goelzer Investment Management Inc. lowered its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 0.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 108,308 shares of the computer hardware maker’s stock after selling 387 shares during the period. NVIDIA makes up about 0.9% of Goelzer Investment Management Inc.’s holdings, making the stock its 15th biggest position. Goelzer Investment Management Inc.’s holdings in NVIDIA were worth $17,112,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in NVDA. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in NVIDIA by 2.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker’s stock valued at $22,412,434,000 after acquiring an additional 5,896,735 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in NVIDIA by 11.4% in 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 in the last quarter. Goldman Sachs Group Inc. raised its stake in NVIDIA by 123.5% in the first 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. Nuveen LLC purchased a new stake in NVIDIA in the first quarter valued at approximately $15,089,414,000. Finally, Amundi boosted its stake in NVIDIA by 16.0% in the first quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock worth $13,826,199,000 after buying an additional 18,733,431 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $158.35, for a total transaction of $11,876,250.00. Following the sale, the chief executive officer owned 75,023,225 shares in the company, valued at $11,879,927,678.75. This represents a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Ajay K. Puri sold 168,195 shares of the stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the sale, the executive vice president owned 4,018,547 shares in the company, valued at approximately $613,391,014.08. The trade was a 4.02% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,109,874 shares of company stock valued at $698,280,697 over the last ninety days. Company insiders own 4.17% of the company’s stock.

NVIDIA Stock Up 3.9%

NVDA stock opened at $183.61 on Tuesday. The business’s 50 day moving average price is $176.12 and its two-hundred day moving average price is $144.35. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.55. The company has a market capitalization of $4.46 trillion, a price-to-earnings ratio of 52.31, a price-to-earnings-growth ratio of 1.28 and a beta of 2.10. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21.

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

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be issued a dividend of $0.01 per share. 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 (DPR) is presently 1.14%.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $215.00 price target on shares of NVIDIA in a research note on Friday. Wolfe Research lifted their price target on NVIDIA from $220.00 to $230.00 and gave the stock an “outperform” rating in a research note on Thursday, August 28th. Robert W. Baird lifted their price target on NVIDIA from $195.00 to $225.00 and gave the stock an “outperform” rating in a research note on Monday, August 25th. Bank of America lifted their price target on NVIDIA from $220.00 to $235.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Finally, Raymond James Financial lifted their price target on NVIDIA from $150.00 to $165.00 and gave the stock a “strong-buy” rating in a research note on Thursday, May 29th. Four analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $208.47.

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.