Welch Group LLC Increases Stake in NVIDIA Corporation $NVDA

Welch Group LLC grew its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 2.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 184,091 shares of the computer hardware maker’s stock after purchasing an additional 4,697 shares during the period. Welch Group LLC’s holdings in NVIDIA were worth $29,085,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Kingstone Capital Partners Texas LLC increased its stake in shares of NVIDIA by 267,959.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock worth $64,976,521,000 after buying an additional 382,231,120 shares during the period. Nuveen LLC purchased a new stake in shares of NVIDIA in the 1st quarter worth about $15,089,414,000. Goldman Sachs Group Inc. boosted its position 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 worth $20,374,921,000 after buying an additional 103,889,872 shares in the last quarter. Amundi raised its stake in NVIDIA by 16.0% in the 1st quarter. Amundi now owns 135,770,043 shares of the computer hardware maker’s stock valued at $13,826,199,000 after purchasing an additional 18,733,431 shares during the last quarter. Finally, Strs Ohio acquired a new position in shares of NVIDIA during the 1st quarter valued at about $1,163,288,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Stock Down 4.0%

Shares of NVIDIA stock opened at $198.69 on Wednesday. The stock has a 50-day simple moving average of $182.72 and a 200-day simple moving average of $161.48. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $212.19. The firm has a market cap of $4.83 trillion, a price-to-earnings ratio of 56.61, a P/E/G ratio of 1.49 and a beta of 2.12.

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

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend was Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is presently 1.14%.

Insider Activity at NVIDIA

In related news, Director Harvey C. Jones sold 250,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value of $44,052,500.00. Following the transaction, the director directly owned 7,183,280 shares of the company’s stock, valued at approximately $1,265,765,768.80. This trade represents a 3.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $169.65, for a total value of $12,723,750.00. Following the completion of the transaction, the chief executive officer directly owned 72,698,366 shares in the company, valued at $12,333,277,791.90. The trade was a 0.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 3,503,937 shares of company stock valued at $627,687,846. Corporate insiders own 4.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Piper Sandler set a $225.00 price target on NVIDIA and gave the stock an “overweight” rating in a report on Wednesday, August 13th. UBS Group set a $235.00 price target on NVIDIA and gave the company a “buy” rating in a report on Wednesday, October 29th. HSBC set a $320.00 target price on NVIDIA and gave the stock a “buy” rating in a report on Wednesday, October 15th. Mizuho set a $235.00 price target on NVIDIA in a research report on Wednesday, October 29th. Finally, Wells Fargo & Company raised their price objective on NVIDIA from $185.00 to $220.00 and gave the stock an “overweight” rating in a research report on Monday, August 11th. Five investment analysts have rated the stock with a Strong Buy rating, forty-one have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $233.75.

NVIDIA Company 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.