Aberdeen Group plc Has $2.44 Million Stake in Nova Ltd. $NVMI

Aberdeen Group plc cut its holdings in shares of Nova Ltd. (NASDAQ:NVMI) by 90.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,628 shares of the semiconductor company’s stock after selling 73,647 shares during the quarter. Aberdeen Group plc’s holdings in Nova were worth $2,438,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. SBI Securities Co. Ltd. raised its position in shares of Nova by 51.9% in the second quarter. SBI Securities Co. Ltd. now owns 164 shares of the semiconductor company’s stock valued at $45,000 after purchasing an additional 56 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of Nova by 62.5% in the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the semiconductor company’s stock valued at $72,000 after acquiring an additional 100 shares in the last quarter. Advisors Asset Management Inc. increased its holdings in shares of Nova by 51.6% during the first quarter. Advisors Asset Management Inc. now owns 376 shares of the semiconductor company’s stock worth $69,000 after purchasing an additional 128 shares during the period. Rexford Capital Inc. bought a new position in Nova during the 2nd quarter worth $138,000. Finally, Ballentine Partners LLC acquired a new position in Nova in the third quarter valued at about $209,000. Institutional investors and hedge funds own 82.99% of the company’s stock.

Wall Street Analysts Forecast Growth

NVMI has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nova in a report on Monday, December 22nd. Morgan Stanley reiterated an “outperform” rating and issued a $453.00 price target on shares of Nova in a research note on Friday, February 13th. Evercore reaffirmed an “outperform” rating and set a $485.00 price target on shares of Nova in a report on Friday, February 13th. Benchmark increased their price objective on shares of Nova from $280.00 to $345.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $520.00 price target on shares of Nova in a report on Thursday, February 12th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $439.00.

Nova Stock Down 0.3%

Shares of NASDAQ:NVMI opened at $441.24 on Friday. Nova Ltd. has a 1 year low of $153.99 and a 1 year high of $507.27. The company has a debt-to-equity ratio of 0.56, a current ratio of 6.28 and a quick ratio of 5.47. The business’s 50-day moving average is $406.47 and its 200-day moving average is $338.19. The company has a market capitalization of $14.02 billion, a price-to-earnings ratio of 55.09, a P/E/G ratio of 3.23 and a beta of 1.84.

Nova (NASDAQ:NVMI) last released its earnings results on Thursday, February 12th. The semiconductor company reported $2.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.13 by $0.01. The company had revenue of $222.62 million for the quarter, compared to the consensus estimate of $220.43 million. Nova had a net margin of 29.44% and a return on equity of 22.90%. Nova’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.94 EPS. Nova has set its Q1 2026 guidance at 2.130-2.250 EPS. Equities research analysts predict that Nova Ltd. will post 7.52 earnings per share for the current year.

About Nova

Nova Measuring Instruments Ltd (NASDAQ: NVMI) develops and supplies advanced metrology and process control systems for the semiconductor manufacturing industry. The company’s core product line includes spectroscopic ellipsometry and scatterometry tools designed to measure film thickness, critical dimensions, overlay alignment and other key parameters that drive yield and performance in integrated circuit fabrication.

Founded in 1993 and headquartered in Rehovot, Israel, Nova Measuring Instruments has established itself as a critical partner to leading semiconductor foundries and device manufacturers.