HighTower Advisors LLC Boosts Stock Holdings in Nova Ltd. $NVMI

HighTower Advisors LLC lifted its holdings in shares of Nova Ltd. (NASDAQ:NVMI) by 92.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,933 shares of the semiconductor company’s stock after buying an additional 10,992 shares during the quarter. HighTower Advisors LLC owned about 0.08% of Nova worth $7,331,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Assetmark Inc. raised its holdings in Nova by 5.4% during the 3rd quarter. Assetmark Inc. now owns 40,134 shares of the semiconductor company’s stock valued at $12,829,000 after acquiring an additional 2,065 shares during the period. Public Sector Pension Investment Board purchased a new position in shares of Nova in the third quarter valued at $5,216,000. J.W. Cole Advisors Inc. bought a new stake in shares of Nova during the 3rd quarter valued at $385,000. Envestnet Asset Management Inc. lifted its holdings in Nova by 6.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 8,491 shares of the semiconductor company’s stock worth $2,714,000 after purchasing an additional 491 shares in the last quarter. Finally, Penserra Capital Management LLC purchased a new stake in Nova during the 3rd quarter worth about $511,000. 82.99% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on NVMI. Bank of America lifted their target price on Nova from $380.00 to $450.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Citigroup boosted their price objective on shares of Nova from $370.00 to $520.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Jefferies Financial Group reiterated a “buy” rating and issued a $520.00 target price on shares of Nova in a research note on Thursday, February 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Nova in a report on Monday, December 22nd. Finally, Evercore reaffirmed an “outperform” rating and issued a $485.00 price target on shares of Nova in a report on Friday, February 13th. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $439.00.

Nova Price Performance

NVMI stock opened at $441.24 on Monday. The firm has a 50 day simple moving average of $406.47 and a two-hundred day simple moving average of $338.75. The stock has a market cap of $14.02 billion, a PE ratio of 55.09, a P/E/G ratio of 3.23 and a beta of 1.84. Nova Ltd. has a one year low of $153.99 and a one 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.

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

Nova Company Profile

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.