Nova Ltd. $NVMI Shares Acquired by Bamco Inc. NY

Bamco Inc. NY increased its stake in Nova Ltd. (NASDAQ:NVMI) by 1.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 109,692 shares of the semiconductor company’s stock after purchasing an additional 1,987 shares during the quarter. Bamco Inc. NY owned 0.37% of Nova worth $35,064,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in NVMI. Royal Bank of Canada grew its position in Nova by 660.4% during the first quarter. Royal Bank of Canada now owns 10,668 shares of the semiconductor company’s stock worth $1,966,000 after buying an additional 9,265 shares during the period. Advisors Asset Management Inc. lifted its position in shares of Nova by 51.6% during the 1st quarter. Advisors Asset Management Inc. now owns 376 shares of the semiconductor company’s stock valued at $69,000 after acquiring an additional 128 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Nova by 2.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,000 shares of the semiconductor company’s stock valued at $2,202,000 after acquiring an additional 175 shares during the period. SBI Securities Co. Ltd. boosted its stake in shares of Nova by 51.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 164 shares of the semiconductor company’s stock worth $45,000 after acquiring an additional 56 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Nova by 20.1% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,524 shares of the semiconductor company’s stock worth $419,000 after acquiring an additional 255 shares during the period. Institutional investors and hedge funds own 82.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Zacks Research raised Nova from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. Bank of America boosted their target price on Nova from $380.00 to $450.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Citigroup upped their target price on Nova from $370.00 to $520.00 and gave the company a “buy” rating in a report on Friday, February 13th. Morgan Stanley restated an “outperform” rating and issued a $453.00 price target on shares of Nova in a research report on Friday, February 13th. Finally, Evercore reaffirmed an “outperform” rating and set a $485.00 price target on shares of Nova in a research note on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Nova currently has a consensus rating of “Buy” and a consensus target price of $442.25.

Nova Trading Up 2.0%

Shares of Nova stock opened at $428.60 on Monday. 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 has a 50 day moving average price of $438.99 and a 200 day moving average price of $357.33. The company has a market capitalization of $13.62 billion, a P/E ratio of 53.51, a P/E/G ratio of 3.13 and a beta of 1.83.

Nova (NASDAQ:NVMI) last announced its earnings results on Thursday, February 12th. The semiconductor company reported $2.14 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 22.90% and a net margin of 29.44%.Nova’s quarterly revenue was up 14.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.94 EPS. Nova has set its Q1 2026 guidance at 2.130-2.250 EPS. Sell-side analysts anticipate that Nova Ltd. will post 7.52 EPS for the current fiscal year.

Nova 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.