Nova Ltd. $NVMI Stock Holdings Lifted by Congress Asset Management Co.

Congress Asset Management Co. lifted its holdings in shares of Nova Ltd. (NASDAQ:NVMI) by 1.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 291,275 shares of the semiconductor company’s stock after buying an additional 5,199 shares during the period. Congress Asset Management Co. owned 0.99% of Nova worth $95,652,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Invesco Ltd. lifted its holdings in shares of Nova by 185.4% in the 3rd quarter. Invesco Ltd. now owns 607,344 shares of the semiconductor company’s stock worth $194,144,000 after purchasing an additional 394,544 shares during the last quarter. Groupama Asset Managment acquired a new stake in Nova in the third quarter worth $79,915,000. Rafferty Asset Management LLC acquired a new position in shares of Nova during the third quarter valued at $79,398,000. Barclays PLC grew its position in shares of Nova by 2,672.2% during the third quarter. Barclays PLC now owns 175,843 shares of the semiconductor company’s stock worth $56,210,000 after acquiring an additional 169,500 shares during the last quarter. Finally, Lazard Asset Management LLC increased its holdings in shares of Nova by 69.2% in the 2nd quarter. Lazard Asset Management LLC now owns 359,221 shares of the semiconductor company’s stock worth $98,857,000 after acquiring an additional 146,932 shares during the period. 82.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

NVMI has been the subject of several research analyst reports. Zacks Research raised shares of Nova from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Evercore reiterated an “outperform” rating and set a $485.00 price objective on shares of Nova in a research note on Friday, February 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Nova in a research note on Monday, December 22nd. Barclays started coverage on shares of Nova in a report on Wednesday, March 11th. They set an “overweight” rating and a $465.00 target price for the company. Finally, Jefferies Financial Group restated a “buy” rating and issued a $520.00 price target on shares of Nova in a research report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $442.25.

Nova Trading Up 1.2%

Shares of NVMI opened at $470.87 on Tuesday. The business’s 50-day moving average price is $447.44 and its 200 day moving average price is $365.91. The company has a current ratio of 6.28, a quick ratio of 5.47 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $14.96 billion, a P/E ratio of 58.79, a P/E/G ratio of 3.40 and a beta of 1.83. Nova Ltd. has a 1-year low of $153.99 and a 1-year high of $507.27.

Nova (NASDAQ:NVMI) last posted its quarterly earnings data 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 company had revenue of $222.62 million during the quarter, compared to analyst estimates 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 period in the prior year, the firm earned $1.94 earnings per share. Nova has set its Q1 2026 guidance at 2.130-2.250 EPS. Analysts expect that Nova Ltd. will post 7.52 earnings per share for the current 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.