Albion Financial Group UT Has $48.27 Million Stock Holdings in NVIDIA Corporation $NVDA

Albion Financial Group UT increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 0.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 305,519 shares of the computer hardware maker’s stock after buying an additional 1,185 shares during the period. NVIDIA accounts for approximately 3.2% of Albion Financial Group UT’s holdings, making the stock its 6th biggest position. Albion Financial Group UT’s holdings in NVIDIA were worth $48,269,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of NVDA. Kathleen S. Wright Associates Inc. boosted its holdings in NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after purchasing an additional 254 shares during the period. Barnes Dennig Private Wealth Management LLC bought a new stake in NVIDIA in the 1st quarter valued at $51,000. Bruce G. Allen Investments LLC boosted its holdings in NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock valued at $53,000 after purchasing an additional 327 shares during the period. Legend Financial Advisors Inc. bought a new stake in NVIDIA in the 2nd quarter valued at $55,000. Finally, Campbell Capital Management Inc. boosted its holdings in NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after purchasing an additional 590 shares during the period. 65.27% of the stock is owned by institutional investors.

NVIDIA Trading Down 4.9%

Shares of NVDA stock opened at $183.16 on Monday. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $195.62. The company has a market capitalization of $4.45 trillion, a P/E ratio of 52.18, a P/E/G ratio of 1.32 and a beta of 2.12. The firm has a 50-day moving average price of $179.16 and a 200 day moving average price of $151.02. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08.

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

NVIDIA Dividend Announcement

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

Analysts Set New Price Targets

A number of analysts have weighed in on NVDA shares. Wells Fargo & Company increased their price target on shares of NVIDIA from $185.00 to $220.00 and gave the company an “overweight” rating in a report on Monday, August 11th. Barclays restated an “overweight” rating and issued a $240.00 price objective (up previously from $200.00) on shares of NVIDIA in a research note on Monday, September 22nd. Loop Capital increased their price objective on shares of NVIDIA from $175.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, June 25th. KeyCorp restated an “overweight” rating and issued a $250.00 price objective (up previously from $230.00) on shares of NVIDIA in a research note on Tuesday, September 30th. Finally, The Goldman Sachs Group set a $210.00 price objective on shares of NVIDIA and gave the company a “buy” rating in a research note on Monday, October 6th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $212.84.

Insider Activity

In other NVIDIA news, CFO Colette Kress sold 30,500 shares of the firm’s stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $176.40, for a total value of $5,380,200.00. Following the completion of the sale, the chief financial officer owned 2,883,402 shares in the company, valued at approximately $508,632,112.80. This trade represents a 1.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $190.20, for a total transaction of $14,265,000.00. Following the completion of the sale, the chief executive officer owned 70,558,203 shares of the company’s stock, valued at $13,420,170,210.60. The trade was a 0.11% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,801,587 shares of company stock valued at $673,950,484 in the last 90 days. Corporate insiders own 4.17% of the company’s stock.

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.