Fiduciary Wealth Partners LLC Grows Stock Position in NVIDIA Corporation $NVDA

Fiduciary Wealth Partners LLC raised its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 55.7% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 9,923 shares of the computer hardware maker’s stock after acquiring an additional 3,550 shares during the period. NVIDIA makes up approximately 1.5% of Fiduciary Wealth Partners LLC’s portfolio, making the stock its 12th biggest position. Fiduciary Wealth Partners LLC’s holdings in NVIDIA were worth $1,568,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Astoria Portfolio Advisors LLC. grew its position in NVIDIA by 0.9% during the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock valued at $9,610,000 after acquiring an additional 864 shares during the period. Fielder Capital Group LLC grew its holdings in shares of NVIDIA by 9.7% during the 1st quarter. Fielder Capital Group LLC now owns 50,469 shares of the computer hardware maker’s stock worth $5,470,000 after purchasing an additional 4,444 shares during the period. MADDEN SECURITIES Corp raised its holdings in NVIDIA by 3.2% in the second quarter. MADDEN SECURITIES Corp now owns 81,322 shares of the computer hardware maker’s stock valued at $12,848,000 after buying an additional 2,484 shares during the period. ORG Wealth Partners LLC raised its holdings in NVIDIA by 7.7% in the second quarter. ORG Wealth Partners LLC now owns 49,301 shares of the computer hardware maker’s stock valued at $7,560,000 after buying an additional 3,542 shares during the period. Finally, Sentinel Pension Advisors LLC grew its stake in NVIDIA by 4.1% during the second quarter. Sentinel Pension Advisors LLC now owns 2,743 shares of the computer hardware maker’s stock worth $433,000 after buying an additional 107 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Harvey C. Jones sold 250,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value of $44,052,500.00. Following the sale, the director directly owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This trade represents a 3.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the sale, the director owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. This represents a 4.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 3,251,577 shares of company stock valued at $583,143,187. 4.17% of the stock is currently owned by company insiders.

NVIDIA Stock Down 1.0%

NVDA stock opened at $178.88 on Friday. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The firm has a 50 day simple moving average of $186.46 and a 200-day simple moving average of $168.03. The company has a market capitalization of $4.35 trillion, a P/E ratio of 50.96, a PEG ratio of 1.49 and a beta of 2.11. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $212.19.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.07. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $57.01 billion during the quarter, compared to the consensus estimate of $54.66 billion. During the same period last year, the firm earned $0.81 earnings per share. The company’s revenue for the quarter was up 62.5% compared to the same quarter last year. NVIDIA has set its Q4 2026 guidance at EPS. On average, equities research analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Thursday, December 4th will be paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date is Thursday, December 4th. NVIDIA’s dividend payout ratio (DPR) is presently 0.99%.

Analyst Ratings Changes

NVDA has been the topic of a number of research reports. Stifel Nicolaus raised their target price on shares of NVIDIA from $212.00 to $250.00 and gave the company a “buy” rating in a research note on Tuesday. UBS Group restated a “buy” rating and set a $235.00 price objective on shares of NVIDIA in a research note on Thursday. DA Davidson reiterated a “buy” rating and issued a $250.00 target price on shares of NVIDIA in a research note on Thursday. New Street Research reiterated a “buy” rating and set a $307.00 target price on shares of NVIDIA in a report on Thursday, October 30th. Finally, Seaport Global Securities upped their price target on NVIDIA from $100.00 to $140.00 and gave the stock a “sell” rating in a report on Monday, November 17th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $257.79.

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.