Nova Ltd. $NVMI Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. increased its holdings in Nova Ltd. (NASDAQ:NVMI) by 0.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,113,762 shares of the semiconductor company’s stock after buying an additional 10,441 shares during the period. Vanguard Group Inc. owned about 3.79% of Nova worth $354,172,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Royal Bank of Canada lifted its stake in Nova by 660.4% in the first quarter. Royal Bank of Canada now owns 10,668 shares of the semiconductor company’s stock valued at $1,966,000 after buying an additional 9,265 shares during the last quarter. Advisors Asset Management Inc. increased its holdings in shares of Nova by 51.6% in the 1st quarter. Advisors Asset Management Inc. now owns 376 shares of the semiconductor company’s stock worth $69,000 after acquiring an additional 128 shares during the period. State of New Jersey Common Pension Fund D increased its holdings in shares of Nova by 11.5% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 6,738 shares of the semiconductor company’s stock worth $1,854,000 after acquiring an additional 694 shares during the period. Envestnet Asset Management Inc. lifted its position in Nova by 2.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 8,000 shares of the semiconductor company’s stock valued at $2,202,000 after purchasing an additional 175 shares during the last quarter. Finally, Jennison Associates LLC acquired a new position in Nova during the 2nd quarter valued at about $1,560,000. 82.99% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

NVMI has been the topic of several analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Nova in a research note on Monday, December 22nd. Morgan Stanley reiterated an “outperform” rating and set a $453.00 price target on shares of Nova in a research report on Friday, February 13th. Citigroup increased their price target on Nova from $370.00 to $520.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Benchmark lifted their price objective on shares of Nova from $280.00 to $345.00 and gave the company a “buy” rating in a research note on Friday, November 7th. Finally, Bank of America upped their price objective on shares of Nova from $380.00 to $450.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nova has an average rating of “Buy” and an average target price of $439.00.

Nova Trading Down 3.3%

Nova stock opened at $441.77 on Friday. The firm has a market cap of $14.04 billion, a price-to-earnings ratio of 55.15, a price-to-earnings-growth ratio of 3.34 and a beta of 1.84. Nova Ltd. has a 1 year low of $153.99 and a 1 year high of $507.27. The firm’s 50 day moving average price is $417.27 and its two-hundred day moving average price is $342.82. The company has a debt-to-equity ratio of 0.56, a quick ratio of 5.47 and a current ratio of 6.28.

Nova (NASDAQ:NVMI) last announced 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 the consensus estimate of $220.43 million. Nova had a return on equity of 22.90% and a net margin of 29.44%.The company’s quarterly revenue was up 14.3% compared to the same quarter last year. 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. On average, research 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.