Smead Capital Management Inc. Has $212.61 Million Holdings in NVR, Inc. $NVR

Smead Capital Management Inc. lessened its holdings in shares of NVR, Inc. (NYSE:NVR) by 7.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,462 shares of the construction company’s stock after selling 2,024 shares during the period. NVR comprises approximately 4.1% of Smead Capital Management Inc.’s investment portfolio, making the stock its 10th biggest position. Smead Capital Management Inc.’s holdings in NVR were worth $212,614,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of NVR. Norges Bank bought a new stake in shares of NVR during the 2nd quarter worth approximately $268,447,000. Robeco Institutional Asset Management B.V. increased its stake in NVR by 844.5% in the third quarter. Robeco Institutional Asset Management B.V. now owns 8,321 shares of the construction company’s stock worth $66,856,000 after purchasing an additional 7,440 shares during the period. Symphony Financial Ltd. Co. purchased a new stake in NVR in the second quarter worth $54,548,000. Rakuten Investment Management Inc. bought a new stake in shares of NVR during the third quarter worth $51,896,000. Finally, Boston Partners boosted its stake in shares of NVR by 9.9% during the second quarter. Boston Partners now owns 64,952 shares of the construction company’s stock valued at $479,900,000 after purchasing an additional 5,875 shares during the period. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

NVR Price Performance

NYSE NVR opened at $7,576.23 on Friday. The company has a market cap of $21.17 billion, a PE ratio of 17.33, a P/E/G ratio of 2.59 and a beta of 1.03. The firm’s 50 day moving average price is $7,576.82 and its 200-day moving average price is $7,703.95. The company has a debt-to-equity ratio of 0.24, a quick ratio of 3.71 and a current ratio of 6.21. NVR, Inc. has a 52-week low of $6,562.85 and a 52-week high of $8,618.28.

NVR (NYSE:NVR) last issued its quarterly earnings data on Wednesday, January 28th. The construction company reported $121.54 EPS for the quarter, topping analysts’ consensus estimates of $105.42 by $16.12. The company had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.41 billion. NVR had a net margin of 13.27% and a return on equity of 34.28%. NVR’s revenue for the quarter was down 5.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $139.93 earnings per share. Sell-side analysts forecast that NVR, Inc. will post 505.2 EPS for the current fiscal year.

NVR declared that its board has approved a stock repurchase program on Wednesday, February 11th that permits the company to buyback $750.00 million in shares. This buyback authorization permits the construction company to reacquire up to 3.3% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

Several research analysts recently commented on NVR shares. BTIG Research started coverage on shares of NVR in a research note on Monday, December 1st. They issued a “buy” rating and a $9,022.00 price target on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of NVR in a research note on Thursday, January 22nd. Wall Street Zen raised shares of NVR from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. UBS Group set a $8,100.00 price target on NVR in a report on Friday, February 13th. Finally, Zelman & Associates upgraded NVR from a “sell” rating to a “hold” rating and set a $7,675.00 price objective on the stock in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, NVR has a consensus rating of “Moderate Buy” and a consensus price target of $8,279.40.

NVR News Roundup

Here are the key news stories impacting NVR this week:

• Positive Sentiment: Zacks raised Q4 2027 EPS sharply to $129.52 from $106.70, signaling stronger expected late‑cycle profitability. MarketBeat
• Positive Sentiment: Zacks boosted Q4 2026 estimate to $114.37 from $97.00, and lifted Q3 2026 to $107.23 from $102.07 — upgrades that suggest improved margins or pricing later in 2026. MarketBeat
• Positive Sentiment: Zacks also raised its Q3 2027 outlook to $122.39 from $118.12 and nudged FY2026 up to $420.08 from $417.07 — modestly stronger multi‑quarter/annual expectations. MarketBeat
• Neutral Sentiment: Zacks published an FY2028 EPS projection of $529.93 (new forward-year modeling); useful for long‑range valuation but farther from near-term catalysts. MarketBeat
• Neutral Sentiment: Zacks continues to reference a consensus full‑year EPS figure near $505.20 — a reminder that analyst models still vary across years. MarketBeat
• Negative Sentiment: Zacks cut Q2 2027 to $116.93 from $128.64 — a notable downward revision for the coming seasonal quarter. MarketBeat
• Negative Sentiment: Q1 2027 was reduced to $98.08 from $119.13 and Q1 2026 to $90.79 from $105.87, indicating weaker near‑term demand or margin pressure in the quarters immediately ahead. MarketBeat
• Negative Sentiment: Zacks trimmed Q2 2026 to $107.69 from $112.13 and lowered FY2027 to $466.93 from $472.59 — cuts that help explain downward pressure on the stock today. MarketBeat

Insider Buying and Selling at NVR

In other NVR news, CAO Matthew B. Kelpy sold 500 shares of NVR stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $8,100.00, for a total value of $4,050,000.00. Following the transaction, the chief accounting officer owned 208 shares in the company, valued at $1,684,800. The trade was a 70.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Susan Williamson Ross sold 220 shares of the business’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $8,000.00, for a total transaction of $1,760,000.00. Following the completion of the transaction, the director owned 386 shares of the company’s stock, valued at $3,088,000. This represents a 36.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 1,120 shares of company stock valued at $9,012,736. Corporate insiders own 7.00% of the company’s stock.

NVR Profile

NVR, Inc is a U.S.-based homebuilding and mortgage banking company that designs, constructs and sells single-family detached homes, townhomes and condominiums. The company operates primarily through its homebuilding business and a mortgage banking subsidiary, providing financing and related closing services to its homebuyers. NVR’s homebuilding activities include land development, community planning, model home sales and construction management aimed at a range of buyer demographics.

Its homes are marketed under recognizable regional brands, including Ryan Homes and NVHomes, along with other market-specific trade names, and are offered across multiple geographic markets in the United States.