Pictet Asset Management Holding SA Sells 835 Shares of NVR, Inc. $NVR

Pictet Asset Management Holding SA lessened its stake in NVR, Inc. (NYSE:NVR) by 23.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,660 shares of the construction company’s stock after selling 835 shares during the quarter. Pictet Asset Management Holding SA’s holdings in NVR were worth $18,124,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Capital Research Global Investors raised its position in NVR by 0.4% during the fourth quarter. Capital Research Global Investors now owns 133,554 shares of the construction company’s stock worth $973,979,000 after acquiring an additional 551 shares in the last quarter. M&T Bank Corp increased its stake in shares of NVR by 34,923.5% during the 4th quarter. M&T Bank Corp now owns 56,738 shares of the construction company’s stock worth $413,777,000 after purchasing an additional 56,576 shares during the last quarter. Corient Private Wealth LLC increased its stake in shares of NVR by 407.5% during the 4th quarter. Corient Private Wealth LLC now owns 45,572 shares of the construction company’s stock worth $332,346,000 after purchasing an additional 36,592 shares during the last quarter. Norges Bank bought a new stake in shares of NVR in the 4th quarter valued at about $311,496,000. Finally, Capital World Investors raised its holdings in shares of NVR by 0.3% in the 4th quarter. Capital World Investors now owns 40,703 shares of the construction company’s stock valued at $296,838,000 after purchasing an additional 127 shares during the period. 83.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at NVR

In other NVR news, Director George Oliver purchased 63 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was bought at an average cost of $6,431.51 per share, for a total transaction of $405,185.13. Following the completion of the transaction, the director owned 63 shares in the company, valued at approximately $405,185.13. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 8.60% of the company’s stock.

Analyst Ratings Changes

NVR has been the subject of a number of research analyst reports. Zacks Research cut NVR from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 21st. Wall Street Zen raised NVR from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Truist Financial reduced their target price on NVR from $6,600.00 to $6,400.00 and set a “hold” rating for the company in a research note on Friday, July 24th. Zelman & Associates upgraded NVR from a “hold” rating to a “buy” rating in a research note on Tuesday, July 7th. Finally, BTIG Research set a $7,446.00 price objective on shares of NVR in a research report on Friday, July 24th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $7,224.20.

NVR Price Performance

Shares of NYSE NVR opened at $6,308.22 on Friday. The firm has a market cap of $16.78 billion, a P/E ratio of 16.36, a price-to-earnings-growth ratio of 10.51 and a beta of 0.91. The business’s 50 day moving average is $6,451.29 and its 200-day moving average is $6,660.61. The company has a current ratio of 5.28, a quick ratio of 2.24 and a debt-to-equity ratio of 0.27. NVR, Inc. has a 1-year low of $5,501.01 and a 1-year high of $8,618.28.

NVR (NYSE:NVR) last posted its quarterly earnings data on Thursday, July 23rd. The construction company reported $83.96 earnings per share for the quarter, topping the consensus estimate of $0.90 by $83.06. NVR had a return on equity of 31.02% and a net margin of 12.26%.The firm had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.40 billion. During the same quarter last year, the business earned $108.54 EPS. The company’s quarterly revenue was down 10.5% compared to the same quarter last year. Equities research analysts predict that NVR, Inc. will post 371.98 earnings per share for the current year.

More NVR News

Here are the key news stories impacting NVR this week:

• Positive Sentiment: NVR director George Oliver purchased 63 shares valued at approximately $405,000, establishing a direct equity position. The insider purchase may be viewed as a signal of confidence in the homebuilder’s long-term prospects, although its size is modest relative to NVR’s market capitalization. NVR Director George Oliver Buys $405K in Stock
• Neutral Sentiment: Brokerages collectively assign NVR an average “Hold” recommendation, suggesting analysts see limited near-term upside despite the company’s strong balance sheet and profitability. NVR Given Average Recommendation of Hold
• Negative Sentiment: Zacks Research lowered its EPS forecasts for NVR’s third quarter and fourth quarter of 2026, citing estimates of $107.17 and $112.20, respectively, versus prior forecasts of $107.42 and $115.02.
• Negative Sentiment: Longer-term revisions were also mostly unfavorable: Q1 2028 EPS was cut to $89.06 from $91.22, Q4 2027 EPS to $121.22 from $123.01, and fiscal 2028 EPS to $452.16 from $461.91. Although Q3 2027 EPS was raised to $117.58 from $115.67, the overall pattern points to reduced earnings expectations.
• Negative Sentiment: Zacks retained its “Strong Sell” rating. The revisions add pressure to NVR’s valuation outlook, particularly after its latest reported quarter showed revenue down 10.5% year over year.

NVR Company 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.