Convergence Investment Partners LLC Acquires New Shares in NVR, Inc. $NVR

Convergence Investment Partners LLC acquired a new position in shares of NVR, Inc. (NYSE:NVR) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 259 shares of the construction company’s stock, valued at approximately $1,765,000.

A number of other institutional investors also recently bought and sold shares of NVR. AustralianSuper Pty Ltd acquired a new position in NVR during the fourth quarter worth about $4,835,000. Norges Bank acquired a new stake in shares of NVR in the fourth quarter valued at approximately $311,496,000. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new position in shares of NVR during the 4th quarter worth approximately $3,989,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of NVR by 13,371.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,544 shares of the construction company’s stock worth $55,017,000 after purchasing an additional 7,488 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of NVR by 4.6% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 5,896 shares of the construction company’s stock worth $42,916,000 after purchasing an additional 261 shares during the last quarter. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at NVR

In related news, Director George Oliver acquired 63 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were acquired at an average cost of $6,431.51 per share, for a total transaction of $405,185.13. Following the acquisition, the director directly owned 63 shares in the company, valued at approximately $405,185.13. The trade was a ? increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 8.60% of the stock is currently owned by corporate insiders.

NVR News Roundup

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.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Zacks Research cut NVR from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 21st. UBS Group reduced their price objective on NVR from $7,700.00 to $7,400.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. Bank of America decreased their price objective on NVR from $7,600.00 to $7,200.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. Truist Financial dropped their price objective on NVR from $6,600.00 to $6,400.00 and set a “hold” rating for the company in a research report on Friday, July 24th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of NVR in a research note on Tuesday, August 4th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, NVR has a consensus 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 company has a market cap of $16.78 billion, a P/E ratio of 16.36, a P/E/G ratio of 10.51 and a beta of 0.91. The business has a fifty day simple moving average of $6,451.29 and a 200-day simple moving average of $6,660.61. NVR, Inc. has a 52 week low of $5,501.01 and a 52 week high of $8,618.28. The company has a quick ratio of 2.24, a current ratio of 5.28 and a debt-to-equity ratio of 0.27.

NVR (NYSE:NVR) last released its earnings results 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 the consensus estimate of $2.40 billion. During the same period in the prior year, the business posted $108.54 earnings per share. The firm’s revenue for the quarter was down 10.5% compared to the same quarter last year. Equities research analysts forecast that NVR, Inc. will post 371.98 EPS for the current year.

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.