Stephens Inc. AR Boosts Holdings in Nova Ltd. $NVMI

Stephens Inc. AR raised its holdings in shares of Nova Ltd. (NASDAQ:NVMI) by 1.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,707 shares of the semiconductor company’s stock after acquiring an additional 153 shares during the quarter. Stephens Inc. AR’s holdings in Nova were worth $4,323,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Amundi grew its holdings in shares of Nova by 195.9% during the first quarter. Amundi now owns 24,063 shares of the semiconductor company’s stock worth $4,143,000 after buying an additional 15,930 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Nova by 122.2% during the first quarter. Bank of New York Mellon Corp now owns 39,901 shares of the semiconductor company’s stock worth $7,355,000 after buying an additional 21,941 shares in the last quarter. Plato Investment Management Ltd purchased a new stake in shares of Nova during the first quarter worth about $208,000. Retirement Systems of Alabama purchased a new stake in shares of Nova during the first quarter worth about $1,957,000. Finally, Janney Montgomery Scott LLC purchased a new stake in shares of Nova during the first quarter worth about $239,000. 82.99% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

NVMI has been the subject of a number of recent research reports. Cantor Fitzgerald reiterated an “overweight” rating and set a $300.00 price target (up from $250.00) on shares of Nova in a report on Tuesday, June 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of Nova in a report on Wednesday, October 8th. Finally, Bank of America lifted their price target on shares of Nova from $250.00 to $270.00 and gave the stock a “buy” rating in a report on Tuesday, June 24th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Nova presently has a consensus rating of “Moderate Buy” and an average target price of $282.50.

Nova Stock Performance

Nova stock opened at $333.36 on Wednesday. Nova Ltd. has a 1 year low of $153.99 and a 1 year high of $342.00. The firm has a 50 day moving average price of $292.06 and a 200 day moving average price of $249.59. The company has a market cap of $9.80 billion, a price-to-earnings ratio of 45.36, a PEG ratio of 2.34 and a beta of 1.76.

Nova (NASDAQ:NVMI) last released its earnings results on Thursday, August 7th. The semiconductor company reported $2.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.05 by $0.15. Nova had a net margin of 29.10% and a return on equity of 24.36%. The firm had revenue of $219.99 million during the quarter, compared to the consensus estimate of $214.95 million. During the same period in the previous year, the firm earned $1.61 earnings per share. Nova’s revenue was up 40.2% compared to the same quarter last year. Nova has set its Q3 2025 guidance at 2.020-2.220 EPS. Sell-side analysts predict that Nova Ltd. will post 7.52 EPS for the current year.

About Nova

Nova Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging.