Westpac Banking Corp Acquires New Shares in NVR, Inc. $NVR

Westpac Banking Corp acquired a new stake in shares of NVR, Inc. (NYSE:NVR) during the second quarter, HoldingsChannel reports. The fund acquired 492 shares of the construction company’s stock, valued at approximately $3,352,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Brighton Jones LLC raised its holdings in NVR by 68.9% in the fourth quarter. Brighton Jones LLC now owns 76 shares of the construction company’s stock worth $622,000 after purchasing an additional 31 shares in the last quarter. Woodline Partners LP grew its position in shares of NVR by 28.4% in the 1st quarter. Woodline Partners LP now owns 253 shares of the construction company’s stock worth $1,833,000 after buying an additional 56 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of NVR by 100.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 10 shares of the construction company’s stock worth $75,000 after acquiring an additional 5 shares in the last quarter. Cerity Partners LLC lifted its position in NVR by 7.9% during the second quarter. Cerity Partners LLC now owns 409 shares of the construction company’s stock valued at $3,021,000 after acquiring an additional 30 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its stake in NVR by 3.7% in the second quarter. Daiwa Securities Group Inc. now owns 449 shares of the construction company’s stock valued at $3,316,000 after acquiring an additional 16 shares in the last quarter. 83.67% of the stock is currently owned by hedge funds and other institutional investors.

NVR Stock Performance

NYSE NVR opened at $6,362.57 on Friday. The firm has a market capitalization of $16.92 billion, a P/E ratio of 16.50, a PEG ratio of 10.53 and a beta of 0.91. The stock has a 50-day simple moving average of $6,448.99 and a two-hundred day simple moving average of $6,615.60. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.24 and a current ratio of 5.28. NVR, Inc. has a fifty-two week low of $5,501.01 and a fifty-two week high of $8,618.28.

NVR (NYSE:NVR) last issued its earnings results on Thursday, July 23rd. The construction company reported $83.96 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $83.06. The firm had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.40 billion. NVR had a return on equity of 31.02% and a net margin of 12.26%.The company’s revenue was down 10.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $108.54 earnings per share. On average, equities analysts forecast that NVR, Inc. will post 366.98 earnings per share for the current year.

Trending Headlines about NVR

Here are the key news stories impacting NVR this week:

• Positive Sentiment: Zacks upgraded NVR from “Strong Sell” to “Hold,” removing a notably bearish rating overhang. The upgrade may be supporting investor confidence, though it does not represent a bullish recommendation. Zacks Research rating update
• Positive Sentiment: Zacks raised EPS estimates across multiple future periods, including Q3 2026 to $107.52 from $107.17, FY2026 to $371.53 from $371.09, FY2027 to $414.76 from $414.10, and FY2028 to $453.30 from $452.16. Estimates were also increased for Q1 and Q2 2027, Q3 and Q4 2027, and Q1 and Q2 2028. These broad, albeit small, upward revisions indicate slightly better expected earnings momentum for the homebuilder. NVR analyst estimates
• Neutral Sentiment: The estimate increases are relatively limited, and Zacks still maintains a “Hold” rating. Investors may therefore view the news as incremental rather than a major change to NVR’s outlook. The updated FY2026 projection of $371.53 is above the current full-year consensus estimate of $366.98.
• Negative Sentiment: NVR’s most recently reported quarter showed revenue of $2.34 billion, down 10.5% year over year and below the $2.40 billion consensus estimate. That recent top-line weakness remains a risk despite the improved forward EPS forecasts.

Insider Transactions at NVR

In related news, Director George Oliver acquired 63 shares of the stock in a transaction on Friday, August 7th. The shares were acquired at an average price of $6,431.51 per share, for a total transaction of $405,185.13. Following the transaction, the director owned 63 shares in the company, valued at approximately $405,185.13. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 8.60% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on NVR shares. BTIG Research set a $7,446.00 price target on NVR in a research report on Friday, July 24th. UBS Group decreased their price target on NVR from $7,700.00 to $7,400.00 and set a “neutral” rating for the company in a research note on Friday, July 24th. Wall Street Zen upgraded shares of NVR from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Zacks Research raised shares of NVR from a “strong sell” rating to a “hold” rating in a research report on Wednesday. Finally, Zelman & Associates raised shares of NVR from a “hold” rating to a “buy” rating in a research report on Tuesday, July 7th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, NVR currently has an average rating of “Hold” and a consensus price target of $7,224.20.

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.