NVE (NASDAQ:NVEC) Reaches New 1-Year High Following Dividend Announcement

Shares of NVE Corporation (NASDAQ:NVEC) hit a new 52-week high on Thursday after the company announced a dividend. The stock traded as high as $128.11 and last traded at $126.7430, with a volume of 79387 shares changing hands. The stock had previously closed at $86.68.

The newly announced dividend which will be paid on Monday, August 31st. Stockholders of record on Monday, August 3rd will be issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Monday, August 3rd. NVE’s dividend payout ratio (DPR) is presently 127.39%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of NVE from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, June 8th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, NVE presently has a consensus rating of “Hold”.

NVE Trading Up 40.3%

The firm has a market capitalization of $588.71 million, a price-to-earnings ratio of 39.13 and a beta of 1.38. The stock has a fifty day moving average price of $97.60 and a 200-day moving average price of $80.66.

NVE (NASDAQ:NVEC) last announced its quarterly earnings results on Wednesday, July 22nd. The semiconductor company reported $1.32 EPS for the quarter. NVE had a return on equity of 25.62% and a net margin of 57.72%.The business had revenue of $11.03 million for the quarter.

More NVE News

Here are the key news stories impacting NVE this week:

• Positive Sentiment: NVE reported fiscal Q1 2027 earnings of $1.32 per share on $11.03 million in revenue, with the company highlighting strong profitability and a very high net margin. NVE earnings report
• Positive Sentiment: The company also declared a quarterly dividend of $1.00 per share, reinforcing its shareholder-return profile and implying a 4.6% annualized yield. NVE dividend announcement
• Neutral Sentiment: Premarket commentary also flagged NVEC as a stock seeing notable trading activity, suggesting the market is reacting to the earnings and dividend news. Morning Market Movers article

Institutional Investors Weigh In On NVE

Several large investors have recently made changes to their positions in NVEC. McMillan Office Inc. acquired a new stake in shares of NVE during the 4th quarter worth about $30,000. Handelsbanken Fonder AB grew its holdings in shares of NVE by 62.8% during the fourth quarter. Handelsbanken Fonder AB now owns 102,592 shares of the semiconductor company’s stock worth $6,087,000 after purchasing an additional 39,565 shares during the last quarter. SG Americas Securities LLC grew its holdings in NVE by 78.9% during the 4th quarter. SG Americas Securities LLC now owns 3,930 shares of the semiconductor company’s stock worth $233,000 after acquiring an additional 1,733 shares during the last quarter. State of Tennessee Department of Treasury lifted its position in shares of NVE by 137.4% during the second quarter. State of Tennessee Department of Treasury now owns 6,596 shares of the semiconductor company’s stock worth $486,000 after purchasing an additional 3,818 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in NVE in the 1st quarter worth approximately $351,000. Institutional investors own 65.95% of the company’s stock.

NVE Company Profile

NVE Corporation (NASDAQ:NVEC) is a technology company specializing in the development, manufacturing, and marketing of spintronic products. The company’s core expertise lies in magnetoresistive sensing and magnetic-field-based digital isolation, leveraging patented spin-valve and tunneling magnetoresistance technologies to deliver high-performance, low-power solutions.

NVE’s product portfolio includes magnetic sensors for current, position, and angle sensing applications, as well as micro-isolators and digital isolators that provide galvanic isolation in industrial, automotive, medical, instrumentation, and consumer electronics systems.