Envista Holdings Corporation $NVST Stock Position Lessened by Heartland Advisors Inc.

Heartland Advisors Inc. decreased its holdings in Envista Holdings Corporation (NYSE:NVSTFree Report) by 15.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 428,997 shares of the company’s stock after selling 80,837 shares during the quarter. Heartland Advisors Inc.’s holdings in Envista were worth $9,314,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of NVST. Caitong International Asset Management Co. Ltd boosted its stake in Envista by 16,711.1% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,513 shares of the company’s stock valued at $31,000 after buying an additional 1,504 shares in the last quarter. Allworth Financial LP boosted its stake in Envista by 75.4% during the fourth quarter. Allworth Financial LP now owns 1,805 shares of the company’s stock valued at $39,000 after buying an additional 776 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Envista by 73.1% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,248 shares of the company’s stock valued at $44,000 after buying an additional 949 shares in the last quarter. IFP Advisors Inc boosted its stake in Envista by 102.9% during the fourth quarter. IFP Advisors Inc now owns 2,112 shares of the company’s stock valued at $46,000 after buying an additional 1,071 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in Envista by 378.0% during the second quarter. EverSource Wealth Advisors LLC now owns 2,414 shares of the company’s stock valued at $47,000 after buying an additional 1,909 shares in the last quarter.

Envista Stock Down 2.2%

Shares of Envista stock opened at $24.05 on Thursday. The stock has a 50-day moving average price of $25.07 and a 200 day moving average price of $24.68. The company has a market cap of $3.91 billion, a P/E ratio of 58.67, a P/E/G ratio of 1.39 and a beta of 0.88. The company has a current ratio of 2.44, a quick ratio of 2.06 and a debt-to-equity ratio of 0.47. Envista Holdings Corporation has a 1 year low of $18.25 and a 1 year high of $30.42.

Envista (NYSE:NVSTGet Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.05. Envista had a return on equity of 7.11% and a net margin of 2.41%.The firm had revenue of $705.50 million during the quarter, compared to the consensus estimate of $680.04 million. During the same period in the prior year, the business earned $0.24 EPS. The business’s revenue for the quarter was up 14.4% on a year-over-year basis. Envista has set its FY 2026 guidance at 1.350-1.450 EPS. As a group, analysts expect that Envista Holdings Corporation will post 1.42 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Wall Street Zen cut Envista from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. JPMorgan Chase & Co. increased their price target on Envista from $26.00 to $29.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Evercore reiterated an “outperform” rating and issued a $33.00 price target on shares of Envista in a research report on Thursday, May 7th. Barclays increased their price target on Envista from $24.00 to $34.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. Finally, Zacks Research lowered Envista from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Six analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Envista has a consensus rating of “Hold” and an average price target of $28.83.

View Our Latest Stock Analysis on Envista

Envista Company Profile

(Free Report)

Envista Holdings Corporation is a global dental products company that develops, manufactures and markets a broad portfolio of dental consumables, equipment and technology solutions. Headquartered in Brea, California, Envista serves dental practitioners, specialists and laboratories in more than 150 countries. The company’s offerings span implant, orthodontic, endodontic and restorative product lines as well as digital imaging systems and practice management software.

Envista’s product brands include Nobel Biocare for dental implants and restorative solutions, Ormco for orthodontic appliances and treatment systems, Kerr for restorative and endodontic materials, KaVo for dental imaging and handpieces, and Vista for surgical drills and instruments.

See Also

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Institutional Ownership by Quarter for Envista (NYSE:NVST)

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