First Trust Advisors LP Has $1.39 Million Stock Holdings in Envista Holdings Corporation $NVST

First Trust Advisors LP decreased its holdings in Envista Holdings Corporation (NYSE:NVSTFree Report) by 79.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 54,922 shares of the company’s stock after selling 212,679 shares during the period. First Trust Advisors LP’s holdings in Envista were worth $1,393,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in NVST. Parallel Advisors LLC boosted its holdings in shares of Envista by 13.1% during the 4th quarter. Parallel Advisors LLC now owns 3,175 shares of the company’s stock valued at $69,000 after acquiring an additional 367 shares in the last quarter. Bank of Montreal Can increased its stake in shares of Envista by 1.4% in the fourth quarter. Bank of Montreal Can now owns 26,178 shares of the company’s stock valued at $568,000 after buying an additional 372 shares during the period. Sepio Capital LP raised its position in shares of Envista by 1.2% during the fourth quarter. Sepio Capital LP now owns 31,632 shares of the company’s stock worth $687,000 after acquiring an additional 374 shares during the last quarter. Deutsche Bank AG raised its holdings in Envista by 2.9% during the 4th quarter. Deutsche Bank AG now owns 17,412 shares of the company’s stock worth $378,000 after purchasing an additional 484 shares during the last quarter. Finally, State of Michigan Retirement System raised its stake in Envista by 1.5% during the first quarter. State of Michigan Retirement System now owns 39,463 shares of the company’s stock worth $1,001,000 after buying an additional 600 shares during the last quarter.

Envista Price Performance

Shares of NYSE:NVST opened at $28.22 on Monday. The company has a 50-day moving average price of $26.03 and a two-hundred day moving average price of $26.03. The firm has a market capitalization of $4.53 billion, a PE ratio of 48.65, a P/E/G ratio of 1.34 and a beta of 0.86. Envista Holdings Corporation has a twelve month low of $18.77 and a twelve month high of $30.42. The company has a quick ratio of 2.07, a current ratio of 2.43 and a debt-to-equity ratio of 0.47.

Envista (NYSE:NVSTGet Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. The business had revenue of $730.50 million during the quarter, compared to analyst estimates of $716.11 million. Envista had a net margin of 3.33% and a return on equity of 7.88%. Envista’s revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.26 EPS. Envista has set its FY 2026 guidance at 1.500-1.550 EPS. Equities analysts forecast that Envista Holdings Corporation will post 1.53 EPS for the current year.

Wall Street Analysts Forecast Growth

NVST has been the topic of several recent analyst reports. Piper Sandler reissued a “neutral” rating and issued a $28.00 price target (up from $26.00) on shares of Envista in a research note on Thursday. Barclays cut their price target on Envista from $34.00 to $32.00 and set an “overweight” rating for the company in a research note on Thursday, June 11th. Citigroup started coverage on shares of Envista in a research note on Wednesday, April 15th. They issued a “neutral” rating and a $29.00 target price for the company. BMO Capital Markets began coverage on shares of Envista in a research report on Wednesday, July 8th. They set a “market perform” rating and a $27.00 price target on the stock. Finally, Wall Street Zen cut shares of Envista from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Six research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $29.31.

Check Out Our Latest Report 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.

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Institutional Ownership by Quarter for Envista (NYSE:NVST)

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