Envista Holdings Corporation $NVST Shares Sold by Paradice Investment Management LLC

Paradice Investment Management LLC reduced its position in Envista Holdings Corporation (NYSE:NVST) by 5.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,709,507 shares of the company’s stock after selling 97,427 shares during the period. Envista comprises approximately 7.2% of Paradice Investment Management LLC’s holdings, making the stock its 3rd largest position. Paradice Investment Management LLC’s holdings in Envista were worth $37,113,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. GAMMA Investing LLC boosted its stake in Envista by 34.3% in the 3rd quarter. GAMMA Investing LLC now owns 2,498 shares of the company’s stock worth $51,000 after purchasing an additional 638 shares during the period. Assetmark Inc. raised its stake in Envista by 1.4% during the 4th quarter. Assetmark Inc. now owns 46,273 shares of the company’s stock valued at $1,005,000 after purchasing an additional 659 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Envista by 35.3% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,041 shares of the company’s stock valued at $62,000 after purchasing an additional 793 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of Envista by 317.6% in the third quarter. Farther Finance Advisors LLC now owns 1,349 shares of the company’s stock worth $27,000 after buying an additional 1,026 shares during the period. Finally, Vanguard Personalized Indexing Management LLC boosted its position in shares of Envista by 5.9% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 21,283 shares of the company’s stock worth $434,000 after buying an additional 1,183 shares during the period.

Analysts Set New Price Targets

NVST has been the topic of several recent analyst reports. UBS Group upped their price target on Envista from $22.00 to $25.00 and gave the company a “neutral” rating in a research report on Tuesday, February 3rd. Evercore set a $30.00 price objective on Envista in a research report on Wednesday, April 8th. Mizuho lifted their target price on Envista from $24.00 to $27.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. Weiss Ratings upgraded Envista from a “sell (d)” rating to a “hold (c-)” rating in a report on Tuesday, February 17th. Finally, Zacks Research lowered shares of Envista from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Seven equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $27.69.

Envista Trading Down 0.3%

NYSE NVST opened at $27.06 on Friday. The company has a current ratio of 2.38, a quick ratio of 2.04 and a debt-to-equity ratio of 0.47. Envista Holdings Corporation has a 1-year low of $15.49 and a 1-year high of $30.42. The firm’s fifty day simple moving average is $26.95 and its 200-day simple moving average is $23.65. The company has a market capitalization of $4.41 billion, a PE ratio of 96.65, a price-to-earnings-growth ratio of 1.85 and a beta of 0.98.

Envista (NYSE:NVST) last released its quarterly earnings data on Thursday, February 5th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.06. Envista had a return on equity of 6.54% and a net margin of 1.73%.During the same quarter in the previous year, the business earned $0.24 earnings per share. The company’s revenue was up 15.0% compared to the same quarter last year. Envista has set its FY 2026 guidance at 1.350-1.450 EPS. As a group, sell-side analysts anticipate that Envista Holdings Corporation will post 1.4 earnings per share for the current fiscal year.

Insider Buying and Selling at Envista

In other news, SVP Mischa Reis sold 9,675 shares of Envista stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $30.00, for a total transaction of $290,250.00. Following the completion of the sale, the senior vice president directly owned 32,382 shares in the company, valued at $971,460. The trade was a 23.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.99% of the stock is owned by company insiders.

Envista Profile

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.