Envista Holdings Corporation $NVST Shares Sold by Heartland Advisors Inc.

Heartland Advisors Inc. reduced its position in shares of Envista Holdings Corporation (NYSE:NVST) by 15.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 428,997 shares of the company’s stock after selling 80,837 shares during the period. Heartland Advisors Inc. owned about 0.26% of Envista worth $9,314,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in NVST. Caitong International Asset Management Co. Ltd increased its position in Envista by 16,711.1% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,513 shares of the company’s stock worth $31,000 after buying an additional 1,504 shares during the period. Allworth Financial LP lifted its stake in Envista by 75.4% in 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 during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Envista by 73.1% in 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 during the last quarter. IFP Advisors Inc lifted its stake in Envista by 102.9% in 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 during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in Envista by 378.0% in 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 during the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on NVST shares. Weiss Ratings cut Envista from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Robert W. Baird boosted their target price on shares of Envista from $30.00 to $31.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Barclays boosted their target price on shares of Envista from $24.00 to $34.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Morgan Stanley boosted their target price on shares of Envista from $19.00 to $21.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Finally, Wall Street Zen lowered shares of Envista from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. Six equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $28.83.

Envista Trading Down 2.2%

NYSE:NVST opened at $24.05 on Thursday. Envista Holdings Corporation has a 1 year low of $18.25 and a 1 year high of $30.42. The stock has a market cap of $3.91 billion, a price-to-earnings ratio of 58.67, a PEG ratio of 1.39 and a beta of 0.88. The business has a fifty day moving average of $25.07 and a 200-day moving average of $24.68. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.06 and a current ratio of 2.44.

Envista (NYSE:NVST) last released its quarterly earnings results 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 company had revenue of $705.50 million during the quarter, compared to analysts’ expectations of $680.04 million. During the same quarter in the prior year, the business posted $0.24 earnings per share. The company’s revenue for the quarter was up 14.4% compared to the same quarter last year. Envista has set its FY 2026 guidance at 1.350-1.450 EPS. Equities analysts predict that Envista Holdings Corporation will post 1.42 earnings per share for the current year.

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.