WINTON GROUP Ltd Has $5.06 Million Holdings in Envista Holdings Corporation $NVST

WINTON GROUP Ltd raised its holdings in shares of Envista Holdings Corporation (NYSE:NVST) by 247.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 192,055 shares of the company’s stock after acquiring an additional 136,855 shares during the quarter. WINTON GROUP Ltd owned approximately 0.12% of Envista worth $5,061,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Envista during the second quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd increased its stake in Envista by 16,711.1% in the 3rd 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 during the period. Allworth Financial LP lifted its position in Envista by 75.4% in the 4th quarter. Allworth Financial LP now owns 1,805 shares of the company’s stock worth $39,000 after buying an additional 776 shares in the last quarter. Nykredit A S purchased a new stake in Envista in the 2nd quarter worth approximately $52,000. Finally, UMB Bank n.a. boosted its stake in shares of Envista by 46.1% during the 4th quarter. UMB Bank n.a. now owns 2,017 shares of the company’s stock valued at $44,000 after buying an additional 636 shares during the period.

Envista Price Performance

Shares of NYSE:NVST opened at $25.81 on Friday. The business has a 50 day moving average price of $27.19 and a 200 day moving average price of $26.22. Envista Holdings Corporation has a twelve month low of $18.77 and a twelve month high of $30.42. The company has a market cap of $4.15 billion, a price-to-earnings ratio of 44.50, a PEG ratio of 1.26 and a beta of 0.86. 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:NVST) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.34 by $0.07. Envista had a return on equity of 7.88% and a net margin of 3.33%.The company had revenue of $730.50 million for the quarter, compared to the consensus estimate of $716.11 million. During the same period in the previous year, the business posted $0.26 EPS. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. Envista has set its FY 2026 guidance at 1.500-1.550 EPS. Research analysts predict that Envista Holdings Corporation will post 1.53 earnings per share for the current year.

Insider Activity

In related news, SVP Mischa Reis sold 8,000 shares of the business’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $27.50, for a total transaction of $220,000.00. Following the transaction, the senior vice president owned 27,321 shares of the company’s stock, valued at approximately $751,327.50. The trade was a 22.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.99% of the company’s stock.

Analyst Upgrades and Downgrades

NVST has been the topic of a number of research reports. Robert W. Baird set a $34.00 price target on shares of Envista in a research note on Thursday, August 6th. Wall Street Zen cut Envista from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 5th. Zacks Research upgraded Envista from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Envista in a research report on Thursday. Finally, Morgan Stanley set a $23.00 price target on Envista in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $29.71.

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.