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

WINTON GROUP Ltd boosted its position in shares of Envista Holdings Corporation (NYSE:NVST) by 247.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 192,055 shares of the company’s stock after buying an additional 136,855 shares during the quarter. WINTON GROUP Ltd’s holdings in Envista were worth $5,061,000 as of its most recent filing with the Securities & Exchange Commission.

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

Wall Street Analysts Forecast Growth

NVST has been the topic of a number of recent research reports. BMO Capital Markets reiterated a “market perform” rating on shares of Envista in a research note on Thursday. Weiss Ratings upgraded shares of Envista from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 6th. Zacks Research raised shares of Envista from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Morgan Stanley set a $23.00 target price on shares of Envista in a research report on Thursday, August 6th. Finally, Mizuho set a $29.00 target price on shares of Envista in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $29.71.

Insider Buying and Selling at Envista

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

Envista Price Performance

Shares of NVST stock opened at $25.81 on Friday. The stock’s fifty day simple moving average is $27.19 and its 200 day simple moving average is $26.22. Envista Holdings Corporation has a one year low of $18.77 and a one year high of $30.42. The firm has a market cap of $4.15 billion, a price-to-earnings ratio of 44.50, a P/E/G ratio of 1.26 and a beta of 0.86. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.43 and a quick ratio of 2.07.

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

Envista Company 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.