Envista Holdings Corporation (NYSE:NVST) Stock Now Rated “Hold” by Wall Street Analysts

Envista Holdings Corporation (NYSE:NVST) has received a consensus recommendation of “Hold” from the seventeen brokerages that are covering the firm, Marketbeat Ratings reports. Eleven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $28.86.

NVST has been the subject of a number of recent research reports. Morgan Stanley set a $23.00 target price on Envista in a research note on Thursday, August 6th. Mizuho set a $29.00 target price on Envista in a research report on Thursday, August 6th. Wall Street Zen downgraded shares of Envista from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 5th. UBS Group decreased their price target on shares of Envista from $30.00 to $27.00 and set a “neutral” rating on the stock in a research note on Friday, September 18th. Finally, Zacks Research lowered shares of Envista from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th.

Insider Activity at Envista

In other news, SVP Mischa Reis sold 8,000 shares of the firm’s 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 transaction, the senior vice president directly owned 27,321 shares of the company’s stock, valued at approximately $751,327.50. This trade represents a 22.65% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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.

Institutional Trading of Envista

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NVST. Arrowstreet Capital Limited Partnership lifted its stake in Envista by 341.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,858,293 shares of the company’s stock worth $72,515,000 after purchasing an additional 2,210,847 shares during the period. Wellington Management Group LLP boosted its holdings in Envista by 2,662.1% during the second quarter. Wellington Management Group LLP now owns 1,686,415 shares of the company’s stock valued at $44,437,000 after purchasing an additional 1,625,360 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Envista in the 2nd quarter valued at approximately $37,316,000. Pzena Investment Management LLC bought a new stake in shares of Envista in the 2nd quarter valued at approximately $30,494,000. Finally, Renaissance Technologies LLC grew its stake in shares of Envista by 195.9% in the 1st quarter. Renaissance Technologies LLC now owns 1,208,165 shares of the company’s stock valued at $30,651,000 after purchasing an additional 799,900 shares during the period.

Envista Stock Down 2.6%

NVST stock opened at $22.88 on Friday. The stock has a market capitalization of $3.67 billion, a price-to-earnings ratio of 39.45, a price-to-earnings-growth ratio of 1.17 and a beta of 0.89. The company has a 50-day moving average of $25.46 and a two-hundred day moving average of $25.63. Envista has a 52-week low of $18.77 and a 52-week high of $30.42. 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 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. As a group, equities research analysts anticipate that Envista will post 1.53 EPS for the current year.

Envista Company Profile

Envista Holdings Corporation (NYSE: NVST) is a global dental-products and technologies company that develops, manufactures and markets equipment, consumables and digital solutions for dental professionals, laboratories and specialists. Its offerings support diagnosis, treatment planning, restorative dentistry, orthodontics, implant dentistry and related clinical procedures.

The company’s portfolio includes dental imaging systems and software, treatment units, handpieces, infection-control products, restorative materials, endodontic products, orthodontic brackets and aligners, dental implants, prosthetic components and laboratory solutions.