81,686 Shares in Envista Holdings Corporation $NVST Purchased by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL purchased a new stake in Envista Holdings Corporation (NYSE:NVST) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 81,686 shares of the company’s stock, valued at approximately $1,664,000.

A number of other institutional investors and hedge funds also recently modified their holdings of NVST. Caitong International Asset Management Co. Ltd boosted its position in shares of 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 acquiring an additional 1,504 shares during the last quarter. PharVision Advisers LLC acquired a new position in Envista during the third quarter worth approximately $307,000. XTX Topco Ltd raised its stake in Envista by 90.4% during the third quarter. XTX Topco Ltd now owns 81,347 shares of the company’s stock worth $1,657,000 after purchasing an additional 38,628 shares during the period. Virtus Advisers LLC purchased a new position in Envista during the third quarter worth approximately $205,000. Finally, Verition Fund Management LLC boosted its holdings in shares of Envista by 15.9% in the 3rd quarter. Verition Fund Management LLC now owns 164,084 shares of the company’s stock valued at $3,342,000 after purchasing an additional 22,566 shares during the last quarter.

Insider Transactions at Envista

In related news, SVP Mischa Reis sold 9,675 shares of Envista stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $30.00, for a total transaction of $290,250.00. Following the sale, the senior vice president owned 32,382 shares of the company’s stock, valued at $971,460. The trade was a 23.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.66% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts have recently commented on NVST shares. Zacks Research upgraded Envista from a “hold” rating to a “strong-buy” rating in a report on Friday, February 6th. Leerink Partners set a $35.00 price target on Envista and gave the company an “outperform” rating in a research report on Friday, February 6th. Mizuho upped their price target on Envista from $24.00 to $27.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 10th. Morgan Stanley set a $19.00 price objective on Envista in a report on Friday, February 6th. Finally, Robert W. Baird set a $30.00 price objective on Envista in a research note on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Envista presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.75.

Envista Stock Performance

Shares of NYSE:NVST opened at $24.60 on Monday. The business’s 50-day simple moving average is $26.56 and its 200 day simple moving average is $22.92. The company has a market cap of $4.03 billion, a P/E ratio of 87.86, a PEG ratio of 1.68 and a beta of 0.95. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.04 and a current ratio of 2.38. Envista Holdings Corporation has a one year low of $14.22 and a one year high of $30.42.

Envista (NYSE:NVST) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.06. Envista had a net margin of 1.73% and a return on equity of 6.54%. Envista’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.24 earnings per share. Envista has set its FY 2026 guidance at 1.350-1.450 EPS. On average, sell-side analysts forecast that Envista Holdings Corporation will post 1 earnings per share for the current fiscal 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.