Envista Holdings Corporation $NVST Shares Sold by Clarkston Capital Partners LLC

Clarkston Capital Partners LLC trimmed its holdings in Envista Holdings Corporation (NYSE:NVST) by 2.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,211,735 shares of the company’s stock after selling 105,520 shares during the period. Envista comprises approximately 2.1% of Clarkston Capital Partners LLC’s holdings, making the stock its 16th largest holding. Clarkston Capital Partners LLC owned about 2.56% of Envista worth $91,437,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd raised its position in shares of Envista by 16,711.1% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,513 shares of the company’s stock valued at $31,000 after acquiring an additional 1,504 shares in the last quarter. Allworth Financial LP raised its position in shares of Envista by 75.4% during the 4th quarter. Allworth Financial LP now owns 1,805 shares of the company’s stock valued at $39,000 after acquiring an additional 776 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Envista by 73.1% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,248 shares of the company’s stock valued at $44,000 after acquiring an additional 949 shares in the last quarter. IFP Advisors Inc raised its position in shares of Envista by 102.9% during the 4th quarter. IFP Advisors Inc now owns 2,112 shares of the company’s stock valued at $46,000 after acquiring an additional 1,071 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in shares of Envista by 378.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,414 shares of the company’s stock valued at $47,000 after acquiring an additional 1,909 shares in the last quarter.

Analysts Set New Price Targets

NVST has been the topic of several research reports. Wall Street Zen lowered Envista from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. Barclays dropped their price target on Envista from $34.00 to $32.00 and set an “overweight” rating on the stock in a research report on Thursday. Citigroup initiated coverage on Envista in a research report on Wednesday, April 15th. They set a “neutral” rating and a $29.00 price target on the stock. Zacks Research lowered Envista from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Finally, Weiss Ratings lowered Envista from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Six analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Envista has an average rating of “Hold” and a consensus target price of $28.67.

Envista Price Performance

Shares of NVST opened at $24.54 on Friday. The company has a market cap of $3.99 billion, a P/E ratio of 59.86, a PEG ratio of 1.39 and a beta of 0.88. The stock has a fifty day moving average price of $25.02 and a 200 day moving average price of $24.71. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.44 and a quick ratio of 2.06. Envista Holdings Corporation has a 12 month low of $18.25 and a 12 month high of $30.42.

Envista (NYSE:NVST) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.05. The firm had revenue of $705.50 million during the quarter, compared to the consensus estimate of $680.04 million. Envista had a return on equity of 7.11% and a net margin of 2.41%.The firm’s revenue was up 14.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.24 EPS. Envista has set its FY 2026 guidance at 1.350-1.450 EPS. On average, research analysts forecast 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.