Corient Private Wealth LP Purchases 185,687 Shares of Envista Holdings Corporation $NVST

Key Points

• Corient Private Wealth increased its Envista stake by 35.8%, purchasing 185,687 shares to reach 703,864 shares valued at approximately $18.5 million. Several other institutional investors also expanded their positions.
• Envista reported quarterly EPS of $0.41, beating estimates of $0.34, while revenue rose 7.1% year over year to $730.5 million. Management provided fiscal 2026 EPS guidance of $1.50–$1.55.
• Analysts maintain a “Moderate Buy” consensus rating with an average price target of $29.71; JPMorgan upgraded the stock to “overweight” with a $32 target, while NVST recently traded at $25.79.

Corient Private Wealth LP lifted its position in shares of Envista Holdings Corporation (NYSE:NVST - Free Report) by 35.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 703,864 shares of the company's stock after acquiring an additional 185,687 shares during the quarter. Corient Private Wealth LP owned approximately 0.44% of Envista worth $18,547,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in NVST. Dimensional Fund Advisors LP raised its holdings in Envista by 1.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 9,780,948 shares of the company's stock worth $248,130,000 after purchasing an additional 152,488 shares during the last quarter. California State Teachers Retirement System raised its stake in shares of Envista by 2,460.3% during the second quarter. California State Teachers Retirement System now owns 4,972,429 shares of the company's stock worth $131,024,000 after buying an additional 4,778,217 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Envista by 341.5% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,858,293 shares of the company's stock valued at $72,515,000 after buying an additional 2,210,847 shares during the period. Quantinno Capital Management LP boosted its stake in Envista by 38.8% in the first quarter. Quantinno Capital Management LP now owns 2,694,970 shares of the company's stock valued at $68,371,000 after acquiring an additional 753,474 shares during the last quarter. Finally, Norges Bank acquired a new stake in Envista during the 4th quarter worth $45,113,000.

Envista Stock Performance

NVST stock opened at $25.79 on Tuesday. The business's 50-day moving average price is $27.11 and its two-hundred day moving average price is $26.17. The company has a current ratio of 2.43, a quick ratio of 2.07 and a debt-to-equity ratio of 0.47. The firm has a market cap of $4.14 billion, a PE ratio of 44.46, a P/E/G ratio of 1.22 and a beta of 0.86. Envista Holdings Corporation has a 1-year low of $18.77 and a 1-year high of $30.42.

Envista (NYSE:NVST - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.34 by $0.07. The firm had revenue of $730.50 million during the quarter, compared to analysts' expectations of $716.11 million. Envista had a return on equity of 7.88% and a net margin of 3.33%.The company's revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.26 earnings per share. Envista has set its FY 2026 guidance at 1.500-1.550 EPS. As a group, research analysts forecast 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 that occurred on Thursday, August 20th. The stock was sold at an average price of $27.50, for a total value of $220,000.00. Following the completion of the transaction, the senior vice president directly owned 27,321 shares in the company, valued at approximately $751,327.50. The trade was a 22.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.99% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on NVST shares. Mizuho set a $29.00 price target on Envista in a research report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft set a $32.00 target price on Envista in a report on Thursday, September 3rd. Morgan Stanley set a $23.00 price target on Envista in a research note on Thursday, August 6th. BMO Capital Markets reiterated a "market perform" rating on shares of Envista in a research report on Thursday. Finally, JPMorgan Chase & Co. upgraded shares of Envista from a "neutral" rating to an "overweight" rating and boosted their price objective for the company from $29.00 to $32.00 in a report on Thursday, September 3rd. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $29.71.

Envista Company Profile

Envista Holdings Corporation is a global dental products and technologies company headquartered in Brea, California. The company develops, manufactures and markets products used by dentists, dental specialists, dental laboratories and other oral-care professionals.

Envista's portfolio includes dental imaging and diagnostic systems, digital dentistry and CAD/CAM solutions, dental implants, orthodontic brackets and wires, clear aligner products, endodontic instruments, restorative materials, infection-prevention products and other dental consumables.

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