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Fuller & Thaler Asset Management Inc. Sells 39,750 Shares of Envista Holdings Corporation $NVST

Envista logo with Medical background

Key Points

  • Fuller & Thaler Asset Management Inc. has sold 39,750 shares of Envista Holdings, reducing its stake to 4,260,120 shares, which represents 2.51% of the company valued at $73.53 million.
  • Envista's stock price increased by 0.5% to $20.75, and it has a market capitalization of $3.45 billion, with a price-to-earnings ratio of 64.83.
  • Recent analyst ratings for Envista include upgrades to "strong-buy" by Wall Street Zen and Evercore ISI, with a consensus price target of $20.92.
  • Looking to export and analyze Envista data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Fuller & Thaler Asset Management Inc. decreased its holdings in shares of Envista Holdings Corporation (NYSE:NVST - Free Report) by 0.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,260,120 shares of the company's stock after selling 39,750 shares during the period. Fuller & Thaler Asset Management Inc. owned 2.51% of Envista worth $73,530,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in NVST. Brickwood Asset Management LLP bought a new position in shares of Envista during the fourth quarter valued at approximately $40,037,000. Dimensional Fund Advisors LP grew its holdings in shares of Envista by 24.0% during the first quarter. Dimensional Fund Advisors LP now owns 8,387,297 shares of the company's stock valued at $144,760,000 after buying an additional 1,625,206 shares during the last quarter. Pzena Investment Management LLC grew its holdings in shares of Envista by 160.7% during the first quarter. Pzena Investment Management LLC now owns 2,294,257 shares of the company's stock valued at $39,599,000 after buying an additional 1,414,080 shares during the last quarter. Deerfield Management Company L.P. Series C grew its holdings in shares of Envista by 4,949.9% during the fourth quarter. Deerfield Management Company L.P. Series C now owns 1,018,415 shares of the company's stock valued at $19,645,000 after buying an additional 998,248 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of Envista by 288.2% during the fourth quarter. Ameriprise Financial Inc. now owns 1,075,344 shares of the company's stock valued at $20,743,000 after buying an additional 798,366 shares during the last quarter.

Envista Stock Performance

NVST stock traded up $1.2090 on Friday, hitting $21.6690. The company had a trading volume of 1,558,799 shares, compared to its average volume of 2,653,525. Envista Holdings Corporation has a 12-month low of $14.22 and a 12-month high of $23.00. The company has a current ratio of 2.44, a quick ratio of 2.08 and a debt-to-equity ratio of 0.46. The stock's 50-day simple moving average is $20.04 and its 200 day simple moving average is $18.60. The stock has a market cap of $3.60 billion, a price-to-earnings ratio of 67.72, a P/E/G ratio of 1.16 and a beta of 1.00.

Envista (NYSE:NVST - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.02. Envista had a net margin of 2.11% and a return on equity of 4.84%. The business had revenue of $682.10 million for the quarter, compared to the consensus estimate of $638.21 million. During the same period last year, the firm earned $0.11 earnings per share. The company's quarterly revenue was up 7.7% on a year-over-year basis. Envista has set its FY 2025 guidance at 1.050-1.15 EPS. As a group, equities research analysts expect that Envista Holdings Corporation will post 1 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

NVST has been the topic of a number of recent analyst reports. Mizuho increased their price target on shares of Envista from $15.00 to $18.00 and gave the company an "underperform" rating in a report on Friday, August 1st. Bank of America cut their price target on shares of Envista from $26.00 to $23.00 and set a "buy" rating on the stock in a report on Tuesday, April 29th. UBS Group increased their price target on shares of Envista from $18.00 to $22.00 and gave the company a "neutral" rating in a report on Tuesday, July 29th. Wall Street Zen upgraded shares of Envista from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 2nd. Finally, Piper Sandler raised their target price on shares of Envista from $17.00 to $19.00 and gave the stock a "neutral" rating in a report on Friday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $20.92.

View Our Latest Report on Envista

Envista Profile

(Free Report)

Envista Holdings Corporation, together with its subsidiaries, develops, manufactures, markets, and sells dental products in the United States, China, and internationally. The company operates in two segments, Specialty Products & Technologies, and Equipment & Consumables. The Specialty Products & Technologies segment offers dental implant systems, guided surgery systems, biomaterials, and prefabricated and custom-built prosthetics to oral surgeons, prosthodontists and periodontists, and general dentist; and brackets and wires, tubes and bands, archwires, clear aligners, digital orthodontic treatments, retainers, and other orthodontic laboratory products.

Further Reading

Institutional Ownership by Quarter for Envista (NYSE:NVST)

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