BlackRock Amends Envista Holdings Stake (NVST) as of Dec 31, 2023
Ticker: NVST · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 1757073
| Field | Detail |
|---|---|
| Company | Envista Holdings Corp (NVST) |
| Form Type | SC 13G/A |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
Related Tickers: NVST
TL;DR
**BlackRock still a major holder in Envista (NVST) as of year-end 2023.**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on January 24, 2024, indicating a change in their ownership of Envista Holdings Corp (NYSE: NVST) common stock as of December 31, 2023. This filing, Amendment No. 7, shows that BlackRock continues to be a significant institutional investor in Envista, a dental equipment and supplies company. For investors, this matters because large institutional holdings like BlackRock's can provide a sense of stability and confidence in the stock, as major funds typically conduct extensive due diligence before investing.
Why It Matters
This filing confirms BlackRock's continued significant institutional ownership in Envista Holdings, which can influence market perception and stock stability.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
Investors should note BlackRock's continued presence as a major shareholder, which can be a positive signal, but this filing alone doesn't warrant immediate action. Further research into Envista's fundamentals and BlackRock's specific stake percentage (not provided in this excerpt) would be prudent.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Envista Holdings Corp (company) — the subject company whose shares are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 24, 2024 (date) — the date the SC 13G/A was filed
- Amendment No. 7 (number) — the specific amendment number of the filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, specifically Amendment No. 7, filed under Rule 13d-1(b) of the Securities Exchange Act of 1934.
Who is the 'subject company' whose shares are being reported in this filing?
The subject company is Envista Holdings Corp, identified by the CIK 0001757073 and CUSIP number 29415F104.
Who is the 'filing person' or 'reporting person' in this document?
The filing person is BlackRock Inc., identified by the CIK 0001364742.
What was the 'Date of Event Which Requires Filing of this Statement'?
The date of the event which requires filing of this statement was December 31, 2023.
What is the business address of Envista Holdings Corp?
Envista Holdings Corp's business address is 200 S. KRAEMER BLVD., BLDG. E, BREA, CA 92821, with a business phone of 714-817-5418.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding Envista Holdings Corp (NVST).