MFS Amends Envista Holdings Stake, Remains Key Investor

Ticker: NVST · Form: SC 13G/A · Filed: 2024-02-09T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, passive-investing

TL;DR

**MFS updated its Envista Holdings stake, confirming its continued large institutional ownership.**

AI Summary

Massachusetts Financial Services Company (MFS) filed an amended SC 13G/A on February 9, 2024, indicating a change in their beneficial ownership of Envista Holdings Corp (CUSIP 29415F104) as of December 29, 2023. This filing, an amendment to a previous disclosure, signals that MFS continues to be a significant institutional investor in Envista, holding a substantial stake. For investors, this matters because large institutional holdings can provide a degree of stability and confidence, but any future changes in MFS's position could influence stock price movements.

Why It Matters

This filing shows that a major institutional investor, MFS, continues to hold a significant position 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 high-risk events.

Analyst Insight

Investors should note that MFS, a significant institutional holder, is maintaining its position in Envista Holdings. While this filing doesn't reveal specific share counts, it confirms continued institutional interest. Smart investors might monitor future MFS filings for any significant changes in their stake, as large buying or selling could signal a shift in institutional sentiment.

Key Players & Entities

FAQ

What is the purpose of an SC 13G/A filing?

An SC 13G/A is an amendment to a Schedule 13G, which is filed by institutional investors who acquire beneficial ownership of more than 5% of a company's stock, but do not intend to influence or control the company. The '/A' indicates it's an amendment to a previously filed statement, as seen in the filing's title 'Amendment No. 1'.

Who is the reporting person in this SC 13G/A filing?

The reporting person is Massachusetts Financial Services Company, also referred to as "MFS," with an IRS Identification No. of 04-2747644, as stated on the cover page of the filing.

What is the subject company whose shares are being reported?

The subject company is Envista Holdings Corporation, identified by the CUSIP Number 29415F104 and listed as the 'Name of Issuer' in the filing.

What was the date of the event that triggered this filing?

The 'Date of Event Which Requires Filing of this Statement' was December 29, 2023, as specified on the cover page of the SC 13G/A.

Under which SEC rule was this Schedule 13G filed?

This Schedule 13G was filed under Rule 13d-1(b), as indicated by the 'X' next to '[X] Rule 13d-1(b)' on the cover page.

From the Filing

0000912938-24-000233.txt : 20240209 0000912938-24-000233.hdr.sgml : 20240209 20240209114903 ACCESSION NUMBER: 0000912938-24-000233 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Envista Holdings Corp CENTRAL INDEX KEY: 0001757073 STANDARD INDUSTRIAL CLASSIFICATION: DENTAL EQUIPMENT & SUPPLIES [3843] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 832206728 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-91284 FILM NUMBER: 24613286 BUSINESS ADDRESS: STREET 1: 200 S. KRAEMER BLVD., BLDG. E CITY: BREA STATE: CA ZIP: 92821 BUSINESS PHONE: 714-817-5418 MAIL ADDRESS: STREET 1: 200 S. KRAEMER BLVD., BLDG. E CITY: BREA STATE: CA ZIP: 92821 FORMER COMPANY: FORMER CONFORMED NAME: DH Dental Holding Corp. DATE OF NAME CHANGE: 20181025 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MASSACHUSETTS FINANCIAL SERVICES CO /MA/ CENTRAL INDEX KEY: 0000912938 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 111 HUNTINGTON AVENUE STREET 2: 24TH FLOOR CITY: BOSTON STATE: MA ZIP: 02199 BUSINESS PHONE: 18006372929 MAIL ADDRESS: STREET 1: 111 HUNTINGTON AVENUE STREET 2: 24TH FLOOR CITY: BOSTON STATE: MA ZIP: 02199 SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1 ) * ENVISTA HOLDINGS CORPORATION (Name of Issuer) Common Stock (Title of Class of Securities) 29415F104 (CUSIP Number) December 29, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.) CUSIP No. 29415F104 1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Massachusetts Financial Services Company ("MFS") 04-2747644 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] Not Applicable 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 5,405,479 6. SHARED VOTING POWER 0 7. SOLE DISPOSITIVE POWER 5,690,832 8. SHARED DISPOSITIVE POWER 0 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,690,832 shares of Common Stock consisting of shares beneficially owned by MFS and/or certain other non-reporting entities 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES Not Applicable 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3.3% 12. TYPE OF REPORTING PERSON IA Item 1. (a) Name of Issuer ENVISTA HOLDINGS CORPORATION (b) Address of Issuer's Principal Executive Offices 200 South Kraemer Blvd, Building E, Brea, CA 92821 Item 2. (a) Name of Person Filing Massachusetts Financial Services Company (b) Address of Principal Business Office or, if None, Residence 111 Huntington Avenue, Boston, MA 02199 (c) Citizenship Delaware (d) Title of Class of Securities Common Stock (e) CUSIP Number 29415F104 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d

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