Dynamic Technology Lab Private Ltd Buys New Holdings in Enviri Corporation $NVRI

Dynamic Technology Lab Private Ltd purchased a new position in shares of Enviri Corporation (NYSE:NVRI) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 19,177 shares of the company’s stock, valued at approximately $166,000.

A number of other hedge funds also recently made changes to their positions in NVRI. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of Enviri by 7.8% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 20,667 shares of the company’s stock valued at $179,000 after acquiring an additional 1,490 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Enviri by 14.0% during the second quarter. Envestnet Asset Management Inc. now owns 12,640 shares of the company’s stock worth $110,000 after purchasing an additional 1,554 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Enviri by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,127 shares of the company’s stock valued at $313,000 after purchasing an additional 2,028 shares in the last quarter. SummerHaven Investment Management LLC raised its holdings in shares of Enviri by 2.6% in the 2nd quarter. SummerHaven Investment Management LLC now owns 91,933 shares of the company’s stock worth $798,000 after buying an additional 2,373 shares in the last quarter. Finally, CWM LLC lifted its position in shares of Enviri by 231.7% during the 2nd quarter. CWM LLC now owns 4,893 shares of the company’s stock worth $42,000 after buying an additional 3,418 shares during the period. Institutional investors and hedge funds own 93.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on NVRI. Wall Street Zen upgraded shares of Enviri from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Enviri in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Enviri currently has an average rating of “Sell”.

Enviri Trading Down 0.1%

NVRI stock opened at $18.34 on Thursday. The company has a quick ratio of 0.88, a current ratio of 1.19 and a debt-to-equity ratio of 3.55. Enviri Corporation has a twelve month low of $4.72 and a twelve month high of $18.74. The company has a market cap of $1.48 billion, a P/E ratio of -9.36 and a beta of 1.92. The business has a fifty day moving average of $12.96 and a 200-day moving average of $10.58.

Enviri (NYSE:NVRI) last announced its quarterly earnings data on Monday, November 10th. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.03). The firm had revenue of $574.82 million during the quarter, compared to analyst estimates of $573.60 million. Enviri had a negative return on equity of 7.86% and a negative net margin of 7.02%.Enviri’s revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.01) earnings per share. Enviri has set its FY 2025 guidance at -0.740–0.620 EPS. Q4 2025 guidance at -0.260–0.130 EPS. As a group, equities research analysts expect that Enviri Corporation will post -0.13 EPS for the current year.

About Enviri

Enviri Corporation provides environmental solutions for industrial and specialty waste streams in the United States and internationally. The company operates through two segments: Harsco Environmental and Clean Earth. The Harsco Environmental segment offers on-site services under long-term contracts for material logistics, product quality improvement, and resource recovery for iron, steel, and metals manufacturing; manufactures and sells industrial abrasives, roofing granules, aluminum dross, and scrap processing systems; and meltshop and furnace services, such as under-vessel cleaning, removal of ladle slag, and general melt shop debris.