Strs Ohio Buys Shares of 83,000 Enviri Corporation $NVRI

Strs Ohio acquired a new position in Enviri Corporation (NYSE:NVRI) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 83,000 shares of the company’s stock, valued at approximately $552,000. Strs Ohio owned about 0.10% of Enviri at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Jane Street Group LLC increased its position in Enviri by 116.0% during the first quarter. Jane Street Group LLC now owns 207,329 shares of the company’s stock worth $1,379,000 after acquiring an additional 111,359 shares during the period. Empowered Funds LLC raised its stake in Enviri by 3.1% in the 1st quarter. Empowered Funds LLC now owns 396,638 shares of the company’s stock valued at $2,638,000 after acquiring an additional 11,762 shares during the period. Aristeia Capital L.L.C. bought a new position in Enviri during the 1st quarter worth $334,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Enviri by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,127 shares of the company’s stock worth $313,000 after purchasing an additional 2,028 shares during the period. Finally, HG Vora Capital Management LLC acquired a new stake in Enviri in the first quarter valued at about $23,275,000. 93.43% of the stock is currently owned by institutional investors and hedge funds.

Enviri Stock Down 1.4%

Shares of NYSE NVRI opened at $12.30 on Friday. Enviri Corporation has a 1 year low of $4.72 and a 1 year high of $12.84. The company has a debt-to-equity ratio of 3.55, a current ratio of 1.19 and a quick ratio of 0.88. The company has a 50 day simple moving average of $10.31 and a 200-day simple moving average of $8.34. The company has a market capitalization of $991.59 million, a P/E ratio of -6.27 and a beta of 1.89.

Enviri (NYSE:NVRI) last released its quarterly earnings data on Tuesday, August 5th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.11). The firm had revenue of $562.25 million for the quarter, compared to analysts’ expectations of $576.50 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 down 7.9% on a year-over-year basis. During the same period last year, the firm posted $0.02 earnings per share. Enviri has set its FY 2025 guidance at -0.520–0.300 EPS. Q3 2025 guidance at -0.100-0.01 EPS. On average, equities research analysts predict that Enviri Corporation will post -0.13 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded Enviri from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $10.00.

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.