Voya Investment Management LLC Has $144,000 Stock Holdings in Enviri Corporation $NVRI

Voya Investment Management LLC cut its holdings in shares of Enviri Corporation (NYSE:NVRI) by 15.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,684 shares of the company’s stock after selling 3,827 shares during the period. Voya Investment Management LLC’s holdings in Enviri were worth $144,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Strs Ohio acquired a new stake in Enviri during the 1st quarter worth approximately $552,000. Jane Street Group LLC boosted its position in Enviri by 116.0% during the 1st quarter. Jane Street Group LLC now owns 207,329 shares of the company’s stock worth $1,379,000 after buying an additional 111,359 shares during the period. Empowered Funds LLC lifted its position in shares of Enviri by 3.1% in the 1st quarter. Empowered Funds LLC now owns 396,638 shares of the company’s stock worth $2,638,000 after purchasing an additional 11,762 shares during the period. Aristeia Capital L.L.C. acquired a new position in shares of Enviri in the 1st quarter worth approximately $334,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Enviri by 4.5% in the 1st 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. 93.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Enviri Stock Performance

NYSE:NVRI opened at $12.70 on Wednesday. The company has a fifty day moving average of $10.75 and a 200-day moving average of $8.64. The firm has a market capitalization of $1.02 billion, a P/E ratio of -6.48 and a beta of 1.89. 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 $12.84.

Enviri (NYSE:NVRI) last released its quarterly earnings data on Tuesday, August 5th. The company reported ($0.22) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.11). The company had revenue of $562.25 million during the quarter, compared to the consensus estimate of $576.50 million. Enviri had a negative net margin of 7.02% and a negative return on equity of 7.86%. The business’s revenue was down 7.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.02 EPS. Enviri has set its FY 2025 guidance at -0.520–0.300 EPS. Q3 2025 guidance at -0.100-0.01 EPS. As a group, sell-side analysts anticipate that Enviri Corporation will post -0.13 EPS for the current year.

Enviri Profile

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.