Public Sector Pension Investment Board Boosts Stock Position in Enviri Corporation $NVRI

Public Sector Pension Investment Board raised its stake in Enviri Corporation (NYSE:NVRI) by 26.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 254,114 shares of the company’s stock after purchasing an additional 53,423 shares during the period. Public Sector Pension Investment Board owned 0.32% of Enviri worth $1,690,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. D. E. Shaw & Co. Inc. grew its stake in shares of Enviri by 30.5% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 4,825,488 shares of the company’s stock worth $37,156,000 after acquiring an additional 1,127,647 shares during the last quarter. Hsbc Holdings PLC grew its stake in shares of Enviri by 5,438.2% during the fourth quarter. Hsbc Holdings PLC now owns 903,051 shares of the company’s stock worth $6,873,000 after acquiring an additional 886,745 shares during the last quarter. Mill Road Capital Management LLC grew its stake in shares of Enviri by 82.6% during the fourth quarter. Mill Road Capital Management LLC now owns 1,795,131 shares of the company’s stock worth $13,823,000 after acquiring an additional 811,859 shares during the last quarter. Paradigm Capital Management Inc. NY grew its stake in shares of Enviri by 14.4% during the fourth quarter. Paradigm Capital Management Inc. NY now owns 4,475,900 shares of the company’s stock worth $34,464,000 after acquiring an additional 563,100 shares during the last quarter. Finally, Meros Investment Management LP grew its stake in shares of Enviri by 192.1% during the fourth quarter. Meros Investment Management LP now owns 833,275 shares of the company’s stock worth $6,416,000 after acquiring an additional 547,985 shares during the last quarter. Hedge funds and other institutional investors own 93.43% of the company’s stock.

Enviri Trading Up 1.6%

Enviri stock opened at $10.3630 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 52 week low of $4.72 and a 52 week high of $11.95. The company has a market capitalization of $835.78 million, a price-to-earnings ratio of -5.29 and a beta of 1.77. The stock has a 50-day moving average price of $9.00 and a 200 day moving average price of $7.79.

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

Wall Street Analysts Forecast Growth

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

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.