Natixis Advisors LLC Acquires 1,485 Shares of EVI Industries, Inc. (NYSEAMERICAN:EVI)

Natixis Advisors LLC increased its holdings in EVI Industries, Inc. (NYSEAMERICAN:EVI) by 4.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 33,726 shares of the industrial products company’s stock after purchasing an additional 1,485 shares during the period. Natixis Advisors LLC’s holdings in EVI Industries were worth $652,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Gladius Capital Management LP acquired a new stake in EVI Industries during the 2nd quarter valued at approximately $29,000. American International Group Inc. increased its position in shares of EVI Industries by 35.6% during the first quarter. American International Group Inc. now owns 3,195 shares of the industrial products company’s stock worth $80,000 after buying an additional 838 shares during the period. Northwestern Mutual Wealth Management Co. bought a new position in EVI Industries during the second quarter worth $158,000. Bard Associates Inc. acquired a new position in EVI Industries in the third quarter valued at $223,000. Finally, Renaissance Technologies LLC boosted its position in EVI Industries by 18.7% during the second quarter. Renaissance Technologies LLC now owns 13,765 shares of the industrial products company’s stock valued at $260,000 after acquiring an additional 2,168 shares during the last quarter. Institutional investors own 37.30% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised EVI Industries from a “hold” rating to a “buy” rating in a research report on Tuesday, November 19th.

EVI Industries Stock Performance

EVI Industries stock opened at $19.06 on Thursday. The company has a market cap of $271.22 million, a price-to-earnings ratio of 37.78 and a beta of 0.34. EVI Industries, Inc. has a 52-week low of $14.51 and a 52-week high of $27.00. The company has a current ratio of 1.44, a quick ratio of 0.79 and a debt-to-equity ratio of 0.15.

EVI Industries (NYSEAMERICAN:EVI) last issued its earnings results on Thursday, September 12th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter. The business had revenue of $90.15 million for the quarter. EVI Industries had a net margin of 2.11% and a return on equity of 5.65%.

EVI Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 7th. Stockholders of record on Thursday, September 26th were paid a $0.31 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.24 annualized dividend and a dividend yield of 6.51%.

EVI Industries Company Profile

EVI Industries, Inc, through its subsidiaries, engages in the distribution, sale, rental, and lease of commercial and industrial laundry and dry-cleaning equipment in the United States, Canada, the Caribbean, and Latin America. The company sells and/or leases commercial laundry equipment specializing in washing, drying, finishing, material handling, water heating, power generation, and water reuse applications.