Davenport & Co LLC reported beneficial ownership of 2,756,270 shares of Enovis common stock, representing 4.83% of the class. The filer discloses sole voting power over 2,730,225 shares and sole dispositive power over 2,756,145 shares. The statement is filed on Schedule 13G as an investment adviser and indicates the holding is 5% or less of the class.
This filing also contains a certification that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Enovis Corp. (ENOV) – Form 4 filing dated 08/07/2025
Group President, Recon, Louis Vogt reported one transaction on 08/05/2025. The Form 4 shows an F-code entry—shares withheld by the company to cover tax obligations arising from the net settlement of previously granted restricted stock units.
- Securities withheld: 460 common shares
- Price applied for withholding: $26.46 per share
- Post-transaction direct holdings: 36,385 common shares
Enovis Corporation (ENOV) filed a Form 4 disclosing an insider withholding transaction by reporting person John Kleckner, identified as the company's Principal Accounting Officer. On 08/05/2025, 173 shares of Enovis common stock were withheld in connection with the net settlement of restricted stock units to satisfy tax withholding obligations at a per‑share amount of $26.46. The filing explicitly notes this action does not represent a sale by the reporting person.
After the withholding, Mr. Kleckner beneficially owned 9,834 shares of Enovis common stock, held directly. The Form 4 was signed by attorney‑in‑fact Brian P. Hanigan on 08/07/2025. The filing includes the reporting person’s address in Wilmington, DE.
Ross Terry D, Group President, P&R, of Enovis Corporation (ENOV) reported a Form 4 transaction dated 08/05/2025. The filing shows 325 common shares were withheld by the company to satisfy tax withholding in connection with the net settlement of restricted stock units, at a per-share price of $26.46. Following this withholding, the reporting person is shown as beneficially owning 35,789 shares. The form was filed by one reporting person and signed by attorney-in-fact Brian P. Hanigan on 08/07/2025.
The filing explicitly states the withheld shares do not represent a sale by the reporting person.
Enovis (ENOV) Q2 2025 10-Q highlights: Net sales grew 7.5% YoY to $564.5 million, led by Reconstructive (+10.7%) and steady Prevention & Recovery (+4.6%). Gross profit rose 15.9% to $334.7 million, lifting gross margin to 59.3% (vs. 55.0%). Operating loss narrowed to $16.8 million from $44.2 million on flat SG&A, but a $10.0 million royalty-buyout charge, higher R&D and intangible amortization kept GAAP earnings negative.
The company reported a net loss attributable to Enovis of $36.7 million (-$0.64 per share) versus $18.6 million (-$0.34) last year, driven by a $10.8 million tax expense versus an $8.9 million benefit in the prior period and hedging losses. Adjusted EBITDA improved 7.7% to $97.1 million. Operating cash flow swung to an inflow of $46.2 million (-$28.4 million LY) as working-capital efficiencies offset higher inventory. Cash ended at $44.1 million; total debt increased to $1.39 billion, lifting net debt by $84 million since year-end.
Balance-sheet expansion reflects completion of seven small acquisitions ($35 million consideration) and Lima integration costs. Inventories climbed 15% YTD, while goodwill and intangibles rose after bolt-on deals. Management remains in compliance with leverage covenants (senior secured leverage ≤3.5×) and has $325 million undrawn on its $900 million revolver.
Enovis Corporation (ENOV) filed a Form 8-K on 7 Aug 2025 to furnish Item 2.02 information. The filing states that a press release detailing Q2 FY25 results (quarter ended 4 Jul 2025) was issued the same day and is included as Exhibit 99.1. Management will host a conference call at 8:30 a.m. ET on 7 Aug 2025 to discuss those results. No financial figures, guidance, or qualitative commentary are provided within the 8-K itself. Exhibit 104 indicates the cover page is formatted in Inline XBRL.
The 8-K therefore serves solely as a procedural furnishing of the earnings release and does not, on its own, reveal performance metrics or forward-looking statements.