Rep. Gilbert Ray Cisneros, Jr. Sells DENTSPLY SIRONA Inc. (NASDAQ:XRAY) Shares

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of DENTSPLY SIRONA Inc. (NASDAQ:XRAY). In a filing disclosed on February 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in DENTSPLY SIRONA stock on January 7th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of ICF International NASDAQ: ICFI on 2/3/2025.
• Purchased $15,001 - $50,000 in shares of CACI International NYSE: CACI on 1/31/2025.
• Purchased $50,001 - $100,000 in shares of Hawaiian Electric Industries NYSE: HE on 1/31/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 1/30/2025.
• Purchased $1,001 - $15,000 in shares of Intuitive Surgical NASDAQ: ISRG on 1/30/2025.
• Purchased $1,001 - $15,000 in shares of Agios Pharmaceuticals NASDAQ: AGIO on 1/29/2025.
• Purchased $1,001 - $15,000 in shares of SpringWorks Therapeutics NASDAQ: SWTX on 1/29/2025.
• Purchased $1,001 - $15,000 in shares of Paragon 28 NYSE: FNA on 1/29/2025.
• Purchased $1,001 - $15,000 in shares of U.S. Physical Therapy NYSE: USPH on 1/29/2025.
• Purchased $1,001 - $15,000 in shares of Crinetics Pharmaceuticals NASDAQ: CRNX on 1/29/2025.

DENTSPLY SIRONA Stock Down 2.4 %

DENTSPLY SIRONA stock traded down $0.45 during mid-day trading on Friday, reaching $18.32. The stock had a trading volume of 2,580,852 shares, compared to its average volume of 2,164,900. The company has a market capitalization of $3.64 billion, a price-to-earnings ratio of -8.85, a PEG ratio of 1.83 and a beta of 0.96. The company has a 50-day moving average price of $19.02 and a two-hundred day moving average price of $21.89. DENTSPLY SIRONA Inc. has a one year low of $17.21 and a one year high of $34.91. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.25 and a quick ratio of 0.84.

DENTSPLY SIRONA Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, December 27th were issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.49%. The ex-dividend date of this dividend was Friday, December 27th. DENTSPLY SIRONA's dividend payout ratio (DPR) is presently -30.92%.

Institutional Investors Weigh In On DENTSPLY SIRONA

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC increased its position in shares of DENTSPLY SIRONA by 1,080.5% during the 4th quarter. Jane Street Group LLC now owns 373,423 shares of the medical instruments supplier's stock valued at $7,088,000 after purchasing an additional 341,790 shares during the last quarter. Comerica Bank boosted its stake in DENTSPLY SIRONA by 41.2% in the 4th quarter. Comerica Bank now owns 225,080 shares of the medical instruments supplier's stock worth $4,272,000 after purchasing an additional 65,709 shares during the period. AQR Capital Management LLC boosted its stake in DENTSPLY SIRONA by 245.1% in the 4th quarter. AQR Capital Management LLC now owns 2,893,023 shares of the medical instruments supplier's stock worth $54,389,000 after purchasing an additional 2,054,767 shares during the period. Northern Trust Corp boosted its stake in DENTSPLY SIRONA by 14.9% in the 4th quarter. Northern Trust Corp now owns 2,082,391 shares of the medical instruments supplier's stock worth $39,524,000 after purchasing an additional 269,502 shares during the period. Finally, Tudor Investment Corp ET AL bought a new position in DENTSPLY SIRONA in the 4th quarter worth approximately $1,426,000. Hedge funds and other institutional investors own 95.70% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on XRAY. Mizuho began coverage on shares of DENTSPLY SIRONA in a research note on Wednesday, December 4th. They issued a "neutral" rating and a $21.00 price target on the stock. Leerink Partners cut shares of DENTSPLY SIRONA from an "outperform" rating to a "market perform" rating in a research note on Thursday, November 7th. Needham & Company LLC reiterated a "buy" rating and issued a $25.00 price target on shares of DENTSPLY SIRONA in a research note on Tuesday, February 11th. Jefferies Financial Group cut shares of DENTSPLY SIRONA from a "buy" rating to a "hold" rating and dropped their price target for the stock from $30.00 to $20.00 in a research note on Thursday, January 23rd. Finally, Leerink Partnrs cut shares of DENTSPLY SIRONA from a "strong-buy" rating to a "hold" rating in a research note on Thursday, November 7th. Ten equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, DENTSPLY SIRONA currently has an average rating of "Hold" and a consensus price target of $25.85.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

DENTSPLY SIRONA Company Profile

DENTSPLY SIRONA Inc manufactures and sells various dental products and technologies worldwide. It operates in four segments: Connected Technology Solutions, Essential Dental Solutions, Orthodontic and Implant Solutions, and Wellspect Healthcare. The company offers dental equipment comprising imaging equipment, motorized dental handpieces, treatment centers, other instruments, amalgamators, mixing machines, and porcelain furnaces; and dental CAD/CAM technologies to support dental restorations, such as intraoral scanners, 3-D printers, mills, other software and services, and a full-chairside economical restoration of esthetic ceramic dentistry, as well as DS Core, its cloud-based platform.