Ontario Teachers Pension Plan Board Invests $3.68 Million in Avantor, Inc. $AVTR

Ontario Teachers Pension Plan Board acquired a new position in Avantor, Inc. (NYSE:AVTRFree Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 294,746 shares of the company’s stock, valued at approximately $3,678,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. EverSource Wealth Advisors LLC increased its holdings in shares of Avantor by 119.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,187 shares of the company’s stock worth $29,000 after purchasing an additional 1,189 shares during the period. Strategic Wealth Investment Group LLC acquired a new stake in Avantor during the second quarter worth about $32,000. FNY Investment Advisers LLC bought a new position in Avantor during the second quarter valued at about $36,000. Osaic Holdings Inc. increased its stake in Avantor by 60.9% during the second quarter. Osaic Holdings Inc. now owns 2,810 shares of the company’s stock valued at $38,000 after acquiring an additional 1,064 shares during the period. Finally, Farther Finance Advisors LLC raised its holdings in Avantor by 172.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,709 shares of the company’s stock valued at $46,000 after acquiring an additional 2,346 shares in the last quarter. Institutional investors own 95.08% of the company’s stock.

Insider Transactions at Avantor

In related news, Director Gregory L. Summe purchased 100,000 shares of Avantor stock in a transaction that occurred on Thursday, February 12th. The shares were acquired at an average price of $9.40 per share, for a total transaction of $940,000.00. Following the transaction, the director directly owned 400,000 shares in the company, valued at approximately $3,760,000. This represents a 33.33% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Sanjeev K. Mehra acquired 350,000 shares of the stock in a transaction on Friday, December 5th. The stock was bought at an average price of $11.09 per share, with a total value of $3,881,500.00. Following the transaction, the director directly owned 350,000 shares in the company, valued at approximately $3,881,500. This represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders own 1.20% of the company’s stock.

Avantor Stock Performance

NYSE AVTR opened at $9.28 on Thursday. Avantor, Inc. has a 1-year low of $8.90 and a 1-year high of $18.02. The company has a 50 day moving average of $11.27 and a 200-day moving average of $12.13. The company has a current ratio of 1.78, a quick ratio of 1.18 and a debt-to-equity ratio of 0.70. The firm has a market cap of $6.33 billion, a price-to-earnings ratio of -11.90, a PEG ratio of 3.56 and a beta of 0.94.

Avantor (NYSE:AVTRGet Free Report) last announced its earnings results on Wednesday, February 11th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.21 by $0.01. Avantor had a positive return on equity of 10.45% and a negative net margin of 8.09%.The business had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.64 billion. During the same period in the previous year, the business earned $0.27 EPS. Avantor’s revenue was down 1.4% compared to the same quarter last year. Avantor has set its FY 2026 guidance at 0.770-0.830 EPS. On average, equities analysts forecast that Avantor, Inc. will post 1.06 earnings per share for the current fiscal year.

Analyst Ratings Changes

AVTR has been the topic of a number of recent research reports. Bank of America downgraded shares of Avantor from a “buy” rating to a “neutral” rating and set a $13.00 price target on the stock. in a research note on Monday, December 15th. Raymond James Financial downgraded shares of Avantor from an “outperform” rating to a “market perform” rating in a report on Tuesday, November 4th. Jefferies Financial Group reiterated an “underperform” rating and set a $8.00 target price on shares of Avantor in a research report on Thursday, February 12th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $12.00 price target (down previously from $14.00) on shares of Avantor in a research report on Thursday, October 30th. Finally, Robert W. Baird set a $11.00 price objective on Avantor in a report on Thursday, February 12th. Three investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Avantor presently has a consensus rating of “Hold” and a consensus target price of $11.83.

Read Our Latest Stock Analysis on AVTR

Avantor Company Profile

(Free Report)

Avantor, Inc (NYSE:AVTR) is a global provider of mission-critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries. The company delivers essential solutions that support research, development, production and safety applications. Its product portfolio spans from high-purity chemicals and reagents to biologics and cell culture media, as well as lab equipment, consumables and custom manufacturing services.

Avantor’s offerings are organized across two primary segments.

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Institutional Ownership by Quarter for Avantor (NYSE:AVTR)

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