Dean Capital Management purchased a new position in Avantor, Inc. (NYSE:AVTR – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 92,349 shares of the company’s stock, valued at approximately $1,153,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada lifted its stake in Avantor by 104.3% in the first quarter. Royal Bank of Canada now owns 203,738 shares of the company’s stock valued at $3,302,000 after buying an additional 104,022 shares during the last quarter. Empowered Funds LLC grew its position in shares of Avantor by 40.3% during the first quarter. Empowered Funds LLC now owns 17,659 shares of the company’s stock worth $286,000 after acquiring an additional 5,075 shares during the last quarter. ProShare Advisors LLC grew its position in shares of Avantor by 4.2% during the second quarter. ProShare Advisors LLC now owns 30,213 shares of the company’s stock worth $407,000 after acquiring an additional 1,204 shares during the last quarter. Allworth Financial LP increased its holdings in shares of Avantor by 110.0% in the 2nd quarter. Allworth Financial LP now owns 3,740 shares of the company’s stock worth $50,000 after acquiring an additional 1,959 shares during the period. Finally, Geode Capital Management LLC lifted its position in Avantor by 0.9% in the 2nd quarter. Geode Capital Management LLC now owns 11,905,647 shares of the company’s stock valued at $159,751,000 after purchasing an additional 109,207 shares during the last quarter. Institutional investors and hedge funds own 95.08% of the company’s stock.
Wall Street Analysts Forecast Growth
AVTR has been the subject of a number of analyst reports. Citigroup reduced their target price on shares of Avantor from $13.00 to $11.00 and set a “neutral” rating for the company in a research note on Thursday, February 12th. Jefferies Financial Group restated an “underperform” rating and issued a $8.00 price target on shares of Avantor in a research note on Thursday, February 12th. Evercore set a $10.00 price target on Avantor in a report on Wednesday, February 11th. Robert W. Baird set a $11.00 price objective on Avantor in a research report on Thursday, February 12th. Finally, Zacks Research lowered Avantor from a “hold” rating to a “strong sell” rating in a report on Friday, February 13th. Three research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Avantor has an average rating of “Hold” and a consensus target price of $11.80.
Insider Buying and Selling
In other news, Director Gregory L. Summe purchased 100,000 shares of the stock in a transaction dated Thursday, February 12th. The shares were bought at an average cost of $9.40 per share, for a total transaction of $940,000.00. Following the transaction, the director owned 400,000 shares in the company, valued at $3,760,000. This trade represents a 33.33% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Sanjeev K. Mehra acquired 125,000 shares of the company’s stock in a transaction dated Tuesday, March 10th. The stock was purchased at an average cost of $8.01 per share, for a total transaction of $1,001,250.00. Following the purchase, the director directly owned 475,000 shares in the company, valued at approximately $3,804,750. This represents a 35.71% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought a total of 275,000 shares of company stock valued at $2,399,250 over the last quarter. Corporate insiders own 1.20% of the company’s stock.
Avantor Stock Up 0.5%
Avantor stock opened at $7.94 on Monday. The stock has a market cap of $5.41 billion, a price-to-earnings ratio of -10.18, a PEG ratio of 3.11 and a beta of 0.97. 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 company’s 50-day moving average price is $10.36 and its two-hundred day moving average price is $11.66. Avantor, Inc. has a 52 week low of $7.82 and a 52 week high of $17.11.
Avantor (NYSE:AVTR – Get Free Report) last released its quarterly earnings results on Wednesday, February 11th. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.01. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.64 billion. Avantor had a negative net margin of 8.09% and a positive return on equity of 10.45%. Avantor’s revenue was down 1.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.27 EPS. Avantor has set its FY 2026 guidance at 0.770-0.830 EPS. On average, analysts expect that Avantor, Inc. will post 1.06 EPS for the current fiscal year.
Avantor Profile
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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