87,500 Shares in Avantor, Inc. $AVTR Acquired by EFG International AG

EFG International AG purchased a new position in shares of Avantor, Inc. (NYSE:AVTRFree Report) during the second quarter, HoldingsChannel.com reports. The fund purchased 87,500 shares of the company’s stock, valued at approximately $866,000.

A number of other hedge funds also recently made changes to their positions in AVTR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Avantor by 28.1% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,123 shares of the company’s stock valued at $49,000 after buying an additional 905 shares during the period. Osaic Holdings Inc. raised its position in shares of Avantor by 60.9% in the 2nd quarter. Osaic Holdings Inc. now owns 2,810 shares of the company’s stock worth $38,000 after buying an additional 1,064 shares during the period. UMB Bank n.a. raised its position in shares of Avantor by 17.6% in the 4th quarter. UMB Bank n.a. now owns 7,371 shares of the company’s stock worth $84,000 after buying an additional 1,101 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in Avantor by 119.1% in the second quarter. EverSource Wealth Advisors LLC now owns 2,187 shares of the company’s stock valued at $29,000 after acquiring an additional 1,189 shares during the last quarter. Finally, Public Employees Retirement System of Ohio boosted its holdings in Avantor by 0.6% in the third quarter. Public Employees Retirement System of Ohio now owns 206,386 shares of the company’s stock valued at $2,576,000 after acquiring an additional 1,279 shares during the last quarter. Institutional investors and hedge funds own 95.08% of the company’s stock.

Avantor Trading Up 0.6%

AVTR opened at $14.59 on Friday. The firm has a market capitalization of $9.87 billion, a P/E ratio of -17.37, a P/E/G ratio of 10.94 and a beta of 0.89. The firm’s 50 day moving average is $12.02 and its 200-day moving average is $9.74. Avantor, Inc. has a 52-week low of $7.26 and a 52-week high of $15.93. The company has a quick ratio of 1.18, a current ratio of 1.78 and a debt-to-equity ratio of 0.65.

Avantor (NYSE:AVTRGet Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.02. The business had revenue of $1.69 billion during the quarter, compared to the consensus estimate of $1.61 billion. Avantor had a negative net margin of 8.81% and a positive return on equity of 9.92%. The business’s quarterly revenue was up .5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.24 earnings per share. Avantor has set its FY 2026 guidance at 0.800-0.830 EPS. Analysts expect that Avantor, Inc. will post 0.81 EPS for the current fiscal year.

Analysts Set New Price Targets

AVTR has been the subject of a number of research reports. Zacks Research raised Avantor from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 30th. TD Cowen restated a “hold” rating on shares of Avantor in a report on Wednesday, July 15th. Jefferies Financial Group raised Avantor from an “underperform” rating to a “hold” rating and set a $13.00 price objective on the stock in a research note on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $13.00 target price on shares of Avantor in a research note on Thursday, July 30th. Finally, Wolfe Research upgraded shares of Avantor from a “strong sell” rating to a “hold” rating in a report on Thursday, July 30th. Two analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Avantor currently has a consensus rating of “Hold” and an average price target of $12.00.

Read Our Latest Stock Analysis on AVTR

Avantor 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.

See Also

Want to see what other hedge funds are holding AVTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Avantor, Inc. (NYSE:AVTRFree Report).

Institutional Ownership by Quarter for Avantor (NYSE:AVTR)

Receive News & Ratings for Avantor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avantor and related companies with MarketBeat.com's FREE daily email newsletter.