Avantor, Inc. (NYSE:AVTR – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as $7.82 and last traded at $7.87, with a volume of 1146225 shares. The stock had previously closed at $8.17.
Analyst Upgrades and Downgrades
AVTR has been the topic of several 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. UBS Group reiterated a “neutral” rating and issued a $10.50 price objective on shares of Avantor in a report on Thursday, February 12th. Citigroup decreased their target price on shares of Avantor from $13.00 to $11.00 and set a “neutral” rating on the stock in a research note on Thursday, February 12th. Evercore set a $10.00 target price on Avantor in a report on Wednesday, February 11th. Finally, Zacks Research lowered Avantor from a “hold” rating to a “strong sell” rating in a research report on Friday, February 13th. Three research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $11.80.
Check Out Our Latest Report on Avantor
Avantor Stock Down 1.8%
Avantor (NYSE:AVTR – Get Free Report) last announced its quarterly earnings results on Wednesday, February 11th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.01. The business had revenue of $1.66 billion during 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%. The business’s revenue was down 1.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.27 EPS. Avantor has set its FY 2026 guidance at 0.770-0.830 EPS. Sell-side analysts anticipate that Avantor, Inc. will post 1.06 EPS for the current year.
Insider Buying and Selling at Avantor
In other Avantor news, Director Gregory T. Lucier purchased 50,000 shares of the stock in a transaction dated Thursday, February 19th. The stock was acquired at an average cost of $9.16 per share, for a total transaction of $458,000.00. Following the acquisition, the director owned 50,000 shares in the company, valued at $458,000. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gregory L. Summe acquired 100,000 shares of Avantor stock in a transaction that occurred on Thursday, February 12th. The stock was bought at an average price of $9.40 per share, for a total transaction of $940,000.00. Following the completion of the acquisition, the director owned 400,000 shares in the company, valued at $3,760,000. This trade represents a 33.33% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 1.20% of the stock is owned by company insiders.
Institutional Investors Weigh In On Avantor
A number of institutional investors have recently made changes to their positions in AVTR. EverSource Wealth Advisors LLC lifted its holdings in shares of Avantor by 119.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,187 shares of the company’s stock worth $29,000 after acquiring an additional 1,189 shares during the last quarter. Strategic Wealth Investment Group LLC purchased a new stake in Avantor in the second quarter valued at approximately $32,000. Private Trust Co. NA raised its position in Avantor by 46.2% in the fourth quarter. Private Trust Co. NA now owns 2,769 shares of the company’s stock valued at $32,000 after purchasing an additional 875 shares during the period. Osaic Holdings Inc. lifted its stake in Avantor by 60.9% during the second quarter. Osaic Holdings Inc. now owns 2,810 shares of the company’s stock worth $38,000 after purchasing an additional 1,064 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new position in Avantor during the fourth quarter worth $32,000. 95.08% of the stock is currently owned by institutional investors and hedge funds.
Avantor Company 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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