Shares of Avantor, Inc. (NYSE:AVTR – Get Free Report) have been given an average rating of “Hold” by the sixteen research firms that are covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $11.80.
Several brokerages have recently issued reports on AVTR. Citigroup reduced their price target on shares of Avantor from $13.00 to $11.00 and set a “neutral” rating on the stock in a research report on Thursday, February 12th. Stifel Nicolaus set a $10.00 target price on Avantor in a research note on Thursday, February 12th. Jefferies Financial Group reaffirmed an “underperform” rating and issued a $8.00 price target on shares of Avantor in a research report on Thursday, February 12th. Bank of America downgraded Avantor from a “buy” rating to a “neutral” rating and set a $13.00 price objective for the company. in a research report on Monday, December 15th. Finally, Morgan Stanley set a $10.00 target price on shares of Avantor in a research note on Friday, February 13th.
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Avantor Trading Down 1.4%
Avantor (NYSE:AVTR – Get Free Report) last announced its earnings results on Wednesday, February 11th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.01. The company had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.64 billion. Avantor had a positive return on equity of 10.45% and a negative net margin of 8.09%.Avantor’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same period last year, the business posted $0.27 EPS. Avantor has set its FY 2026 guidance at 0.770-0.830 EPS. On average, equities analysts forecast that Avantor will post 1.06 earnings per share for the current year.
Insiders Place Their Bets
In other news, Director Sanjeev K. Mehra acquired 125,000 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The stock was acquired at an average cost of $8.01 per share, with a total value of $1,001,250.00. Following the transaction, the director owned 475,000 shares in the company, valued at approximately $3,804,750. This trade represents a 35.71% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Gregory L. Summe acquired 100,000 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were purchased at an average cost of $9.40 per share, with a total value of $940,000.00. Following the completion of the transaction, the director owned 400,000 shares in the company, valued at approximately $3,760,000. The trade was a 33.33% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought 275,000 shares of company stock worth $2,399,250 in the last 90 days. Corporate insiders own 1.20% of the company’s stock.
Hedge Funds Weigh In On Avantor
Several large investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC raised its stake 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 buying an additional 1,189 shares in the last quarter. Private Trust Co. NA boosted its position in shares of Avantor by 46.2% during the 4th quarter. Private Trust Co. NA now owns 2,769 shares of the company’s stock worth $32,000 after acquiring an additional 875 shares in the last quarter. Strategic Wealth Investment Group LLC purchased a new position in shares of Avantor in the 2nd quarter valued at about $32,000. Los Angeles Capital Management LLC purchased a new position in shares of Avantor in the 4th quarter valued at about $32,000. Finally, Osaic Holdings Inc. raised its position in shares of Avantor by 60.9% during the 2nd quarter. Osaic Holdings Inc. now owns 2,810 shares of the company’s stock worth $38,000 after acquiring an additional 1,064 shares in the last quarter. Hedge funds and other institutional investors own 95.08% of the company’s stock.
About Avantor
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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