Assenagon Asset Management S.A. Invests $41.49 Million in Avantor, Inc. $AVTR

Assenagon Asset Management S.A. purchased a new position in shares of Avantor, Inc. (NYSE:AVTR) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,620,455 shares of the company’s stock, valued at approximately $41,490,000.

Several other large investors have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its position in 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 shares of Avantor in the 2nd quarter valued at approximately $32,000. Osaic Holdings Inc. lifted its holdings in shares of Avantor by 60.9% in the 2nd quarter. Osaic Holdings Inc. now owns 2,810 shares of the company’s stock valued at $38,000 after buying an additional 1,064 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of Avantor by 172.1% in the third quarter. Farther Finance Advisors LLC now owns 3,709 shares of the company’s stock valued at $46,000 after buying an additional 2,346 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Avantor by 28.1% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,123 shares of the company’s stock worth $49,000 after acquiring an additional 905 shares during the period. 95.08% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Avantor

In other Avantor news, Director Gregory L. Summe purchased 100,000 shares of Avantor stock in a transaction on Thursday, February 12th. The shares were bought at an average price of $9.40 per share, with a total value of $940,000.00. Following the completion of the acquisition, the director directly owned 400,000 shares of the company’s stock, valued at approximately $3,760,000. This trade represents a 33.33% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sanjeev K. Mehra purchased 125,000 shares of the stock in a transaction dated Tuesday, March 10th. The stock was acquired at an average price of $8.01 per share, for a total transaction of $1,001,250.00. Following the completion of the transaction, the director directly owned 475,000 shares of the company’s stock, valued at approximately $3,804,750. The trade was a 35.71% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have acquired 275,000 shares of company stock valued at $2,399,250. Insiders own 1.20% of the company’s stock.

Avantor Stock Performance

Shares of AVTR stock opened at $7.68 on Thursday. The stock has a fifty day moving average price of $9.63 and a 200 day moving average price of $11.36. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.18 and a current ratio of 1.78. The stock has a market cap of $5.23 billion, a PE ratio of -9.84, a P/E/G ratio of 3.03 and a beta of 0.97. Avantor, Inc. has a 1 year low of $7.38 and a 1 year high of $16.44.

Avantor (NYSE:AVTR) last announced its quarterly earnings results on Wednesday, February 11th. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.01. The business 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%.The business’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter last year, the business posted $0.27 earnings per share. Avantor has set its FY 2026 guidance at 0.770-0.830 EPS. Sell-side analysts forecast that Avantor, Inc. will post 1.06 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

AVTR has been the subject of several research analyst reports. Citigroup cut their price objective on Avantor from $13.00 to $11.00 and set a “neutral” rating for the company in a research report on Thursday, February 12th. Zacks Research cut shares of Avantor from a “hold” rating to a “strong sell” rating in a research note on Friday, February 13th. Bank of America downgraded shares of Avantor from a “buy” rating to a “neutral” rating and set a $13.00 price target for the company. in a report on Monday, December 15th. Jefferies Financial Group reiterated an “underperform” rating and issued a $8.00 price objective on shares of Avantor in a research note on Thursday, February 12th. Finally, Robert W. Baird set a $11.00 price objective on shares of Avantor in a report on Thursday, February 12th. Three equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $11.80.

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.