Avantor, Inc. $AVTR Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC grew its holdings in Avantor, Inc. (NYSE:AVTR) by 250.3% in the third quarter, Holdings Channel reports. The institutional investor owned 129,876 shares of the company’s stock after acquiring an additional 92,798 shares during the quarter. SG Americas Securities LLC’s holdings in Avantor were worth $1,621,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Royal Bank of Canada increased its holdings in Avantor by 104.3% in the 1st quarter. Royal Bank of Canada now owns 203,738 shares of the company’s stock worth $3,302,000 after acquiring an additional 104,022 shares in the last quarter. Empowered Funds LLC grew its position in shares of Avantor by 40.3% in the first quarter. Empowered Funds LLC now owns 17,659 shares of the company’s stock valued at $286,000 after purchasing an additional 5,075 shares during the period. Parallel Advisors LLC increased its stake in shares of Avantor by 14.8% during the second quarter. Parallel Advisors LLC now owns 13,093 shares of the company’s stock worth $176,000 after purchasing an additional 1,691 shares in the last quarter. Swedbank AB increased its stake in shares of Avantor by 71.4% during the second quarter. Swedbank AB now owns 102,514 shares of the company’s stock worth $1,380,000 after purchasing an additional 42,700 shares in the last quarter. Finally, IFM Investors Pty Ltd raised its position in shares of Avantor by 5.3% during the 2nd quarter. IFM Investors Pty Ltd now owns 124,065 shares of the company’s stock worth $1,670,000 after purchasing an additional 6,238 shares during the last quarter. Hedge funds and other institutional investors own 95.08% of the company’s stock.

Analyst Upgrades and Downgrades

AVTR has been the subject of several research reports. Raymond James Financial lowered Avantor from an “outperform” rating to a “market perform” rating in a research note on Tuesday, November 4th. Robert W. Baird lifted their price target on Avantor from $15.00 to $17.00 and gave the stock an “outperform” rating in a research note on Friday, October 24th. Zacks Research raised Avantor from a “strong sell” rating to a “hold” rating in a research note on Monday, December 29th. UBS Group set a $12.00 price objective on Avantor in a report on Thursday, October 30th. Finally, Barclays reaffirmed an “equal weight” rating and set a $12.00 target price (down previously from $15.00) on shares of Avantor in a report on Thursday, October 30th. Three investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $13.60.

Avantor Stock Down 2.9%

Shares of AVTR opened at $12.03 on Friday. Avantor, Inc. has a 52-week low of $10.62 and a 52-week high of $23.32. The company has a quick ratio of 0.96, a current ratio of 1.49 and a debt-to-equity ratio of 0.65. The stock has a fifty day simple moving average of $11.50 and a two-hundred day simple moving average of $12.57. The company has a market capitalization of $8.20 billion, a PE ratio of -92.51, a price-to-earnings-growth ratio of 4.29 and a beta of 0.93.

Avantor (NYSE:AVTR) last announced its quarterly earnings data on Wednesday, October 29th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01). Avantor had a negative net margin of 1.25% and a positive return on equity of 10.91%. The firm had revenue of $1.62 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same period in the prior year, the company posted $0.26 EPS. The company’s revenue for the quarter was down 5.3% compared to the same quarter last year. Avantor has set its FY 2025 guidance at 0.880-0.920 EPS. As a group, equities analysts forecast that Avantor, Inc. will post 1.06 EPS for the current year.

Insider Activity at Avantor

In other Avantor news, Director Gregory L. Summe acquired 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The shares were purchased at an average cost of $11.25 per share, for a total transaction of $1,125,000.00. Following the completion of the acquisition, the director owned 300,000 shares of the company’s stock, valued at approximately $3,375,000. The trade was a 50.00% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Sanjeev K. Mehra bought 350,000 shares of the business’s stock in a transaction on Friday, December 5th. The shares were acquired at an average cost of $11.09 per share, with a total value of $3,881,500.00. Following the purchase, the director owned 350,000 shares of the company’s stock, valued at $3,881,500. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 1.20% of the company’s stock.

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.