Rhumbline Advisers Has $21.65 Million Stock Holdings in Avantor, Inc. $AVTR

Rhumbline Advisers trimmed its holdings in shares of Avantor, Inc. (NYSE:AVTR) by 9.2% in the third quarter, according to its most recent filing with the SEC. The firm owned 1,734,641 shares of the company’s stock after selling 175,164 shares during the period. Rhumbline Advisers’ holdings in Avantor were worth $21,648,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. TD Private Client Wealth LLC lifted its stake in Avantor by 9.2% during the third quarter. TD Private Client Wealth LLC now owns 7,985 shares of the company’s stock worth $100,000 after purchasing an additional 670 shares during the period. TD Waterhouse Canada Inc. grew its position in Avantor by 2.5% in the third quarter. TD Waterhouse Canada Inc. now owns 38,977 shares of the company’s stock valued at $532,000 after acquiring an additional 966 shares during the period. SG Americas Securities LLC lifted its holdings in shares of Avantor by 2.7% during the second quarter. SG Americas Securities LLC now owns 37,078 shares of the company’s stock valued at $499,000 after acquiring an additional 979 shares during the period. Evergreen Capital Management LLC increased its position in shares of Avantor by 7.7% during the 3rd quarter. Evergreen Capital Management LLC now owns 14,347 shares of the company’s stock worth $179,000 after purchasing an additional 1,026 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in Avantor by 60.9% during the 2nd quarter. Osaic Holdings Inc. now owns 2,810 shares of the company’s stock valued at $38,000 after purchasing an additional 1,064 shares during the last quarter. Institutional investors own 95.08% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on AVTR. Bank of America lowered shares of Avantor from a “buy” rating to a “neutral” rating and set a $13.00 price objective for the company. in a report on Monday, December 15th. Robert W. Baird set a $11.00 target price on Avantor in a report on Thursday. Barclays lowered their price target on shares of Avantor from $12.00 to $9.00 and set an “equal weight” rating for the company in a report on Thursday. Raymond James Financial cut Avantor from an “outperform” rating to a “market perform” rating in a research note on Tuesday, November 4th. Finally, Evercore ISI set a $10.00 price objective on Avantor in a report on Wednesday, February 11th. Three investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $11.84.

Avantor Price Performance

Shares of NYSE AVTR opened at $9.19 on Tuesday. The firm has a market cap of $6.26 billion, a PE ratio of -11.78, a PEG ratio of 3.62 and a beta of 0.94. The company has a fifty day moving average price of $11.35 and a 200 day moving average price of $12.17. Avantor, Inc. has a 1-year low of $8.90 and a 1-year high of $18.36. The company has a current ratio of 1.78, a quick ratio of 1.18 and a debt-to-equity ratio of 0.70.

Avantor (NYSE:AVTR) last posted its quarterly earnings data 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. Avantor had a positive return on equity of 10.45% and a negative net margin of 8.09%.The business had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.64 billion. During the same period last year, the company earned $0.27 earnings per share. Avantor’s quarterly revenue was down 1.4% on a year-over-year basis. Avantor has set its FY 2026 guidance at 0.770-0.830 EPS. Research analysts predict that Avantor, Inc. will post 1.06 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Avantor news, Director Gregory L. Summe acquired 100,000 shares of Avantor stock in a transaction dated Thursday, February 12th. The stock was bought at an average cost of $9.40 per share, for a total transaction of $940,000.00. Following the purchase, the director directly owned 400,000 shares in the company, valued at approximately $3,760,000. This represents a 33.33% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Sanjeev K. Mehra acquired 350,000 shares of the firm’s stock in a transaction dated Friday, December 5th. The stock was bought at an average price of $11.09 per share, with a total value of $3,881,500.00. Following the acquisition, the director directly owned 350,000 shares in the company, valued at $3,881,500. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 1.20% of the stock is owned by company insiders.

Avantor 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.