Natixis Advisors LLC Raises Stock Holdings in Avantor, Inc. $AVTR

Natixis Advisors LLC boosted its holdings in shares of Avantor, Inc. (NYSE:AVTRFree Report) by 124.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,907,077 shares of the company’s stock after acquiring an additional 1,058,617 shares during the quarter. Natixis Advisors LLC’s holdings in Avantor were worth $23,800,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of AVTR. EverSource Wealth Advisors LLC grew its position in Avantor by 119.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,187 shares of the company’s stock valued at $29,000 after acquiring an additional 1,189 shares during the last quarter. Strategic Wealth Investment Group LLC bought a new stake in shares of Avantor during the second quarter worth $32,000. Osaic Holdings Inc. boosted its stake in shares of Avantor by 60.9% during the second 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 period. Farther Finance Advisors LLC boosted its stake in shares of Avantor by 172.1% during the third quarter. Farther Finance Advisors LLC now owns 3,709 shares of the company’s stock valued at $46,000 after purchasing an additional 2,346 shares during the period. Finally, Allworth Financial LP grew its holdings in shares of Avantor by 110.0% in the second quarter. Allworth Financial LP now owns 3,740 shares of the company’s stock worth $50,000 after purchasing an additional 1,959 shares during the last quarter. Institutional investors own 95.08% of the company’s stock.

Avantor Stock Up 2.1%

Shares of Avantor stock opened at $8.32 on Thursday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.78 and a quick ratio of 1.18. The stock has a market cap of $5.68 billion, a price-to-earnings ratio of -10.67, a PEG ratio of 3.20 and a beta of 0.97. The firm’s 50-day moving average is $10.51 and its two-hundred day moving average is $11.75. Avantor, Inc. has a 1 year low of $7.82 and a 1 year high of $17.11.

Avantor (NYSE:AVTRGet Free Report) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.21 by $0.01. Avantor had a negative net margin of 8.09% and a positive return on equity of 10.45%. The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.64 billion. During the same quarter in the previous year, the business posted $0.27 EPS. The company’s quarterly revenue was down 1.4% compared to the same quarter last year. Avantor has set its FY 2026 guidance at 0.770-0.830 EPS. As a group, research analysts expect that Avantor, Inc. will post 1.06 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently commented on AVTR shares. Jefferies Financial Group reaffirmed an “underperform” rating and issued a $8.00 price target on shares of Avantor in a research note on Thursday, February 12th. Citigroup dropped 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. Robert W. Baird set a $11.00 target price on shares of Avantor in a research report on Thursday, February 12th. Wells Fargo & Company decreased their price target on shares of Avantor from $16.00 to $14.00 and set an “overweight” rating for the company in a research note on Friday, February 13th. Finally, UBS Group reiterated a “neutral” rating and issued a $10.50 price target on shares of Avantor in a report on Thursday, February 12th. Three investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Avantor presently has a consensus rating of “Hold” and a consensus target price of $11.80.

Get Our Latest Research Report on Avantor

Insider Buying and Selling

In related news, Director Gregory L. Summe bought 100,000 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were acquired at an average price of $9.40 per share, with a total value of $940,000.00. Following the transaction, the director owned 400,000 shares of the company’s stock, valued at $3,760,000. The trade was a 33.33% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Sanjeev K. Mehra purchased 125,000 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was bought at an average price of $8.01 per share, for a total transaction of $1,001,250.00. Following the completion of the acquisition, the director directly owned 475,000 shares in the company, valued at approximately $3,804,750. This trade represents a 35.71% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired 275,000 shares of company stock valued at $2,399,250 over the last 90 days. Corporate insiders own 1.20% of the company’s stock.

About Avantor

(Free Report)

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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Institutional Ownership by Quarter for Avantor (NYSE:AVTR)

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