JPMorgan Chase & Co. Has $22.55 Million Holdings in Avantor, Inc. $AVTR

JPMorgan Chase & Co. grew its position in Avantor, Inc. (NYSE:AVTR) by 5.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,806,512 shares of the company’s stock after purchasing an additional 91,254 shares during the period. JPMorgan Chase & Co.’s holdings in Avantor were worth $22,545,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Natixis Advisors LLC lifted its holdings in shares of Avantor by 124.8% in the third quarter. Natixis Advisors LLC now owns 1,907,077 shares of the company’s stock valued at $23,800,000 after purchasing an additional 1,058,617 shares in the last quarter. Sector Gamma AS raised its position in Avantor by 28.0% during the third quarter. Sector Gamma AS now owns 477,104 shares of the company’s stock valued at $5,954,000 after buying an additional 104,466 shares during the period. Greenhaven Associates Inc. purchased a new stake in Avantor in the 3rd quarter worth about $228,528,000. Quantbot Technologies LP boosted its position in Avantor by 1,333.0% during the 3rd quarter. Quantbot Technologies LP now owns 246,494 shares of the company’s stock worth $3,076,000 after acquiring an additional 229,293 shares during the period. Finally, Voss Capital LP purchased a new position in Avantor during the 2nd quarter valued at about $6,057,000. 95.08% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AVTR has been the subject of a number of research analyst reports. Morgan Stanley set a $10.00 price target on shares of Avantor in a research report on Friday, February 13th. Evercore set a $10.00 target price on shares of Avantor in a research note on Wednesday, February 11th. UBS Group restated a “neutral” rating and set a $10.50 price target on shares of Avantor in a report on Thursday, February 12th. Barclays reaffirmed an “underweight” rating and issued a $8.50 price target on shares of Avantor in a research note on Friday, March 6th. Finally, TD Cowen reiterated a “hold” rating on shares of Avantor in a report on Thursday, February 12th. Three research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Avantor has an average rating of “Hold” and an average target price of $11.80.

Avantor Price Performance

Shares of NYSE:AVTR opened at $7.73 on Wednesday. The stock has a market capitalization of $5.27 billion, a P/E ratio of -9.90, a P/E/G ratio of 2.98 and a beta of 0.97. The business has a 50-day moving average of $9.73 and a two-hundred day moving average of $11.39. Avantor, Inc. has a fifty-two week low of $7.38 and a fifty-two week high of $16.54. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.78 and a quick ratio of 1.18.

Avantor (NYSE:AVTR) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $0.22 EPS for the quarter, beating 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 for the quarter, compared to analyst estimates of $1.64 billion. During the same quarter in the prior year, the firm posted $0.27 EPS. The firm’s revenue for the quarter was down 1.4% on a year-over-year basis. Avantor has set its FY 2026 guidance at 0.770-0.830 EPS. On average, equities research analysts predict that Avantor, Inc. will post 1.06 EPS for the current fiscal year.

Insider Buying and Selling at Avantor

In other news, Director Gregory L. Summe acquired 100,000 shares of Avantor stock in a transaction dated Thursday, February 12th. The stock was acquired at an average cost of $9.40 per share, for a total transaction of $940,000.00. Following the completion of the purchase, the director owned 400,000 shares of the company’s stock, valued at $3,760,000. This represents a 33.33% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Sanjeev K. Mehra acquired 125,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were purchased at an average cost of $8.01 per share, with a total value of $1,001,250.00. Following the completion of the acquisition, the director owned 475,000 shares in the company, valued at $3,804,750. This trade represents a 35.71% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 275,000 shares of company stock worth $2,399,250 over the last 90 days. Insiders own 1.20% 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.