Avantor (NYSE:AVTR) Director Acquires $458,000.00 in Stock

Avantor, Inc. (NYSE:AVTR) Director Gregory Lucier bought 50,000 shares of the company’s stock in a transaction on Thursday, February 19th. The shares were acquired at an average price of $9.16 per share, with a total value of $458,000.00. Following the transaction, the director directly owned 50,000 shares of the company’s stock, valued at approximately $458,000. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Avantor Stock Down 1.6%

Avantor stock traded down $0.14 during midday trading on Monday, hitting $8.89. 11,904,095 shares of the company’s stock were exchanged, compared to its average volume of 14,384,350. 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 company has a market cap of $6.06 billion, a PE ratio of -11.40, a P/E/G ratio of 3.56 and a beta of 0.94. The firm has a 50-day moving average of $11.19 and a two-hundred day moving average of $12.10. Avantor, Inc. has a 12 month low of $8.83 and a 12 month high of $18.02.

Avantor (NYSE:AVTR) last posted its quarterly earnings data on Wednesday, February 11th. The company reported $0.22 EPS for the quarter, topping 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 firm 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. Avantor’s revenue was down 1.4% on a year-over-year basis. Avantor has set its FY 2026 guidance at 0.770-0.830 EPS. As a group, analysts expect that Avantor, Inc. will post 1.06 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Avantor

A number of institutional investors and hedge funds have recently modified their holdings of AVTR. EverSource Wealth Advisors LLC boosted its position in Avantor by 119.1% during the second 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 in the last quarter. Private Trust Co. NA boosted its position in shares of Avantor by 46.2% in the 4th quarter. Private Trust Co. NA now owns 2,769 shares of the company’s stock worth $32,000 after buying an additional 875 shares in the last quarter. Strategic Wealth Investment Group LLC acquired a new stake in Avantor in the 2nd quarter valued at about $32,000. Los Angeles Capital Management LLC purchased a new position in Avantor during the 4th quarter valued at about $32,000. Finally, Osaic Holdings Inc. lifted its holdings in shares of Avantor by 60.9% in 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 in the last quarter. Institutional investors and hedge funds own 95.08% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Bank of America lowered Avantor from a “buy” rating to a “neutral” rating and set a $13.00 target price for the company. in a research note on Monday, December 15th. Wells Fargo & Company cut their target price on shares of Avantor from $16.00 to $14.00 and set an “overweight” rating for the company in a report on Friday, February 13th. Citigroup dropped their price target on shares of Avantor from $13.00 to $11.00 and set a “neutral” rating on the stock in a research report on Thursday, February 12th. Evercore set a $10.00 price target on Avantor in a report on Wednesday, February 11th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $12.00 price target (down previously from $14.00) on shares of Avantor in a research note on Thursday, October 30th. Three research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Avantor has an average rating of “Hold” and an average price target of $11.83.

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.