Avantor, Inc. $AVTR Shares Newly Acquired by Moody National Bank Trust Division

Key Points

• Moody National Bank Trust Division acquired 120,292 Avantor shares worth approximately $1.81 million during the third quarter. Institutional investors collectively own 95.08% of the company.
• Analysts maintain a broadly cautious view, with 15 Hold ratings, two Buys, and one Sell. The consensus price target is $12.47, despite targets ranging as high as $16.00.
• Avantor shares opened at $15.46 after recently trading down 2.2%. The company exceeded quarterly earnings and revenue expectations, reporting $0.21 EPS and $1.69 billion in revenue.

Moody National Bank Trust Division bought a new stake in shares of Avantor, Inc. (NYSE:AVTR - Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The fund bought 120,292 shares of the company's stock, valued at approximately $1,810,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. SJS Investment Consulting Inc. grew its stake in shares of Avantor by 1,599.7% in the 1st quarter. SJS Investment Consulting Inc. now owns 5,235 shares of the company's stock valued at $41,000 after purchasing an additional 4,927 shares during the period. IFP Advisors Inc lifted its position in shares of Avantor by 901.4% during the 2nd quarter. IFP Advisors Inc now owns 5,858 shares of the company's stock worth $58,000 after buying an additional 5,273 shares during the period. State of Wyoming acquired a new stake in Avantor in the 2nd quarter valued at $74,000. Parallel Advisors LLC boosted its stake in Avantor by 21.4% in the 1st quarter. Parallel Advisors LLC now owns 8,452 shares of the company's stock valued at $66,000 after buying an additional 1,491 shares in the last quarter. Finally, Versant Capital Management Inc grew its position in Avantor by 372.1% in the second quarter. Versant Capital Management Inc now owns 9,073 shares of the company's stock valued at $90,000 after acquiring an additional 7,151 shares during the period. Institutional investors own 95.08% of the company's stock.

Analysts Set New Price Targets

Several research analysts have issued reports on AVTR shares. Wells Fargo & Company increased their price objective on Avantor from $14.00 to $16.00 and gave the stock an "overweight" rating in a research note on Thursday, July 30th. Barclays upped their target price on shares of Avantor from $7.00 to $8.00 and gave the stock an "underweight" rating in a report on Wednesday, June 24th. UBS Group began coverage on shares of Avantor in a research report on Wednesday, September 9th. They set a "neutral" rating and a $16.00 target price for the company. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a $13.00 price target on shares of Avantor in a report on Thursday, July 30th. Finally, Stifel Nicolaus upped their price objective on shares of Avantor from $8.00 to $15.00 and gave the stock a "hold" rating in a research note on Thursday, July 30th. Two investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $12.47.

Avantor Trading Down 2.2%

AVTR opened at $15.46 on Wednesday. Avantor, Inc. has a 1-year low of $7.26 and a 1-year high of $16.38. The stock has a market capitalization of $10.45 billion, a PE ratio of -18.40, a PEG ratio of 11.93 and a beta of 0.94. The company has a current ratio of 1.78, a quick ratio of 1.18 and a debt-to-equity ratio of 0.65. The firm has a 50-day moving average price of $14.58 and a two-hundred day moving average price of $10.97.

Avantor (NYSE:AVTR - Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.19 by $0.02. Avantor had a negative net margin of 8.81% and a positive return on equity of 9.92%. The company had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same period in the prior year, the business earned $0.24 earnings per share. Avantor's quarterly revenue was up .5% on a year-over-year basis. Avantor has set its FY 2026 guidance at 0.800-0.830 EPS. As a group, equities analysts anticipate that Avantor, Inc. will post 0.81 earnings per share for the current fiscal year.

Avantor Profile

Avantor, Inc is a global provider of products, services and solutions used in the life sciences and advanced technology industries. The company supplies materials and equipment that support research, drug discovery and development, biopharmaceutical manufacturing, clinical and diagnostic activities, and other laboratory applications.

Its offerings include laboratory chemicals and reagents, consumables, single-use manufacturing technologies, bioprocessing products, equipment, and related services.

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