Bank of America Corp DE Has $55.41 Million Holdings in Avantor, Inc. $AVTR

Key Points

• Bank of America increased its Avantor stake by 24.3% in the first quarter, acquiring 1.38 million additional shares and bringing its holdings to 7.07 million shares valued at $55.41 million.
• Avantor reported quarterly earnings of $0.21 per share, exceeding estimates of $0.19, while revenue reached $1.69 billion. The company reaffirmed fiscal 2026 EPS guidance of $0.80–$0.83.
• Shares opened at $13.78, near the upper end of their 52-week range, but analyst sentiment remains cautious: the consensus rating is “Hold” with a $12.00 price target.

Bank of America Corp DE boosted its holdings in Avantor, Inc. (NYSE:AVTR - Free Report) by 24.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,067,563 shares of the company's stock after acquiring an additional 1,382,320 shares during the quarter. Bank of America Corp DE owned 1.04% of Avantor worth $55,410,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Private Management Group Inc. raised its position in Avantor by 50.4% in the 4th quarter. Private Management Group Inc. now owns 2,456,859 shares of the company's stock valued at $28,156,000 after buying an additional 823,572 shares during the last quarter. Brickwood Asset Management LLP lifted its stake in Avantor by 6,891.9% during the 4th quarter. Brickwood Asset Management LLP now owns 3,184,043 shares of the company's stock valued at $36,489,000 after acquiring an additional 3,138,504 shares in the last quarter. Agman Capital LLC purchased a new position in Avantor during the 4th quarter worth $3,915,000. Thornburg Investment Management Inc. grew its stake in shares of Avantor by 29.4% in the 4th quarter. Thornburg Investment Management Inc. now owns 576,959 shares of the company's stock worth $6,612,000 after acquiring an additional 131,186 shares in the last quarter. Finally, Sector Gamma AS grew its stake in shares of Avantor by 45.8% in the 4th quarter. Sector Gamma AS now owns 695,403 shares of the company's stock worth $7,969,000 after acquiring an additional 218,299 shares in the last quarter. Institutional investors and hedge funds own 95.08% of the company's stock.

Avantor Stock Performance

NYSE AVTR opened at $13.78 on Wednesday. Avantor, Inc. has a 52-week low of $7.26 and a 52-week high of $15.93. The company has a 50-day simple moving average of $10.93 and a 200 day simple moving average of $9.50. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.18 and a current ratio of 1.78. The company has a market capitalization of $9.32 billion, a PE ratio of -16.40, a price-to-earnings-growth ratio of 10.34 and a beta of 0.89.

Avantor (NYSE:AVTR - Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $0.21 earnings per share for the quarter, beating 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 firm had revenue of $1.69 billion for the quarter, compared to analysts' expectations of $1.61 billion. During the same period in the previous year, the company earned $0.24 earnings per share. The company'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. On average, research analysts predict that Avantor, Inc. will post 0.81 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on AVTR. Barclays increased their target price on shares of Avantor from $7.00 to $8.00 and gave the company an "underweight" rating in a report on Wednesday, June 24th. Wall Street Zen raised shares of Avantor from a "hold" rating to a "buy" rating in a research report on Saturday, June 27th. Wolfe Research raised shares of Avantor from a "strong sell" rating to a "hold" rating in a research report on Thursday, July 30th. Zacks Research upgraded shares of Avantor from a "strong sell" rating to a "hold" rating in a research note on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a $13.00 target price on shares of Avantor in a research report on Thursday, July 30th. Two investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $12.00.

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.

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