Bank of New York Mellon Corp Takes $40.80 Million Position in Avantor, Inc. $AVTR

Key Points

• Bank of New York Mellon purchased 4.12 million Avantor shares worth approximately $40.8 million, representing about 0.61% of the company. Institutional investors collectively own 95.08% of AVTR.
• Avantor’s latest quarterly results exceeded expectations, with adjusted EPS of $0.21 versus the $0.19 consensus and revenue of $1.69 billion versus estimates of $1.61 billion. The company maintained fiscal 2026 EPS guidance of $0.80–$0.83.
• AVTR shares opened at $14.60, above the analyst consensus target of $12.00. Despite several target-price increases, analysts remain cautious, with a consensus rating of Hold from two Buy, fifteen Hold, and one Sell ratings.

Bank of New York Mellon Corp purchased a new stake in Avantor, Inc. (NYSE:AVTR - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 4,121,222 shares of the company's stock, valued at approximately $40,800,000. Bank of New York Mellon Corp owned approximately 0.61% of Avantor at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in AVTR. Wellington Management Group LLP acquired a new stake in shares of Avantor in the fourth quarter valued at about $268,584,000. Morgan Stanley lifted its position in Avantor by 179.4% during the 4th quarter. Morgan Stanley now owns 17,468,418 shares of the company's stock worth $200,188,000 after acquiring an additional 11,216,565 shares in the last quarter. Engine Capital Management LP boosted its holdings in Avantor by 65.8% in the 1st quarter. Engine Capital Management LP now owns 19,780,830 shares of the company's stock worth $155,082,000 after acquiring an additional 7,853,018 shares during the period. Norges Bank acquired a new stake in Avantor in the fourth quarter valued at approximately $73,322,000. Finally, Bank of America Corp DE raised its stake in shares of Avantor by 122.0% during the second quarter. Bank of America Corp DE now owns 7,495,095 shares of the company's stock valued at $100,884,000 after purchasing an additional 4,119,522 shares during the period. 95.08% of the stock is owned by hedge funds and other institutional investors.

Avantor Price Performance

Shares of NYSE:AVTR opened at $14.60 on Friday. The stock has a market cap of $9.87 billion, a price-to-earnings ratio of -17.38, a PEG ratio of 11.03 and a beta of 0.89. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.78 and a quick ratio of 1.18. Avantor, Inc. has a 12 month low of $7.26 and a 12 month high of $15.93. The stock's 50 day moving average price is $12.12 and its 200 day moving average price is $9.77.

Avantor (NYSE:AVTR - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.02. Avantor had a positive return on equity of 9.92% and a negative net margin of 8.81%.The firm had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.61 billion. During the same period last year, the company posted $0.24 EPS. The firm'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. Equities research analysts anticipate that Avantor, Inc. will post 0.81 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

AVTR has been the subject of several analyst reports. Royal Bank Of Canada upped their target price on shares of Avantor from $9.00 to $14.00 and gave the company a "sector perform" rating in a research note on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a $13.00 price objective on shares of Avantor in a report on Thursday, July 30th. UBS Group set a $8.00 target price on Avantor in a research note on Wednesday, June 24th. Barclays lifted their target price on Avantor from $7.00 to $8.00 and gave the stock an "underweight" rating in a research report on Wednesday, June 24th. Finally, Jefferies Financial Group raised Avantor from an "underperform" rating to a "hold" rating and set a $13.00 price target for the company in a report on Wednesday, July 29th. Two analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Avantor presently has an average rating of "Hold" and an average target price of $12.00.

Avantor Company Profile

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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