Barrow Hanley Mewhinney & Strauss LLC Takes Position in Avantor, Inc. $AVTR

Key Points

• Barrow Hanley Mewhinney & Strauss LLC acquired 19.7 million Avantor shares worth approximately $195.4 million, representing a 2.92% stake. Institutional investors collectively own 95.08% of the company.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and a $12.00 price target, despite recent target increases from Morgan Stanley, Wells Fargo, and Stifel.
• Avantor beat quarterly earnings expectations, reporting $0.21 EPS versus $0.19 expected and revenue of $1.69 billion versus $1.61 billion anticipated. The stock opened at $14.45, near its 52-week high of $15.93.

Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Avantor, Inc. (NYSE:AVTR - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 19,735,968 shares of the company's stock, valued at approximately $195,386,000. Barrow Hanley Mewhinney & Strauss LLC owned 2.92% of Avantor as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Private Management Group Inc. grew its holdings in shares of Avantor by 50.4% during the fourth quarter. Private Management Group Inc. now owns 2,456,859 shares of the company's stock worth $28,156,000 after buying an additional 823,572 shares in the last quarter. GSA Capital Partners LLP acquired a new position in shares of Avantor during the 2nd quarter worth about $800,000. Oppenheimer Asset Management Inc. bought a new stake in Avantor in the second quarter valued at approximately $805,000. Assenagon Asset Management S.A. lifted its holdings in Avantor by 425.0% during the 2nd quarter. Assenagon Asset Management S.A. now owns 556,871 shares of the company's stock valued at $5,513,000 after purchasing an additional 450,801 shares during the last quarter. Finally, Brickwood Asset Management LLP boosted its holdings in shares of Avantor by 6,891.9% during the 4th quarter. Brickwood Asset Management LLP now owns 3,184,043 shares of the company's stock worth $36,489,000 after buying an additional 3,138,504 shares during the period. Institutional investors own 95.08% of the company's stock.

Wall Street Analyst Weigh In

AVTR has been the topic of a number of recent research reports. Morgan Stanley raised their price objective on Avantor from $10.00 to $14.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 30th. Wells Fargo & Company boosted their price objective on Avantor from $14.00 to $16.00 and gave the stock an "overweight" rating in a research report on Thursday, July 30th. Stifel Nicolaus upped their price target on shares of Avantor from $8.00 to $15.00 and gave the company a "hold" rating in a research report on Thursday, July 30th. TD Cowen reiterated a "hold" rating on shares of Avantor in a report on Wednesday, July 15th. Finally, UBS Group set a $8.00 price objective on Avantor in a research report on Wednesday, June 24th. Two analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $12.00.

Avantor Stock Down 0.1%

AVTR stock opened at $14.45 on Monday. The stock has a fifty day moving average of $11.63 and a 200-day moving average of $9.64. Avantor, Inc. has a fifty-two week low of $7.26 and a fifty-two week high of $15.93. The company has a market capitalization of $9.77 billion, a price-to-earnings ratio of -17.20, a PEG ratio of 10.91 and a beta of 0.89. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.18 and a current ratio of 1.78.

Avantor (NYSE:AVTR - Get Free Report) last announced its quarterly earnings data 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. The business had revenue of $1.69 billion for the quarter, compared to analysts' expectations of $1.61 billion. Avantor had a positive return on equity of 9.92% and a negative net margin of 8.81%.The firm's quarterly revenue was up .5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.24 EPS. Avantor has set its FY 2026 guidance at 0.800-0.830 EPS. As a group, equities research analysts predict that Avantor, Inc. will post 0.81 earnings per share for the current year.

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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