California State Teachers Retirement System Boosts Stake in Avantor, Inc. $AVTR

Key Points

• California State Teachers Retirement System increased its Avantor stake by 861.7% in the second quarter, adding 6.77 million shares to own 7.56 million shares worth approximately $763.4 million. Institutional investors collectively hold 95.08% of the company.
• Analysts remain cautious, with Avantor carrying an average “Hold” rating and an average price target of $12.47; ratings include two Buys, fifteen Holds, and one Sell.
• Avantor exceeded quarterly expectations, reporting $0.21 in EPS versus a $0.19 consensus estimate and $1.69 billion in revenue versus $1.61 billion expected. The company reaffirmed fiscal 2026 EPS guidance of $0.80–$0.83.

California State Teachers Retirement System raised its position in shares of Avantor, Inc. (NYSE:AVTR - Free Report) by 861.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,557,403 shares of the company's stock after purchasing an additional 6,771,604 shares during the period. California State Teachers Retirement System owned approximately 1.12% of Avantor worth $763,374,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Avantor by 28.1% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,123 shares of the company's stock valued at $49,000 after purchasing an additional 905 shares during the last quarter. Osaic Holdings Inc. boosted its stake in Avantor by 60.9% in the second quarter. Osaic Holdings Inc. now owns 2,810 shares of the company's stock worth $38,000 after buying an additional 1,064 shares in the last quarter. UMB Bank n.a. boosted its stake in Avantor by 17.6% in the fourth quarter. UMB Bank n.a. now owns 7,371 shares of the company's stock worth $84,000 after buying an additional 1,101 shares in the last quarter. EverSource Wealth Advisors LLC grew 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 valued at $29,000 after acquiring an additional 1,189 shares during the last quarter. Finally, Public Employees Retirement System of Ohio grew its position in Avantor by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 206,386 shares of the company's stock valued at $2,576,000 after acquiring an additional 1,279 shares during the last quarter. Hedge funds and other institutional investors own 95.08% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on AVTR. UBS Group began coverage on shares of Avantor in a report on Wednesday, September 9th. They set a "neutral" rating and a $16.00 target price on the stock. Sanford C. Bernstein initiated coverage on shares of Avantor in a research note on Friday, June 26th. They issued a "market perform" rating and a $10.50 price target for the company. Evercore set a $10.50 price target on shares of Avantor in a research report on Monday, July 6th. Wall Street Zen raised Avantor from a "hold" rating to a "buy" rating in a research note on Saturday, June 27th. Finally, Stifel Nicolaus lifted their price objective on Avantor from $8.00 to $15.00 and gave the stock a "hold" rating in a report on Thursday, July 30th. Two equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $12.47.

Avantor Stock Performance

Shares of AVTR opened at $14.79 on Monday. 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 one year low of $7.26 and a one year high of $15.93. The company has a 50-day simple moving average of $13.10 and a two-hundred day simple moving average of $10.14. The firm has a market capitalization of $10.00 billion, a PE ratio of -17.60, a price-to-earnings-growth ratio of 11.18 and a beta of 0.89.

Avantor (NYSE:AVTR - Get Free Report) last posted its quarterly earnings data 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 positive return on equity of 9.92% and a negative net margin of 8.81%.The business had revenue of $1.69 billion during the quarter, compared to the consensus estimate of $1.61 billion. During the same quarter in the prior year, the company earned $0.24 earnings per share. The firm's quarterly revenue was up .5% compared to the same quarter last year. Avantor has set its FY 2026 guidance at 0.800-0.830 EPS. On average, analysts anticipate that Avantor, Inc. will post 0.81 EPS for the current fiscal year.

About Avantor

Avantor, Inc NYSE: AVTR is a global provider of products and services used in the life sciences, healthcare and advanced technology industries. The company supports research, drug discovery, biopharmaceutical production, clinical and diagnostic activities, and other laboratory-based applications.

Its offerings include laboratory chemicals and reagents, consumables, equipment, instruments, production materials and related services. Avantor also provides supply-chain, procurement and other technical solutions designed to help customers manage laboratory and manufacturing operations.

Avantor serves customers across pharmaceutical and biopharmaceutical companies, healthcare providers, academic and government institutions, medical laboratories and industrial businesses.

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