Canada Pension Plan Investment Board Buys Shares of 241,800 Avantor, Inc. $AVTR

Key Points

• Canada Pension Plan Investment Board acquired 241,800 Avantor shares in the second quarter, worth approximately $2.4 million. Institutional investors collectively own 95.08% of the company.
• Analysts maintain a largely neutral view, with 15 Hold, two Buy, and one Sell rating. The consensus price target is $12.00, below Avantor’s reported share price of $14.60.
• Avantor exceeded quarterly expectations, reporting $0.21 in earnings per share versus the $0.19 consensus and $1.69 billion in revenue versus $1.61 billion expected. The company reaffirmed fiscal 2026 EPS guidance of $0.80–$0.83.

Canada Pension Plan Investment Board purchased a new stake in shares of Avantor, Inc. (NYSE:AVTR - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 241,800 shares of the company's stock, valued at approximately $2,394,000.

Several other institutional investors have also modified their holdings of the company. BlackRock Inc. bought a new stake in Avantor in the 2nd quarter valued at about $695,784,000. Wellington Management Group LLP acquired a new position in Avantor during the 4th quarter valued at about $268,584,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Avantor in the 2nd quarter worth about $195,386,000. Morgan Stanley grew its position in Avantor by 179.4% in the 4th quarter. Morgan Stanley now owns 17,468,418 shares of the company's stock worth $200,188,000 after purchasing an additional 11,216,565 shares during the last quarter. Finally, Engine Capital Management LP increased its stake in shares of Avantor by 65.8% in the first quarter. Engine Capital Management LP now owns 19,780,830 shares of the company's stock valued at $155,082,000 after purchasing an additional 7,853,018 shares during the period. Institutional investors own 95.08% of the company's stock.

Wall Street Analysts Forecast Growth

AVTR has been the topic of a number of recent analyst reports. Sanford C. Bernstein assumed coverage on Avantor in a report on Friday, June 26th. They set a "market perform" rating and a $10.50 price target on the stock. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $13.00 price objective on shares of Avantor in a report on Thursday, July 30th. Royal Bank Of Canada raised their target price on Avantor from $9.00 to $14.00 and gave the company a "sector perform" rating in a research report on Thursday, July 30th. Jefferies Financial Group raised Avantor from an "underperform" rating to a "hold" rating and set a $13.00 target price on the stock in a research note on Wednesday, July 29th. Finally, Citigroup boosted their price target on Avantor from $9.00 to $11.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 8th. Two analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $12.00.

Avantor Stock Up 0.1%

AVTR stock opened at $14.60 on Monday. The firm's 50-day moving average is $12.12 and its two-hundred day moving average is $9.76. The company has a market capitalization of $9.87 billion, a price-to-earnings ratio of -17.38, a price-to-earnings-growth ratio of 11.00 and a beta of 0.89. Avantor, Inc. has a 52 week low of $7.26 and a 52 week high of $15.93. The company has a current ratio of 1.78, a quick ratio of 1.18 and a debt-to-equity ratio of 0.65.

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, beating the consensus estimate 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 business had revenue of $1.69 billion during the quarter, compared to analysts' expectations of $1.61 billion. During the same period last year, the firm posted $0.24 earnings per share. The business's 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, analysts forecast that Avantor, Inc. will post 0.81 earnings per share for the current fiscal year.

Avantor 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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