First Trust Advisors LP Has $230,000 Stock Position in Avantor, Inc. $AVTR

Key Points

• First Trust Advisors LP cut its Avantor stake by 98.6% in the first quarter, selling 2.09 million shares and retaining 29,376 shares worth approximately $230,000. Institutional investors collectively own 95.08% of Avantor.
• Analysts maintain a generally cautious outlook, with 15 Hold, two Buy, and one Sell rating. Avantor has an average rating of “Hold” and a consensus price target of $12.00.
• Avantor’s latest quarterly results exceeded expectations, with earnings of $0.21 per share versus a $0.19 estimate and revenue of $1.69 billion versus $1.61 billion expected. Shares opened at $13.87, above the consensus target, while the company guided to fiscal 2026 EPS of $0.80–$0.83.

First Trust Advisors LP lowered its stake in Avantor, Inc. (NYSE:AVTR - Free Report) by 98.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,376 shares of the company's stock after selling 2,085,539 shares during the quarter. First Trust Advisors LP's holdings in Avantor were worth $230,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. EverSource Wealth Advisors LLC grew its stake in shares of Avantor by 119.1% in the second quarter. EverSource Wealth Advisors LLC now owns 2,187 shares of the company's stock worth $29,000 after purchasing an additional 1,189 shares during the last quarter. Strategic Wealth Investment Group LLC acquired a new position in shares of Avantor during the 2nd quarter valued at $32,000. Private Trust Co. NA boosted its position in shares of Avantor by 46.2% during the 4th quarter. Private Trust Co. NA now owns 2,769 shares of the company's stock worth $32,000 after purchasing an additional 875 shares in the last quarter. Osaic Holdings Inc. boosted its holdings 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 acquiring an additional 1,064 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new position in shares of Avantor in the 4th quarter worth $32,000. Institutional investors own 95.08% of the company's stock.

Wall Street Analysts Forecast Growth

AVTR has been the topic of several analyst reports. Morgan Stanley lifted their target price on Avantor from $10.00 to $14.00 and gave the company an "equal weight" rating in a research report on Thursday, July 30th. Zacks Research raised shares of Avantor from a "strong sell" rating to a "hold" rating in a report on Thursday, April 30th. Jefferies Financial Group upgraded shares of Avantor from an "underperform" rating to a "hold" rating and set a $13.00 target price for the company in a research report on Wednesday, July 29th. Citigroup boosted their price objective on Avantor from $9.00 to $11.00 and gave the company a "neutral" rating in a research note on Wednesday, July 8th. Finally, Sanford C. Bernstein assumed coverage on shares of Avantor in a research report on Friday, June 26th. They set a "market perform" rating and a $10.50 price target for the company. Two equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Avantor presently has an average rating of "Hold" and a consensus price target of $12.00.

Avantor Trading Down 0.4%

Shares of AVTR opened at $13.87 on Friday. The company has a quick ratio of 1.18, a current ratio of 1.78 and a debt-to-equity ratio of 0.65. The firm has a fifty day simple moving average of $11.12 and a two-hundred day simple moving average of $9.53. The stock has a market capitalization of $9.38 billion, a P/E ratio of -16.51, a PEG ratio of 10.49 and a beta of 0.89. Avantor, Inc. has a twelve month low of $7.26 and a twelve month high of $15.93.

Avantor (NYSE:AVTR - Get Free Report) last posted its earnings results 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 positive return on equity of 9.92% and a negative net margin of 8.81%.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 firm earned $0.24 earnings per share. The business's 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, research analysts anticipate that Avantor, Inc. will post 0.81 EPS 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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