Jupiter Topco LLC Invests $3.05 Million in Avantor, Inc. $AVTR

Key Points

• Jupiter Topco LLC acquired 307,978 Avantor shares in the second quarter, worth approximately $3.05 million. Institutional investors collectively own 95.08% of the company, with BlackRock, Wellington Management, and Morgan Stanley among major recent investors.
• Avantor shares rose 3.1% to $14.63, near the upper end of their 52-week range. The company reported quarterly EPS of $0.21, exceeding estimates, while revenue reached $1.69 billion, up 0.5% year over year.
• Analyst sentiment remains largely neutral: Avantor has a consensus “Hold” rating from 18 analysts and an average price target of $12.00, below the reported share price.

Jupiter Topco LLC bought a new stake in Avantor, Inc. (NYSE:AVTR - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 307,978 shares of the company's stock, valued at approximately $3,047,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in Avantor during the second quarter worth $695,784,000. Wellington Management Group LLP bought a new position in shares of Avantor during the 4th quarter worth about $268,584,000. Engine Capital Management LP lifted its holdings in shares of Avantor by 65.8% during 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. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of Avantor during the 2nd quarter valued at about $195,386,000. Finally, Morgan Stanley increased its stake in Avantor by 179.4% in the fourth quarter. Morgan Stanley now owns 17,468,418 shares of the company's stock valued at $200,188,000 after acquiring an additional 11,216,565 shares during the period. 95.08% of the stock is owned by institutional investors.

Avantor Stock Up 3.1%

NYSE AVTR opened at $14.63 on Thursday. The stock has a market capitalization of $9.90 billion, a P/E ratio of -17.42, a price-to-earnings-growth ratio of 10.72 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 debt-to-equity ratio of 0.65, a quick ratio of 1.18 and a current ratio of 1.78. The stock has a fifty day moving average of $12.42 and a 200-day moving average of $9.85.

Avantor (NYSE:AVTR - Get Free Report) last issued 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 negative net margin of 8.81% and a positive return on equity of 9.92%. The company had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.61 billion. During the same quarter last year, the firm earned $0.24 EPS. The company's revenue for the quarter was up .5% on a year-over-year basis. Avantor has set its FY 2026 guidance at 0.800-0.830 EPS. On average, equities research analysts forecast that Avantor, Inc. will post 0.81 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Wolfe Research raised shares of Avantor from a "strong sell" rating to a "hold" rating in a research report on Thursday, July 30th. Wells Fargo & Company upped their price objective on Avantor from $14.00 to $16.00 and gave the company an "overweight" rating in a research note on Thursday, July 30th. Evercore set a $10.50 target price on Avantor in a report on Monday, July 6th. Stifel Nicolaus raised their target price on Avantor from $8.00 to $15.00 and gave the stock a "hold" rating in a research report on Thursday, July 30th. Finally, Sanford C. Bernstein began coverage on Avantor in a research note on Friday, June 26th. They issued a "market perform" rating and a $10.50 price target on the stock. Two analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Avantor has a consensus 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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