Avantor, Inc. $AVTR Shares Acquired by Hantz Financial Services Inc.

Hantz Financial Services Inc. raised its holdings in Avantor, Inc. (NYSE:AVTR) by 24.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 30,612 shares of the company’s stock after buying an additional 6,056 shares during the period. Hantz Financial Services Inc.’s holdings in Avantor were worth $412,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Rise Advisors LLC acquired a new position in shares of Avantor during the first quarter worth $25,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Avantor by 288.4% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,701 shares of the company’s stock worth $28,000 after acquiring an additional 1,263 shares during the period. Wealthquest Corp purchased a new position in shares of Avantor during the 1st quarter worth approximately $34,000. FNY Investment Advisers LLC purchased a new position in Avantor in the 2nd quarter valued at approximately $36,000. Finally, GAMMA Investing LLC raised its position in Avantor by 121.6% during the first quarter. GAMMA Investing LLC now owns 3,747 shares of the company’s stock worth $61,000 after acquiring an additional 2,056 shares during the last quarter. Institutional investors and hedge funds own 95.08% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on AVTR shares. UBS Group set a $12.00 price objective on shares of Avantor in a research note on Thursday. JPMorgan Chase & Co. reissued a “neutral” rating and set a $12.00 target price (down from $14.00) on shares of Avantor in a research report on Thursday. Evercore ISI decreased their price objective on shares of Avantor from $16.00 to $14.00 and set an “outperform” rating for the company in a research report on Thursday. Jefferies Financial Group restated a “hold” rating on shares of Avantor in a research note on Friday, August 1st. Finally, Robert W. Baird boosted their target price on shares of Avantor from $15.00 to $17.00 and gave the company an “outperform” rating in a research note on Friday, October 24th. Five research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $14.42.

Insider Transactions at Avantor

In other Avantor news, Director Gregory L. Summe purchased 100,000 shares of the company’s stock in a transaction that occurred on Thursday, October 30th. The stock was purchased at an average cost of $11.25 per share, with a total value of $1,125,000.00. Following the acquisition, the director directly owned 300,000 shares of the company’s stock, valued at approximately $3,375,000. This trade represents a 50.00% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, CAO Steven W. Eck sold 3,476 shares of the firm’s stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $11.39, for a total transaction of $39,591.64. Following the completion of the sale, the chief accounting officer owned 55,068 shares of the company’s stock, valued at $627,224.52. The trade was a 5.94% decrease in their position. The SEC filing for this sale provides additional information. 1.20% of the stock is currently owned by corporate insiders.

Avantor Stock Up 6.9%

NYSE:AVTR opened at $11.82 on Monday. The company has a current ratio of 1.49, a quick ratio of 0.96 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $8.06 billion, a price-to-earnings ratio of -90.89, a PEG ratio of 4.07 and a beta of 1.00. The business’s fifty day moving average price is $13.33 and its 200 day moving average price is $13.24. Avantor, Inc. has a 1-year low of $10.82 and a 1-year high of $23.70.

Avantor (NYSE:AVTR) last issued its earnings results on Wednesday, October 29th. The company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.01). Avantor had a negative net margin of 1.25% and a positive return on equity of 10.91%. The firm had revenue of $1.62 billion during the quarter, compared to analysts’ expectations of $1.65 billion. During the same quarter last year, the firm earned $0.26 EPS. The business’s revenue for the quarter was down 5.3% compared to the same quarter last year. Avantor has set its FY 2025 guidance at 0.880-0.920 EPS. On average, sell-side analysts forecast that Avantor, Inc. will post 1.06 earnings per share for the current fiscal year.

About Avantor

Avantor, Inc engages in the provision of mission-critical products and services to customers in the biopharma, healthcare, education and government, advanced technologies, and applied materials industries in the Americas, Europe, Asia, the Middle East, and Africa. The company offers materials and consumables, such as purity chemicals and reagents, lab products and supplies, formulated silicone materials, customized excipients, customized single-use assemblies, process chromatography resins and columns, analytical sample prep kits, education and microbiology products, clinical trial kits, peristaltic pumps, and fluid handling tips.