Advisors Capital Management LLC Invests $4.37 Million in Avantor, Inc. $AVTR

Advisors Capital Management LLC purchased a new position in shares of Avantor, Inc. (NYSE:AVTR) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 441,317 shares of the company's stock, valued at approximately $4,369,000. Advisors Capital Management LLC owned about 0.07% of Avantor at the end of the most recent quarter.

Private Management Group Inc. grew its holdings in shares of Avantor by 50.4% during the fourth quarter. Private Management Group Inc. now owns 2,456,859 shares of the company's stock worth $28,156,000 after purchasing an additional 823,572 shares during the last quarter. GSA Capital Partners LLP acquired a new position in Avantor in the second quarter valued at $800,000. Assenagon Asset Management S.A. increased its stake in Avantor by 425.0% in the second quarter. Assenagon Asset Management S.A. now owns 556,871 shares of the company's stock valued at $5,513,000 after purchasing an additional 450,801 shares during the period. Oppenheimer Asset Management Inc. purchased a new stake in shares of Avantor in the second quarter valued at about $805,000. Brickwood Asset Management LLP boosted its stake in shares of Avantor by 6,891.9% during the fourth quarter. Brickwood Asset Management LLP now owns 3,184,043 shares of the company's stock worth $36,489,000 after buying an additional 3,138,504 shares during the period.

Shares of NYSE AVTR opened at $14.45 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's 50-day moving average price is $11.63 and its two-hundred day moving average price is $9.65. Avantor, Inc. has a 52-week low of $7.26 and a 52-week high of $15.93. The stock has a market capitalization of $9.77 billion, a P/E ratio of -17.20, a P/E/G ratio of 10.76 and a beta of 0.89.

Avantor last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.02. The business had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.61 billion. Avantor had a positive return on equity of 9.92% and a negative net margin of 8.81%.The business's quarterly revenue was up .5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.24 EPS.

Avantor has set its FY 2026 guidance at 0.800-0.830 EPS. As a group, sell-side analysts forecast that Avantor, Inc. will post 0.81 earnings per share for the current year.

Jefferies Financial Group raised Avantor from an “underperform” rating to a “hold” rating and set a $13.00 price target for the company in a report on Wednesday, July 29th. TD Cowen reissued a “hold” rating on shares of Avantor in a research report on Wednesday, July 15th. UBS Group set a $8.00 target price on Avantor in a research note on Wednesday, June 24th. Wall Street Zen upgraded Avantor from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Morgan Stanley upped their price objective on shares of Avantor from $10.00 to $14.00 and gave the company an “equal weight” rating in a research note on Thursday, July 30th. Two investment analysts have rated the stock with a Buy rating...