American Century Companies Inc. Purchases New Holdings in Avantor, Inc. $AVTR

American Century Companies Inc. acquired a new position in shares of Avantor, Inc. (NYSE:AVTR) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,524,991 shares of the company’s stock, valued at approximately $19,032,000. American Century Companies Inc. owned about 0.22% of Avantor as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in AVTR. Argent Trust Co acquired a new stake in shares of Avantor during the third quarter worth approximately $462,000. Quantbot Technologies LP grew its holdings in Avantor by 1,333.0% during the 3rd quarter. Quantbot Technologies LP now owns 246,494 shares of the company’s stock worth $3,076,000 after acquiring an additional 229,293 shares in the last quarter. Rock Creek Group LP acquired a new position in Avantor during the 3rd quarter worth $1,248,000. Handelsbanken Fonder AB increased its position in shares of Avantor by 19.7% in the 3rd quarter. Handelsbanken Fonder AB now owns 197,300 shares of the company’s stock worth $2,462,000 after purchasing an additional 32,500 shares during the last quarter. Finally, Diversify Wealth Management LLC increased its position in shares of Avantor by 6.4% in the 3rd quarter. Diversify Wealth Management LLC now owns 61,559 shares of the company’s stock worth $719,000 after purchasing an additional 3,685 shares during the last quarter. 95.08% of the stock is owned by institutional investors and hedge funds.

Avantor Trading Up 0.1%

Shares of NYSE AVTR opened at $8.16 on Wednesday. Avantor, Inc. has a 12-month low of $7.82 and a 12-month high of $17.29. The company has a market cap of $5.56 billion, a price-to-earnings ratio of -10.46, a price-to-earnings-growth ratio of 3.20 and a beta of 0.97. The company has a current ratio of 1.78, a quick ratio of 1.18 and a debt-to-equity ratio of 0.70. The stock’s 50 day simple moving average is $10.57 and its 200 day simple moving average is $11.77.

Avantor (NYSE:AVTR) last issued its earnings results on Wednesday, February 11th. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.01. The firm had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.64 billion. Avantor had a positive return on equity of 10.45% and a negative net margin of 8.09%.The firm’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same period last year, the company earned $0.27 earnings per share. Avantor has set its FY 2026 guidance at 0.770-0.830 EPS. Equities research analysts expect that Avantor, Inc. will post 1.06 EPS for the current year.

Insider Activity

In other Avantor news, Director Gregory L. Summe acquired 100,000 shares of Avantor stock in a transaction dated Thursday, February 12th. The stock was acquired at an average cost of $9.40 per share, for a total transaction of $940,000.00. Following the completion of the transaction, the director owned 400,000 shares in the company, valued at approximately $3,760,000. This represents a 33.33% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Gregory T. Lucier acquired 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was acquired at an average cost of $9.16 per share, with a total value of $458,000.00. Following the completion of the acquisition, the director directly owned 50,000 shares in the company, valued at approximately $458,000. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 1.20% of the company’s stock.

Wall Street Analysts Forecast Growth

AVTR has been the topic of several research analyst reports. Stifel Nicolaus set a $10.00 price target on shares of Avantor in a research report on Thursday, February 12th. Citigroup lowered their price objective on Avantor from $13.00 to $11.00 and set a “neutral” rating for the company in a report on Thursday, February 12th. Jefferies Financial Group restated an “underperform” rating and set a $8.00 price objective on shares of Avantor in a research note on Thursday, February 12th. Zacks Research downgraded Avantor from a “hold” rating to a “strong sell” rating in a report on Friday, February 13th. Finally, Robert W. Baird set a $11.00 target price on Avantor in a research report on Thursday, February 12th. Three equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $11.80.

About Avantor

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.