Avantor, Inc. (NYSE:AVTR) is Dudley & Shanley Inc.’s 5th Largest Position

Dudley & Shanley Inc. grew its holdings in shares of Avantor, Inc. (NYSE:AVTR) by 1.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,111,355 shares of the company’s stock after purchasing an additional 12,400 shares during the period. Avantor makes up about 4.8% of Dudley & Shanley Inc.’s portfolio, making the stock its 5th biggest holding. Dudley & Shanley Inc. owned about 0.16% of Avantor worth $28,417,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in AVTR. Vontobel Holding Ltd. grew its position in Avantor by 2.0% during the 4th quarter. Vontobel Holding Ltd. now owns 30,215 shares of the company’s stock worth $690,000 after purchasing an additional 591 shares during the period. Tokio Marine Asset Management Co. Ltd. grew its position in Avantor by 3.8% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 18,725 shares of the company’s stock worth $427,000 after purchasing an additional 685 shares during the period. Fifth Third Bancorp grew its position in Avantor by 125.3% during the 4th quarter. Fifth Third Bancorp now owns 1,248 shares of the company’s stock worth $28,000 after purchasing an additional 694 shares during the period. Mackenzie Financial Corp boosted its stake in shares of Avantor by 1.6% during the 4th quarter. Mackenzie Financial Corp now owns 46,610 shares of the company’s stock worth $1,064,000 after acquiring an additional 747 shares in the last quarter. Finally, Xponance Inc. boosted its stake in shares of Avantor by 3.4% during the 4th quarter. Xponance Inc. now owns 26,254 shares of the company’s stock worth $599,000 after acquiring an additional 858 shares in the last quarter. 95.08% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on AVTR shares. Deutsche Bank Aktiengesellschaft increased their target price on shares of Avantor from $23.00 to $25.00 and gave the stock a “hold” rating in a research note on Thursday, April 18th. Barclays lowered their target price on shares of Avantor from $28.00 to $25.00 and set an “overweight” rating on the stock in a research note on Friday, June 28th. Robert W. Baird lowered their target price on shares of Avantor from $27.00 to $26.00 and set an “outperform” rating on the stock in a research note on Monday, April 29th. Finally, Evercore ISI decreased their price target on shares of Avantor from $28.00 to $27.00 and set an “outperform” rating on the stock in a research note on Tuesday. Four analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $26.29.

Avantor Trading Up 2.1 %

Avantor stock traded up $0.43 during trading on Wednesday, hitting $21.01. The company had a trading volume of 5,206,885 shares, compared to its average volume of 5,819,742. Avantor, Inc. has a 1-year low of $16.63 and a 1-year high of $26.16. The company has a current ratio of 1.61, a quick ratio of 1.05 and a debt-to-equity ratio of 0.94. The company’s 50 day simple moving average is $23.56 and its 200-day simple moving average is $23.79. The stock has a market cap of $14.27 billion, a price-to-earnings ratio of 53.87, a price-to-earnings-growth ratio of 2.15 and a beta of 1.32.

Avantor (NYSE:AVTR) last posted its earnings results on Friday, April 26th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.02. Avantor had a net margin of 3.79% and a return on equity of 13.01%. The firm had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.68 billion. During the same quarter last year, the firm earned $0.29 EPS. The firm’s revenue for the quarter was down 5.6% on a year-over-year basis. As a group, analysts expect that Avantor, Inc. will post 1.01 EPS 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.