Kinney Asset Management Increases Avantor Holdings by 470,000 Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 02 2026
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Source: Fool
- Share Increase: Kinney Asset Management disclosed a purchase of 470,000 shares of Avantor in its latest SEC filing, investing approximately $4.52 million, which brings its total holdings to about 1.85 million shares valued at $23.03 million, making it the fund's largest single equity investment.
- Asset Allocation: Avantor now constitutes 34.3% of the fund's 13F reportable assets under management, indicating a significant commitment to the company, despite its stock price declining 46% over the past year.
- Market Performance: With shares priced at $11.52, Avantor significantly underperformed the S&P 500, which rose 16.5% during the same period, highlighting its relative weakness in the market, even as the company generated $268 million in adjusted EBITDA in Q3.
- Future Outlook: Management remains optimistic about the future, having authorized a $500 million share repurchase program aimed at enhancing long-term investor confidence through capital returns and stable consumables revenue.
Analyst Views on AVTR
Wall Street analysts forecast AVTR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AVTR is 12.30 USD with a low forecast of 8.00 USD and a high forecast of 17.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
2 Buy
9 Hold
2 Sell
Hold
Current: 11.650
Low
8.00
Averages
12.30
High
17.00
Current: 11.650
Low
8.00
Averages
12.30
High
17.00
About AVTR
Avantor, Inc. is a life science tools company and global provider of mission-critical products and services to the life sciences and advanced technology industries. The Company’s segments include Laboratory Solutions and Bioscience Production. Within its segments, it sells materials and consumables, equipment and instrumentation and services and specialty procurement to customers in the biopharma and healthcare, education and government and advanced technologies and applied materials industries. Materials and consumables include ultra-high purity chemicals and reagents, lab products and supplies, highly specialized formulated silicone materials, customized excipients, and others. Equipment and instrumentation include filtration systems, virus inactivation systems, incubators, analytical instruments, and others. Services and specialty procurement include onsite lab and production, equipment, procurement and sourcing and biopharmaceutical material scale-up and development services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
