First Trust Advisors LP Increases Holdings in Avantor, to $15.34 Million in 2023.
March 20, 2023
Trending News ☀️
In 2023, First Trust Advisors LP increased their holdings in Avantor ($NYSE:AVTR), Inc. to $15.34 Million. This is a significant increase in the amount of assets held by First Trust Advisors LP and suggests that they have high expectations for Avantor, Inc. Avantor, Inc. is a specialty materials and chemicals company that serves customers in the pharmaceutical and biotechnology industries. They have a large portfolio of products and services, which allows them to provide solutions to their customers’ needs. With the additional funds, Avantor, Inc. will be able to invest in new technology, research and development, and customer support services.
This will allow them to offer more innovative solutions to their clients and meet the demands of the rapidly changing pharmaceutical and biotechnology industries. This will help to further solidify Avantor, Inc. as a leader in the industry and will likely contribute to their success in the future.
Stock Price
Media coverage of Avantor, Inc. has been largely positive, and on Monday the stock opened at $21.1 and closed at $21.4, indicating a 0.9% increase from its prior closing price of 21.3. This indicates that investors are confident in the company’s performance and are willing to put their money in its stocks. It is likely that the company’s stock will continue to increase in value in the coming weeks as more investors become aware of its promising future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Avantor. More…
| Total Revenues | Net Income | Net Margin |
| 7.51k | 662.3 | 9.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Avantor. More…
| Operations | Investing | Financing |
| 843.6 | -109.6 | -648.7 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Avantor. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 13.46k | 8.61k | 7.2 |
Key Ratios Snapshot
Some of the financial key ratios for Avantor are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.5% | 27.0% | 14.9% |
| FCF Margin | ROE | ROA |
| 9.5% | 14.8% | 5.2% |
Analysis
At GoodWhale, we recently conducted an analysis of AVANTOR‘s wellbeing. Our Risk Rating indicates that AVANTOR is a high risk investment in terms of financial and business aspects. To take a deeper dive into this topic, we detected a risk warning in AVANTOR’s balance sheet. We invite you to register with us to see the warning and learn more about this company. With GoodWhale, you can stay ahead of the curve and make informed decisions that are right for you and your investments. More…
Peers
It has a wide range of products that it offers to its customers. The company has a strong market presence and is known for its quality products. It has a number of competitors, such as 5N Plus Inc, Swancor Advanced Materials Co Ltd, and Mitsui Chemicals Inc.
– 5N Plus Inc ($TSX:VNP)
Samsung Electronics Co., Ltd. engages in the manufacturing and selling of electronics and computer peripherals. The company offers digital TVs, monitors, printers, refrigerators, washing machines, and air conditioners. It also provides semiconductor and telecommunication products, and operates foundries that manufacture integrated circuits, including processors, memory chips, and image sensors. The company was founded on January 13, 1969 and is headquartered in Suwon, South Korea.
– Swancor Advanced Materials Co Ltd ($SHSE:688585)
Swancor Advanced Materials Co Ltd is a Taiwanese company that manufactures and sells advanced materials. The company has a market cap of 3.59B as of 2022 and a Return on Equity of 4.37%. Swancor Advanced Materials Co Ltd’s products are used in a variety of industries, including the automotive, aerospace, and electronics industries. The company’s products are known for their quality and durability.
– Mitsui Chemicals Inc ($TSE:4183)
Mitsui Chemicals is a Japanese company that produces and sells a wide variety of chemicals. It has a market capitalization of 536.92 billion as of 2022 and a return on equity of 12.55%. The company has a wide variety of products and services, including plastics, synthetic fibers, resins, adhesives, and electronic materials. It also has a wide variety of end markets, including automotive, construction, electronics, and healthcare. The company has a strong presence in Asia, particularly in China and Japan.
Summary
Investors have been showing increasing interest in Avantor, Inc. In 2023, First Trust Advisors LP raised their stake in the company to $15.34 million. Overall, media coverage of the company has been positive. Analysts have suggested that Avantor’s strong balance sheet and cash flow could help the company achieve steady growth in the years ahead.
In addition, its broad product portfolio, which includes a range of healthcare and industrial products, could make it an attractive investment opportunity for long-term investors. As a result, those looking to capitalize on investing in Avantor should consider doing further research into the company’s fundamentals.
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