Avient Corporation $AVNT Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. reduced its holdings in shares of Avient Corporation (NYSE:AVNT) by 0.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,141,152 shares of the company’s stock after selling 73,782 shares during the quarter. Vanguard Group Inc. owned 0.11% of Avient worth $334,151,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Royal Bank of Canada increased its position in shares of Avient by 1.0% in the 1st quarter. Royal Bank of Canada now owns 128,730 shares of the company’s stock worth $4,782,000 after purchasing an additional 1,321 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Avient by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,760 shares of the company’s stock valued at $1,998,000 after buying an additional 2,341 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in Avient by 294.8% during the 1st quarter. NewEdge Advisors LLC now owns 9,340 shares of the company’s stock worth $347,000 after buying an additional 6,974 shares during the last quarter. United Services Automobile Association acquired a new position in shares of Avient in the 1st quarter worth approximately $224,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Avient by 3.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 297,976 shares of the company’s stock worth $11,073,000 after purchasing an additional 10,535 shares during the last quarter. 95.48% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Zacks Research upgraded Avient from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. Oppenheimer increased their price objective on shares of Avient from $37.00 to $41.00 and gave the stock an “outperform” rating in a report on Tuesday, January 20th. Wall Street Zen upgraded shares of Avient from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. KeyCorp upped their target price on shares of Avient from $50.00 to $56.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Finally, Morgan Stanley set a $45.00 price target on Avient in a report on Friday, February 13th. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $47.00.

Avient Stock Down 0.1%

AVNT stock opened at $41.05 on Friday. The firm has a market cap of $3.76 billion, a PE ratio of 46.13, a PEG ratio of 1.36 and a beta of 1.44. The company has a fifty day simple moving average of $36.75 and a 200 day simple moving average of $34.17. Avient Corporation has a 1 year low of $27.48 and a 1 year high of $44.85. The company has a current ratio of 1.66, a quick ratio of 1.22 and a debt-to-equity ratio of 0.81.

Avient (NYSE:AVNT) last posted its earnings results on Thursday, February 12th. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. The business had revenue of $760.60 million for the quarter, compared to analyst estimates of $750.19 million. Avient had a net margin of 2.51% and a return on equity of 10.95%. Avient’s revenue was up 1.9% compared to the same quarter last year. During the same period last year, the business posted $0.49 EPS. Avient has set its Q1 2026 guidance at 0.810-0.810 EPS and its FY 2026 guidance at 2.930-3.170 EPS. Sell-side analysts anticipate that Avient Corporation will post 2.85 EPS for the current fiscal year.

Avient Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 3rd. Shareholders of record on Tuesday, March 17th will be given a $0.275 dividend. The ex-dividend date is Tuesday, March 17th. This represents a $1.10 dividend on an annualized basis and a yield of 2.7%. Avient’s payout ratio is 123.60%.

Avient Company Profile

Avient Corporation (NYSE: AVNT) is a global provider of specialized and sustainable polymer materials, delivering color, additive and engineered solutions to a wide range of industries. The company’s core offerings include masterbatches, colorant systems, compounds and resins designed to enhance performance, aesthetics and environmental sustainability. Avient serves markets such as packaging, automotive, consumer goods, healthcare, electronics, and agriculture, tailoring products to meet stringent regulatory and end-use requirements.

Formed through a corporate rebranding in 2020 following the divestiture of PolyOne’s specialty businesses, Avient traces its heritage to a legacy of polymer innovation spanning decades.