Brokerages Set Avient Corporation (NYSE:AVNT) Price Target at $47.00

Avient Corporation (NYSE:AVNT) has earned an average rating of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is $47.00.

Several brokerages have recently commented on AVNT. Zacks Research upgraded shares of Avient from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. KeyCorp reiterated a “sector weight” rating on shares of Avient in a report on Wednesday, March 4th. Wells Fargo & Company boosted their target price on Avient from $42.00 to $47.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Morgan Stanley set a $45.00 price target on Avient in a research report on Friday, February 13th. Finally, Robert W. Baird set a $46.00 price objective on Avient in a research note on Friday, February 13th.

Avient Stock Performance

NYSE AVNT opened at $35.57 on Friday. The stock has a market cap of $3.26 billion, a PE ratio of 39.97, a P/E/G ratio of 1.08 and a beta of 1.40. 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 has a twelve month low of $27.48 and a twelve month high of $44.85. The stock has a fifty day simple moving average of $37.95 and a 200-day simple moving average of $34.00.

Avient (NYSE:AVNT) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.01. The firm 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% on a year-over-year basis. During the same period in the previous year, the firm earned $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. Equities analysts anticipate that Avient will post 2.85 earnings per share for the current year.

Avient Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 3rd. Investors of record on Tuesday, March 17th will be issued a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Tuesday, March 17th. Avient’s dividend payout ratio (DPR) is 123.60%.

Institutional Trading of Avient

Several hedge funds have recently made changes to their positions in the business. Purpose Unlimited Inc. purchased a new position in shares of Avient in the fourth quarter valued at approximately $102,000. Hsbc Holdings PLC increased its stake in Avient by 121.7% during the 4th quarter. Hsbc Holdings PLC now owns 41,933 shares of the company’s stock worth $1,314,000 after buying an additional 23,016 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in Avient by 354.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 4,019 shares of the company’s stock worth $126,000 after buying an additional 3,134 shares in the last quarter. Invesco Ltd. boosted its position in Avient by 697.0% in the 4th quarter. Invesco Ltd. now owns 1,442,074 shares of the company’s stock valued at $45,050,000 after buying an additional 1,261,146 shares during the period. Finally, Mercer Global Advisors Inc. ADV boosted its position in Avient by 52.9% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 9,957 shares of the company’s stock valued at $311,000 after buying an additional 3,446 shares during the period. Institutional investors and hedge funds own 95.48% of the company’s stock.

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.