Avient Corporation (NYSE:AVNT) Given Consensus Rating of “Hold” by Analysts

Avient Corporation (NYSE:AVNT) has received a consensus rating of “Hold” from the six analysts that are currently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $46.40.

A number of equities research analysts have recently weighed in on AVNT shares. Wall Street Zen upgraded shares of Avient from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Weiss Ratings restated a “hold (c)” rating on shares of Avient in a report on Wednesday, May 13th. Morgan Stanley set a $45.00 price objective on shares of Avient in a report on Friday, February 13th. Robert W. Baird set a $43.00 price objective on shares of Avient in a report on Friday, May 8th. Finally, Wells Fargo & Company boosted their price objective on shares of Avient from $42.00 to $47.00 and gave the stock an “overweight” rating in a report on Friday, February 13th.

Avient Trading Up 0.5%

Shares of AVNT opened at $34.30 on Friday. The firm has a market cap of $3.15 billion, a price-to-earnings ratio of 19.94, a PEG ratio of 1.03 and a beta of 1.31. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.29 and a current ratio of 1.77. Avient has a fifty-two week low of $27.48 and a fifty-two week high of $44.85. The firm has a 50 day moving average price of $35.73 and a 200-day moving average price of $34.86.

Avient (NYSE:AVNT) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.02. The firm had revenue of $847.40 million during the quarter, compared to analyst estimates of $846.35 million. Avient had a net margin of 4.81% and a return on equity of 11.11%. The business’s quarterly revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.76 EPS. Avient has set its Q2 2026 guidance at 0.890-0.890 EPS and its FY 2026 guidance at 2.930-3.170 EPS. As a group, equities research analysts forecast that Avient will post 3.06 earnings per share for the current year.

Avient Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, June 18th will be issued a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Thursday, June 18th. Avient’s dividend payout ratio is currently 63.95%.

Institutional Investors Weigh In On Avient

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Channing Capital Management LLC increased its position in Avient by 19.1% during the 3rd quarter. Channing Capital Management LLC now owns 2,095,821 shares of the company’s stock valued at $69,057,000 after purchasing an additional 335,670 shares during the period. JPMorgan Chase & Co. increased its position in Avient by 5.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 868,083 shares of the company’s stock valued at $28,603,000 after purchasing an additional 42,118 shares during the period. EDENTREE ASSET MANAGEMENT Ltd increased its position in Avient by 26.6% during the 3rd quarter. EDENTREE ASSET MANAGEMENT Ltd now owns 319,760 shares of the company’s stock valued at $10,536,000 after purchasing an additional 67,200 shares during the period. Deprince Race & Zollo Inc. increased its position in Avient by 44.7% during the 4th quarter. Deprince Race & Zollo Inc. now owns 1,288,463 shares of the company’s stock valued at $40,252,000 after purchasing an additional 397,787 shares during the period. Finally, Stanley Laman Group Ltd. purchased a new position in Avient during the 4th quarter valued at $1,895,000. 95.48% of the stock is currently owned by institutional investors.

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.