Avient Corporation (NYSE:AVNT) Receives Average Recommendation of “Moderate Buy” from Brokerages

Avient Corporation (NYSE:AVNT) has been assigned an average rating of “Moderate Buy” from the six analysts that are presently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $46.7143.

A number of research analysts have recently commented on the stock. Robert W. Baird set a $43.00 price objective on shares of Avient in a research note on Friday, May 8th. Wells Fargo & Company boosted their target price on shares of Avient from $47.00 to $48.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Weiss Ratings upgraded shares of Avient from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 21st. Truist Financial upped their price target on shares of Avient from $44.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Finally, Seaport Research Partners reaffirmed a “buy” rating and set a $54.00 price target on shares of Avient in a research note on Friday, August 7th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AVNT. BlackRock Inc. purchased a new position in shares of Avient in the 2nd quarter worth about $437,002,000. California State Teachers Retirement System grew its holdings in shares of Avient by 3,490.4% during the 2nd quarter. California State Teachers Retirement System now owns 3,878,767 shares of the company’s stock worth $143,359,000 after purchasing an additional 3,770,736 shares during the period. Norges Bank purchased a new stake in shares of Avient during the 4th quarter worth about $41,457,000. Invesco Ltd. increased its position in Avient by 697.0% during the 4th quarter. Invesco Ltd. now owns 1,442,074 shares of the company’s stock worth $45,050,000 after purchasing an additional 1,261,146 shares in the last quarter. Finally, The Manufacturers Life Insurance Company acquired a new stake in Avient during the 2nd quarter worth approximately $45,933,000. Institutional investors and hedge funds own 95.48% of the company’s stock.

Avient Price Performance

Shares of NYSE:AVNT opened at $44.54 on Monday. The company has a market cap of $4.09 billion, a P/E ratio of 24.08, a P/E/G ratio of 1.29 and a beta of 1.27. The business has a fifty day simple moving average of $39.56 and a 200-day simple moving average of $37.85. Avient has a 52 week low of $27.48 and a 52 week high of $46.64. The company has a quick ratio of 1.35, a current ratio of 1.90 and a debt-to-equity ratio of 0.77.

Avient (NYSE:AVNT) last released its earnings results on Thursday, August 6th. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.07. Avient had a return on equity of 11.64% and a net margin of 5.10%.The firm had revenue of $917.00 million for the quarter, compared to the consensus estimate of $898.53 million. During the same period in the prior year, the business posted $0.80 earnings per share. The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. Avient has set its FY 2026 guidance at 3.100-3.250 EPS and its Q3 2026 guidance at 0.800-0.800 EPS. Equities research analysts forecast that Avient will post 3.2 EPS for the current year.

Avient Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Friday, September 11th will be given a $0.275 dividend. This represents a $1.10 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, September 11th. Avient’s dividend payout ratio (DPR) is 59.46%.

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.