Avient Corporation (NYSE:AVNT) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

Avient Corporation (NYSE:AVNT) has been given an average rating of “Moderate Buy” by the six brokerages that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $46.71.

Several research firms have recently commented on AVNT. UBS Group set a $44.00 price objective on Avient in a report on Monday, June 8th. Wall Street Zen raised shares of Avient from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 5th. Weiss Ratings raised shares of Avient from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, September 18th. Seaport Research Partners restated a “buy” rating and set a $54.00 price objective on shares of Avient in a research note on Friday, August 7th. Finally, Truist Financial upped their target price on shares of Avient from $44.00 to $50.00 and gave the company a “buy” rating in a report on Friday, August 7th.

Institutional Investors Weigh In On Avient

Hedge funds and other institutional investors have recently modified their holdings of the company. Legal & General Group Plc bought a new stake in shares of Avient during the second quarter worth $4,612,000. B. Metzler seel. Sohn & Co. AG bought a new position in shares of Avient in the 2nd quarter valued at $2,597,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Avient during the 2nd quarter valued at $905,000. Man Group plc acquired a new stake in shares of Avient during the 2nd quarter valued at $1,223,000. Finally, Fiera Capital Corp grew its position in Avient by 30.1% during the 4th quarter. Fiera Capital Corp now owns 781,868 shares of the company’s stock worth $24,426,000 after acquiring an additional 180,839 shares during the last quarter. Institutional investors and hedge funds own 95.48% of the company’s stock.

Avient Stock Down 0.4%

Avient stock opened at $40.79 on Friday. The company has a 50 day moving average of $41.48 and a 200-day moving average of $37.92. 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 has a twelve month low of $27.48 and a twelve month high of $46.64. The stock has a market capitalization of $3.74 billion, a PE ratio of 22.05, a price-to-earnings-growth ratio of 1.19 and a beta of 1.29.

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

Avient Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Friday, September 11th will be issued a $0.2750 dividend. This represents a $1.10 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Friday, September 11th. Avient’s dividend payout ratio is currently 59.46%.

About Avient

Avient Corporation (NYSE: AVNT) is a global materials company that develops and manufactures specialized polymer products and solutions. Its offerings include engineered materials, polymer colorants and additives, composites, films, and other products designed to improve the performance, appearance, durability, and sustainability of manufactured goods.

The company serves customers across industries including transportation, healthcare, packaging, consumer goods, electronics, energy, and building and infrastructure.