Avient Corporation $AVNT Stake Lessened by Intech Investment Management LLC

Intech Investment Management LLC cut its stake in Avient Corporation (NYSE:AVNT) by 35.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,161 shares of the company’s stock after selling 18,692 shares during the period. Intech Investment Management LLC’s holdings in Avient were worth $1,067,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in AVNT. Aster Capital Management DIFC Ltd bought a new position in shares of Avient in the third quarter valued at approximately $29,000. TD Private Client Wealth LLC boosted its holdings in shares of Avient by 342.3% in the fourth quarter. TD Private Client Wealth LLC now owns 942 shares of the company’s stock valued at $29,000 after acquiring an additional 729 shares in the last quarter. Torren Management LLC bought a new position in shares of Avient in the fourth quarter valued at approximately $39,000. Danske Bank A S bought a new position in shares of Avient in the third quarter valued at approximately $40,000. Finally, Quarry LP boosted its holdings in shares of Avient by 83.1% in the third quarter. Quarry LP now owns 1,234 shares of the company’s stock valued at $41,000 after acquiring an additional 560 shares in the last quarter. 95.48% of the stock is currently owned by institutional investors.

Avient Stock Down 0.5%

AVNT stock opened at $33.96 on Friday. Avient Corporation has a 12 month low of $27.48 and a 12 month high of $44.85. The firm has a market cap of $3.11 billion, a PE ratio of 19.75, a P/E/G ratio of 1.08 and a beta of 1.28. The firm has a 50 day simple moving average of $35.97 and a 200 day simple moving average of $35.19. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.77 and a quick ratio of 1.29.

Avient (NYSE:AVNT) last released its earnings results on Thursday, May 7th. The company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.81 by $0.02. Avient had a net margin of 4.81% and a return on equity of 11.11%. The business had revenue of $847.40 million during the quarter, compared to analyst estimates of $846.35 million. During the same period in the prior year, the business earned $0.76 earnings per share. The business’s quarterly revenue was up 2.5% on a year-over-year basis. Avient has set its Q2 2026 guidance at 0.890-0.890 EPS and its FY 2026 guidance at 2.930-3.170 EPS. Equities research analysts forecast that Avient Corporation will post 3.08 earnings per share for the current fiscal 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 given a $0.275 dividend. This represents a $1.10 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Thursday, June 18th. Avient’s dividend payout ratio is 63.95%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Robert W. Baird set a $43.00 price objective on shares of Avient in a report on Friday, May 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Avient in a report on Wednesday, May 13th. Wells Fargo & Company increased their target price on shares of Avient from $42.00 to $47.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. KeyCorp reissued a “sector weight” rating on shares of Avient in a research note on Wednesday, March 4th. Finally, Wall Street Zen raised shares of Avient from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Avient has an average rating of “Hold” and a consensus target price of $46.40.

Avient 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.