Fiera Capital Corp Acquires 180,839 Shares of Avient Corporation $AVNT

Fiera Capital Corp boosted its holdings in Avient Corporation (NYSE:AVNT) by 30.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 781,868 shares of the company’s stock after acquiring an additional 180,839 shares during the quarter. Fiera Capital Corp’s holdings in Avient were worth $24,426,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Westfield Capital Management Co. LP increased its stake in Avient by 0.3% in the fourth quarter. Westfield Capital Management Co. LP now owns 1,574,530 shares of the company’s stock valued at $49,188,000 after acquiring an additional 5,304 shares during the period. Bank of New York Mellon Corp increased its stake in Avient by 22.8% in the fourth quarter. Bank of New York Mellon Corp now owns 1,013,186 shares of the company’s stock valued at $31,652,000 after acquiring an additional 187,901 shares during the period. Arcadia Investment Management Corp MI increased its stake in Avient by 17.5% in the fourth quarter. Arcadia Investment Management Corp MI now owns 2,345 shares of the company’s stock valued at $73,000 after acquiring an additional 350 shares during the period. Norges Bank bought a new stake in Avient in the fourth quarter valued at about $41,457,000. Finally, Geode Capital Management LLC increased its stake in Avient by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 2,283,321 shares of the company’s stock valued at $71,341,000 after acquiring an additional 11,801 shares during the period. Institutional investors own 95.48% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on AVNT shares. Morgan Stanley set a $45.00 target price on shares of Avient 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. Robert W. Baird set a $43.00 price objective on shares of Avient in a research note on Friday, May 8th. UBS Group set a $44.00 price objective on shares of Avient in a research note on Monday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avient in a research note on Wednesday, May 13th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Avient has a consensus rating of “Hold” and an average price target of $45.71.

Avient Stock Up 1.6%

Avient stock opened at $34.47 on Tuesday. The company has a market cap of $3.16 billion, a P/E ratio of 20.04, a price-to-earnings-growth ratio of 1.08 and a beta of 1.28. Avient Corporation has a 1-year low of $27.48 and a 1-year high of $44.85. The company has a fifty day simple moving average of $35.94 and a 200 day simple moving average of $35.28. The company has a current ratio of 1.77, a quick ratio of 1.29 and a debt-to-equity ratio of 0.80.

Avient (NYSE:AVNT) last released its earnings results on Thursday, May 7th. The company reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.02. The business had revenue of $847.40 million during the quarter, compared to the consensus estimate of $846.35 million. Avient had a net margin of 4.81% and a return on equity of 11.11%. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.76 earnings per share. Avient has set its Q2 2026 guidance at 0.890-0.890 EPS and its FY 2026 guidance at 2.930-3.170 EPS. Research analysts anticipate that Avient Corporation will post 3.08 earnings per share for the current fiscal year.

Avient Announces Dividend

The business also recently announced 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. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.10 annualized dividend and a dividend yield of 3.2%. Avient’s payout ratio is presently 63.95%.

About Avient

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.