Brokerages Set Avient Corporation (NYSE:AVNT) PT at $45.71

Shares of Avient Corporation (NYSE:AVNT) have earned an average recommendation of “Hold” from the seven brokerages that are currently covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $45.7143.

AVNT has been the topic of a number of research reports. Truist Financial initiated coverage on Avient in a report on Monday, June 8th. They issued a “buy” rating and a $44.00 price objective on the stock. UBS Group set a $44.00 price objective on Avient in a report on Monday, June 8th. Robert W. Baird set a $43.00 price objective on Avient in a report on Friday, May 8th. KeyCorp reissued a “sector weight” rating on shares of Avient in a report on Wednesday, March 4th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Avient in a report on Wednesday, May 13th.

Avient Trading Up 0.1%

Shares of NYSE:AVNT opened at $37.79 on Wednesday. The business’s 50-day moving average is $35.96 and its 200 day moving average is $35.50. Avient has a 1 year low of $27.48 and a 1 year high of $44.85. The firm has a market capitalization of $3.47 billion, a P/E ratio of 21.97, a P/E/G ratio of 1.21 and a beta of 1.28. 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 announced its earnings results on Thursday, May 7th. The company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.02. Avient had a return on equity of 11.11% and a net margin of 4.81%.The company had revenue of $847.40 million for the quarter, compared to analyst estimates of $846.35 million. During the same period in the prior year, the company posted $0.76 EPS. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. Avient has set its Q2 2026 guidance at 0.890-0.890 EPS and its FY 2026 guidance at 2.930-3.170 EPS. On average, research analysts predict that Avient 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. Stockholders of record on Thursday, June 18th will be paid a $0.275 dividend. The ex-dividend date is Thursday, June 18th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.9%. Avient’s dividend payout ratio is presently 63.95%.

Hedge Funds Weigh In On Avient

Hedge funds have recently bought and sold shares of the business. Aster Capital Management DIFC Ltd acquired a new position in shares of Avient during the third quarter valued at approximately $29,000. TD Private Client Wealth LLC increased its stake in Avient by 342.3% during the fourth quarter. TD Private Client Wealth LLC now owns 942 shares of the company’s stock worth $29,000 after acquiring an additional 729 shares during the last quarter. Torren Management LLC acquired a new stake in Avient during the fourth quarter worth $39,000. Danske Bank A S acquired a new stake in Avient during the third quarter worth $40,000. Finally, Quarry LP increased its stake in Avient by 83.1% during the third quarter. Quarry LP now owns 1,234 shares of the company’s stock worth $41,000 after acquiring an additional 560 shares during the last quarter. Hedge funds and other institutional investors own 95.48% of the company’s stock.

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.