Avient Corporation (NYSE:AVNT) Receives Average Rating of “Hold” from Brokerages

Shares of Avient Corporation (NYSE:AVNT) have been given an average rating of “Hold” by the seven analysts that are presently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $45.7143.

Several research analysts have issued reports on the company. Robert W. Baird set a $43.00 price target on Avient in a report on Friday, May 8th. UBS Group set a $44.00 price objective on Avient in a report on Monday, June 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avient in a research report on Wednesday, May 13th. Finally, Truist Financial assumed coverage on Avient in a report on Monday, June 8th. They issued a “buy” rating and a $44.00 target price on the stock.

Avient Price Performance

Shares of NYSE AVNT opened at $37.29 on Friday. The firm has a market capitalization of $3.42 billion, a P/E ratio of 21.68, a P/E/G ratio of 1.17 and a beta of 1.27. The firm’s 50-day moving average price is $35.98 and its 200-day moving average price is $36.15. 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 has a 1-year low of $27.48 and a 1-year high of $44.85.

Avient (NYSE:AVNT) last issued 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 return on equity of 11.11% and a net margin of 4.81%.The company had revenue of $847.40 million during the quarter, compared to the consensus estimate of $846.35 million. During the same period last year, the business posted $0.76 EPS. The firm’s revenue for the quarter 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. Equities research analysts anticipate that Avient will post 3.08 earnings per share for the current fiscal year.

Avient Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, June 18th will be paid a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Thursday, June 18th. Avient’s payout ratio is 63.95%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AVNT. Vanguard Group Inc. grew its holdings in shares of Avient by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 10,218,398 shares of the company’s stock valued at $319,223,000 after buying an additional 77,246 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Avient by 4.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,973,887 shares of the company’s stock worth $180,546,000 after acquiring an additional 192,788 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of Avient by 11.1% in the 4th quarter. Franklin Resources Inc. now owns 4,090,286 shares of the company’s stock worth $127,781,000 after acquiring an additional 410,112 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Avient by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 2,283,321 shares of the company’s stock worth $71,341,000 after acquiring an additional 11,801 shares during the last quarter. Finally, Channing Capital Management LLC lifted its position in Avient by 0.3% in the 4th quarter. Channing Capital Management LLC now owns 2,102,982 shares of the company’s stock valued at $65,697,000 after acquiring an additional 7,161 shares in the last quarter. 95.48% of the stock is owned by institutional investors.

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.