Avient Corporation (NYSE:AVNT) Given Consensus Recommendation of “Moderate Buy” by Analysts

Avient Corporation (NYSE:AVNT) has earned a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $46.7143.

Several equities analysts recently weighed in on AVNT shares. Robert W. Baird set a $43.00 price objective on shares of Avient in a research report on Friday, May 8th. Seaport Research Partners reiterated a “buy” rating and set a $54.00 price target on shares of Avient in a report on Friday, August 7th. Weiss Ratings upgraded shares of Avient from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, August 21st. Wells Fargo & Company increased their target price on shares of Avient from $47.00 to $48.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Finally, UBS Group set a $44.00 price objective on Avient in a report on Monday, June 8th.

Institutional Investors Weigh In On Avient

Large investors have recently modified their holdings of the stock. Royal Bank of Canada raised its stake in Avient by 1.0% during the first quarter. Royal Bank of Canada now owns 128,730 shares of the company’s stock worth $4,782,000 after acquiring an additional 1,321 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Avient by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,760 shares of the company’s stock valued at $1,998,000 after acquiring an additional 2,341 shares during the last quarter. NewEdge Advisors LLC raised its position in Avient by 294.8% in the 1st quarter. NewEdge Advisors LLC now owns 9,340 shares of the company’s stock valued at $347,000 after purchasing an additional 6,974 shares during the last quarter. United Services Automobile Association acquired a new position in Avient in the first quarter worth $224,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Avient by 3.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 297,976 shares of the company’s stock valued at $11,073,000 after buying an additional 10,535 shares during the last quarter. 95.48% of the stock is currently owned by institutional investors.

Avient Trading Up 0.6%

Shares of NYSE AVNT opened at $44.54 on Monday. The company has a current ratio of 1.90, a quick ratio of 1.35 and a debt-to-equity ratio of 0.77. The firm has a market capitalization of $4.09 billion, a PE ratio of 24.08, a PEG ratio of 1.28 and a beta of 1.27. The business has a 50-day moving average price of $39.56 and a two-hundred day moving average price of $37.85. Avient has a one year low of $27.48 and a one year high of $46.64.

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

Avient Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Friday, September 11th will be paid a $0.275 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.10 dividend on an annualized basis and a yield of 2.5%. Avient’s payout ratio is presently 59.46%.

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.