Avient (NYSE:AVNT – Free Report) had its target price lifted by Barclays from $44.00 to $50.00 in a research report report published on Thursday morning,Benzinga reports. Barclays currently has an equal weight rating on the stock.
Several other equities research analysts have also issued reports on AVNT. Weiss Ratings upgraded shares of Avient from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, September 18th. Wells Fargo & Company increased their price target on shares of Avient from $47.00 to $48.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Wall Street Zen lowered shares of Avient from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 17th. Zacks Research cut shares of Avient from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 30th. Finally, Truist Financial lifted their price objective on shares of Avient from $50.00 to $56.00 and gave the stock a “buy” rating in a report on Thursday. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Avient currently has an average rating of “Hold” and a consensus price target of $47.88.
View Our Latest Stock Report on Avient
Avient Stock Down 5.1%
AVNT opened at $45.41 on Thursday. Avient has a one year low of $27.48 and a one year high of $49.08. The company has a fifty day moving average price of $41.56 and a 200-day moving average price of $38.68. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.71 and a quick ratio of 1.35. The firm has a market capitalization of $4.16 billion, a P/E ratio of 23.29, a price-to-earnings-growth ratio of 1.37 and a beta of 1.23.
Avient (NYSE:AVNT – Get Free Report) last issued its quarterly earnings data on Wednesday, November 4th. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.80 by $0.06. Avient had a return on equity of 12.17% and a net margin of 5.27%. The company had revenue of $891.20 million during the quarter, compared to analyst estimates of $857.49 million. During the same quarter in the previous year, the firm earned $0.70 earnings per share. Avient’s revenue was up 10.5% on a year-over-year basis. Equities research analysts expect that Avient will post 3.23 earnings per share for the current fiscal year.
Avient Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Investors of record on Friday, December 11th will be given a dividend of $0.2825 per share. This represents a $1.13 annualized dividend and a yield of 2.5%. The ex-dividend date is Friday, December 11th. This is a positive change from Avient’s previous quarterly dividend of $0.2750. Avient’s dividend payout ratio is 57.95%.
Institutional Trading of Avient
Several hedge funds and other institutional investors have recently bought and sold shares of AVNT. EverSource Wealth Advisors LLC lifted its holdings in Avient by 51.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,241 shares of the company’s stock worth $45,000 after buying an additional 424 shares during the period. Fulcrum Asset Management LLP increased its stake in shares of Avient by 16,450.0% during the third quarter. Fulcrum Asset Management LLP now owns 1,324 shares of the company’s stock valued at $54,000 after buying an additional 1,316 shares during the period. Signaturefd LLC raised its holdings in shares of Avient by 145.3% during the third quarter. Signaturefd LLC now owns 1,425 shares of the company’s stock valued at $57,000 after acquiring an additional 844 shares in the last quarter. Nykredit A S bought a new position in shares of Avient during the second quarter valued at approximately $61,000. Finally, Allworth Financial LP bought a new position in shares of Avient during the second quarter valued at approximately $66,000. Institutional investors own 95.48% of the company’s stock.
Key Avient News
Here are the key news stories impacting Avient this week:
- Positive Sentiment: Avient reported third-quarter adjusted EPS of $0.86, above expectations of about $0.80, while revenue rose 10.5% year over year to $891 million and also beat estimates. The company raised its full-year adjusted EPS guidance to $3.22–$3.32, citing better-than-expected sales growth. Avient Q3 2026 results and updated guidance
- Positive Sentiment: Strong cash generation enabled $50 million of debt repayment in the quarter, bringing year-to-date debt reduction to $100 million. Reports also highlighted the company’s first share buyback since 2022, which could support per-share earnings. Avient Q3 2026: EPS beat, raised guidance, and first buyback since 2022
- Positive Sentiment: Truist raised its price target from $50 to $56 and maintained a Buy rating, while Barclays increased its target from $44 to $50. The higher targets reflect improved analyst expectations, though Barclays retained an Equal Weight rating. Truist analyst recommendations
- Neutral Sentiment: Although shares were lower, the news provided does not identify a specific negative development explaining the move. Investors may be weighing the strong results against expectations or broader market conditions. Avient could be undervalued on raised guidance and buybacks
Avient Company Profile
Avient Corporation (NYSE: AVNT) is a global provider of specialized and sustainable polymer materials. The company develops, formulates and manufactures engineered materials, colorants, additives and performance-enhancing solutions used to improve the appearance, durability, processing and functionality of plastic products.
Its offerings include specialty polymer formulations, thermoplastic compounds, color and additive concentrates, advanced composites, barrier technologies and recycled or bio-based material solutions.
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