Avient Corporation $AVNT Shares Sold by F m Investments LLC

F m Investments LLC reduced its holdings in shares of Avient Corporation (NYSE:AVNT) by 90.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 9,268 shares of the company’s stock after selling 83,059 shares during the period. F m Investments LLC’s holdings in Avient were worth $290,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Parkside Financial Bank & Trust raised its holdings in Avient by 54.2% in the third quarter. Parkside Financial Bank & Trust now owns 967 shares of the company’s stock valued at $32,000 after acquiring an additional 340 shares in the last quarter. Arizona State Retirement System grew its holdings in Avient by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 27,085 shares of the company’s stock worth $892,000 after acquiring an additional 372 shares in the last quarter. Oppenheimer Asset Management Inc. grew its holdings in Avient by 6.1% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 8,729 shares of the company’s stock worth $288,000 after acquiring an additional 502 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its position in shares of Avient by 1.0% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 52,636 shares of the company’s stock worth $1,700,000 after purchasing an additional 518 shares during the last quarter. Finally, Quarry LP raised its stake in shares of Avient by 83.1% in the 3rd quarter. Quarry LP now owns 1,234 shares of the company’s stock valued at $41,000 after purchasing an additional 560 shares in the last quarter. Institutional investors own 95.48% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on AVNT. Robert W. Baird set a $43.00 target price on shares of Avient in a research note on Friday. Morgan Stanley set a $45.00 price target on Avient in a research note on Friday, February 13th. Wells Fargo & Company upped their price objective on Avient from $42.00 to $47.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Wall Street Zen raised Avient from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Finally, Oppenheimer lifted their target price on Avient from $37.00 to $41.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 20th. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $46.40.

Avient Trading Down 2.4%

NYSE AVNT opened at $36.00 on Tuesday. Avient Corporation has a one year low of $27.48 and a one year high of $44.85. The company has a 50-day simple moving average of $36.51 and a 200-day simple moving average of $34.76. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.29 and a current ratio of 1.77. The firm has a market capitalization of $3.30 billion, a PE ratio of 20.93, a price-to-earnings-growth ratio of 1.12 and a beta of 1.31.

Avient (NYSE:AVNT) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.02. Avient had a net margin of 4.81% and a return on equity of 11.11%. The firm had revenue of $847.40 million for the quarter, compared to analyst estimates of $846.35 million. During the same quarter in the prior year, the business earned $0.76 earnings per share. Avient’s quarterly revenue was up 2.5% on a year-over-year basis. 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, equities analysts forecast that Avient Corporation will post 3.05 earnings per share for the current year.

Avient Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 3rd. Stockholders of record on Tuesday, March 17th were given a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Tuesday, March 17th. Avient’s dividend 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.