Analysts Set Avient Corporation (NYSE:AVNT) Price Target at $45.71

Shares of Avient Corporation (NYSE:AVNT) have been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $45.7143.

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

Avient Stock Performance

Shares of AVNT opened at $37.90 on Thursday. The firm has a market cap of $3.48 billion, a price-to-earnings ratio of 22.03, a PEG ratio of 1.20 and a beta of 1.27. The company has a quick ratio of 1.29, a current ratio of 1.77 and a debt-to-equity ratio of 0.80. The business’s 50 day moving average is $36.56 and its two-hundred day moving average is $36.93. Avient has a 52-week low of $27.48 and a 52-week high of $44.85.

Avient (NYSE:AVNT) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.07. The business had revenue of $917.00 million during the quarter, compared to the consensus estimate of $898.53 million. Avient had a net margin of 4.81% and a return on equity of 11.11%. Avient has set its FY 2026 guidance at 3.100-3.250 EPS. Analysts forecast that Avient will post 3.08 EPS for the current fiscal year.

Avient Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Friday, September 11th will be paid a dividend of $0.275 per share. The ex-dividend date is Friday, September 11th. This represents a $1.10 annualized dividend and a yield of 2.9%. Avient’s dividend payout ratio is presently 63.95%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Massachusetts Financial Services Co. MA grew its position in shares of Avient by 4.1% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,800,903 shares of the company’s stock valued at $56,260,000 after buying an additional 70,978 shares during the last quarter. M&T Bank Corp acquired a new stake in Avient during the fourth quarter worth about $2,350,000. Deprince Race & Zollo Inc. lifted its holdings in Avient by 44.7% in the fourth quarter. Deprince Race & Zollo Inc. now owns 1,288,463 shares of the company’s stock worth $40,252,000 after acquiring an additional 397,787 shares during the last quarter. Stanley Laman Group Ltd. bought a new position in Avient in the fourth quarter worth about $1,895,000. Finally, Vanguard Group Inc. boosted its stake in Avient by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 10,218,398 shares of the company’s stock valued at $319,223,000 after acquiring an additional 77,246 shares during the period. 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.