Avient Corporation (NYSE:AVNT) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Avient Corporation (NYSE:AVNT) have earned a consensus rating of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $46.7143.

AVNT has been the topic of several research analyst reports. Truist Financial raised their price objective on Avient from $44.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Seaport Research Partners reissued a “buy” rating and issued a $54.00 target price on shares of Avient in a research note on Friday, August 7th. UBS Group set a $44.00 price target on Avient in a report on Monday, June 8th. Wall Street Zen raised Avient from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 5th. Finally, Weiss Ratings cut Avient from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, September 4th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Allworth Financial LP raised its position in shares of Avient by 18.1% during the second quarter. Allworth Financial LP now owns 1,798 shares of the company’s stock worth $66,000 after acquiring an additional 275 shares during the last quarter. Cetera Investment Advisers boosted its holdings in Avient by 3.0% in the first quarter. Cetera Investment Advisers now owns 11,748 shares of the company’s stock valued at $426,000 after acquiring an additional 346 shares during the last quarter. Arcadia Investment Management Corp MI boosted its holdings in Avient by 17.5% in the fourth quarter. Arcadia Investment Management Corp MI now owns 2,345 shares of the company’s stock valued at $73,000 after acquiring an additional 350 shares during the last quarter. State of Michigan Retirement System increased its position in Avient by 1.8% during the 1st quarter. State of Michigan Retirement System now owns 22,024 shares of the company’s stock valued at $799,000 after purchasing an additional 400 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in Avient by 51.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,241 shares of the company’s stock valued at $45,000 after purchasing an additional 424 shares during the period. Institutional investors own 95.48% of the company’s stock.

Avient Stock Down 0.7%

Shares of NYSE:AVNT opened at $40.66 on Friday. Avient has a 52 week low of $27.48 and a 52 week high of $46.64. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.35 and a current ratio of 1.90. The company has a market capitalization of $3.73 billion, a PE ratio of 21.98, a PEG ratio of 1.18 and a beta of 1.29. The company has a 50 day moving average price of $41.03 and a two-hundred day moving average price of $37.87.

Avient (NYSE:AVNT) last announced 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. Avient had a net margin of 5.10% and a return on equity of 11.64%. The company had revenue of $917.00 million for the quarter, compared to analysts’ expectations of $898.53 million. During the same period last year, the firm posted $0.80 earnings per share. The business’s quarterly revenue 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. Analysts forecast that Avient will post 3.2 earnings per share for the current year.

Avient Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Friday, September 11th will be issued a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a yield of 2.7%. The ex-dividend date is Friday, September 11th. Avient’s dividend payout ratio (DPR) is 59.46%.

Avient Company Profile

Avient Corporation (NYSE: AVNT) is a global materials company that develops and manufactures specialized polymer products and solutions. Its offerings include engineered materials, polymer colorants and additives, composites, films, and other products designed to improve the performance, appearance, durability, and sustainability of manufactured goods.

The company serves customers across industries including transportation, healthcare, packaging, consumer goods, electronics, energy, and building and infrastructure.