Avient Corporation $AVNT Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. trimmed its holdings in Avient Corporation (NYSE:AVNT) by 0.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,141,152 shares of the company’s stock after selling 73,782 shares during the quarter. Vanguard Group Inc. owned about 11.08% of Avient worth $334,151,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AVNT. Geode Capital Management LLC grew its position in shares of Avient by 0.9% in the 2nd quarter. Geode Capital Management LLC now owns 2,252,855 shares of the company’s stock valued at $72,797,000 after buying an additional 19,813 shares during the last quarter. Channing Capital Management LLC grew its position in Avient by 4.8% during the 2nd quarter. Channing Capital Management LLC now owns 1,760,151 shares of the company’s stock worth $56,870,000 after purchasing an additional 81,393 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in Avient by 27.8% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,729,925 shares of the company’s stock valued at $57,001,000 after purchasing an additional 376,667 shares during the period. Westfield Capital Management Co. LP raised its holdings in shares of Avient by 5.7% in the second quarter. Westfield Capital Management Co. LP now owns 1,560,102 shares of the company’s stock valued at $50,407,000 after buying an additional 84,784 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of Avient by 21.9% during the second quarter. The Manufacturers Life Insurance Company now owns 1,288,581 shares of the company’s stock worth $41,634,000 after buying an additional 231,102 shares during the period. Institutional investors and hedge funds own 95.48% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Zacks Research upgraded Avient from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. KeyCorp boosted their price target on Avient from $50.00 to $56.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Oppenheimer boosted their price objective on shares of Avient from $37.00 to $41.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 20th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Avient in a report on Monday, December 29th. Finally, Morgan Stanley set a $45.00 price objective on Avient in a research report on Friday, February 13th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $47.00.

Avient Stock Down 0.1%

AVNT opened at $41.05 on Friday. Avient Corporation has a 12 month low of $27.48 and a 12 month high of $44.85. The business has a 50-day moving average of $36.75 and a two-hundred day moving average of $34.17. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.66 and a quick ratio of 1.22. The stock has a market capitalization of $3.76 billion, a price-to-earnings ratio of 46.13, a price-to-earnings-growth ratio of 1.36 and a beta of 1.44.

Avient (NYSE:AVNT) last released its earnings results on Thursday, February 12th. The company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.01. The business had revenue of $760.60 million for the quarter, compared to analysts’ expectations of $750.19 million. Avient had a net margin of 2.51% and a return on equity of 10.95%. The company’s quarterly revenue was up 1.9% on a year-over-year basis. During the same period last year, the company earned $0.49 earnings per share. Avient has set its Q1 2026 guidance at 0.810-0.810 EPS and its FY 2026 guidance at 2.930-3.170 EPS. On average, research analysts expect that Avient Corporation will post 2.85 earnings per share for the current year.

Avient Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 3rd. Investors of record on Tuesday, March 17th will be issued a $0.275 dividend. This represents a $1.10 annualized dividend and a yield of 2.7%. The ex-dividend date is Tuesday, March 17th. Avient’s dividend payout ratio is currently 123.60%.

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.