Avient Corporation (NYSE:AVNT) Receives Average Recommendation of “Moderate Buy” from Analysts

Avient Corporation (NYSE:AVNT) has been given a consensus recommendation of “Moderate Buy” by the six analysts that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $46.7143.

A number of research analysts have recently commented on the company. Weiss Ratings raised Avient from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday. Truist Financial upped their price objective on shares of Avient from $44.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Wells Fargo & Company increased their target price on shares of Avient from $47.00 to $48.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. UBS Group set a $44.00 target price on shares of Avient in a research note on Monday, June 8th. Finally, Robert W. Baird set a $43.00 price target on shares of Avient in a research report on Friday, May 8th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Royal Bank of Canada raised its position in Avient by 1.0% in the first quarter. Royal Bank of Canada now owns 128,730 shares of the company’s stock worth $4,782,000 after acquiring an additional 1,321 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Avient by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,760 shares of the company’s stock valued at $1,998,000 after purchasing an additional 2,341 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of Avient by 294.8% in the 1st quarter. NewEdge Advisors LLC now owns 9,340 shares of the company’s stock worth $347,000 after purchasing an additional 6,974 shares during the last quarter. United Services Automobile Association acquired a new position in shares of Avient in the 1st quarter worth approximately $224,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Avient by 3.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 297,976 shares of the company’s stock worth $11,073,000 after purchasing an additional 10,535 shares in the last quarter. 95.48% of the stock is owned by institutional investors and hedge funds.

Avient Price Performance

NYSE AVNT opened at $44.62 on Monday. The company has a 50-day moving average price of $38.85 and a two-hundred day moving average price of $37.63. Avient has a 52 week low of $27.48 and a 52 week high of $46.64. The stock has a market cap of $4.09 billion, a price-to-earnings ratio of 24.12, a price-to-earnings-growth ratio of 1.29 and a beta of 1.27. The company has a current ratio of 1.90, a quick ratio of 1.35 and a debt-to-equity ratio of 0.77.

Avient (NYSE:AVNT) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.96 earnings per share (EPS) 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 analyst estimates of $898.53 million. Avient had a return on equity of 11.64% and a net margin of 5.10%.The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.80 EPS. 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 EPS for the current year.

Avient Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Friday, September 11th will be given a dividend of $0.275 per share. The ex-dividend date is Friday, September 11th. This represents a $1.10 annualized dividend and a dividend yield of 2.5%. Avient’s dividend payout ratio (DPR) is 59.46%.

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.