Avient Corporation $AVNT Shares Sold by Susquehanna International Group LLP

Susquehanna International Group LLP lowered its stake in shares of Avient Corporation (NYSE:AVNT) by 59.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,638 shares of the company’s stock after selling 18,419 shares during the quarter. Susquehanna International Group LLP’s holdings in Avient were worth $467,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. TD Private Client Wealth LLC raised its holdings in shares of Avient by 342.3% in the 4th quarter. TD Private Client Wealth LLC now owns 942 shares of the company’s stock worth $29,000 after purchasing an additional 729 shares during the period. Danske Bank A S acquired a new position in Avient during the 3rd quarter worth approximately $40,000. Quarry LP boosted its stake in shares of Avient by 83.1% in the third quarter. Quarry LP now owns 1,234 shares of the company’s stock valued at $41,000 after purchasing an additional 560 shares during the period. Kestra Advisory Services LLC acquired a new stake in Avient during the 4th quarter valued at $43,000. Finally, EverSource Wealth Advisors LLC grew its holdings 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 in the last quarter. 95.48% of the stock is owned by hedge funds and other institutional investors.

Avient Price Performance

Shares of AVNT opened at $44.02 on Tuesday. Avient Corporation has a 52 week low of $27.48 and a 52 week high of $46.64. The company has a current ratio of 1.90, a quick ratio of 1.35 and a debt-to-equity ratio of 0.77. The firm has a market cap of $4.04 billion, a price-to-earnings ratio of 23.79, a PEG ratio of 1.29 and a beta of 1.27. The stock has a 50 day moving average of $39.70 and a 200-day moving average of $37.87.

Avient (NYSE:AVNT) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.07. The firm had revenue of $917.00 million for the quarter, compared to analysts’ expectations of $898.53 million. Avient had a return on equity of 11.64% and a net margin of 5.10%.The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same period last year, the business posted $0.80 earnings per share. Avient has set its FY 2026 guidance at 3.100-3.250 EPS and its Q3 2026 guidance at 0.800-0.800 EPS. As a group, analysts forecast that Avient Corporation will post 3.2 EPS for the current year.

Avient Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Friday, September 11th will be given a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, September 11th. Avient’s dividend payout ratio is currently 59.46%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Wells Fargo & Company boosted their price objective on shares of Avient from $47.00 to $48.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. UBS Group set a $44.00 price target on Avient in a research note on Monday, June 8th. Weiss Ratings raised Avient from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 21st. Seaport Research Partners restated a “buy” rating and set a $54.00 price objective on shares of Avient in a report on Friday, August 7th. Finally, Truist Financial upped their target price on Avient from $44.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $46.71.

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.