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

Avient Corporation (NYSE:AVNT) has earned an average rating of “Hold” from the seven analysts that are covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $45.7143.

Several research analysts recently commented on AVNT shares. Morgan Stanley set a $45.00 target price on Avient in a research note on Friday, February 13th. Truist Financial began coverage on shares of Avient in a research report on Monday. They issued a “buy” rating and a $44.00 target price on the stock. KeyCorp restated a “sector weight” rating on shares of Avient in a research note on Wednesday, March 4th. Robert W. Baird set a $43.00 price objective on shares of Avient in a research note on Friday, May 8th. Finally, Wells Fargo & Company boosted their target price on Avient from $42.00 to $47.00 and gave the company an “overweight” rating in a report on Friday, February 13th.

Avient Stock Up 3.1%

NYSE:AVNT opened at $35.57 on Wednesday. The stock’s fifty day moving average is $35.94 and its two-hundred day moving average is $35.34. Avient has a 52 week low of $27.48 and a 52 week high of $44.85. 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 stock has a market capitalization of $3.26 billion, a price-to-earnings ratio of 20.68, a price-to-earnings-growth ratio of 1.10 and a beta of 1.28.

Avient (NYSE:AVNT) last released its earnings results on Thursday, May 7th. The company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.02. Avient had a return on equity of 11.11% and a net margin of 4.81%.The company had revenue of $847.40 million during the quarter, compared to the consensus estimate of $846.35 million. During the same period in the previous year, the company posted $0.76 EPS. Avient’s revenue was up 2.5% compared to the same quarter last year. Avient has set its Q2 2026 guidance at 0.890-0.890 EPS and its FY 2026 guidance at 2.930-3.170 EPS. Research analysts anticipate that Avient will post 3.08 EPS for the current year.

Avient Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, June 18th will be issued a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Thursday, June 18th. Avient’s dividend payout ratio is currently 63.95%.

Hedge Funds Weigh In On Avient

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in shares of Avient in the 4th quarter valued at approximately $41,457,000. Invesco Ltd. lifted its holdings in Avient by 697.0% in the fourth quarter. Invesco Ltd. now owns 1,442,074 shares of the company’s stock valued at $45,050,000 after acquiring an additional 1,261,146 shares during the period. Millennium Management LLC lifted its holdings in Avient by 440.4% in the third quarter. Millennium Management LLC now owns 1,337,188 shares of the company’s stock valued at $44,060,000 after acquiring an additional 1,089,744 shares during the period. Jennison Associates LLC boosted its position in shares of Avient by 96.0% during the 1st quarter. Jennison Associates LLC now owns 1,411,254 shares of the company’s stock worth $51,229,000 after purchasing an additional 691,316 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. boosted its position in shares of Avient by 147.1% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 799,621 shares of the company’s stock worth $24,980,000 after purchasing an additional 476,016 shares in the last quarter. Institutional investors and hedge funds 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.