Avient Corporation (NYSE:AVNT) Given Consensus Recommendation of “Hold” by Analysts

Shares of Avient Corporation (NYSE:AVNT) have received an average recommendation of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $45.7143.

A number of brokerages have recently issued reports on AVNT. Robert W. Baird set a $43.00 target price on shares of Avient in a research note on Friday, May 8th. UBS Group set a $44.00 price objective on shares of Avient in a research report on Monday, June 8th. Truist Financial assumed coverage on shares of Avient in a research note on Monday, June 8th. They issued a “buy” rating and a $44.00 target price on the stock. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avient in a research report on Wednesday, May 13th.

Institutional Trading of Avient

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

Avient Stock Up 0.7%

Shares of AVNT opened at $35.97 on Friday. The business has a fifty day moving average of $35.99 and a 200 day moving average of $36.36. The company has a market cap of $3.30 billion, a PE ratio of 20.91, a P/E/G ratio of 1.12 and a beta of 1.27. The company has a quick ratio of 1.29, a current ratio of 1.77 and a debt-to-equity ratio of 0.80. Avient has a 52-week low of $27.48 and a 52-week high of $44.85.

Avient (NYSE:AVNT) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.81 by $0.02. Avient had a net margin of 4.81% and a return on equity of 11.11%. The company had revenue of $847.40 million for the quarter, compared to the consensus estimate of $846.35 million. During the same period in the prior year, the firm posted $0.76 EPS. The firm’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. On average, sell-side analysts expect that Avient will post 3.08 EPS for the current year.

Avient Dividend Announcement

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

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.