Avient (NYSE:AVNT) Price Target Raised to $50.00

Avient (NYSE:AVNT) had its price target boosted by Truist Financial from $44.00 to $50.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Truist Financial’s price objective would suggest a potential upside of 15.61% from the company’s current price.

Other research analysts have also recently issued research reports about the company. UBS Group set a $44.00 price target on Avient in a research note on Monday, June 8th. Robert W. Baird set a $43.00 price objective on Avient in a report on Friday, May 8th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avient in a research report on Wednesday, May 13th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $46.57.

Avient Stock Performance

Avient stock opened at $43.25 on Friday. Avient has a 12-month low of $27.48 and a 12-month high of $44.85. The company has a market capitalization of $3.97 billion, a price-to-earnings ratio of 25.16, a price-to-earnings-growth ratio of 1.19 and a beta of 1.27. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.77 and a quick ratio of 1.29. The firm’s fifty day moving average price is $36.68 and its 200 day moving average price is $36.97.

Avient (NYSE:AVNT) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.07. The company had revenue of $917.00 million during the quarter, compared to analysts’ expectations of $898.53 million. Avient had a net margin of 4.81% and a return on equity of 11.11%. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. 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. On average, research analysts forecast that Avient will post 3.08 EPS for the current fiscal year.

Hedge Funds Weigh In On Avient

Hedge funds have recently bought and sold shares of the company. TD Private Client Wealth LLC increased its holdings in Avient by 342.3% in the fourth quarter. TD Private Client Wealth LLC now owns 942 shares of the company’s stock valued at $29,000 after buying an additional 729 shares during the last quarter. Torren Management LLC bought a new position in Avient during the 4th quarter worth approximately $39,000. Danske Bank A S bought a new position in Avient during the 3rd quarter worth approximately $40,000. Quarry LP grew its position in shares of Avient by 83.1% in the 3rd quarter. Quarry LP now owns 1,234 shares of the company’s stock worth $41,000 after acquiring an additional 560 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in shares of Avient in the 4th quarter worth approximately $43,000. 95.48% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Avient

Here are the key news stories impacting Avient this week:

• Positive Sentiment: Avient exceeded quarterly estimates. Second-quarter adjusted EPS rose 20% year over year to $0.96, topping the $0.89 consensus estimate. Sales increased 5.8% to $917 million, above the $898.5 million forecast, with 4.3% organic growth and favorable foreign-exchange effects. Avient Announces Second Quarter 2026 Results; Increases Full-Year Guidance
• Positive Sentiment: Management raised its 2026 earnings outlook. Avient now expects full-year adjusted EPS of $3.10 to $3.25, up from its prior range of $2.93 to $3.17 and representing approximately 10% to 15% growth from the prior year. The new midpoint is also above the roughly $3.08 analyst consensus. Avient Announces Second Quarter 2026 Results; Increases Full-Year Guidance
• Positive Sentiment: Third-quarter guidance also surpassed expectations. Avient projected adjusted EPS of $0.80, compared with the $0.74 consensus estimate, signaling continued earnings momentum into the next quarter.
• Positive Sentiment: Cash generation is supporting balance-sheet improvement. Strong quarterly cash flow enabled Avient to repay $50 million of debt, with management targeting total debt repayment of $100 million to $150 million during 2026. Avient Corporation 2026 Q2 Results Earnings Call Presentation
• Neutral Sentiment: Recent Zacks commentary highlighted Avient’s value, dividend and relative sector performance, but these are general investment screens rather than new company-specific catalysts. Avient’s quarterly GAAP EPS was $0.70, while adjusted EPS was $0.96, making the adjusted results and raised guidance the primary drivers of investor optimism.

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.