Avient Corporation $AVNT Shares Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC boosted its holdings in shares of Avient Corporation (NYSE:AVNT) by 121.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,933 shares of the company’s stock after acquiring an additional 23,016 shares during the period. Hsbc Holdings PLC’s holdings in Avient were worth $1,314,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Aster Capital Management DIFC Ltd purchased a new position in Avient during the third quarter worth approximately $29,000. TD Private Client Wealth LLC boosted its stake in Avient by 342.3% during the fourth quarter. TD Private Client Wealth LLC now owns 942 shares of the company’s stock worth $29,000 after buying an additional 729 shares during the last quarter. Torren Management LLC purchased a new stake in Avient in the 4th quarter valued at $39,000. Danske Bank A S purchased a new stake in Avient in the 3rd quarter valued at $40,000. Finally, Quarry LP increased its stake 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 during the last quarter. Institutional investors and hedge funds own 95.48% of the company’s stock.

Avient Price Performance

Shares of AVNT opened at $36.70 on Thursday. Avient Corporation has a 1-year low of $27.48 and a 1-year high of $44.85. The stock has a market cap of $3.37 billion, a PE ratio of 21.33, a P/E/G ratio of 1.16 and a beta of 1.27. The firm has a 50-day simple moving average of $36.00 and a two-hundred day simple moving average of $36.09. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.77 and a quick ratio of 1.29.

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

Avient Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, June 18th will be paid a dividend of $0.275 per share. The ex-dividend date is Thursday, June 18th. This represents a $1.10 dividend on an annualized basis and a yield of 3.0%. Avient’s dividend payout ratio is 63.95%.

Analyst Ratings Changes

Several research analysts have recently weighed in on AVNT shares. Truist Financial started coverage on shares of Avient in a research report on Monday, June 8th. They set a “buy” rating and a $44.00 price target on the stock. KeyCorp reaffirmed a “sector weight” rating on shares of Avient in a research note on Wednesday, March 4th. Robert W. Baird set a $43.00 target price on shares of Avient in a report on Friday, May 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Avient in a research note on Wednesday, May 13th. Finally, UBS Group set a $44.00 price target on shares of Avient in a report on Monday, June 8th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $45.71.

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.