Avient Corporation (NYSE:AVNT) Receives Consensus Recommendation of “Hold” from Analysts

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

A number of equities analysts recently weighed in on AVNT shares. UBS Group set a $44.00 target price on shares of Avient in a research note on Monday, June 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avient in a research report on Wednesday, May 13th. 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. Finally, Robert W. Baird set a $43.00 price target on Avient in a report on Friday, May 8th.

Avient Stock Performance

Shares of AVNT stock opened at $37.29 on Friday. The stock has a market capitalization of $3.42 billion, a PE ratio of 21.68, a PEG ratio of 1.17 and a beta of 1.27. The business’s 50 day simple moving average is $35.98 and its 200 day simple moving average is $36.15. 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 has a one year low of $27.48 and a one year high of $44.85.

Avient (NYSE:AVNT) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.02. The firm had revenue of $847.40 million during the quarter, compared to analyst estimates of $846.35 million. Avient had a net margin of 4.81% and a return on equity of 11.11%. The company’s revenue was up 2.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.76 EPS. 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, research analysts forecast that Avient will post 3.08 earnings per share for the current year.

Avient Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, June 18th will be given a dividend of $0.275 per share. The ex-dividend date is Thursday, June 18th. This represents a $1.10 annualized dividend and a dividend yield of 2.9%. Avient’s dividend payout ratio is presently 63.95%.

Institutional Investors Weigh In On Avient

A number of hedge funds have recently added to or reduced their stakes in the business. Norges Bank bought a new position in shares of Avient during the 4th quarter worth approximately $41,457,000. Invesco Ltd. grew its position in shares of Avient by 697.0% during the 4th quarter. Invesco Ltd. now owns 1,442,074 shares of the company’s stock worth $45,050,000 after buying an additional 1,261,146 shares during the period. Millennium Management LLC increased its stake in shares of Avient by 440.4% in the 3rd 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 in the last quarter. Jennison Associates LLC increased its stake in shares of Avient by 96.0% in the 1st quarter. Jennison Associates LLC now owns 1,411,254 shares of the company’s stock valued at $51,229,000 after acquiring an additional 691,316 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. lifted 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 valued at $24,980,000 after acquiring an additional 476,016 shares during the period. 95.48% of the stock is currently owned by institutional investors.

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.