Avient Corporation $AVNT Position Increased by Hsbc Holdings PLC

Hsbc Holdings PLC boosted its stake in shares of Avient Corporation (NYSE:AVNT) by 121.7% in the fourth quarter, HoldingsChannel reports. The firm owned 41,933 shares of the company’s stock after purchasing an additional 23,016 shares during the quarter. Hsbc Holdings PLC’s holdings in Avient were worth $1,314,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. TD Private Client Wealth LLC increased its position in Avient by 342.3% in 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 period. Torren Management LLC acquired a new position in shares of Avient during the fourth quarter valued at $39,000. Danske Bank A S acquired a new position in shares of Avient during the third quarter valued at $40,000. Quarry LP grew its position in shares of Avient by 83.1% during the third 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. Finally, Kestra Advisory Services LLC bought a new position in shares of Avient during the fourth quarter worth about $43,000. 95.48% of the stock is currently owned by institutional investors.

Avient Price Performance

Shares of NYSE AVNT opened at $36.06 on Monday. The stock has a market cap of $3.31 billion, a P/E ratio of 20.96, a P/E/G ratio of 1.13 and a beta of 1.27. The firm’s 50-day simple moving average is $35.98 and its 200 day simple moving average is $36.40. Avient Corporation has a fifty-two week low of $27.48 and a fifty-two 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.

Avient (NYSE:AVNT) last announced its earnings results on Thursday, May 7th. The company reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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%. Avient’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. Equities analysts expect that Avient Corporation will post 3.08 EPS for the current year.

Avient Announces Dividend

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

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Truist Financial initiated coverage on shares of Avient in a research report on Monday, June 8th. They issued a “buy” rating and a $44.00 price objective on the stock. Robert W. Baird set a $43.00 target price on shares of Avient in a research report on Friday, May 8th. UBS Group set a $44.00 price target on shares of Avient in a research note on Monday, June 8th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avient in a report on Wednesday, May 13th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Avient presently has an average rating of “Hold” and an average price target of $45.71.

About Avient

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.