Avient Corporation (NYSE:AVNT) Receives $45.71 Consensus Target Price from Analysts

Avient Corporation (NYSE:AVNT) has received an average recommendation of “Hold” from the seven brokerages that are currently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $45.7143.

AVNT has been the topic of a number of research analyst reports. KeyCorp restated a “sector weight” rating on shares of Avient in a report on Wednesday, March 4th. Weiss Ratings restated a “hold (c)” rating on shares of Avient in a report on Wednesday, May 13th. Truist Financial assumed coverage on shares of Avient in a research report on Monday, June 8th. They issued a “buy” rating and a $44.00 target price for the company. UBS Group set a $44.00 target price on shares of Avient in a research report on Monday, June 8th. Finally, Robert W. Baird set a $43.00 target price on shares of Avient in a research report on Friday, May 8th.

Avient Trading Up 0.3%

Shares of NYSE:AVNT opened at $37.65 on Wednesday. Avient has a 12 month low of $27.48 and a 12 month 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. The company’s fifty day simple moving average is $36.06 and its 200 day simple moving average is $35.60. The firm has a market cap of $3.45 billion, a price-to-earnings ratio of 21.89, a PEG ratio of 1.20 and a beta of 1.28.

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

Avient Announces Dividend

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 $0.275 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.10 dividend on an annualized basis and a yield of 2.9%. Avient’s dividend payout ratio (DPR) is 63.95%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC grew its position in Avient by 6,164.2% in the first quarter. NewEdge Advisors LLC now owns 8,394 shares of the company’s stock valued at $305,000 after purchasing an additional 8,260 shares in the last quarter. Cim Investment Management Inc. grew its position in Avient by 34.4% in the first quarter. Cim Investment Management Inc. now owns 10,244 shares of the company’s stock valued at $372,000 after purchasing an additional 2,621 shares in the last quarter. Bank of America Corp DE grew its position in Avient by 13.3% in the first quarter. Bank of America Corp DE now owns 1,066,828 shares of the company’s stock valued at $38,726,000 after purchasing an additional 124,831 shares in the last quarter. Edgestream Partners L.P. grew its position in Avient by 361.4% in the first quarter. Edgestream Partners L.P. now owns 47,958 shares of the company’s stock valued at $1,741,000 after purchasing an additional 37,564 shares in the last quarter. Finally, Amundi bought a new position in Avient in the first quarter valued at $354,000. Institutional investors own 95.48% of the company’s stock.

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.