WCM Investment Management LLC Has $15.09 Million Position in Avient Corporation $AVNT

WCM Investment Management LLC decreased its position in Avient Corporation (NYSE:AVNT) by 3.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 424,550 shares of the company’s stock after selling 16,113 shares during the period. WCM Investment Management LLC’s holdings in Avient were worth $15,089,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Public Employees Retirement System of Ohio increased its holdings in Avient by 12.7% during the 4th quarter. Public Employees Retirement System of Ohio now owns 2,222 shares of the company’s stock worth $69,000 after purchasing an additional 251 shares in the last quarter. Arcadia Investment Management Corp MI increased its position in shares of Avient by 17.5% during the 4th quarter. Arcadia Investment Management Corp MI now owns 2,345 shares of the company’s stock worth $73,000 after purchasing an additional 350 shares during the last quarter. State of Michigan Retirement System raised its position in Avient by 1.8% during the first quarter. State of Michigan Retirement System now owns 22,024 shares of the company’s stock worth $799,000 after acquiring an additional 400 shares in the last quarter. Oregon Public Employees Retirement Fund raised its holdings in shares of Avient by 2.7% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 18,790 shares of the company’s stock valued at $682,000 after purchasing an additional 500 shares during the period. Finally, CANADA LIFE ASSURANCE Co raised its stake in Avient by 1.0% in the second quarter. CANADA LIFE ASSURANCE Co now owns 52,636 shares of the company’s stock valued at $1,700,000 after buying an additional 518 shares during the period. Institutional investors and hedge funds own 95.48% of the company’s stock.

Avient Stock Down 2.3%

NYSE:AVNT opened at $36.10 on Tuesday. 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 Corporation has a one year low of $27.48 and a one year high of $44.85. The company has a market cap of $3.31 billion, a PE ratio of 20.99, a P/E/G ratio of 1.16 and a beta of 1.27. The firm’s 50 day simple moving average is $35.92 and its 200 day simple moving average is $36.61.

Avient (NYSE:AVNT) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.83 EPS 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 firm had revenue of $847.40 million for the quarter, compared to analyst estimates of $846.35 million. During the same quarter in the previous year, the company posted $0.76 EPS. The business’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. On average, research analysts anticipate that Avient Corporation will post 3.08 earnings per share for the current year.

Avient Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Friday, September 11th will be issued a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Friday, September 11th. Avient’s dividend payout ratio (DPR) is presently 63.95%.

Wall Street Analyst Weigh In

AVNT has been the topic of several research analyst reports. Truist Financial began 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 Avient in a research report on Friday, May 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Avient in a research report on Wednesday, May 13th. Finally, UBS Group set a $44.00 target price on Avient in a research note on Monday, June 8th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $45.71.

Avient 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.