Infrastructure Capital Advisors LLC Makes New $530,000 Investment in Avient Corporation $AVNT

Infrastructure Capital Advisors LLC purchased a new stake in shares of Avient Corporation (NYSE:AVNT) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 14,338 shares of the company’s stock, valued at approximately $530,000.

A number of other hedge funds have also recently modified their holdings of AVNT. Elevation Point Wealth Partners LLC bought a new stake in Avient in the 2nd quarter valued at $358,000. Commerce Bank purchased a new stake in Avient during the second quarter valued at approximately $525,000. Emerald Investment Advisers LLC bought a new stake in Avient in the second quarter worth $340,000. Ieq Capital LLC bought a new stake in shares of Avient in the 2nd quarter worth about $820,000. Finally, Allworth Financial LP bought a new stake in Avient in the second quarter worth about $66,000. Institutional investors own 95.48% of the company’s stock.

Avient Price Performance

Shares of AVNT opened at $44.62 on Monday. The company has a market cap of $4.09 billion, a P/E ratio of 24.12, a PEG ratio of 1.29 and a beta of 1.27. The company has a quick ratio of 1.35, a current ratio of 1.90 and a debt-to-equity ratio of 0.77. Avient Corporation has a fifty-two week low of $27.48 and a fifty-two week high of $46.64. The firm’s 50 day moving average price is $38.85 and its 200 day moving average price is $37.63.

Avient (NYSE:AVNT) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.07. Avient had a return on equity of 11.64% and a net margin of 5.10%.The business had revenue of $917.00 million for the quarter, compared to the consensus estimate of $898.53 million. During the same quarter in the prior year, the business posted $0.80 EPS. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. Avient has set its FY 2026 guidance at 3.100-3.250 EPS and its Q3 2026 guidance at 0.800-0.800 EPS. On average, research analysts forecast that Avient Corporation will post 3.2 earnings per share for the current fiscal year.

Avient Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Friday, September 11th will be paid a $0.275 dividend. This represents a $1.10 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Friday, September 11th. Avient’s dividend payout ratio (DPR) is presently 59.46%.

Analyst Upgrades and Downgrades

A number of research firms have commented on AVNT. Truist Financial raised their target price on shares of Avient from $44.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Seaport Research Partners reissued a “buy” rating and set a $54.00 price objective on shares of Avient in a report on Friday, August 7th. Weiss Ratings upgraded shares of Avient from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday. UBS Group set a $44.00 price objective on Avient in a research report on Monday, June 8th. Finally, Wells Fargo & Company raised their target price on Avient from $47.00 to $48.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.71.

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.