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

Avient Corporation (NYSE:AVNT) has been given an average recommendation of “Hold” by the six analysts that are presently covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $46.40.

Several research analysts have recently weighed in on AVNT shares. KeyCorp reaffirmed a “sector weight” rating on shares of Avient in a research report on Wednesday, March 4th. Weiss Ratings restated a “hold (c)” rating on shares of Avient in a research note on Wednesday, May 13th. Wells Fargo & Company upped their price target on Avient from $42.00 to $47.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Morgan Stanley set a $45.00 price target on shares of Avient in a research note on Friday, February 13th. Finally, Robert W. Baird set a $43.00 price objective on shares of Avient in a report on Friday, May 8th.

Institutional Trading of Avient

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in shares of Avient by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 10,218,398 shares of the company’s stock worth $319,223,000 after purchasing an additional 77,246 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Avient by 4.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,973,887 shares of the company’s stock worth $180,546,000 after purchasing an additional 192,788 shares in the last quarter. Franklin Resources Inc. boosted its holdings in shares of Avient by 11.1% in the 4th quarter. Franklin Resources Inc. now owns 4,090,286 shares of the company’s stock valued at $127,781,000 after buying an additional 410,112 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Avient by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 2,283,321 shares of the company’s stock valued at $71,341,000 after buying an additional 11,801 shares during the last quarter. Finally, Channing Capital Management LLC grew its stake in shares of Avient by 0.3% in the fourth quarter. Channing Capital Management LLC now owns 2,102,982 shares of the company’s stock valued at $65,697,000 after buying an additional 7,161 shares in the last quarter. Institutional investors own 95.48% of the company’s stock.

Avient Stock Up 3.6%

Shares of AVNT stock opened at $33.81 on Friday. The firm has a fifty day moving average of $35.79 and a 200-day moving average of $34.85. 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 has a 12-month low of $27.48 and a 12-month high of $44.85. The company has a market capitalization of $3.10 billion, a price-to-earnings ratio of 19.66, a P/E/G ratio of 0.99 and a beta of 1.31.

Avient (NYSE:AVNT) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.81 by $0.02. The business had revenue of $847.40 million for the quarter, compared to analysts’ expectations of $846.35 million. Avient had a net margin of 4.81% and a return on equity of 11.11%. The firm’s revenue was up 2.5% compared to the same quarter last year. During the same period in the previous 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. As a group, equities research analysts predict that Avient will post 3.06 earnings per share for the current fiscal year.

Avient Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders 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 3.3%. The ex-dividend date is Thursday, June 18th. Avient’s dividend payout ratio is currently 63.95%.

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.