Maverick Capital Ltd. Makes New Investment in Avient Corporation $AVNT

Maverick Capital Ltd. bought a new position in Avient Corporation (NYSE:AVNT) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 25,650 shares of the company’s stock, valued at approximately $931,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. TD Private Client Wealth LLC lifted its stake in Avient by 342.3% in the 4th quarter. TD Private Client Wealth LLC now owns 942 shares of the company’s stock valued at $29,000 after purchasing an additional 729 shares during the last quarter. Torren Management LLC bought a new stake in shares of Avient during the fourth quarter worth $39,000. Danske Bank A S acquired a new position in shares of Avient during the third quarter worth $40,000. Quarry LP increased its holdings 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 buying an additional 560 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new position in shares of Avient in the 4th quarter valued at $43,000. 95.48% of the stock is owned by institutional investors.

Avient Price Performance

AVNT stock opened at $37.17 on Wednesday. The company has a fifty day moving average price of $36.27 and a 200-day moving average price of $36.82. The company has a market capitalization of $3.41 billion, a P/E ratio of 21.61, a PEG ratio of 1.14 and a beta of 1.27. Avient Corporation has a 52-week low of $27.48 and a 52-week high of $44.85. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.29 and a current ratio of 1.77.

Avient (NYSE:AVNT) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.02. The company 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%. Avient’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.76 earnings per share. 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 analysts expect that Avient Corporation will post 3.08 EPS for the current year.

Avient Announces Dividend

The business also recently announced 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. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.10 annualized dividend and a yield of 3.0%. Avient’s payout ratio is presently 63.95%.

Analysts Set New Price Targets

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