Avient (NYSE:AVNT – Get Free Report) updated its third quarter 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 0.800-0.800 for the period, compared to the consensus estimate of 0.800. Avient also updated its FY 2026 guidance to 3.100-3.250 EPS.
Analysts Set New Price Targets
AVNT has been the subject of a number of recent research reports. Zacks Research raised Avient from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 29th. Weiss Ratings upgraded shares of Avient from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, September 18th. Wells Fargo & Company raised their target price on shares of Avient from $47.00 to $48.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Wall Street Zen upgraded shares of Avient from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 5th. Finally, Truist Financial lifted their price objective on Avient from $44.00 to $50.00 and gave the company a “buy” rating in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.71.
View Our Latest Report on Avient
Avient Price Performance
Avient (NYSE:AVNT – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate 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 period in the prior year, the business earned $0.80 earnings per share. The business’s revenue 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, sell-side analysts expect that Avient will post 3.20 earnings per share for the current fiscal year.
Avient Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Friday, December 11th will be given a $0.2825 dividend. This is a boost from Avient’s previous quarterly dividend of $0.2750. This represents a $1.13 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, December 11th. Avient’s dividend payout ratio (DPR) is presently 59.46%.
Avient News Summary
Here are the key news stories impacting Avient this week:
- Positive Sentiment: Avient declared its quarterly cash dividend, payable January 7, 2027, supporting the stock’s income appeal. Avient quarterly dividend announcement
- Neutral Sentiment: Avient appointed Mike Frank as president and chief executive officer, effective immediately. Frank, who previously led UPL Corporation, succeeds Ashish Khandpur, while Richard H. Fearon becomes non-executive chairman. Avient appoints Mike Frank as CEO
- Negative Sentiment: The leadership transition was accompanied by reaffirmed, rather than increased, 2026 guidance. Full-year adjusted EPS remains $3.10-$3.25, versus analyst consensus of $3.20, and third-quarter EPS guidance remains $0.80, in line with expectations. Avient names Mike Frank chief executive
- Negative Sentiment: Investors appear to be treating the sudden CEO succession and unchanged outlook as a sign of increased execution risk. Reports characterized the combination as sending AVNT shares sharply lower, with trading volume substantially above average. Avient leadership change and unchanged forecast
About Avient
Avient Corporation (NYSE: AVNT) is a global materials company that develops and manufactures specialized polymer products and solutions. Its portfolio includes engineered materials, specialty formulations, colorants, additives, inks, and other technologies designed to improve the performance, appearance, sustainability, and processing of plastics and other materials.
The company serves customers across a range of industries, including packaging, transportation, healthcare, consumer products, electronics, building and construction, and energy.
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