Analysts Set Avient Corporation (NYSE:AVNT) Target Price at $45.71

Avient Corporation (NYSE:AVNT) has been given a consensus rating of “Hold” by the seven analysts that are presently covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $45.7143.

A number of equities research analysts have weighed in on the company. Weiss Ratings restated a “hold (c)” rating on shares of Avient in a research report on Wednesday, May 13th. Truist Financial began coverage on Avient in a research report on Monday, June 8th. They set a “buy” rating and a $44.00 price objective for the company. UBS Group set a $44.00 price objective on Avient in a research report on Monday. Morgan Stanley set a $45.00 price objective on Avient in a research report on Friday, February 13th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Avient in a research report on Wednesday, March 4th.

Institutional Investors Weigh In On Avient

A number of institutional investors and hedge funds have recently modified their holdings of AVNT. Norges Bank acquired a new stake in shares of Avient during the 4th quarter valued at $41,457,000. Invesco Ltd. lifted its position in shares of Avient by 697.0% during the 4th quarter. Invesco Ltd. now owns 1,442,074 shares of the company’s stock valued at $45,050,000 after acquiring an additional 1,261,146 shares during the last quarter. Millennium Management LLC lifted its position in shares of Avient by 440.4% during the 3rd quarter. Millennium Management LLC now owns 1,337,188 shares of the company’s stock valued at $44,060,000 after acquiring an additional 1,089,744 shares during the last quarter. Jennison Associates LLC lifted its position in shares of Avient by 96.0% during the 1st quarter. Jennison Associates LLC now owns 1,411,254 shares of the company’s stock valued at $51,229,000 after acquiring an additional 691,316 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. lifted its position in shares of Avient by 147.1% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 799,621 shares of the company’s stock valued at $24,980,000 after acquiring an additional 476,016 shares during the last quarter. Institutional investors and hedge funds own 95.48% of the company’s stock.

Avient Stock Performance

AVNT opened at $37.79 on Wednesday. The company has a market capitalization of $3.47 billion, a price-to-earnings ratio of 21.97, a price-to-earnings-growth ratio of 1.17 and a beta of 1.28. 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 has a 1-year low of $27.48 and a 1-year high of $44.85. The business has a 50 day moving average price of $35.96 and a two-hundred day moving average price of $35.46.

Avient (NYSE:AVNT) last released its earnings results on Thursday, May 7th. The company reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.02. The firm had revenue of $847.40 million during the quarter, compared to the consensus estimate of $846.35 million. Avient had a return on equity of 11.11% and a net margin of 4.81%.The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the prior 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. Research analysts predict that Avient will post 3.08 EPS for the current fiscal year.

Avient Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, June 18th will be given a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Thursday, June 18th. Avient’s dividend payout ratio is 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.