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

Shares of Avient Corporation (NYSE:AVNT) have been assigned a consensus rating of “Hold” from the seven brokerages that are currently covering the stock, MarketBeat.com reports. Four 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 brokers that have updated their coverage on the stock in the last year is $45.7143.

A number of brokerages have recently commented on AVNT. Truist Financial assumed coverage on shares of Avient in a research report on Monday, June 8th. They set a “buy” rating and a $44.00 price objective for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Avient in a research report on Wednesday, May 13th. UBS Group set a $44.00 price target on Avient in a research note on Monday, June 8th. Finally, Robert W. Baird set a $43.00 price target on Avient in a report on Friday, May 8th.

Avient Stock Performance

AVNT stock traded up $0.08 on Friday, reaching $36.06. 849,049 shares of the company were exchanged, compared to its average volume of 1,043,523. The firm has a market capitalization of $3.31 billion, a PE ratio of 20.96, a PEG ratio of 1.13 and a beta of 1.27. Avient has a 12 month low of $27.48 and a 12 month high of $44.85. The stock’s fifty day moving average price is $35.98 and its 200 day moving average price is $36.36. 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 (NYSE:AVNT) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.83 earnings per share for the quarter, beating 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 net margin of 4.81% and a return on equity of 11.11%. The business’s revenue was up 2.5% on a year-over-year basis. During the same period in the prior year, the firm earned $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. On average, research analysts anticipate that Avient will post 3.08 EPS for the current fiscal year.

Avient Dividend Announcement

The company 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. The ex-dividend date is Thursday, June 18th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 3.1%. Avient’s payout ratio is currently 63.95%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of AVNT. Royal Bank of Canada increased its holdings in Avient by 1.0% in the 1st quarter. Royal Bank of Canada now owns 128,730 shares of the company’s stock valued at $4,782,000 after buying an additional 1,321 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Avient by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,760 shares of the company’s stock valued at $1,998,000 after acquiring an additional 2,341 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of Avient by 294.8% during the 1st quarter. NewEdge Advisors LLC now owns 9,340 shares of the company’s stock valued at $347,000 after acquiring an additional 6,974 shares in the last quarter. United Services Automobile Association bought a new stake in Avient in the first quarter valued at about $224,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Avient by 3.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 297,976 shares of the company’s stock valued at $11,073,000 after acquiring an additional 10,535 shares during the period. 95.48% of the stock is owned by institutional investors.

Avient Company 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.