Avient Corporation (NYSE:AVNT – Get Free Report) has been assigned a consensus recommendation of “Hold” from the seven research firms that are presently covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $47.00.
A number of brokerages recently commented on AVNT. Wall Street Zen upgraded Avient from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Wells Fargo & Company increased their price target on shares of Avient from $42.00 to $47.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Oppenheimer raised their price objective on shares of Avient from $37.00 to $41.00 and gave the company an “outperform” rating in a research note on Tuesday, January 20th. Robert W. Baird set a $46.00 target price on shares of Avient in a research note on Friday, February 13th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Avient in a report on Monday, December 29th.
Check Out Our Latest Stock Report on AVNT
Avient Stock Performance
Avient (NYSE:AVNT – Get Free Report) last posted its earnings results on Thursday, February 12th. The company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.01. Avient had a net margin of 2.51% and a return on equity of 10.95%. The firm had revenue of $760.60 million during the quarter, compared to the consensus estimate of $750.19 million. During the same quarter last year, the firm earned $0.49 EPS. The firm’s revenue for the quarter was up 1.9% on a year-over-year basis. Avient has set its Q1 2026 guidance at 0.810-0.810 EPS and its FY 2026 guidance at 2.930-3.170 EPS. As a group, equities research analysts predict that Avient will post 2.85 EPS for the current year.
Avient Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, April 3rd. Shareholders of record on Tuesday, March 17th will be given a $0.275 dividend. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a $1.10 dividend on an annualized basis and a yield of 2.8%. Avient’s dividend payout ratio (DPR) is currently 123.60%.
Hedge Funds Weigh In On Avient
A number of institutional investors and hedge funds have recently made changes to their positions in AVNT. Aster Capital Management DIFC Ltd purchased a new position in Avient in the third quarter worth approximately $29,000. TD Private Client Wealth LLC lifted its position in shares of Avient by 342.3% during the 4th quarter. TD Private Client Wealth LLC now owns 942 shares of the company’s stock worth $29,000 after purchasing an additional 729 shares during the last quarter. Parkside Financial Bank & Trust grew its stake in shares of Avient by 54.2% during the third quarter. Parkside Financial Bank & Trust now owns 967 shares of the company’s stock worth $32,000 after purchasing an additional 340 shares in the last quarter. Torren Management LLC purchased a new position in Avient in the fourth quarter valued at $39,000. Finally, Danske Bank A S acquired a new stake in Avient in the third quarter valued at $40,000. 95.48% of the stock is owned by institutional investors and hedge funds.
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.
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