Avient Corporation (NYSE:AVNT) Given Consensus Rating of “Hold” by Brokerages

Avient Corporation (NYSE:AVNT) has been given a consensus rating of “Hold” by the seven ratings firms that are currently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $45.7143.

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

Avient Stock Down 3.6%

Shares of NYSE:AVNT opened at $35.80 on Thursday. The company has a quick ratio of 1.29, a current ratio of 1.77 and a debt-to-equity ratio of 0.80. The business has a fifty day moving average of $36.31 and a two-hundred day moving average of $36.84. The stock has a market cap of $3.28 billion, a P/E ratio of 20.81, a PEG ratio of 1.17 and a beta of 1.27. Avient has a 52-week low of $27.48 and a 52-week high of $44.85.

Avient (NYSE:AVNT) last issued its earnings results on Thursday, May 7th. The company reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.02. Avient had a return on equity of 11.11% and a net margin of 4.81%.The business had revenue of $847.40 million during the quarter, compared to the consensus estimate of $846.35 million. During the same period last year, the company earned $0.76 EPS. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. 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 expect that Avient will post 3.08 earnings per share for the current year.

Avient Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Friday, September 11th will be issued a $0.275 dividend. The ex-dividend date is Friday, September 11th. This represents a $1.10 dividend on an annualized basis and a yield of 3.1%. Avient’s dividend payout ratio is currently 63.95%.

Institutional Investors Weigh In On Avient

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AVNT. TD Private Client Wealth LLC raised its position in Avient by 342.3% in the fourth 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 period. Danske Bank A S acquired a new position in shares of Avient in the 3rd quarter valued at $40,000. Quarry LP grew its holdings in shares of Avient by 83.1% during the 3rd quarter. Quarry LP now owns 1,234 shares of the company’s stock worth $41,000 after purchasing an additional 560 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of Avient by 51.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,241 shares of the company’s stock worth $45,000 after purchasing an additional 424 shares during the period. Finally, Torren Management LLC acquired a new stake in shares of Avient during the 4th quarter worth about $39,000. Institutional investors and hedge funds own 95.48% of the company’s stock.

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.