Avient (NYSE:AVNT) Updates FY 2026 Earnings Guidance

Avient (NYSE:AVNT) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.100-3.250 for the period, compared to the consensus estimate of 3.080. The company issued revenue guidance of -. Avient also updated its Q3 2026 guidance to 0.800-0.800 EPS.

Avient Price Performance

Avient stock traded up $3.28 during midday trading on Friday, reaching $45.93. 1,664,732 shares of the stock were exchanged, compared to its average volume of 750,505. Avient has a 52 week low of $27.48 and a 52 week high of $46.53. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.29 and a current ratio of 1.90. The firm has a market cap of $4.21 billion, a PE ratio of 24.83, a PEG ratio of 1.32 and a beta of 1.27. The company’s fifty day moving average is $36.89 and its 200-day moving average is $37.04.

Avient (NYSE:AVNT) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.07. Avient had a net margin of 5.10% and a return on equity of 11.64%. The firm had revenue of $917.00 million during the quarter, compared to analyst estimates of $898.53 million. During the same period in the previous year, the business earned $0.80 EPS. The business’s revenue for the quarter 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 forecast that Avient will post 3.12 EPS for the current year.

Avient Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Friday, September 11th will be issued a $0.275 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.10 annualized dividend and a dividend yield of 2.4%. Avient’s dividend payout ratio (DPR) is presently 63.95%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on AVNT. Weiss Ratings restated a “hold (c)” rating on shares of Avient in a research report on Wednesday, May 13th. Truist Financial boosted their price target on shares of Avient from $44.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday. Seaport Research Partners reissued a “buy” rating and issued a $54.00 price target on shares of Avient in a report on Friday. UBS Group set a $44.00 price objective on shares of Avient in a research report on Monday, June 8th. Finally, Robert W. Baird set a $43.00 target price on shares of Avient in a research report on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Avient presently has a consensus rating of “Moderate Buy” and an average target price of $46.71.

Key Avient News

Here are the key news stories impacting Avient this week:

• Positive Sentiment: Q2 results exceeded expectations: Avient reported adjusted EPS of $0.96, above the $0.89 consensus estimate and up 20% year over year. Revenue rose 5.8% to $917 million, surpassing the $898.5 million consensus estimate, supported by organic growth in both business segments. Avient Announces Second Quarter 2026 Results; Increases Full-Year Guidance
• Positive Sentiment: Full-year outlook increased: Management raised 2026 adjusted EPS guidance to $3.10-$3.25 from $2.93-$3.17, implying 10%-15% growth from the prior year and slightly exceeding the $3.08 analyst consensus. The company also generated strong cash flow and repaid $50 million of debt during the quarter, with $100 million-$150 million of repayment expected for the full year. Avient Second Quarter Results and Guidance
• Positive Sentiment: Q3 guidance also topped expectations: Avient provided adjusted EPS guidance of $0.80 for the third quarter, above the $0.74 consensus estimate, reinforcing expectations for continued earnings momentum.
• Positive Sentiment: Analysts became more bullish: Truist raised its price target from $44 to $50 and upgraded Avient to “buy,” while Wells Fargo increased its target from $47 to $48 and maintained an “overweight” rating. These targets indicate further potential appreciation based on the cited current price. Analyst Price Target Updates
• Neutral Sentiment: Valuation requires monitoring: After the recent rally, Avient trades near its 52-week high at roughly 26.7 times earnings. While improved guidance supports the valuation, some of the positive earnings news may already be reflected in the stock.

Hedge Funds Weigh In On Avient

Several institutional investors and hedge funds have recently made changes to their positions in the business. Royal Bank of Canada increased its holdings in shares of Avient by 1.0% in the first quarter. Royal Bank of Canada now owns 128,730 shares of the company’s stock worth $4,782,000 after buying an additional 1,321 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Avient by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,760 shares of the company’s stock worth $1,998,000 after acquiring an additional 2,341 shares during the last quarter. NewEdge Advisors LLC grew its position in Avient by 294.8% during the 1st quarter. NewEdge Advisors LLC now owns 9,340 shares of the company’s stock worth $347,000 after acquiring an additional 6,974 shares during the last quarter. United Services Automobile Association purchased a new position in Avient in the 1st quarter worth approximately $224,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position 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 purchasing an additional 10,535 shares during the last quarter. Institutional investors 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.