Avient Corporation $AVNT Shares Sold by Susquehanna International Group LLP

Susquehanna International Group LLP reduced its stake in shares of Avient Corporation (NYSE:AVNT) by 59.3% in the second quarter, Holdings Channel.com reports. The institutional investor owned 12,638 shares of the company’s stock after selling 18,419 shares during the period. Susquehanna International Group LLP’s holdings in Avient were worth $467,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Avient Stock Down 1.5%

Shares of AVNT stock opened at $44.02 on Tuesday. Avient Corporation has a 1 year low of $27.48 and a 1 year high of $46.64. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.35 and a current ratio of 1.90. The business’s fifty day moving average is $39.70 and its 200-day moving average is $37.87. The stock has a market cap of $4.04 billion, a PE ratio of 23.79, a price-to-earnings-growth ratio of 1.29 and a beta of 1.27.

Avient (NYSE:AVNT) last announced its earnings results on Thursday, August 6th. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.07. The business had revenue of $917.00 million during the quarter, compared to analysts’ expectations of $898.53 million. Avient had a return on equity of 11.64% and a net margin of 5.10%.The company’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter last year, the business posted $0.80 earnings per share. Avient has set its FY 2026 guidance at 3.100-3.250 EPS and its Q3 2026 guidance at 0.800-0.800 EPS. Equities analysts expect that Avient Corporation will post 3.2 earnings per share for the current fiscal year.

Avient Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Friday, September 11th will be paid 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 2.5%. Avient’s payout ratio is currently 59.46%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on AVNT shares. UBS Group set a $44.00 price target on Avient in a report on Monday, June 8th. Weiss Ratings raised Avient from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 21st. Truist Financial raised their target price on Avient from $44.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Seaport Research Partners reaffirmed a “buy” rating and set a $54.00 target price on shares of Avient in a research note on Friday, August 7th. Finally, Wells Fargo & Company boosted their price target on Avient from $47.00 to $48.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Avient has an average rating of “Moderate Buy” and an average price target of $46.71.

Avient 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.