Avient Corporation (AVNT) To Go Ex-Dividend on March 17th

Avient Corporation (NYSE:AVNT) announced a quarterly dividend on Monday, February 16th. Stockholders of record on Tuesday, March 17th will be paid a dividend of 0.275 per share on Friday, April 3rd. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, March 17th.

Avient has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 1 years. Avient has a payout ratio of 34.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect Avient to earn $3.28 per share next year, which means the company should continue to be able to cover its $1.10 annual dividend with an expected future payout ratio of 33.5%.

Avient Stock Performance

AVNT stock opened at $43.09 on Wednesday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.66 and a quick ratio of 1.22. The stock has a market capitalization of $3.95 billion, a PE ratio of 48.42, a price-to-earnings-growth ratio of 1.42 and a beta of 1.44. The company has a 50 day moving average price of $34.97 and a 200 day moving average price of $33.69. Avient has a fifty-two week low of $27.48 and a fifty-two week high of $44.85.

Avient (NYSE:AVNT) last posted its earnings results on Thursday, February 12th. The company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.01. The firm had revenue of $760.60 million for the quarter, compared to analyst estimates of $750.19 million. Avient had a return on equity of 10.95% and a net margin of 2.51%.The company’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.49 earnings per share. Avient has set its Q1 2026 guidance at 0.810-0.810 EPS and its FY 2026 guidance at 2.930-3.170 EPS. Analysts forecast that Avient will post 2.85 EPS for the current year.

Institutional Investors Weigh In On Avient

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in shares of Avient by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 10,218,398 shares of the company’s stock valued at $319,223,000 after buying an additional 77,246 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Avient by 0.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,781,099 shares of the company’s stock valued at $149,363,000 after acquiring an additional 27,251 shares during the last quarter. Franklin Resources Inc. grew its position in Avient by 11.1% in the 4th quarter. Franklin Resources Inc. now owns 4,090,286 shares of the company’s stock valued at $127,781,000 after acquiring an additional 410,112 shares during the last quarter. Geode Capital Management LLC increased its stake in Avient by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 2,283,321 shares of the company’s stock worth $71,341,000 after purchasing an additional 11,801 shares during the period. Finally, Channing Capital Management LLC lifted its position in shares of Avient by 0.3% during the fourth quarter. Channing Capital Management LLC now owns 2,102,982 shares of the company’s stock worth $65,697,000 after purchasing an additional 7,161 shares during the last quarter. 95.48% of the stock is currently owned by hedge funds and other institutional investors.

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.