Avient Corporation (NYSE:AVNT) Receives Consensus Recommendation of “Hold” from Analysts

Avient Corporation (NYSE:AVNT) has received a consensus rating of “Hold” from the seven analysts that are currently covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $45.7143.

AVNT has been the topic of a number of analyst reports. KeyCorp reaffirmed a “sector weight” rating on shares of Avient in a research note on Wednesday, March 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Avient in a research note on Wednesday, May 13th. Robert W. Baird set a $43.00 price target on shares of Avient in a research note on Friday, May 8th. Morgan Stanley set a $45.00 price target on shares of Avient in a report on Friday, February 13th. Finally, UBS Group set a $44.00 price objective on shares of Avient in a research report on Monday.

Avient Price Performance

Shares of NYSE AVNT opened at $35.57 on Wednesday. The company has a current ratio of 1.77, a quick ratio of 1.29 and a debt-to-equity ratio of 0.80. The company’s 50-day moving average price is $35.94 and its 200 day moving average price is $35.34. Avient has a 52 week low of $27.48 and a 52 week high of $44.85. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of 20.68, a PEG ratio of 1.10 and a beta of 1.28.

Avient (NYSE:AVNT) last announced 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. The company had revenue of $847.40 million during the quarter, compared to analysts’ expectations of $846.35 million. Avient had a net margin of 4.81% and a return on equity of 11.11%. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.76 earnings per share. Avient has set its Q2 2026 guidance at 0.890-0.890 EPS and its FY 2026 guidance at 2.930-3.170 EPS. As a group, research analysts forecast that Avient will post 3.08 earnings per share for the current fiscal year.

Avient Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, June 18th will be paid a $0.275 dividend. This represents a $1.10 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Thursday, June 18th. Avient’s payout ratio is presently 63.95%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AVNT. Channing Capital Management LLC increased its stake in Avient by 19.1% in the third quarter. Channing Capital Management LLC now owns 2,095,821 shares of the company’s stock valued at $69,057,000 after purchasing an additional 335,670 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Avient by 5.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 868,083 shares of the company’s stock worth $28,603,000 after buying an additional 42,118 shares during the last quarter. EDENTREE ASSET MANAGEMENT Ltd grew its holdings in Avient by 26.6% in the 3rd quarter. EDENTREE ASSET MANAGEMENT Ltd now owns 319,760 shares of the company’s stock valued at $10,536,000 after buying an additional 67,200 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in Avient by 4.1% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,800,903 shares of the company’s stock valued at $56,260,000 after buying an additional 70,978 shares during the period. Finally, Stanley Laman Group Ltd. acquired a new position in shares of Avient during the 4th quarter valued at about $1,895,000. Hedge funds and other institutional investors own 95.48% of the company’s stock.

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.