22,193 Shares in Avient Corporation $AVNT Bought by Ieq Capital LLC

Ieq Capital LLC purchased a new stake in Avient Corporation (NYSE:AVNT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 22,193 shares of the company’s stock, valued at approximately $820,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Royal Bank of Canada lifted its stake 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 valued at $4,782,000 after buying an additional 1,321 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Avient by 4.6% in 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 raised its holdings in shares of Avient by 294.8% in 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 bought a new position in Avient in the 1st quarter valued at about $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 1st 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 acquiring an additional 10,535 shares in the last quarter. Institutional investors own 95.48% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on AVNT. Truist Financial boosted their price objective on Avient from $44.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Robert W. Baird set a $43.00 target price on Avient in a report on Friday, May 8th. Wells Fargo & Company lifted their target price on Avient from $47.00 to $48.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Weiss Ratings upgraded Avient from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 21st. Finally, Seaport Research Partners reissued a “buy” rating and issued a $54.00 price target on shares of Avient in a research report on Friday, August 7th. Three equities research 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, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $46.71.

Avient Trading Down 1.0%

NYSE:AVNT opened at $44.34 on Friday. 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 firm has a market cap of $4.07 billion, a price-to-earnings ratio of 23.96, a price-to-earnings-growth ratio of 1.29 and a beta of 1.27. Avient Corporation has a 52 week low of $27.48 and a 52 week high of $46.64. The firm has a 50-day moving average price of $39.42 and a two-hundred day moving average price of $37.81.

Avient (NYSE:AVNT) last announced its earnings results on Thursday, August 6th. The company reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.07. The firm had revenue of $917.00 million for the quarter, compared to the consensus estimate of $898.53 million. Avient had a return on equity of 11.64% and a net margin of 5.10%.The company’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.80 EPS. 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, 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. Shareholders of record on Friday, September 11th will be paid a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Friday, September 11th. Avient’s dividend payout ratio is 59.46%.

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.