Deutsche Bank AG Trims Holdings in Avient Corporation $AVNT

Deutsche Bank AG trimmed its stake in Avient Corporation (NYSE:AVNT) by 8.3% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 78,669 shares of the company’s stock after selling 7,167 shares during the period. Deutsche Bank AG owned about 0.09% of Avient worth $2,923,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. UMB Bank n.a. grew its holdings in shares of Avient by 85.8% in the first quarter. UMB Bank n.a. now owns 1,126 shares of the company’s stock valued at $42,000 after purchasing an additional 520 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Avient by 57.5% in the first quarter. GAMMA Investing LLC now owns 1,422 shares of the company’s stock valued at $53,000 after purchasing an additional 519 shares in the last quarter. Allworth Financial LP grew its holdings in shares of Avient by 2,450.0% in the first quarter. Allworth Financial LP now owns 1,479 shares of the company’s stock valued at $55,000 after purchasing an additional 1,421 shares in the last quarter. Curat Global LLC acquired a new position in shares of Avient in the first quarter valued at approximately $56,000. Finally, CWM LLC grew its holdings in shares of Avient by 45.2% in the first quarter. CWM LLC now owns 2,569 shares of the company’s stock valued at $95,000 after purchasing an additional 800 shares in the last quarter. 95.48% of the stock is owned by hedge funds and other institutional investors.

Avient Trading Up 0.4%

Shares of Avient stock opened at $35.9050 on Wednesday. The company has a fifty day simple moving average of $33.88 and a 200-day simple moving average of $36.28. Avient Corporation has a 12-month low of $27.86 and a 12-month high of $54.68. The company has a current ratio of 2.03, a quick ratio of 1.50 and a debt-to-equity ratio of 0.85. The stock has a market cap of $3.29 billion, a price-to-earnings ratio of 28.05, a PEG ratio of 1.23 and a beta of 1.38.

Avient (NYSE:AVNT) last issued its earnings results on Friday, August 1st. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.02. Avient had a net margin of 3.65% and a return on equity of 10.57%. The business had revenue of $866.50 million during the quarter, compared to analysts’ expectations of $852.98 million. During the same quarter in the prior year, the business posted $0.76 EPS. The company’s revenue for the quarter was up 1.9% on a year-over-year basis. Avient has set its Q3 2025 guidance at 0.700-0.700 EPS. FY 2025 guidance at 2.770-2.870 EPS. On average, equities analysts forecast that Avient Corporation will post 2.85 EPS for the current fiscal year.

Avient Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Friday, September 12th will be issued a $0.27 dividend. The ex-dividend date is Friday, September 12th. This represents a $1.08 annualized dividend and a dividend yield of 3.0%. Avient’s dividend payout ratio is presently 84.38%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on AVNT. Wells Fargo & Company lifted their price objective on shares of Avient from $39.00 to $42.00 and gave the company an “overweight” rating in a report on Wednesday, May 7th. Robert W. Baird dropped their price objective on shares of Avient from $43.00 to $37.00 and set a “neutral” rating for the company in a report on Monday, August 4th. Finally, Morgan Stanley dropped their price objective on shares of Avient from $51.00 to $41.00 and set an “equal weight” rating for the company in a report on Monday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $45.60.

Avient Profile

Avient Corporation operates as a formulator of material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. It operates in two segments, Color, Additives and Inks; and Specialty Engineered Materials. The Color, Additives and Inks segment offers custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets, and specialty inks; custom-formulated liquid system, such as polyester, vinyl, natural rubber and latex, polyurethane, and silicone; and proprietary inks.