KeyCorp began coverage on shares of Avient (NYSE:AVNT – Free Report) in a report released on Tuesday morning, Marketbeat.com reports. The brokerage issued an overweight rating and a $48.00 price objective on the stock. KeyCorp also issued estimates for Avient’s Q3 2025 earnings at $0.67 EPS, Q4 2025 earnings at $0.51 EPS, FY2025 earnings at $2.74 EPS, Q2 2026 earnings at $0.89 EPS, Q3 2026 earnings at $0.78 EPS, Q4 2026 earnings at $0.58 EPS and FY2026 earnings at $3.03 EPS.
Separately, Robert W. Baird decreased their price target on Avient from $43.00 to $37.00 and set a “neutral” rating for the company in a report on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $46.00.
View Our Latest Research Report on Avient
Avient Price Performance
Avient (NYSE:AVNT – Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.02. The business had revenue of $866.50 million during the quarter, compared to the consensus estimate of $852.98 million. Avient had a return on equity of 10.57% and a net margin of 3.65%.The company’s revenue was up 1.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.76 earnings per share. Avient has set its Q3 2025 guidance at 0.700-0.700 EPS. FY 2025 guidance at 2.770-2.870 EPS. As a group, equities analysts anticipate that Avient will post 2.85 EPS for the current year.
Avient Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Friday, September 12th will be issued a $0.27 dividend. The ex-dividend date of this dividend is Friday, September 12th. This represents a $1.08 dividend on an annualized basis and a yield of 3.0%. Avient’s dividend payout ratio (DPR) is 84.38%.
Institutional Investors Weigh In On Avient
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP lifted its holdings in Avient by 6.9% in the first quarter. Dimensional Fund Advisors LP now owns 4,348,157 shares of the company’s stock valued at $161,576,000 after acquiring an additional 279,064 shares during the period. Allspring Global Investments Holdings LLC increased its position in shares of Avient by 0.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 3,513,732 shares of the company’s stock valued at $129,586,000 after buying an additional 27,608 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of Avient by 9.1% in the first quarter. Alliancebernstein L.P. now owns 3,118,170 shares of the company’s stock valued at $115,871,000 after buying an additional 260,670 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Avient by 0.9% in the second quarter. Geode Capital Management LLC now owns 2,252,855 shares of the company’s stock valued at $72,797,000 after buying an additional 19,813 shares in the last quarter. Finally, Channing Capital Management LLC increased its position in shares of Avient by 4.8% in the second quarter. Channing Capital Management LLC now owns 1,760,151 shares of the company’s stock valued at $56,870,000 after buying an additional 81,393 shares in the last quarter. Institutional investors and hedge funds own 95.48% of the company’s stock.
About Avient
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.
See Also
- Five stocks we like better than Avient
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- Why Seagate Is Wall Street’s New Favorite AI Infrastructure Play
- What Are Earnings Reports?
- 3 AI Infrastructure Stocks With Upside After the Summer Rally
- 3 Best Fintech Stocks for a Portfolio Boost
- Can Advantage2 Help Overcome D-Wave’s Share Price Plateau?
Receive News & Ratings for Avient Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avient and related companies with MarketBeat.com's FREE daily email newsletter.