Rep. Gilbert Ray Cisneros, Jr. Buys Avient Corporation (NYSE:AVNT) Stock

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Avient Corporation (NYSE:AVNT). In a filing disclosed on September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Avient stock on September 2nd. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 9/2/2025.
• Sold $1,001 – $15,000 in shares of Chart Industries (NYSE:GTLS) on 9/2/2025.
• Sold $1,001 – $15,000 in shares of Amdocs (NASDAQ:DOX) on 8/27/2025.
• Sold $1,001 – $15,000 in shares of Amdocs (NASDAQ:DOX) on 8/26/2025.
• Purchased $1,001 – $15,000 in shares of Intapp (NASDAQ:INTA) on 8/26/2025.
• Purchased $1,001 – $15,000 in shares of APi Group (NYSE:APG) on 8/26/2025.
• Purchased $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 8/26/2025.
• Purchased $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 8/26/2025.
• Sold $1,001 – $15,000 in shares of Fortive (NYSE:FTV) on 8/26/2025.
• Sold $1,001 – $15,000 in shares of GoDaddy (NYSE:GDDY) on 8/26/2025.

Avient Stock Performance

Shares of AVNT stock opened at $35.19 on Friday. The stock has a market cap of $3.22 billion, a PE ratio of 27.49, a price-to-earnings-growth ratio of 1.22 and a beta of 1.40. The business has a 50-day simple moving average of $35.12 and a 200-day simple moving average of $35.33. The company has a quick ratio of 1.50, a current ratio of 2.03 and a debt-to-equity ratio of 0.85. Avient Corporation has a 52-week low of $27.86 and a 52-week high of $54.68.

Avient (NYSE:AVNT) last released its quarterly earnings results on Friday, August 1st. The company reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.02. The company had revenue of $866.50 million during the quarter, compared to analysts’ expectations of $852.98 million. Avient had a return on equity of 10.57% and a net margin of 3.65%.Avient’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.76 EPS. 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 expect that Avient Corporation will post 2.85 EPS for the current year.

Avient Announces Dividend

The business also recently disclosed 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. This represents a $1.08 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, September 12th. Avient’s payout ratio is 84.38%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. lifted its stake in Avient by 75.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 737 shares of the company’s stock worth $27,000 after purchasing an additional 318 shares in the last quarter. Diversified Trust Co lifted its stake in Avient by 2.5% during the first quarter. Diversified Trust Co now owns 14,007 shares of the company’s stock worth $520,000 after purchasing an additional 336 shares in the last quarter. ARK Investment Management LLC lifted its stake in Avient by 18.3% during the second quarter. ARK Investment Management LLC now owns 2,286 shares of the company’s stock worth $74,000 after purchasing an additional 354 shares in the last quarter. F m Investments LLC lifted its stake in Avient by 0.4% during the second quarter. F m Investments LLC now owns 93,028 shares of the company’s stock worth $3,006,000 after purchasing an additional 413 shares in the last quarter. Finally, Cerity Partners LLC lifted its stake in Avient by 1.8% during the first quarter. Cerity Partners LLC now owns 23,571 shares of the company’s stock worth $876,000 after purchasing an additional 416 shares in the last quarter. 95.48% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on AVNT. Robert W. Baird reduced 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. KeyCorp assumed coverage on Avient in a research note on Wednesday. They set an “overweight” rating and a $48.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $46.00.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.