Vanguard Personalized Indexing Management LLC Purchases 1,595 Shares of Avient Corporation $AVNT

Vanguard Personalized Indexing Management LLC grew its holdings in shares of Avient Corporation (NYSE:AVNT) by 15.8% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,673 shares of the company’s stock after purchasing an additional 1,595 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Avient were worth $377,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Intech Investment Management LLC lifted its stake in shares of Avient by 24.6% during the 1st quarter. Intech Investment Management LLC now owns 97,359 shares of the company’s stock valued at $3,618,000 after buying an additional 19,223 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Avient by 1.7% during the 1st quarter. Bank of New York Mellon Corp now owns 969,159 shares of the company’s stock valued at $36,014,000 after acquiring an additional 15,737 shares during the period. Strs Ohio purchased a new stake in shares of Avient during the first quarter worth $7,804,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Avient during the first quarter worth $230,000. Finally, Blue Trust Inc. boosted its holdings in shares of Avient by 20.1% in the first quarter. Blue Trust Inc. now owns 2,645 shares of the company’s stock worth $98,000 after acquiring an additional 443 shares during the period. Hedge funds and other institutional investors own 95.48% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on AVNT shares. 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 research report on Monday, August 4th. Weiss Ratings restated a “hold (c)” rating on shares of Avient in a research note on Wednesday, October 8th. Finally, KeyCorp started coverage on Avient in a report on Wednesday, September 17th. They set an “overweight” rating and a $48.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $43.60.

Avient Trading Up 2.4%

Avient stock opened at $32.57 on Friday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.50 and a current ratio of 2.03. Avient Corporation has a fifty-two week low of $27.86 and a fifty-two week high of $54.68. The stock has a market cap of $2.98 billion, a P/E ratio of 25.44, a PEG ratio of 1.11 and a beta of 1.41. The firm’s fifty day moving average price is $34.53 and its 200-day moving average price is $34.34.

Avient (NYSE:AVNT) last posted its quarterly earnings data 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. The company had revenue of $866.50 million during the quarter, compared to analyst estimates of $852.98 million. Avient had a return on equity of 10.57% and a net margin of 3.65%.The firm’s quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter last 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. Equities research analysts forecast that Avient Corporation will post 2.85 earnings per share for the current fiscal year.

Avient Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Friday, December 12th will be given a $0.275 dividend. This represents a $1.10 annualized dividend and a dividend yield of 3.4%. This is a positive change from Avient’s previous quarterly dividend of $0.27. The ex-dividend date is Friday, December 12th. Avient’s dividend payout ratio (DPR) is currently 84.38%.

Avient Company 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.