Fisher Asset Management LLC Cuts Stake in Avient Corporation $AVNT

Fisher Asset Management LLC cut its stake in shares of Avient Corporation (NYSE:AVNT) by 6.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 460,777 shares of the company’s stock after selling 32,137 shares during the quarter. Fisher Asset Management LLC owned about 0.50% of Avient worth $15,183,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Royal Bank of Canada grew its position in Avient by 1.0% during the 1st quarter. Royal Bank of Canada now owns 128,730 shares of the company’s stock valued at $4,782,000 after purchasing an additional 1,321 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Avient by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,760 shares of the company’s stock worth $1,998,000 after buying an additional 2,341 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of Avient by 294.8% during the first quarter. NewEdge Advisors LLC now owns 9,340 shares of the company’s stock valued at $347,000 after buying an additional 6,974 shares during the last quarter. United Services Automobile Association bought a new stake in shares of Avient during the first quarter valued at approximately $224,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Avient by 3.7% during the first 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.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on AVNT shares. Wells Fargo & Company upped their price objective on Avient from $42.00 to $47.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Zacks Research raised Avient from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. Oppenheimer increased their price objective on Avient from $37.00 to $41.00 and gave the company an “outperform” rating in a research report on Tuesday, January 20th. Robert W. Baird set a $46.00 target price on Avient in a research report on Friday, February 13th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Avient in a research note on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $47.00.

Avient Stock Down 0.7%

Avient stock opened at $39.75 on Thursday. Avient Corporation has a one year low of $27.48 and a one year high of $44.85. The stock has a fifty day moving average of $37.29 and a 200 day moving average of $34.26. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.22 and a current ratio of 1.66. The stock has a market cap of $3.64 billion, a PE ratio of 44.66, a price-to-earnings-growth ratio of 1.32 and a beta of 1.40.

Avient (NYSE:AVNT) last announced its earnings results on Thursday, February 12th. The company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.01. Avient had a return on equity of 10.95% and a net margin of 2.51%.The business had revenue of $760.60 million for the quarter, compared to analysts’ expectations of $750.19 million. During the same period last year, the firm posted $0.49 earnings per share. The business’s revenue for the quarter was up 1.9% on a year-over-year basis. Avient has set its Q1 2026 guidance at 0.810-0.810 EPS and its FY 2026 guidance at 2.930-3.170 EPS. As a group, sell-side analysts predict that Avient Corporation will post 2.85 EPS for the current year.

Avient Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 3rd. Shareholders of record on Tuesday, March 17th will be given a $0.275 dividend. The ex-dividend date is Tuesday, March 17th. This represents a $1.10 annualized dividend and a yield of 2.8%. Avient’s dividend payout ratio (DPR) is presently 123.60%.

About Avient

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.