Avient Corporation (NYSE:AVNT) Receives Average Recommendation of “Hold” from Analysts

Shares of Avient Corporation (NYSE:AVNTGet Free Report) have earned a consensus recommendation of “Hold” from the seven ratings firms that are covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $47.00.

A number of analysts have recently issued reports on AVNT shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Avient in a research report on Monday, December 29th. Wells Fargo & Company raised their price target on Avient from $42.00 to $47.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. KeyCorp boosted their price objective on shares of Avient from $50.00 to $56.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Wall Street Zen raised Avient from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Finally, Robert W. Baird set a $46.00 price target on shares of Avient in a research note on Friday, February 13th.

Check Out Our Latest Report on Avient

Avient Price Performance

Shares of NYSE AVNT opened at $41.05 on Monday. The stock has a fifty day moving average of $36.75 and a 200-day moving average of $34.15. Avient has a fifty-two week low of $27.48 and a fifty-two week high of $44.85. The stock has a market cap of $3.76 billion, a PE ratio of 46.13, a price-to-earnings-growth ratio of 1.36 and a beta of 1.40. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.22 and a current ratio of 1.66.

Avient (NYSE:AVNTGet Free Report) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. The company had revenue of $760.60 million during the quarter, compared to analyst estimates of $750.19 million. Avient had a net margin of 2.51% and a return on equity of 10.95%. Avient’s revenue was up 1.9% compared to the same quarter last year. During the same period last year, the business earned $0.49 earnings per share. Avient has set its Q1 2026 guidance at 0.810-0.810 EPS and its FY 2026 guidance at 2.930-3.170 EPS. Equities research analysts anticipate that Avient will post 2.85 earnings per share for the current year.

Avient Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 3rd. Investors of record on Tuesday, March 17th will be given a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, March 17th. Avient’s dividend payout ratio (DPR) is 123.60%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its stake in shares of Avient by 1.0% in the first quarter. Royal Bank of Canada now owns 128,730 shares of the company’s stock worth $4,782,000 after purchasing an additional 1,321 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Avient by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,760 shares of the company’s stock worth $1,998,000 after acquiring an additional 2,341 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Avient by 294.8% in the first quarter. NewEdge Advisors LLC now owns 9,340 shares of the company’s stock worth $347,000 after purchasing an additional 6,974 shares in the last quarter. United Services Automobile Association bought a new position in shares of Avient in the first quarter worth about $224,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Avient by 3.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 297,976 shares of the company’s stock worth $11,073,000 after purchasing an additional 10,535 shares during the period. Hedge funds and other institutional investors own 95.48% of the company’s stock.

Avient Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Avient (NYSE:AVNT)

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