Avient Corporation (NYSE:AVNT) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Avient Corporation (NYSE:AVNT) have been given a consensus recommendation of “Hold” by the seven research firms that are presently covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $47.00.

AVNT has been the topic of a number of analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Avient in a report on Monday, December 29th. Oppenheimer upped 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 price objective on Avient in a research note on Friday, February 13th. Zacks Research upgraded Avient from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. Finally, Morgan Stanley set a $45.00 target price on shares of Avient in a research note on Friday, February 13th.

Institutional Trading of Avient

A number of hedge funds have recently bought and sold shares of the company. Public Employees Retirement System of Ohio grew its stake in Avient by 12.7% in the 4th quarter. Public Employees Retirement System of Ohio now owns 2,222 shares of the company’s stock worth $69,000 after acquiring an additional 251 shares during the period. Parkside Financial Bank & Trust boosted its holdings in shares of Avient by 54.2% during the third quarter. Parkside Financial Bank & Trust now owns 967 shares of the company’s stock worth $32,000 after purchasing an additional 340 shares during the last quarter. Arcadia Investment Management Corp MI boosted its holdings in shares of Avient by 17.5% during the fourth quarter. Arcadia Investment Management Corp MI now owns 2,345 shares of the company’s stock worth $73,000 after purchasing an additional 350 shares during the last quarter. Arizona State Retirement System grew its position in shares of Avient by 1.4% in the third quarter. Arizona State Retirement System now owns 27,085 shares of the company’s stock valued at $892,000 after purchasing an additional 372 shares during the period. Finally, F m Investments LLC grew its position in shares of Avient by 0.4% in the second quarter. F m Investments LLC now owns 93,028 shares of the company’s stock valued at $3,006,000 after purchasing an additional 413 shares during the period. Institutional investors and hedge funds own 95.48% of the company’s stock.

Avient Stock Performance

NYSE:AVNT opened at $36.29 on Friday. The company has a current ratio of 1.66, a quick ratio of 1.22 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $3.32 billion, a P/E ratio of 40.77, a price-to-earnings-growth ratio of 1.10 and a beta of 1.40. The firm has a 50-day moving average price of $37.95 and a two-hundred day moving average price of $34.06. Avient has a twelve month low of $27.48 and a twelve month high of $44.85.

Avient (NYSE:AVNT) last announced its quarterly earnings results on Thursday, February 12th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.01. The company had revenue of $760.60 million for the quarter, compared to the consensus estimate of $750.19 million. Avient had a net margin of 2.51% and a return on equity of 10.95%. The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. As a group, research analysts expect that Avient will post 2.85 earnings per share for the current fiscal year.

Avient Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 3rd. Stockholders of record on Tuesday, March 17th will be given a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Tuesday, March 17th. Avient’s payout ratio is currently 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.