Avient Corporation (NYSE:AVNT) Receives Average Recommendation of “Hold” from Brokerages
by Teresa Graham · The Cerbat GemAvient Corporation (NYSE:AVNT – Get Free Report) has been assigned a consensus recommendation of “Hold” from the seven research firms that are currently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $47.00.
AVNT has been the topic of a number of research reports. Morgan Stanley set a $45.00 price target on Avient in a research note on Friday, February 13th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Avient in a report on Monday, December 29th. Wall Street Zen upgraded shares of Avient from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Wells Fargo & Company raised their price objective on shares of Avient from $42.00 to $47.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Finally, Oppenheimer upped their target price on shares of Avient from $37.00 to $41.00 and gave the company an “outperform” rating in a report on Tuesday, January 20th.
View Our Latest Stock Analysis on AVNT
Avient Trading Down 2.3%
NYSE AVNT opened at $36.70 on Tuesday. Avient has a 12 month low of $27.48 and a 12 month high of $44.85. The company has a market capitalization of $3.37 billion, a price-to-earnings ratio of 41.56, a price-to-earnings-growth ratio of 1.14 and a beta of 1.40. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.66 and a quick ratio of 1.22. The firm’s fifty day moving average price is $37.39 and its 200 day moving average price is $34.45.
Avient (NYSE:AVNT – Get Free Report) last released its quarterly earnings data 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. Avient had a net margin of 2.51% and a return on equity of 10.95%. The company had revenue of $760.60 million during the quarter, compared to the consensus estimate of $750.19 million. During the same quarter in the prior year, the firm posted $0.49 earnings per share. Avient’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. On average, sell-side analysts expect that Avient will post 3.05 earnings per share for the current fiscal year.
Avient Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, April 3rd. Shareholders of record on Tuesday, March 17th were paid a dividend of $0.275 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $1.10 annualized dividend and a yield of 3.0%. Avient’s dividend payout ratio is currently 123.60%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Aster Capital Management DIFC Ltd acquired a new position in shares of Avient in the third quarter valued at approximately $29,000. TD Private Client Wealth LLC lifted its holdings in shares of Avient by 342.3% during the fourth quarter. TD Private Client Wealth LLC now owns 942 shares of the company’s stock worth $29,000 after purchasing an additional 729 shares during the period. Parkside Financial Bank & Trust grew its position in Avient by 54.2% in the 3rd quarter. Parkside Financial Bank & Trust now owns 967 shares of the company’s stock valued at $32,000 after buying an additional 340 shares during the last quarter. Torren Management LLC purchased a new position in Avient in the 4th quarter valued at $39,000. Finally, Danske Bank A S acquired a new position in Avient in the 3rd quarter valued at $40,000. 95.48% of the stock is currently owned by hedge funds and other institutional investors.
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.