Fiera Capital Corp Cuts Stake in Avient Corporation $AVNT

Fiera Capital Corp lessened its stake in shares of Avient Corporation (NYSE:AVNT) by 2.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 601,029 shares of the company’s stock after selling 13,026 shares during the period. Fiera Capital Corp owned 0.66% of Avient worth $19,804,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Geode Capital Management LLC raised its holdings in shares of Avient by 0.9% during the second quarter. Geode Capital Management LLC now owns 2,252,855 shares of the company’s stock valued at $72,797,000 after acquiring an additional 19,813 shares during the last quarter. Channing Capital Management LLC boosted its stake in shares of Avient by 4.8% in the second quarter. Channing Capital Management LLC now owns 1,760,151 shares of the company’s stock worth $56,870,000 after acquiring an additional 81,393 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Avient by 27.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,729,925 shares of the company’s stock worth $57,001,000 after purchasing an additional 376,667 shares in the last quarter. Westfield Capital Management Co. LP raised its stake in Avient by 5.7% in the 2nd quarter. Westfield Capital Management Co. LP now owns 1,560,102 shares of the company’s stock valued at $50,407,000 after purchasing an additional 84,784 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in Avient by 21.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,288,581 shares of the company’s stock valued at $41,634,000 after purchasing an additional 231,102 shares during the last quarter. 95.48% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have issued reports on AVNT. Robert W. Baird set a $46.00 target price on shares of Avient in a research note on Friday, February 13th. Morgan Stanley set a $45.00 price target on shares of Avient in a research note on Friday, February 13th. KeyCorp boosted their price target on shares of Avient from $50.00 to $56.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Zacks Research upgraded shares of Avient from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. Finally, Wall Street Zen raised shares of Avient from a “hold” rating to a “buy” rating in a research note on Saturday. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Avient presently has a consensus rating of “Hold” and a consensus target price of $47.00.

Avient Price Performance

Avient stock opened at $42.53 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 50-day moving average price of $35.66 and a 200 day moving average price of $33.87. Avient Corporation has a 12-month low of $27.48 and a 12-month high of $44.85. The stock has a market cap of $3.90 billion, a P/E ratio of 47.78, a PEG ratio of 1.41 and a beta of 1.44.

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

Avient Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 3rd. Investors of record on Tuesday, March 17th will be issued a $0.275 dividend. This represents a $1.10 annualized dividend and a yield of 2.6%. The ex-dividend date is Tuesday, March 17th. Avient’s payout ratio is 123.60%.

Avient Profile

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.