Brokerages Set Avient Corporation (NYSE:AVNT) Target Price at $46.40

Shares of Avient Corporation (NYSE:AVNT) have been given a consensus recommendation of “Hold” by the six brokerages that are presently covering the firm, Marketbeat reports. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $46.40.

Several analysts have recently weighed in on the stock. Robert W. Baird set a $43.00 price objective on shares of Avient in a research note on Friday, May 8th. Wall Street Zen upgraded shares of Avient from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. KeyCorp reissued a “sector weight” rating on shares of Avient in a research report on Wednesday, March 4th. Wells Fargo & Company lifted their price target on shares of Avient from $42.00 to $47.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Finally, Oppenheimer lifted their price target on shares of Avient from $37.00 to $41.00 and gave the company an “outperform” rating in a research report on Tuesday, January 20th.

Institutional Trading of Avient

Several hedge funds have recently bought and sold shares of the business. Public Employees Retirement System of Ohio grew its position 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 valued at $69,000 after purchasing an additional 251 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 purchasing an additional 340 shares during the period. Cetera Investment Advisers grew its position in Avient by 3.0% in the 1st quarter. Cetera Investment Advisers now owns 11,748 shares of the company’s stock valued at $426,000 after purchasing an additional 346 shares during the period. Arcadia Investment Management Corp MI grew its position in Avient by 17.5% in the 4th quarter. Arcadia Investment Management Corp MI now owns 2,345 shares of the company’s stock valued at $73,000 after purchasing an additional 350 shares during the period. Finally, Arizona State Retirement System grew its position in Avient by 1.4% in the 3rd 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. Institutional investors and hedge funds own 95.48% of the company’s stock.

Avient Stock Performance

NYSE:AVNT opened at $33.53 on Friday. The company has a fifty day moving average of $35.93 and a 200-day moving average of $34.83. The firm has a market capitalization of $3.07 billion, a P/E ratio of 19.49, a P/E/G ratio of 1.02 and a beta of 1.31. The company has a quick ratio of 1.29, a current ratio of 1.77 and a debt-to-equity ratio of 0.80. Avient has a twelve month low of $27.48 and a twelve month high of $44.85.

Avient (NYSE:AVNT) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.02. The company had revenue of $847.40 million during the quarter, compared to analyst estimates of $846.35 million. Avient had a net margin of 4.81% and a return on equity of 11.11%. Avient’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.76 EPS. Avient has set its Q2 2026 guidance at 0.890-0.890 EPS and its FY 2026 guidance at 2.930-3.170 EPS. As a group, sell-side analysts anticipate that Avient will post 3.06 EPS for the current year.

Avient Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, June 18th will be given a $0.275 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.10 annualized dividend and a yield of 3.3%. Avient’s dividend payout ratio (DPR) is presently 63.95%.

Avient Company 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.