Avient Corporation $AVNT Shares Acquired by ProShare Advisors LLC

ProShare Advisors LLC increased its stake in Avient Corporation (NYSE:AVNT) by 15.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 213,425 shares of the company’s stock after acquiring an additional 28,973 shares during the period. ProShare Advisors LLC owned approximately 0.23% of Avient worth $6,667,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Aster Capital Management DIFC Ltd acquired a new stake in shares of Avient in the third quarter worth approximately $29,000. TD Private Client Wealth LLC boosted its position in shares of Avient by 342.3% in the fourth quarter. TD Private Client Wealth LLC now owns 942 shares of the company’s stock worth $29,000 after acquiring an additional 729 shares during the last quarter. Parkside Financial Bank & Trust boosted its position in shares of Avient by 54.2% in the third quarter. Parkside Financial Bank & Trust now owns 967 shares of the company’s stock worth $32,000 after acquiring an additional 340 shares during the last quarter. Torren Management LLC acquired a new stake in shares of Avient in the fourth quarter worth approximately $39,000. Finally, Danske Bank A S acquired a new stake in shares of Avient in the third quarter worth approximately $40,000. 95.48% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. KeyCorp reissued a “sector weight” rating on shares of Avient in a research report on Wednesday, March 4th. Morgan Stanley set a $45.00 target price on shares of Avient in a research report on Friday, February 13th. Robert W. Baird set a $43.00 target price on shares of Avient in a research report on Friday, May 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Avient in a research report on Wednesday, May 13th. Finally, Wall Street Zen raised shares of Avient from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Avient presently has a consensus rating of “Hold” and a consensus price target of $46.40.

Avient Trading Up 0.5%

NYSE AVNT opened at $34.30 on Friday. Avient Corporation has a one year low of $27.48 and a one year high of $44.85. The company’s 50 day moving average price is $35.73 and its 200 day moving average price is $34.86. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.29 and a current ratio of 1.77. The firm has a market capitalization of $3.15 billion, a price-to-earnings ratio of 19.94, a PEG ratio of 1.03 and a beta of 1.31.

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

Avient Dividend Announcement

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 issued a $0.275 dividend. The ex-dividend date is Thursday, June 18th. This represents a $1.10 annualized dividend and a yield of 3.2%. 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.