Infrastructure Capital Advisors LLC Invests $530,000 in Avient Corporation $AVNT

Infrastructure Capital Advisors LLC bought a new position in Avient Corporation (NYSE:AVNT) in the 2nd quarter, Holdings Channel.com reports. The firm bought 14,338 shares of the company’s stock, valued at approximately $530,000.

A number of other large investors have also added to or reduced their stakes in the company. Public Employees Retirement System of Ohio grew its position in shares of Avient by 12.7% during the fourth quarter. Public Employees Retirement System of Ohio now owns 2,222 shares of the company’s stock worth $69,000 after buying an additional 251 shares in the last quarter. Cetera Investment Advisers grew its position in shares of Avient by 3.0% during the 1st quarter. Cetera Investment Advisers now owns 11,748 shares of the company’s stock valued at $426,000 after buying an additional 346 shares during the last quarter. Arcadia Investment Management Corp MI raised its position in shares of Avient by 17.5% during the 4th 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 period. State of Michigan Retirement System increased its holdings in shares of Avient by 1.8% in the 1st quarter. State of Michigan Retirement System now owns 22,024 shares of the company’s stock worth $799,000 after acquiring an additional 400 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Avient by 51.9% in the first quarter. EverSource Wealth Advisors LLC now owns 1,241 shares of the company’s stock valued at $45,000 after purchasing an additional 424 shares during the period. 95.48% of the stock is owned by institutional investors and hedge funds.

Avient Price Performance

Shares of Avient stock opened at $44.62 on Monday. The company has a current ratio of 1.90, a quick ratio of 1.35 and a debt-to-equity ratio of 0.77. The firm has a fifty day simple moving average of $38.85 and a 200-day simple moving average of $37.63. The stock has a market capitalization of $4.09 billion, a price-to-earnings ratio of 24.12, a PEG ratio of 1.29 and a beta of 1.27. Avient Corporation has a 1-year low of $27.48 and a 1-year high of $46.64.

Avient (NYSE:AVNT) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.07. Avient had a net margin of 5.10% and a return on equity of 11.64%. The company had revenue of $917.00 million for the quarter, compared to the consensus estimate of $898.53 million. During the same quarter in the previous year, the firm posted $0.80 EPS. The business’s revenue was up 5.8% compared to the same quarter last year. Avient has set its FY 2026 guidance at 3.100-3.250 EPS and its Q3 2026 guidance at 0.800-0.800 EPS. On average, sell-side analysts expect that Avient Corporation will post 3.2 earnings per share for the current year.

Avient Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Friday, September 11th will be paid a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Friday, September 11th. Avient’s dividend payout ratio is currently 59.46%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on AVNT. Robert W. Baird set a $43.00 price objective on Avient in a research report on Friday, May 8th. Seaport Research Partners reiterated a “buy” rating and set a $54.00 price target on shares of Avient in a research report on Friday, August 7th. Truist Financial increased their price target on Avient from $44.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. UBS Group set a $44.00 price objective on shares of Avient in a research note on Monday, June 8th. Finally, Wells Fargo & Company boosted their target price on Avient from $47.00 to $48.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $46.71.

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.