Maverick Capital Ltd. Makes New $931,000 Investment in Avient Corporation $AVNT

Maverick Capital Ltd. purchased a new position in Avient Corporation (NYSE:AVNT) during the first quarter, Holdings Channel reports. The institutional investor purchased 25,650 shares of the company’s stock, valued at approximately $931,000.

A number of other institutional investors also recently modified their holdings of the company. TD Private Client Wealth LLC increased its position 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 buying an additional 729 shares during the period. Danske Bank A S bought a new stake in Avient during the third quarter valued at $40,000. Quarry LP grew its holdings in Avient by 83.1% during the 3rd quarter. Quarry LP now owns 1,234 shares of the company’s stock worth $41,000 after acquiring an additional 560 shares during the period. Torren Management LLC acquired a new stake in Avient during the 4th quarter worth about $39,000. Finally, Kestra Advisory Services LLC bought a new position in shares of Avient in the 4th quarter worth about $43,000. 95.48% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on AVNT shares. Weiss Ratings restated a “hold (c)” rating on shares of Avient in a research report on Wednesday, May 13th. Robert W. Baird set a $43.00 price target on Avient in a report on Friday, May 8th. UBS Group set a $44.00 price objective on shares of Avient in a research report on Monday, June 8th. Finally, Truist Financial assumed coverage on shares of Avient in a research note on Monday, June 8th. They issued a “buy” rating and a $44.00 price objective for the company. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $45.71.

Avient Stock Performance

Shares of Avient stock opened at $37.17 on Wednesday. Avient Corporation has a one year low of $27.48 and a one year high of $44.85. The firm has a market capitalization of $3.41 billion, a price-to-earnings ratio of 21.61, a PEG ratio of 1.14 and a beta of 1.27. The business has a 50-day simple moving average of $36.27 and a 200 day simple moving average of $36.82. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.77 and a quick ratio of 1.29.

Avient (NYSE:AVNT) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.02. Avient had a return on equity of 11.11% and a net margin of 4.81%.The business had revenue of $847.40 million for the quarter, compared to analyst estimates of $846.35 million. During the same quarter in the prior year, the company earned $0.76 earnings per share. The company’s quarterly revenue was up 2.5% on a year-over-year basis. 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, research analysts anticipate that Avient Corporation will post 3.08 earnings per share for the current fiscal year.

Avient Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Friday, September 11th. Avient’s payout ratio is 63.95%.

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.