Deutsche Bank AG Acquires Shares of 107,769 Avient Corporation $AVNT

Deutsche Bank AG bought a new stake in Avient Corporation (NYSE:AVNT) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 107,769 shares of the company’s stock, valued at approximately $3,983,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. TD Private Client Wealth LLC grew its holdings 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 last quarter. Torren Management LLC acquired a new position in shares of Avient during the fourth quarter worth about $39,000. Danske Bank A S purchased a new position in Avient during the third quarter worth about $40,000. Quarry LP raised its holdings in Avient by 83.1% during the third quarter. Quarry LP now owns 1,234 shares of the company’s stock worth $41,000 after purchasing an additional 560 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in Avient in the fourth quarter valued at about $43,000. 95.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

AVNT has been the topic of a number of analyst reports. Weiss Ratings raised Avient from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday. UBS Group set a $44.00 target price on Avient in a report on Monday, June 8th. Seaport Research Partners reaffirmed a “buy” rating and set a $54.00 price target on shares of Avient in a research note on Friday, August 7th. Robert W. Baird set a $43.00 target price on shares of Avient in a report on Friday, May 8th. Finally, Truist Financial lifted their price target on shares of Avient from $44.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.71.

Avient Stock Performance

NYSE:AVNT opened at $44.75 on Wednesday. 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 company has a market capitalization of $4.10 billion, a P/E ratio of 24.19, a price-to-earnings-growth ratio of 1.28 and a beta of 1.27. The firm has a 50-day moving average price of $39.13 and a two-hundred day moving average price of $37.72. Avient Corporation has a twelve month low of $27.48 and a twelve month high of $46.64.

Avient (NYSE:AVNT) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.96 earnings per share (EPS) for the quarter, beating 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 prior year, the firm earned $0.80 earnings per share. The company’s revenue for the quarter 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. As a group, research analysts expect that Avient Corporation will post 3.2 earnings per share for the current fiscal year.

Avient Announces Dividend

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

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.