Avient (NYSE:AVNT) Issues Earnings Results

Avient (NYSE:AVNTGet Free Report) posted its quarterly earnings data on Thursday. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.07, FiscalAI reports. Avient had a net margin of 5.10% and a return on equity of 11.64%. The business had revenue of $917.00 million for the quarter, compared to the consensus estimate of $898.53 million. During the same period last year, the firm posted $0.80 earnings per share. The company’s revenue was up 5.8% compared to the same quarter last year. Avient updated its FY 2026 guidance to 3.100-3.250 EPS and its Q3 2026 guidance to 0.800-0.800 EPS.

Here are the key takeaways from Avient’s conference call:

  • Avient raised its 2026 outlook, now expecting adjusted EBITDA of $575–$603 million, adjusted EPS of $3.10–$3.25, and free cash flow of $210–$230 million.
  • Second-quarter adjusted EPS was $0.96, $0.09 above expectations, supported by 4.3% organic sales growth, double-digit adjusted EBITDA growth, and record 18.3% adjusted EBITDA margins.
  • Growth was broad-based, with particular strength in Asia, packaging, building and construction, electronics, high-performance computing, and defense; management expects volume growth to become the primary driver by the fourth quarter.
  • Strong cash generation enabled $50 million of debt repayment in the quarter, while full-year debt reduction is expected at $100–$150 million, bringing year-end net leverage to 2.2–2.4 times.
  • Transportation remains weak because of lower vehicle production and marine demand, while healthcare is being pressured by customer inventory rebalancing; management does not expect transportation conditions to improve materially in the second half.

Avient Trading Up 7.7%

Shares of AVNT traded up $3.28 during midday trading on Friday, reaching $45.93. The company had a trading volume of 1,664,732 shares, compared to its average volume of 750,505. The company has a quick ratio of 1.29, a current ratio of 1.90 and a debt-to-equity ratio of 0.77. Avient has a 1-year low of $27.48 and a 1-year high of $46.53. The firm has a 50 day simple moving average of $36.89 and a 200-day simple moving average of $37.04. The stock has a market cap of $4.21 billion, a PE ratio of 24.83, a price-to-earnings-growth ratio of 1.32 and a beta of 1.27.

Avient Dividend Announcement

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 paid a $0.275 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.4%. Avient’s dividend payout ratio (DPR) is 63.95%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Truist Financial upped their price target on shares of Avient from $44.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday. Weiss Ratings reiterated a “hold (c)” rating on shares of Avient in a report on Wednesday, May 13th. Robert W. Baird set a $43.00 price objective on Avient in a research note on Friday, May 8th. Wells Fargo & Company increased their target price on Avient from $47.00 to $48.00 and gave the company an “overweight” rating in a report on Friday. Finally, UBS Group set a $44.00 target price on Avient in a research report on Monday, June 8th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Avient currently has an average rating of “Moderate Buy” and a consensus price target of $46.71.

View Our Latest Analysis on AVNT

Hedge Funds Weigh In On Avient

Several large investors have recently modified their holdings of the business. Mercer Global Advisors Inc. ADV purchased a new stake in shares of Avient during the 3rd quarter worth approximately $215,000. National Bank of Canada FI grew its position in shares of Avient by 58.3% in the 3rd quarter. National Bank of Canada FI now owns 3,070 shares of the company’s stock valued at $101,000 after buying an additional 1,131 shares during the last quarter. Hilltop Holdings Inc. acquired a new stake in Avient during the 3rd quarter worth $256,000. iSAM Funds UK Ltd purchased a new stake in Avient in the third quarter valued at $189,000. Finally, Osaic Holdings Inc. boosted its stake in Avient by 32.0% in the second quarter. Osaic Holdings Inc. now owns 5,937 shares of the company’s stock valued at $198,000 after acquiring an additional 1,440 shares in the last quarter. Institutional investors and hedge funds own 95.48% of the company’s stock.

Key Stories Impacting Avient

Here are the key news stories impacting Avient this week:

  • Positive Sentiment: Q2 results exceeded expectations: Avient reported adjusted EPS of $0.96, above the $0.89 consensus estimate and up 20% year over year. Revenue rose 5.8% to $917 million, surpassing the $898.5 million consensus estimate, supported by organic growth in both business segments. Avient Announces Second Quarter 2026 Results; Increases Full-Year Guidance
  • Positive Sentiment: Full-year outlook increased: Management raised 2026 adjusted EPS guidance to $3.10-$3.25 from $2.93-$3.17, implying 10%-15% growth from the prior year and slightly exceeding the $3.08 analyst consensus. The company also generated strong cash flow and repaid $50 million of debt during the quarter, with $100 million-$150 million of repayment expected for the full year. Avient Second Quarter Results and Guidance
  • Positive Sentiment: Q3 guidance also topped expectations: Avient provided adjusted EPS guidance of $0.80 for the third quarter, above the $0.74 consensus estimate, reinforcing expectations for continued earnings momentum.
  • Positive Sentiment: Analysts became more bullish: Truist raised its price target from $44 to $50 and upgraded Avient to “buy,” while Wells Fargo increased its target from $47 to $48 and maintained an “overweight” rating. These targets indicate further potential appreciation based on the cited current price. Analyst Price Target Updates
  • Neutral Sentiment: Valuation requires monitoring: After the recent rally, Avient trades near its 52-week high at roughly 26.7 times earnings. While improved guidance supports the valuation, some of the positive earnings news may already be reflected in the stock.

About Avient

(Get Free Report)

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.

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Earnings History for Avient (NYSE:AVNT)

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