Truist Financial Issues Positive Forecast for Avient (NYSE:AVNT) Stock Price

Posted by Stanley Muller on Aug 8th, 2026

Avient (NYSE:AVNT – Free Report) had its price target boosted by Truist Financial from $44.00 to $50.00 in a research note released on Friday, Marketbeat Ratings reports. Truist Financial currently has a buy rating on the stock.

AVNT has been the topic of a number of other reports. Robert W. Baird set a $43.00 price objective on shares of Avient in a report on Friday, May 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Avient in a report on Wednesday, May 13th. Finally, UBS Group set a $44.00 price target on Avient in a research note on Monday, June 8th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Avient presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.71.

View Our Latest Analysis on AVNT

Avient Stock Performance

Shares of Avient stock opened at $45.93 on Friday. The business has a 50-day simple moving average of $36.89 and a 200-day simple moving average of $37.04. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.29 and a current ratio of 1.90. Avient has a one year low of $27.48 and a one year high of $46.53. The company has a market cap of $4.21 billion, a PE ratio of 24.83, a P/E/G ratio of 1.32 and a beta of 1.27.

Avient (NYSE:AVNT – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.96 earnings per share 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 firm had revenue of $917.00 million for the quarter, compared to analysts’ expectations of $898.53 million. During the same quarter last year, the company earned $0.80 earnings per share. The firm’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, equities research analysts forecast that Avient will post 3.12 EPS for the current fiscal year.

Avient Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Friday, September 11th will be given a dividend of $0.275 per share. The ex-dividend date 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%.

Institutional Trading of Avient

Several institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. acquired a new position in Avient in the 2nd quarter valued at about $437,002,000. Norges Bank purchased a new stake in Avient during the 4th quarter valued at approximately $41,457,000. Invesco Ltd. lifted its position in Avient by 697.0% during the 4th quarter. Invesco Ltd. now owns 1,442,074 shares of the company’s stock worth $45,050,000 after acquiring an additional 1,261,146 shares during the period. Millennium Management LLC lifted its position in Avient by 440.4% during the 3rd quarter. Millennium Management LLC now owns 1,337,188 shares of the company’s stock worth $44,060,000 after acquiring an additional 1,089,744 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in shares of Avient in the 2nd quarter valued at approximately $37,038,000. Hedge funds and other institutional investors own 95.48% of the company’s stock.

Avient News Roundup

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.

Avient Company Profile

(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.