Avient (NYSE:AVNT – Free Report) had its price target boosted by Wells Fargo & Company from $47.00 to $48.00 in a report released on Friday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.
Other research analysts have also recently issued reports about the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Avient in a report on Wednesday, May 13th. UBS Group set a $44.00 price target on shares of Avient in a research report on Monday, June 8th. Truist Financial lifted their price target on Avient from $44.00 to $50.00 and gave the company a “buy” rating in a research note on Friday. Finally, Robert W. Baird set a $43.00 price objective on Avient in a report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $46.71.
Check Out Our Latest Stock Report on AVNT
Avient Stock Performance
Avient (NYSE:AVNT – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.07. Avient had a return on equity of 11.64% and a net margin of 5.10%.The company had revenue of $917.00 million for the quarter, compared to analysts’ expectations of $898.53 million. During the same period last year, the business earned $0.80 EPS. Avient’s quarterly 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, research analysts anticipate that Avient will post 3.12 earnings per share for the current fiscal year.
Avient Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Investors 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 2.4%. The ex-dividend date is Friday, September 11th. Avient’s dividend payout ratio (DPR) is 63.95%.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Royal Bank of Canada raised its stake in shares of Avient by 1.0% during the 1st quarter. Royal Bank of Canada now owns 128,730 shares of the company’s stock worth $4,782,000 after purchasing an additional 1,321 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Avient by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,760 shares of the company’s stock worth $1,998,000 after buying an additional 2,341 shares during the last quarter. NewEdge Advisors LLC grew its position in Avient by 294.8% during the first quarter. NewEdge Advisors LLC now owns 9,340 shares of the company’s stock valued at $347,000 after buying an additional 6,974 shares during the period. United Services Automobile Association bought a new position in Avient during the first quarter valued at about $224,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Avient by 3.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 297,976 shares of the company’s stock worth $11,073,000 after buying an additional 10,535 shares during the last quarter. Institutional investors own 95.48% of the company’s stock.
More Avient News
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
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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