Renaissance Technologies LLC Makes New $1.80 Million Investment in Avient Corporation $AVNT

Posted by on Aug 12th, 2026

Renaissance Technologies LLC purchased a new stake in shares of Avient Corporation (NYSE:AVNT – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 49,658 shares of the company’s stock, valued at approximately $1,803,000. Renaissance Technologies LLC owned 0.05% of Avient at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership bought a new position in Avient during the 1st quarter worth about $3,168,000. State of Wyoming bought a new stake in shares of Avient in the 1st quarter valued at about $179,000. Cetera Investment Advisers raised its holdings in shares of Avient by 3.0% in the 1st quarter. Cetera Investment Advisers now owns 11,748 shares of the company’s stock valued at $426,000 after purchasing an additional 346 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of Avient by 45.2% in the 1st quarter. First Trust Advisors LP now owns 103,912 shares of the company’s stock valued at $3,772,000 after purchasing an additional 32,354 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Avient by 4.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,973,887 shares of the company’s stock worth $180,546,000 after purchasing an additional 192,788 shares during the period. 95.48% of the stock is currently owned by institutional investors.

Avient Stock Down 0.4%

Shares of Avient stock opened at $45.46 on Wednesday. The firm’s 50 day moving average price is $37.31 and its 200-day moving average price is $37.17. The company has a quick ratio of 1.35, a current ratio of 1.90 and a debt-to-equity ratio of 0.77. Avient Corporation has a 52-week low of $27.48 and a 52-week high of $46.64. The company has a market cap of $4.17 billion, a P/E ratio of 24.57, a PEG ratio of 1.38 and a beta of 1.27.

Avient (NYSE:AVNT – Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.07. The company had revenue of $917.00 million during the quarter, compared to analysts’ expectations of $898.53 million. Avient had a net margin of 5.10% and a return on equity of 11.64%. Avient’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.80 earnings per share. 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, sell-side analysts predict that Avient Corporation will post 3.2 EPS for the current fiscal year.

Avient Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Friday, September 11th will be issued a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, September 11th. Avient’s dividend payout ratio is currently 59.46%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on AVNT. UBS Group set a $44.00 price objective on shares of Avient in a research note on Monday, June 8th. Seaport Research Partners restated a “buy” rating and set a $54.00 target price on shares of Avient in a report on Friday. Truist Financial increased their target price on Avient from $44.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Robert W. Baird set a $43.00 target price on Avient in a research report on Friday, May 8th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Avient in a report on Wednesday, May 13th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $46.71.

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About Avient

(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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Institutional Ownership by Quarter for Avient (NYSE:AVNT)

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