FY2026 EPS Estimates for Avient Boosted by Seaport Res Ptn

Avient Co. (NYSE:AVNT - Free Report) - Analysts at Seaport Res Ptn raised their FY2026 earnings per share (EPS) estimates for Avient in a report issued on Monday, April 21st. Seaport Res Ptn analyst M. Harrison now expects that the company will post earnings of $3.36 per share for the year, up from their previous estimate of $3.31. Seaport Res Ptn has a "Strong-Buy" rating on the stock. The consensus estimate for Avient's current full-year earnings is $2.85 per share.

Avient (NYSE:AVNT - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.49 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.49. Avient had a net margin of 5.23% and a return on equity of 10.44%.

AVNT has been the topic of several other reports. Wells Fargo & Company dropped their target price on Avient from $55.00 to $39.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 9th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Avient from $45.00 to $50.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. Robert W. Baird assumed coverage on shares of Avient in a report on Friday, March 14th. They set a "neutral" rating and a $43.00 price target on the stock. Finally, Baird R W upgraded shares of Avient to a "hold" rating in a report on Friday, March 14th. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $48.60.

Avient Price Performance

Shares of NYSE:AVNT opened at $32.11 on Wednesday. The firm has a market cap of $2.94 billion, a price-to-earnings ratio of 17.55, a P/E/G ratio of 1.25 and a beta of 1.41. Avient has a 1 year low of $27.86 and a 1 year high of $54.68. The company has a current ratio of 1.88, a quick ratio of 1.42 and a debt-to-equity ratio of 0.88. The business has a fifty day simple moving average of $37.75 and a 200 day simple moving average of $43.16.

Avient Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, March 18th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date of this dividend was Tuesday, March 18th. Avient's dividend payout ratio is 59.02%.

Institutional Investors Weigh In On Avient

Hedge funds and other institutional investors have recently made changes to their positions in the business. Barclays PLC boosted its stake in Avient by 221.7% during the 3rd quarter. Barclays PLC now owns 173,002 shares of the company's stock valued at $8,706,000 after purchasing an additional 119,229 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of Avient in the third quarter valued at approximately $304,000. Tidal Investments LLC grew its stake in shares of Avient by 15.8% in the third quarter. Tidal Investments LLC now owns 16,592 shares of the company's stock worth $835,000 after acquiring an additional 2,261 shares during the last quarter. Lord Abbett & CO. LLC increased its position in Avient by 1.2% during the third quarter. Lord Abbett & CO. LLC now owns 1,515,362 shares of the company's stock worth $76,253,000 after acquiring an additional 17,765 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in Avient by 22.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 608,621 shares of the company's stock valued at $30,626,000 after purchasing an additional 111,489 shares during the last quarter. 95.48% of the stock is owned by institutional investors and hedge funds.

Avient Company Profile

Avient Corporation operates as a formulator of material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. It operates in two segments, Color, Additives and Inks; and Specialty Engineered Materials. The Color, Additives and Inks segment offers custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets, and specialty inks; custom-formulated liquid system, such as polyester, vinyl, natural rubber and latex, polyurethane, and silicone; and proprietary inks.

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