Paragon Capital Management Ltd Invests $203,000 in Avient Corporation $AVNT

Paragon Capital Management Ltd acquired a new stake in Avient Corporation (NYSE:AVNT) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 6,286 shares of the company’s stock, valued at approximately $203,000.

Other large investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of Avient by 75.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 737 shares of the company’s stock valued at $27,000 after buying an additional 318 shares during the period. UMB Bank n.a. raised its position in shares of Avient by 85.8% in the 1st quarter. UMB Bank n.a. now owns 1,126 shares of the company’s stock worth $42,000 after acquiring an additional 520 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Avient by 57.5% in the 1st quarter. GAMMA Investing LLC now owns 1,422 shares of the company’s stock worth $53,000 after buying an additional 519 shares during the last quarter. Allworth Financial LP boosted its stake in Avient by 2,450.0% during the 1st quarter. Allworth Financial LP now owns 1,479 shares of the company’s stock valued at $55,000 after purchasing an additional 1,421 shares during the last quarter. Finally, Curat Global LLC bought a new position in Avient in the first quarter valued at about $56,000. Institutional investors and hedge funds own 95.48% of the company’s stock.

Avient Stock Up 0.8%

AVNT opened at $32.81 on Friday. The company has a market cap of $3.00 billion, a PE ratio of 25.63, a price-to-earnings-growth ratio of 1.14 and a beta of 1.40. The company has a quick ratio of 1.50, a current ratio of 2.03 and a debt-to-equity ratio of 0.85. Avient Corporation has a twelve month low of $27.86 and a twelve month high of $54.68. The company has a 50-day moving average price of $35.18 and a 200 day moving average price of $35.07.

Avient (NYSE:AVNT) last posted its quarterly earnings data on Friday, August 1st. The company reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.02. Avient had a net margin of 3.65% and a return on equity of 10.57%. The firm had revenue of $866.50 million during the quarter, compared to analysts’ expectations of $852.98 million. During the same quarter last year, the company posted $0.76 EPS. The firm’s quarterly revenue was up 1.9% on a year-over-year basis. Avient has set its Q3 2025 guidance at 0.700-0.700 EPS. FY 2025 guidance at 2.770-2.870 EPS. Sell-side analysts expect that Avient Corporation will post 2.85 earnings per share for the current fiscal year.

Avient Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Friday, September 12th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, September 12th. This represents a $1.08 annualized dividend and a yield of 3.3%. Avient’s dividend payout ratio is 84.38%.

Wall Street Analysts Forecast Growth

AVNT has been the topic of several research reports. Robert W. Baird reduced their target price on Avient from $43.00 to $37.00 and set a “neutral” rating on the stock in a report on Monday, August 4th. KeyCorp started coverage on Avient in a report on Wednesday, September 17th. They issued an “overweight” rating and a $48.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $46.00.

Avient 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.