Avient Corporation $AVNT Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Avient Corporation (NYSE:AVNT) by 5.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 231,101 shares of the company’s stock after acquiring an additional 12,243 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Avient were worth $8,541,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of AVNT. TD Private Client Wealth LLC lifted its stake in shares of Avient by 342.3% in the 4th quarter. TD Private Client Wealth LLC now owns 942 shares of the company’s stock valued at $29,000 after purchasing an additional 729 shares in the last quarter. Danske Bank A S purchased a new position in Avient in the third quarter valued at approximately $40,000. Quarry LP raised its holdings in Avient by 83.1% in the third quarter. Quarry LP now owns 1,234 shares of the company’s stock valued at $41,000 after buying an additional 560 shares during the period. Kestra Advisory Services LLC acquired a new position in Avient during the fourth quarter valued at approximately $43,000. Finally, EverSource Wealth Advisors LLC lifted its position in Avient by 51.9% during the first quarter. EverSource Wealth Advisors LLC now owns 1,241 shares of the company’s stock valued at $45,000 after buying an additional 424 shares in the last quarter. 95.48% of the stock is currently owned by hedge funds and other institutional investors.

Avient Stock Up 0.1%

Shares of NYSE:AVNT opened at $43.45 on Tuesday. 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 50 day moving average of $40.34 and a two-hundred day moving average of $37.91. The company has a market capitalization of $3.99 billion, a price-to-earnings ratio of 23.49, a price-to-earnings-growth ratio of 1.25 and a beta of 1.29.

Avient (NYSE:AVNT) last posted its earnings results on Thursday, August 6th. The company reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.07. The business had revenue of $917.00 million for 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%. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the previous 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. As a group, analysts forecast that Avient Corporation will post 3.2 earnings per share for the current fiscal year.

Avient Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Friday, September 11th will be paid a dividend of $0.275 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $1.10 annualized dividend and a yield of 2.5%. Avient’s payout ratio is 59.46%.

Wall Street Analyst Weigh In

AVNT has been the subject of several research reports. Weiss Ratings downgraded shares of Avient from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday. Wall Street Zen upgraded shares of Avient from a “buy” rating to a “strong-buy” rating in a report on Saturday. Wells Fargo & Company upped their price target on shares of Avient from $47.00 to $48.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Seaport Research Partners reiterated a “buy” rating and issued a $54.00 price target on shares of Avient in a report on Friday, August 7th. Finally, Truist Financial raised their price objective on Avient from $44.00 to $50.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Three 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 an average rating of “Moderate Buy” and a consensus target price of $46.71.

Avient Company Profile

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.