Seaport Res Ptn Issues Positive Outlook for Avient Earnings

Avient Co. (NYSE:AVNT) – Equities research analysts at Seaport Res Ptn raised their Q1 2025 earnings per share estimates for shares of Avient in a research report issued on Tuesday, February 18th. Seaport Res Ptn analyst M. Harrison now anticipates that the company will earn $0.76 per share for the quarter, up from their previous estimate of $0.72. Seaport Res Ptn currently has a “Strong-Buy” rating on the stock. The consensus estimate for Avient’s current full-year earnings is $2.84 per share. Seaport Res Ptn also issued estimates for Avient’s Q2 2025 earnings at $0.83 EPS, Q3 2025 earnings at $0.71 EPS, Q4 2025 earnings at $0.58 EPS and FY2025 earnings at $2.87 EPS.

Avient (NYSE:AVNT) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.49 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.49. Avient had a return on equity of 10.44% and a net margin of 5.23%.

Other analysts also recently issued reports about the company. Deutsche Bank Aktiengesellschaft boosted their target price on Avient from $45.00 to $50.00 and gave the company a “buy” rating in a report on Friday, February 14th. Wells Fargo & Company reduced their target price on Avient from $59.00 to $55.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Avient presently has an average rating of “Buy” and an average target price of $54.00.

Avient Trading Up 0.2 %

NYSE:AVNT opened at $43.98 on Thursday. The stock has a 50-day simple moving average of $42.05 and a 200-day simple moving average of $46.31. The stock has a market cap of $4.02 billion, a P/E ratio of 24.03, a P/E/G ratio of 1.27 and a beta of 1.51. Avient has a 1 year low of $37.63 and a 1 year high of $54.68. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.42 and a current ratio of 1.88.

Institutional Trading of Avient

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC raised its stake in Avient by 56.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 695 shares of the company’s stock valued at $28,000 after acquiring an additional 250 shares during the last quarter. Signaturefd LLC raised its stake in Avient by 58.7% during the 3rd quarter. Signaturefd LLC now owns 865 shares of the company’s stock valued at $44,000 after acquiring an additional 320 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its stake in Avient by 44.9% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 1,000 shares of the company’s stock valued at $50,000 after acquiring an additional 310 shares during the last quarter. Point72 DIFC Ltd purchased a new stake in Avient during the 3rd quarter valued at approximately $60,000. Finally, Covestor Ltd raised its stake in Avient by 185.5% during the 3rd quarter. Covestor Ltd now owns 1,459 shares of the company’s stock valued at $73,000 after acquiring an additional 948 shares during the last quarter. 95.48% of the stock is owned by hedge funds and other institutional investors.

Avient Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Tuesday, March 18th will be paid a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 2.46%. The ex-dividend date of this dividend is Tuesday, March 18th. Avient’s dividend payout ratio is presently 59.02%.

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.