Avient (NYSE:AVNT – Get Free Report) was upgraded by investment analysts at Seaport Res Ptn from a “hold” rating to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports. Seaport Res Ptn also issued estimates for Avient’s Q1 2026 earnings at $0.88 EPS, Q2 2026 earnings at $0.95 EPS, Q3 2026 earnings at $0.81 EPS and Q4 2026 earnings at $0.67 EPS.
A number of other equities analysts also recently weighed in on the stock. Deutsche Bank Aktiengesellschaft upped their price target on shares of Avient from $45.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Wells Fargo & Company decreased their price target on shares of Avient from $59.00 to $55.00 and set an “overweight” rating for the company in a report on Friday, February 14th. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $54.00.
Get Our Latest Research Report on Avient
Avient Price Performance
Avient (NYSE:AVNT – Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $0.49 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.49. Avient had a net margin of 5.23% and a return on equity of 10.44%. Equities analysts expect that Avient will post 2.84 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC lifted its stake in Avient by 56.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 695 shares of the company’s stock worth $28,000 after purchasing an additional 250 shares during the period. Signaturefd LLC lifted its stake in Avient by 58.7% during the third quarter. Signaturefd LLC now owns 865 shares of the company’s stock worth $44,000 after purchasing an additional 320 shares during the period. Nomura Asset Management Co. Ltd. increased its holdings in shares of Avient by 44.9% during the third quarter. Nomura Asset Management Co. Ltd. now owns 1,000 shares of the company’s stock worth $50,000 after buying an additional 310 shares in the last quarter. Point72 DIFC Ltd acquired a new stake in shares of Avient during the third quarter worth approximately $60,000. Finally, Covestor Ltd increased its holdings in shares of Avient by 185.5% during the third quarter. Covestor Ltd now owns 1,459 shares of the company’s stock worth $73,000 after buying an additional 948 shares in the last quarter. Institutional investors own 95.48% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than Avient
- What is a Bond Market Holiday? How to Invest and Trade
- Nebius Group: NVIDIA’s Investment Sparks All-Time Highs
- Why Invest in High-Yield Dividend Stocks?
- SoFi Stock Rallying Strong in the Last 5 Days—What’s Driving It?
- What Is WallStreetBets and What Stocks Are They Targeting?
- Intel Surges on M&A Talks: Rally Beginning or Just a Headfake?
Receive News & Ratings for Avient Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avient and related companies with MarketBeat.com's FREE daily email newsletter.