Seaport Res Ptn Upgrades Avient (NYSE:AVNT) to “Strong-Buy”

Avient (NYSE:AVNTGet 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.

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Avient Price Performance

Shares of NYSE:AVNT opened at $43.96 on Tuesday. The company’s fifty day moving average is $42.14 and its two-hundred day moving average is $46.32. The company has a quick ratio of 1.42, a current ratio of 1.88 and a debt-to-equity ratio of 0.88. Avient has a 12-month low of $37.63 and a 12-month high of $54.68. The company has a market cap of $4.02 billion, a P/E ratio of 24.02, a price-to-earnings-growth ratio of 1.10 and a beta of 1.51.

Avient (NYSE:AVNTGet 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

(Get Free Report)

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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