Avient (NYSE:AVNT) Raised to Strong-Buy at Seaport Res Ptn

Avient (NYSE:AVNT) was upgraded by analysts at Seaport Res Ptn from a “hold” rating to a “strong-buy” rating in a research report issued 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 research analysts have also weighed in on AVNT. Wells Fargo & Company lowered their target price on Avient from $59.00 to $55.00 and set an “overweight” rating for the company in a research note on Friday, February 14th. Deutsche Bank Aktiengesellschaft boosted their target price on Avient from $45.00 to $50.00 and gave the company a “buy” rating in a research note on Friday, February 14th. Four investment 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, the stock has a consensus rating of “Buy” and an average price target of $54.00.

Avient Price Performance

AVNT opened at $44.21 on Tuesday. The stock has a 50-day moving average price of $42.24 and a 200-day moving average price of $46.34. Avient has a 12-month low of $37.63 and a 12-month high of $54.68. The company has a current ratio of 1.88, a quick ratio of 1.42 and a debt-to-equity ratio of 0.88. The stock has a market capitalization of $4.04 billion, a P/E ratio of 24.16, a PEG ratio of 1.10 and a beta of 1.51.

Avient (NYSE:AVNT) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.49 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.49. Avient had a return on equity of 10.44% and a net margin of 5.23%. Equities analysts predict 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 bought and sold shares of the business. Smartleaf Asset Management LLC raised its position 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 purchasing an additional 250 shares during the last quarter. Signaturefd LLC raised its position 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 purchasing an additional 320 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its position 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 purchasing an additional 310 shares during the last quarter. Point72 DIFC Ltd bought a new position in Avient during the 3rd quarter valued at approximately $60,000. Finally, Covestor Ltd raised its position in shares of Avient by 185.5% in the 3rd quarter. Covestor Ltd now owns 1,459 shares of the company’s stock worth $73,000 after acquiring an additional 948 shares in the last quarter. Institutional investors own 95.48% of the company’s stock.

About Avient

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.