Seaport Res Ptn Comments on Avient’s Q1 Earnings (NYSE:AVNT)

Avient Co. (NYSE:AVNT) – Research analysts at Seaport Res Ptn issued their Q1 2025 earnings estimates for shares of Avient in a research report issued to clients and investors on Thursday, October 31st. Seaport Res Ptn analyst M. Harrison expects that the company will earn $0.84 per share for the quarter. Seaport Res Ptn currently has a “Hold” rating on the stock. The consensus estimate for Avient’s current full-year earnings is $2.64 per share. Seaport Res Ptn also issued estimates for Avient’s Q2 2025 earnings at $0.87 EPS, Q3 2025 earnings at $0.72 EPS and Q4 2025 earnings at $0.58 EPS.

Avient (NYSE:AVNT) last posted its earnings results on Thursday, October 31st. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.02. The company had revenue of $815.20 million for the quarter, compared to analyst estimates of $797.50 million. Avient had a return on equity of 10.56% and a net margin of 4.66%. The business’s revenue was up 8.2% compared to the same quarter last year. During the same period last year, the company earned $0.57 earnings per share.

A number of other brokerages have also recently weighed in on AVNT. Wells Fargo & Company boosted their price objective on shares of Avient from $52.00 to $55.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 15th. Deutsche Bank Aktiengesellschaft upgraded shares of Avient from a “hold” rating to a “buy” rating and upped their price target for the company from $49.00 to $52.00 in a report on Wednesday, August 7th. Finally, Oppenheimer lifted their price objective on Avient from $53.00 to $58.00 and gave the stock an “outperform” rating in a research note on Monday, October 14th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Avient has a consensus rating of “Moderate Buy” and an average price target of $54.50.

Avient Stock Up 1.1 %

AVNT opened at $46.67 on Monday. Avient has a twelve month low of $31.45 and a twelve month high of $51.51. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.73 and a current ratio of 1.63. The business has a 50 day moving average price of $48.33 and a 200 day moving average price of $45.74. The firm has a market cap of $4.26 billion, a P/E ratio of 28.81, a price-to-earnings-growth ratio of 1.16 and a beta of 1.48.

Avient Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th will be issued a dividend of $0.27 per share. This is an increase from Avient’s previous quarterly dividend of $0.26. The ex-dividend date is Friday, December 13th. This represents a $1.08 annualized dividend and a dividend yield of 2.31%. Avient’s payout ratio is presently 66.67%.

Institutional Trading of Avient

A number of hedge funds have recently modified their holdings of AVNT. Allspring Global Investments Holdings LLC lifted its holdings in shares of Avient by 1.6% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 4,057,356 shares of the company’s stock worth $204,166,000 after acquiring an additional 65,452 shares during the period. Dimensional Fund Advisors LP lifted its stake in Avient by 3.9% during the second quarter. Dimensional Fund Advisors LP now owns 3,936,318 shares of the company’s stock worth $171,818,000 after purchasing an additional 149,283 shares during the period. Jennison Associates LLC boosted its holdings in Avient by 5.2% during the first quarter. Jennison Associates LLC now owns 1,662,877 shares of the company’s stock valued at $72,169,000 after purchasing an additional 82,010 shares in the last quarter. Lord Abbett & CO. LLC grew its stake in shares of Avient by 28.8% in the 1st quarter. Lord Abbett & CO. LLC now owns 1,470,349 shares of the company’s stock valued at $63,813,000 after purchasing an additional 328,773 shares during the period. Finally, Westfield Capital Management Co. LP boosted its stake in Avient by 13.2% in the 1st quarter. Westfield Capital Management Co. LP now owns 1,359,671 shares of the company’s stock valued at $59,010,000 after buying an additional 158,163 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.