Seaport Res Ptn Issues Positive Forecast for Avient Earnings

Avient Co. (NYSE:AVNT) – Equities researchers at Seaport Res Ptn lifted their Q1 2025 EPS estimates for shares of Avient in a research note issued on Tuesday, February 18th. Seaport Res Ptn analyst M. Harrison now forecasts that the company will earn $0.76 per share for the quarter, up from their prior forecast of $0.72. Seaport Res Ptn 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 announced its earnings results on Thursday, February 13th. The company reported $0.49 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.49. Avient had a net margin of 5.23% and a return on equity of 10.44%.

AVNT has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft upped their price target on shares of Avient from $45.00 to $50.00 and gave the company a “buy” rating in a report on Friday, February 14th. Wells Fargo & Company cut 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 analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $54.00.

Avient Price Performance

Shares of NYSE AVNT opened at $43.96 on Thursday. Avient has a twelve month low of $37.63 and a twelve 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 company has a market capitalization of $4.02 billion, a price-to-earnings ratio of 24.02, a PEG ratio of 1.10 and a beta of 1.51. The firm has a 50-day moving average of $42.14 and a two-hundred day moving average of $46.32.

Avient Dividend Announcement

The company 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 dividend on an annualized basis and a yield of 2.46%. The ex-dividend date is Tuesday, March 18th. Avient’s dividend payout ratio is presently 59.02%.

Institutional Trading of Avient

A number of hedge funds have recently bought and sold shares of AVNT. 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 valued at $28,000 after buying an additional 250 shares in the last quarter. Signaturefd LLC lifted its position in shares of Avient by 58.7% in the third quarter. Signaturefd LLC now owns 865 shares of the company’s stock worth $44,000 after purchasing an additional 320 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its position in shares of Avient by 44.9% in the third quarter. Nomura Asset Management Co. Ltd. now owns 1,000 shares of the company’s stock worth $50,000 after purchasing an additional 310 shares in the last quarter. Point72 DIFC Ltd purchased a new stake in shares of Avient in the third quarter worth approximately $60,000. Finally, Covestor Ltd lifted its position in shares of Avient by 185.5% in the third quarter. Covestor Ltd now owns 1,459 shares of the company’s stock worth $73,000 after purchasing an additional 948 shares in the last quarter. 95.48% of the stock is owned by hedge funds and other institutional investors.

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.