Seaport Res Ptn Has Negative Outlook for Avient Q4 Earnings

Key Points

• Avient Corporation has adjusted its Q4 2026 earnings estimate to $0.66 per share, slightly down from the previous estimate of $0.67, with a full-year consensus estimate at $2.85 per share.
• For the last quarter, Avient reported $0.80 EPS, surpassing the consensus estimate of $0.78, and achieved revenue of $866.50 million, up 1.9% year-over-year.
• Avient recently announced a quarterly dividend of $0.27 per share with an annual yield of 3.2%, positioning its payout ratio at 100.93%.

Avient Corporation (NYSE:AVNT - Free Report) - Analysts at Seaport Res Ptn decreased their Q4 2026 EPS estimates for Avient in a research note issued to investors on Friday, August 1st. Seaport Res Ptn analyst M. Harrison now anticipates that the company will earn $0.66 per share for the quarter, down from their previous forecast of $0.67. The consensus estimate for Avient's current full-year earnings is $2.85 per share.

A number of other analysts have also recently commented on AVNT. Morgan Stanley lowered their price target on Avient from $51.00 to $41.00 and set an "equal weight" rating for the company in a research note on Monday, May 12th. Wells Fargo & Company increased their target price on Avient from $39.00 to $42.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 7th. Finally, Robert W. Baird lowered their target price on Avient from $43.00 to $37.00 and set a "neutral" rating for the company in a research note on Monday. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Avient currently has an average rating of "Moderate Buy" and an average target price of $45.60.

Avient Stock Performance

Avient stock traded up $0.19 on Monday, hitting $34.19. The company's stock had a trading volume of 969,371 shares, compared to its average volume of 848,969. The firm has a market cap of $3.13 billion, a P/E ratio of 26.71, a price-to-earnings-growth ratio of 1.12 and a beta of 1.38. The company has a quick ratio of 1.50, a current ratio of 2.03 and a debt-to-equity ratio of 0.85. The company has a fifty day moving average price of $34.36 and a 200-day moving average price of $36.88. Avient has a one year low of $27.86 and a one year high of $54.68.

Avient (NYSE:AVNT - Get Free Report) last announced its quarterly earnings data on Friday, August 1st. The company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.02. The company had revenue of $866.50 million for the quarter, compared to analysts' expectations of $852.98 million. Avient had a net margin of 3.65% and a return on equity of 10.57%. The business's revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.76 EPS.

Institutional Investors Weigh In On Avient

Institutional investors have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp boosted its position in Avient by 1.7% in the 1st quarter. Bank of New York Mellon Corp now owns 969,159 shares of the company's stock valued at $36,014,000 after buying an additional 15,737 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of Avient by 20.1% in the first quarter. Blue Trust Inc. now owns 2,645 shares of the company's stock valued at $98,000 after acquiring an additional 443 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Avient by 57.5% during the first quarter. GAMMA Investing LLC now owns 1,422 shares of the company's stock worth $53,000 after buying an additional 519 shares in the last quarter. SG Americas Securities LLC boosted its stake in Avient by 649.9% in the 1st quarter. SG Americas Securities LLC now owns 22,421 shares of the company's stock worth $833,000 after purchasing an additional 19,431 shares during the period. Finally, Principal Financial Group Inc. lifted its position in Avient by 0.9% in the 1st quarter. Principal Financial Group Inc. now owns 211,712 shares of the company's stock worth $7,867,000 after buying an additional 1,977 shares in the last quarter. Hedge funds and other institutional investors own 95.48% of the company's stock.

Avient Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Friday, September 12th will be given a dividend of $0.27 per share. The ex-dividend date is Friday, September 12th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.2%. Avient's payout ratio is 84.38%.

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.