Deutsche Bank AG Takes Position in Avient Corporation $AVNT

Key Points

• Deutsche Bank AG acquired 107,769 Avient shares worth approximately $3.98 million in the second quarter, joining other institutions that increased their holdings. Institutional investors own 95.48% of Avient’s stock.
• Avient reported quarterly EPS of $0.96, exceeding estimates of $0.89, while revenue rose 5.8% year over year to $917 million. The company reaffirmed fiscal 2026 EPS guidance of $3.10–$3.25.
• Shares recently traded at $44.75, up 0.7%, and analysts maintain a “Moderate Buy” consensus with an average price target of $46.71. Avient also declared a quarterly dividend of $0.275 per share, implying a 2.5% annualized yield.

Deutsche Bank AG bought a new position in shares of Avient Corporation (NYSE:AVNT - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 107,769 shares of the company's stock, valued at approximately $3,983,000. Deutsche Bank AG owned 0.12% of Avient as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Public Employees Retirement System of Ohio boosted its position in shares of Avient by 12.7% in the 4th quarter. Public Employees Retirement System of Ohio now owns 2,222 shares of the company's stock worth $69,000 after purchasing an additional 251 shares in the last quarter. Cetera Investment Advisers boosted its position in Avient by 3.0% in the first quarter. Cetera Investment Advisers now owns 11,748 shares of the company's stock valued at $426,000 after buying an additional 346 shares during the last quarter. Arcadia Investment Management Corp MI boosted its holdings in shares of Avient by 17.5% in the 4th quarter. Arcadia Investment Management Corp MI now owns 2,345 shares of the company's stock valued at $73,000 after acquiring an additional 350 shares during the last quarter. State of Michigan Retirement System grew its position in Avient by 1.8% during the 1st quarter. State of Michigan Retirement System now owns 22,024 shares of the company's stock worth $799,000 after purchasing an additional 400 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Avient by 51.9% in the first quarter. EverSource Wealth Advisors LLC now owns 1,241 shares of the company's stock worth $45,000 after buying an additional 424 shares during the last quarter. 95.48% of the stock is owned by hedge funds and other institutional investors.

Avient Stock Up 0.7%

Shares of AVNT opened at $44.75 on Wednesday. The stock has a market capitalization of $4.10 billion, a PE ratio of 24.19, a P/E/G ratio of 1.28 and a beta of 1.27. Avient Corporation has a 1 year low of $27.48 and a 1 year high of $46.64. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.35 and a current ratio of 1.90. The company's 50-day simple moving average is $39.13 and its 200-day simple moving average is $37.72.

Avient (NYSE:AVNT - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.96 EPS for the quarter, beating the consensus estimate of $0.89 by $0.07. The company had revenue of $917.00 million during the quarter, compared to analysts' expectations of $898.53 million. Avient had a net margin of 5.10% and a return on equity of 11.64%. The firm's revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.80 EPS. Avient has set its FY 2026 guidance at 3.100-3.250 EPS and its Q3 2026 guidance at 0.800-0.800 EPS. Analysts forecast that Avient Corporation will post 3.2 earnings per share for the current fiscal year.

Avient Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Friday, September 11th will be paid a $0.275 dividend. The ex-dividend date is Friday, September 11th. This represents a $1.10 dividend on an annualized basis and a yield of 2.5%. Avient's payout ratio is currently 59.46%.

Analyst Upgrades and Downgrades

Several research firms recently commented on AVNT. Seaport Research Partners restated a "buy" rating and set a $54.00 price target on shares of Avient in a research report on Friday, August 7th. Weiss Ratings upgraded Avient from a "hold (c)" rating to a "hold (c+)" rating in a research report on Friday. Wells Fargo & Company upped their price objective on shares of Avient from $47.00 to $48.00 and gave the company an "overweight" rating in a research note on Friday, August 7th. Truist Financial raised their target price on Avient from $44.00 to $50.00 and gave the stock a "buy" rating in a research note on Friday, August 7th. Finally, UBS Group set a $44.00 price target on shares of Avient in a report on Monday, June 8th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, Avient currently has an average rating of "Moderate Buy" and an average price target of $46.71.

Avient Company Profile

Avient Corporation NYSE: AVNT is a global provider of specialized and sustainable polymer materials, delivering color, additive and engineered solutions to a wide range of industries. The company's core offerings include masterbatches, colorant systems, compounds and resins designed to enhance performance, aesthetics and environmental sustainability. Avient serves markets such as packaging, automotive, consumer goods, healthcare, electronics, and agriculture, tailoring products to meet stringent regulatory and end-use requirements.

Formed through a corporate rebranding in 2020 following the divestiture of PolyOne's specialty businesses, Avient traces its heritage to a legacy of polymer innovation spanning decades.

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