Strs Ohio Has $3.93 Million Stock Holdings in Avient Corporation $AVNT

Key Points

• Strs Ohio cut its stake in Avient by 32.0% in Q4, selling 59,300 shares and finishing the period with 125,900 shares worth about $3.93 million (≈0.14% of the company).
• Avient slightly beat Q4 estimates with EPS of $0.56 (vs. $0.55) and revenue of $760.6M, and issued FY2026 guidance of $2.93–$3.17 EPS (analysts forecast ~3.05).
• Analyst coverage is mixed—two buys and five holds with a consensus target of $47.00—while the stock trades near $37.17, has a market cap of $3.41B and pays a 3.0% dividend (annualized $1.10) with a 123.6% payout ratio.

Strs Ohio decreased its holdings in shares of Avient Corporation (NYSE:AVNT - Free Report) by 32.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 125,900 shares of the company's stock after selling 59,300 shares during the period. Strs Ohio owned approximately 0.14% of Avient worth $3,933,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Aster Capital Management DIFC Ltd bought a new stake in Avient in the third quarter valued at about $29,000. Parkside Financial Bank & Trust increased its stake in shares of Avient by 54.2% in the 3rd quarter. Parkside Financial Bank & Trust now owns 967 shares of the company's stock valued at $32,000 after acquiring an additional 340 shares during the last quarter. Torren Management LLC acquired a new stake in shares of Avient in the 4th quarter valued at approximately $39,000. Danske Bank A S bought a new position in Avient during the 3rd quarter worth approximately $40,000. Finally, Quarry LP grew its holdings in Avient by 83.1% during the third quarter. Quarry LP now owns 1,234 shares of the company's stock valued at $41,000 after purchasing an additional 560 shares during the period. 95.48% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

AVNT has been the topic of several analyst reports. Oppenheimer increased their target price on shares of Avient from $37.00 to $41.00 and gave the stock an "outperform" rating in a report on Tuesday, January 20th. KeyCorp reissued a "sector weight" rating on shares of Avient in a report on Wednesday, March 4th. Wall Street Zen raised Avient from a "hold" rating to a "buy" rating in a research note on Saturday, February 21st. Morgan Stanley set a $45.00 target price on Avient in a research note on Friday, February 13th. Finally, Robert W. Baird set a $46.00 price target on Avient in a research report on Friday, February 13th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $47.00.

Avient Stock Performance

Shares of AVNT opened at $37.17 on Wednesday. Avient Corporation has a 12 month low of $27.48 and a 12 month high of $44.85. The firm has a fifty day simple moving average of $36.91 and a 200 day simple moving average of $34.61. The stock has a market capitalization of $3.41 billion, a price-to-earnings ratio of 41.77, a PEG ratio of 1.08 and a beta of 1.31. The company has a current ratio of 1.66, a quick ratio of 1.22 and a debt-to-equity ratio of 0.81.

Avient (NYSE:AVNT - Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.01. The firm had revenue of $760.60 million for the quarter, compared to analyst estimates of $750.19 million. Avient had a net margin of 2.51% and a return on equity of 10.95%. The company's revenue was up 1.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.49 EPS. Avient has set its Q1 2026 guidance at 0.810-0.810 EPS and its FY 2026 guidance at 2.930-3.170 EPS. Research analysts forecast that Avient Corporation will post 3.05 EPS for the current fiscal year.

Avient Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 3rd. Stockholders of record on Tuesday, March 17th were issued a dividend of $0.275 per share. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 3.0%. Avient's dividend payout ratio (DPR) is currently 123.60%.

About Avient

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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