Avient (NYSE:AVNT) Now Covered by Analysts at KeyCorp

Key Points

• KeyCorp has upgraded Avient (NYSE:AVNT) to a "strong-buy" rating, indicating increased investor confidence in the company's future performance.
• Avient's recent earnings report showed a profit of $0.80 EPS, surpassing analysts' expectations, with a revenue of $866.50 million, marking a 1.9% year-over-year increase.
• Despite the upgrade, Robert W. Baird has lowered Avient's price target from $43.00 to $37.00, reflecting mixed views among analysts regarding the stock's performance.

Analysts at KeyCorp assumed coverage on shares of Avient (NYSE:AVNT - Get Free Report) in a research note issued on Tuesday, Marketbeat.com reports. The brokerage set an "overweight" rating and a $48.00 price target on the stock. KeyCorp's target price points to a potential upside of 38.00% from the stock's previous close. KeyCorp also issued estimates for Avient's Q3 2025 earnings at $0.67 EPS, Q4 2025 earnings at $0.51 EPS, FY2025 earnings at $2.74 EPS, Q1 2026 earnings at $0.79 EPS, Q2 2026 earnings at $0.89 EPS, Q3 2026 earnings at $0.78 EPS, Q4 2026 earnings at $0.58 EPS and FY2026 earnings at $3.03 EPS.

Separately, Robert W. Baird dropped their price objective on Avient from $43.00 to $37.00 and set a "neutral" rating for the company in a report on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $46.00.

Avient Stock Performance

NYSE AVNT traded down $0.36 on Tuesday, hitting $34.78. 515,863 shares of the company's stock were exchanged, compared to its average volume of 515,496. The firm has a market cap of $3.18 billion, a price-to-earnings ratio of 27.17, a P/E/G ratio of 1.22 and a beta of 1.40. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.03 and a quick ratio of 1.50. The firm's 50-day moving average price is $35.15 and its two-hundred day moving average price is $35.23. Avient has a fifty-two week low of $27.86 and a fifty-two week high of $54.68.

Avient (NYSE:AVNT - Get Free Report) last posted its earnings results on Friday, August 1st. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.78 by $0.02. Avient had a return on equity of 10.57% and a net margin of 3.65%.The firm had revenue of $866.50 million for the quarter, compared to analyst estimates of $852.98 million. During the same quarter in the prior year, the company earned $0.76 EPS. Avient's revenue was up 1.9% on a year-over-year basis. Avient has set its Q3 2025 guidance at 0.700-0.700 EPS. FY 2025 guidance at 2.770-2.870 EPS. On average, research analysts expect that Avient will post 2.85 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in AVNT. BNP Paribas Financial Markets acquired a new position in Avient in the 4th quarter worth approximately $872,000. Cetera Investment Advisers increased its holdings in shares of Avient by 14.9% during the 4th quarter. Cetera Investment Advisers now owns 9,874 shares of the company's stock worth $403,000 after purchasing an additional 1,279 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Avient by 4.0% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,419 shares of the company's stock worth $2,101,000 after purchasing an additional 1,956 shares during the period. Nomura Holdings Inc. bought a new position in shares of Avient during the 4th quarter worth about $494,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Avient by 35.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 287,441 shares of the company's stock worth $11,745,000 after purchasing an additional 75,787 shares during the period. Institutional investors and hedge funds own 95.48% of the company's stock.

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.