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Rep. Gilbert Ray Cisneros, Jr. Buys Avient Corporation (NYSE:AVNT) Stock

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Key Points

  • Representative Gilbert Ray Cisneros, Jr. disclosed on April 7 that he purchased between $1,001 and $15,000 of Avient (NYSE:AVNT) stock on March 3 through his "150 MAIN STREET TRUST > BANK OF AMERICA" account.
  • Avient beat Q4 expectations (EPS $0.56 vs. $0.55; revenue $760.6M vs. $750.2M) and issued Q1 2026 guidance of 0.810 EPS and FY2026 guidance of 2.930–3.170 EPS, with sell-side analysts averaging about 2.85 EPS for the year.
  • Shares traded around $37.31 (up 0.7%) with a market cap of ~$3.42B and P/E ~41.9; the company pays a quarterly dividend of $0.275 (annualized yield ~2.9%) but has a high dividend payout ratio of 123.6%, and the consensus Wall Street rating is a Hold with an average price target of $47.
  • MarketBeat previews the top five stocks to own by May 1st.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Avient Corporation (NYSE:AVNT). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Avient stock on March 3rd. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Sold $1,001 - $15,000 in shares of MACOM Technology Solutions NASDAQ: MTSI on 3/27/2026.
  • Purchased $1,001 - $15,000 in shares of StandardAero NYSE: SARO on 3/27/2026.
  • Purchased $1,001 - $15,000 in shares of FirstService NASDAQ: FSV on 3/27/2026.
  • Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 3/27/2026.
  • Sold $1,001 - $15,000 in shares of Advanced Energy Industries NASDAQ: AEIS on 3/27/2026.
  • Sold $1,001 - $15,000 in shares of Flex NASDAQ: FLEX on 3/27/2026.
  • Purchased $1,001 - $15,000 in shares of LPL Financial NASDAQ: LPLA on 3/27/2026.
  • Purchased $1,001 - $15,000 in shares of DoorDash NASDAQ: DASH on 3/27/2026.
  • Sold $1,001 - $15,000 in shares of Viavi Solutions NASDAQ: VIAV on 3/27/2026.
  • Purchased $15,001 - $50,000 in shares of Fabrinet NYSE: FN on 3/27/2026.

Avient Stock Up 0.7%

Shares of AVNT traded up $0.26 during mid-day trading on Thursday, hitting $37.31. 101,705 shares of the company's stock were exchanged, compared to its average volume of 857,909. The stock has a market cap of $3.42 billion, a price-to-earnings ratio of 41.92, a P/E/G ratio of 1.06 and a beta of 1.40. The firm has a fifty day moving average of $37.78 and a two-hundred day moving average of $33.99. The company has a quick ratio of 1.22, a current ratio of 1.66 and a debt-to-equity ratio of 0.81. Avient Corporation has a twelve month low of $27.48 and a twelve month high of $44.85.

Avient (NYSE:AVNT - Get Free Report) last released its quarterly earnings data 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 business had revenue of $760.60 million during 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%. Avient's quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter 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. On average, sell-side analysts forecast that Avient Corporation will post 2.85 earnings per share for the current year.

Avient Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 3rd. Stockholders of record on Tuesday, March 17th were paid a dividend of $0.275 per share. The ex-dividend date was Tuesday, March 17th. This represents a $1.10 annualized dividend and a dividend yield of 2.9%. Avient's dividend payout ratio is 123.60%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on AVNT shares. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Avient in a research report on Monday, December 29th. Wall Street Zen raised Avient from a "hold" rating to a "buy" rating in a research note on Saturday, February 21st. Wells Fargo & Company boosted their target price on Avient from $42.00 to $47.00 and gave the stock an "overweight" rating in a report on Friday, February 13th. Morgan Stanley set a $45.00 target price on Avient in a research report on Friday, February 13th. Finally, KeyCorp reiterated a "sector weight" rating on shares of Avient in a report on Wednesday, March 4th. Two analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Avient presently has an average rating of "Hold" and an average price target of $47.00.

Check Out Our Latest Analysis on AVNT

Institutional Trading of Avient

Several hedge funds have recently added to or reduced their stakes in AVNT. Royal Bank of Canada lifted its holdings in shares of Avient by 1.0% during the first quarter. Royal Bank of Canada now owns 128,730 shares of the company's stock worth $4,782,000 after buying an additional 1,321 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Avient by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,760 shares of the company's stock worth $1,998,000 after acquiring an additional 2,341 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Avient by 294.8% in the first quarter. NewEdge Advisors LLC now owns 9,340 shares of the company's stock worth $347,000 after acquiring an additional 6,974 shares during the last quarter. United Services Automobile Association bought a new position in Avient during the first quarter worth $224,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Avient by 3.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 297,976 shares of the company's stock worth $11,073,000 after acquiring an additional 10,535 shares during the period. Institutional investors own 95.48% of the company's stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Avient Company Profile

(Get Free Report)

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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