What is Seaport Res Ptn's Forecast for Avient Q2 Earnings?

Avient Corporation (NYSE:AVNT - Free Report) - Analysts at Seaport Res Ptn lowered their Q2 2025 EPS estimates for Avient in a report released on Friday, July 18th. Seaport Res Ptn analyst M. Harrison now expects that the company will post earnings of $0.77 per share for the quarter, down from their previous estimate of $0.79. The consensus estimate for Avient's current full-year earnings is $2.85 per share. Seaport Res Ptn also issued estimates for Avient's FY2025 earnings at $2.83 EPS and FY2026 earnings at $3.32 EPS.

Avient (NYSE:AVNT - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.01. Avient had a net margin of 3.09% and a return on equity of 10.48%. The firm had revenue of $826.60 million for the quarter, compared to analysts' expectations of $834.90 million. During the same period in the previous year, the company posted $0.76 EPS. The company's quarterly revenue was down .3% compared to the same quarter last year.

AVNT has been the topic of several other reports. Morgan Stanley lowered their price objective on shares of Avient from $51.00 to $41.00 and set an "equal weight" rating on the stock in a research report on Monday, May 12th. Wells Fargo & Company lifted their price objective on shares of Avient from $39.00 to $42.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 7th. Three analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $46.80.

Avient Trading Down 1.9%

NYSE AVNT opened at $32.50 on Monday. Avient has a twelve month low of $27.86 and a twelve month high of $54.68. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.51 and a current ratio of 2.05. The stock has a market cap of $2.97 billion, a price-to-earnings ratio of 30.37, a PEG ratio of 1.02 and a beta of 1.33. The firm's 50 day moving average price is $35.24 and its two-hundred day moving average price is $37.40.

Hedge Funds Weigh In On Avient

Several institutional investors and hedge funds have recently modified their holdings of AVNT. Bank of New York Mellon Corp lifted its stake in shares of 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 purchasing an additional 15,737 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of Avient by 20.1% in the 1st quarter. Blue Trust Inc. now owns 2,645 shares of the company's stock valued at $98,000 after purchasing an additional 443 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Avient by 57.5% in the 1st quarter. GAMMA Investing LLC now owns 1,422 shares of the company's stock valued at $53,000 after purchasing an additional 519 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of Avient by 649.9% in the 1st quarter. SG Americas Securities LLC now owns 22,421 shares of the company's stock valued at $833,000 after purchasing an additional 19,431 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in shares of Avient by 0.9% in the 1st quarter. Principal Financial Group Inc. now owns 211,712 shares of the company's stock valued at $7,867,000 after purchasing an additional 1,977 shares during the last quarter. 95.48% of the stock is currently owned by hedge funds and other institutional investors.

Avient Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Friday, September 12th will be issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 3.32%. The ex-dividend date is Friday, September 12th. Avient's dividend payout ratio is currently 100.93%.

Avient Company Profile

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.

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