Jump Financial LLC Has $701,000 Stock Holdings in Avient Corporation $AVNT

by · The Markets Daily

Jump Financial LLC boosted its holdings in shares of Avient Corporation (NYSE:AVNT – Free Report) by 45.1% in the first quarter, Holdings Channel.com reports. The fund owned 18,868 shares of the company’s stock after buying an additional 5,868 shares during the quarter. Jump Financial LLC’s holdings in Avient were worth $701,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of AVNT. Northwestern Mutual Wealth Management Co. grew its holdings in Avient by 75.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 737 shares of the company’s stock worth $27,000 after acquiring an additional 318 shares during the period. UMB Bank n.a. grew its holdings in Avient by 85.8% during the 1st quarter. UMB Bank n.a. now owns 1,126 shares of the company’s stock worth $42,000 after acquiring an additional 520 shares during the period. GAMMA Investing LLC grew its holdings in Avient by 57.5% during the 1st quarter. GAMMA Investing LLC now owns 1,422 shares of the company’s stock worth $53,000 after acquiring an additional 519 shares during the period. Allworth Financial LP grew its holdings in Avient by 2,450.0% during the 1st quarter. Allworth Financial LP now owns 1,479 shares of the company’s stock worth $55,000 after acquiring an additional 1,421 shares during the period. Finally, Curat Global LLC acquired a new stake in Avient during the 1st quarter worth $56,000. Institutional investors and hedge funds own 95.48% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on AVNT shares. Wells Fargo & Company boosted their price target on shares of Avient from $39.00 to $42.00 and gave the company an “overweight” rating in a report on Wednesday, May 7th. Morgan Stanley decreased their price target on shares of Avient from $51.00 to $41.00 and set an “equal weight” rating for the company in a report on Monday, May 12th. Finally, Robert W. Baird decreased their price target on shares of Avient from $43.00 to $37.00 and set a “neutral” rating for the company in a report on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.60.

View Our Latest Stock Report on Avient

Avient Trading Up 0.4%

AVNT opened at $37.38 on Friday. The stock has a market capitalization of $3.42 billion, a P/E ratio of 29.21, a P/E/G ratio of 1.29 and a beta of 1.38. Avient Corporation has a 12 month low of $27.86 and a 12 month high of $54.68. The firm’s fifty day simple moving average is $34.25 and its 200 day simple moving average is $35.98. The company has a current ratio of 2.03, a quick ratio of 1.50 and a debt-to-equity ratio of 0.85.

Avient (NYSE:AVNT – Get Free Report) last posted its quarterly earnings data on Friday, August 1st. The company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.78 by $0.02. The business had revenue of $866.50 million for the quarter, compared to analysts’ expectations of $852.98 million. Avient had a net margin of 3.65% and a return on equity of 10.57%. The firm’s revenue was up 1.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.76 EPS. Avient has set its Q3 2025 guidance at 0.700-0.700 EPS. FY 2025 guidance at 2.770-2.870 EPS. As a group, research analysts anticipate that Avient Corporation will post 2.85 EPS for the current fiscal year.

Avient Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Friday, September 12th will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Friday, September 12th. Avient’s payout ratio is currently 84.38%.

Avient Profile

(Free Report)

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.

Further Reading

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