Headquartered in Avon Lake, OH Fiscal year ends December NYSE: AVNT avient.com
Avient Corporation (NYSE: AVNT) is a specialty materials company that develops materials solutions customers use to build differentiated, higher-performance and more sustainable products. Its portfolio includes colorants, functional additives, inks, advanced composites, engineered materials and Dyneema ultra-high-molecular-weight polyethylene fiber, which Avient markets as the world's strongest fiber. It reports two segments. Color, Additives and Inks supplies color and additive solutions. Specialty Engineered Materials offers engineered polymers, composites and Dyneema. Key end markets include packaging, healthcare and building & construction. The company has more than 9,000 employees worldwide and serves customers locally from a global footprint. It aims to grow by aligning its technologies with customer product roadmaps and secular trends, pursuing productivity initiatives, and deploying cash toward debt reduction, dividends and opportunistic share repurchases. Updated
Avient raised full-year adjusted EPS guidance to $3.22 to $3.32. Management also bought back 281,000 shares after quarter end, the first repurchases since 2022, while cutting more debt.
Three companies just raised their dividends, but the one with the biggest increase is also carrying the thinnest cash cushion. Knowing which raise is actually the safest requires looking past the headline…
Four companies in refining, auto retail, semiconductors, and specialty materials just raised their dividends, but the size of each raise tells almost nothing about which one can actually keep growing it.
Avient Corporation (NYSE: AVNT) is a specialty materials company that develops materials solutions customers use to build differentiated, higher-performance and more sustainable products.
24/7 Wall St.'s 12-month price target for AVNT is $57.62, rated Buy. The Wall Street consensus target is $52.25. AVNT price prediction →
