AvientAVNT
Market Cap: $4.12B
About: Avient Corp manufactures and sells a variety of chemical and plastic-based products to designers and processors of plastics. The firm operates in two segments: Color, Additives and Inks, and Specialty Engineered Materials. The company's product portfolio includes concentrated color and ink blends, plastic resins, and various specialized polymer materials used in industries such as food packaging, construction, transportation, cosmetics, and healthcare. The color, additives, & ink segment and the distribution segment together generate a vast majority of revenue. More than half of the total revenue is derived from the United States.
Employees: 9,300
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
27% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 33
3% more funds holding
Funds holding: 294 [Q1] → 303 (+9) [Q2]
2.51% more ownership
Funds ownership: 94.51% [Q1] → 97.02% (+2.51%) [Q2]
3% more capital invested
Capital invested by funds: $3.73B [Q1] → $3.85B (+$122M) [Q2]
8% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 113
28% less call options, than puts
Call options by funds: $131K | Put options by funds: $182K
33% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Deutsche Bank David Huang 100% 1-year accuracy 1 / 1 met price target | 15%upside $52 | Buy Upgraded | 7 Aug 2024 |
Financial journalist opinion
Based on 6 articles about AVNT published over the past 30 days