Avient Corp Stock Price, News & Analysis

Avient Corporation (NYSE: AVNT) has appointed its current President, CEO and Director Dr. Ashish K. Khandpur as Chairman of the Board, effective May 14, 2025. Dr. Khandpur succeeds Richard H. Fearon, who will continue serving on the Board after holding the Chairman position since December 2023.

Under Dr. Khandpur's leadership, Avient has implemented a new strategy focused on innovation and organic growth, which is already showing positive results. The Board's decision reflects their confidence in his ability to create long-term value for stakeholders through continued organic growth and margin expansion initiatives.

Avient Corporation (NYSE: AVNT) reported its Q1 2025 financial results with sales of $827 million, showing 2% organic growth year-over-year. The company posted Q1 GAAP EPS of ($0.22) compared to $0.54 in the prior year, while adjusted EPS remained steady at $0.76, representing 4% growth excluding forex impact. Regional performance varied, with Asia and Latin America showing strong growth of 9% and 17% respectively, while the U.S. and Canada declined 3%. The company maintained its full-year 2025 guidance with adjusted EPS of $2.70-$2.94 and adjusted EBITDA of $540-570 million. Management plans to reduce debt by $100-200 million by year-end. The quarter saw adjusted EBITDA margins expand by 20 basis points to 17.5%, despite challenging macro-economic conditions and trade policy uncertainties.

Avient (NYSE: AVNT) has announced its upcoming first quarter 2025 earnings release and conference call schedule. The company will release its Q1 2025 earnings before market opening on Tuesday, May 6, 2025, followed by a webcast with slide presentation at 8:00 a.m. Eastern Time.

The webcast will be accessible through avient.com/investors, featuring a Q&A session for which participants must pre-register to receive dial-in details. The presentation materials and recording will remain available on the company's website for one year following the conference call.

Avient (AVNT) reported strong financial results for Q4 and full-year 2024. Fourth quarter sales increased 4% to $747 million, with organic sales growth of 5% across all regions. Full-year sales rose 3% to $3,240 million. The company achieved Q4 GAAP EPS of $0.52 and adjusted EPS of $0.49, exceeding guidance.

Full-year 2024 adjusted EPS reached $2.66, a 13% increase from 2023, driven by sales growth and margin expansion in both segments. Organic sales grew in all regions, with Color, Additives and Inks segment up 3% and Specialty Engineered Materials up 6%. For 2025, Avient projects adjusted EPS between $2.70-$2.94, with the mid-point representing 11% growth excluding foreign exchange impact of $0.12.

Avient (NYSE: AVNT) has announced its Board of Directors has declared a quarterly cash dividend of $0.27 per share on common stock. The dividend will be paid on April 4, 2025, to stockholders of record as of March 18, 2025. The company, which specializes in innovative materials solutions, made this announcement from Cleveland on February 10, 2025.

Avient (NYSE: AVNT) has announced it will release its fourth quarter 2024 earnings before market opening on Thursday, February 13, 2025. The company will host a webcast with slide presentation at 8:00 a.m. Eastern Time on the same day.

Participants interested in the Q&A session must pre-register to receive dial-in details and a personal PIN. The webcast can be viewed live at avient.com/investors. A recording of the webcast and slide presentation will be available at the same website immediately after the conference call and will remain accessible for one year.

Avient (NYSE: AVNT) has announced it will host an Investor Day on December 4, 2024, at 10:00 a.m. Eastern Time at the New York Stock Exchange. CEO Dr. Ashish Khandpur will present the company's strategic approach focused on growth and margin expansion by aligning customer needs and market trends with their technology portfolio. The event will feature presentations from senior executives followed by a Q&A session. Interested parties can register and view the webcast at www.avient.com/investors.

Avient (AVNT) reported strong Q3 2024 results with sales reaching $815.2 million, an 8% increase from the prior year. GAAP EPS from continuing operations was $0.41, up from $0.06, while adjusted EPS reached $0.65, exceeding guidance of $0.62. The company saw organic growth across all regions, with Latin America and Asia showing notable increases of 27% and 11% respectively. The company narrowed its 2024 full-year adjusted EPS guidance to $2.63-$2.67, projecting 11-13% growth. Additionally, Avient increased its dividend by 5% to $1.08 annually, marking its fourteenth consecutive annual increase.

Avient (NYSE: AVNT) has announced its fourteenth consecutive annual dividend increase. The Board of Directors has declared a quarterly cash dividend of $0.27 per share on the common stock outstanding, payable on January 8, 2025, to stockholders of record on December 13, 2024. This represents an approximate 5% increase on an annualized basis, raising the dividend from $1.03 to $1.08 per share.

Dr. Ashish Khandpur, President and CEO of Avient, expressed satisfaction with the dividend increase, emphasizing the company's commitment to raising dividends in line with earnings growth and returning cash to shareholders through a disciplined capital allocation strategy.