polyone corporation (nyse: pol) with annual revenues of $3.4 billion, is a leading global provider of specialized polymer materials, services and solutions. did you know that polyone... • employs more than 7,600 associates worldwide at: - more than 80 manufacturing and distribution facilities - over a dozen labs and innovation centers - sales and service locations on five continents • serves more than 10,000 global customers across a diverse range of industries. • offers its customers more than 35,000 polymer solutions. • has operations throughout north america, south america, europe, africa and asia. • enables customers in many industries to develop innovative products and services, improve performance and increase their competitiveness through collaboration. polyone corporation is a premier provider of specialized polymer materials, services and solutions. the company is dedicated to serving customers in diverse industries around the globe, by creating value through collaboration, in
Company profile
Ticker
AVNT
Exchange
Website
CEO
Robert Patterson
Employees
Location
Fiscal year end
Industry (SIC)
DuPont de Nemours • Eastman Chemical • Dow • Albemarle • Hexion • Trinseo • Hexcel • Kraton • AdvanSix • Rogers ...
Former names
POLYONE CORP
SEC CIK
Corporate docs
Subsidiaries
Altona Properties Pty Ltd. • Auseon Limited • Avient Argentina S.A. • Avient Austria GmbH • Avient Belgium S.A. • Avient Brasil Ltda. • Avient Canada ULC • Avient China Co., Ltd. • Avient Colombia S.A.S. • Avient Colorant Solutions MX, S. de R.L. de C.V. ...
IRS number
341730488
AVNT stock data
Latest filings (excl ownership)
8-K
Avient Appoints Ashish K. Khandpur as Chief Executive Officer
13 Nov 23
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
Avient Announces Third Quarter 2023 Results
2 Nov 23
8-K
Entry into a Material Definitive Agreement
17 Aug 23
10-Q
2023 Q2
Quarterly report
27 Jul 23
8-K
Avient Announces Second Quarter 2023 Results
27 Jul 23
SD
Conflict minerals disclosure
31 May 23
8-K
Departure of Directors or Certain Officers
16 May 23
S-8
Registration of securities for employees
11 May 23
10-Q
2023 Q1
Quarterly report
3 May 23
Transcripts
AVNT
Earnings call transcript
2023 Q3
2 Nov 23
AVNT
Earnings call transcript
2023 Q2
27 Jul 23
AVNT
Earnings call transcript
2023 Q1
3 May 23
AVNT
Earnings call transcript
2022 Q4
15 Feb 23
AVNT
Earnings call transcript
2022 Q3
2 Nov 22
AVNT
Earnings call transcript
2022 Q2
26 Jul 22
AVNT
Earnings call transcript
2022 Q1
22 Apr 22
AVNT
Earnings call transcript
2021 Q4
8 Feb 22
AVNT
Earnings call transcript
2021 Q3
28 Oct 21
AVNT
Earnings call transcript
2021 Q2
30 Jul 21
Financial summary
| Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 439.60 mm | 439.60 mm | 439.60 mm | 439.60 mm | 439.60 mm | 439.60 mm |
| Cash burn (monthly) | 29.70 mm | 8.73 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 67.54 mm | 19.86 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 372.06 mm | 419.74 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 12.5 | 48.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
93.4% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 252 |
| Opened positions | 33 |
| Closed positions | 32 |
| Increased positions | 104 |
| Reduced positions | 75 |
| 13F shares | Current |
|---|---|
| Total value | 2.99 tn |
| Total shares | 85.11 mm |
| Total puts | 1.10 k |
| Total calls | 6.20 k |
| Total put/call ratio | 0.2 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 10.69 mm | $377.56 bn |
| Vanguard | 10.33 mm | $365.01 bn |
| Allspring Global Investments | 4.10 mm | $144.87 bn |
| STT State Street | 3.81 mm | $135.49 bn |
| BEN Franklin Resources | 3.34 mm | $118.07 bn |
| Dimensional Fund Advisors | 3.05 mm | $107.87 bn |
| AMP Ameriprise Financial | 2.35 mm | $83.08 bn |
| Channing Capital Management | 1.97 mm | $69.53 bn |
| Geode Capital Management | 1.89 mm | $66.93 bn |
| American Century Companies | 1.82 mm | $64.28 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Dec 23 | Ashish Khandpur K | RSU Common Stock | Grant | Acquire A | No | No | 0 | 141,000 | 0.00 | 141,000 |
| 17 Nov 23 | Patterson Robert M | Common Stock | Buy | Acquire P | No | No | 34.5453 | 24,304 | 839.59 k | 610,897 |
| 16 Nov 23 | Patterson Robert M | Common Stock | Discretionary | Acquire I | Yes | No | 33.8 | 37,802.962 | 1.28 mm | 394,235.654 |
| 29 Sep 23 | Abernathy Robert E | Common Stock | Grant | Acquire A | No | No | 0 | 984 | 0.00 | 30,948 |
| 29 Sep 23 | Lin Sandra Beach | Common Stock | Grant | Acquire A | Yes | No | 0 | 984 | 0.00 | 42,940.174 |
News
Avient Appoints Ashish K. Khandpur As CEO Effective December 1, 2023; Robert M. Patterson To Remain In An Advisory Role Until His Retirement On May 31, 2024
13 Nov 23
DraftKings To Rally Over 48%? Here Are 10 Top Analyst Forecasts For Monday
6 Nov 23
Deutsche Bank Downgrades Avient to Hold, Lowers Price Target to $37
6 Nov 23
Avient Q3 Adj EPS $0.57 Beats $0.56 Estimate, Sales $753.70M Miss $788.58M Estimate
2 Nov 23
Earnings Scheduled For November 2, 2023
2 Nov 23