Avery Dennison Corporation $AVY Stock Holdings Increased by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB increased its holdings in Avery Dennison Corporation (NYSE:AVY) by 70.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 211 shares of the industrial products company’s stock after purchasing an additional 87 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Avery Dennison were worth $37,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bayforest Capital Ltd bought a new stake in shares of Avery Dennison in the 1st quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Avery Dennison by 193.1% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 170 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 112 shares in the last quarter. SouthState Corp raised its holdings in shares of Avery Dennison by 195.7% in the 1st quarter. SouthState Corp now owns 207 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 137 shares in the last quarter. Costello Asset Management INC acquired a new stake in shares of Avery Dennison during the first quarter valued at approximately $40,000. Finally, Transamerica Financial Advisors LLC raised its holdings in shares of Avery Dennison by 800.0% during the first quarter. Transamerica Financial Advisors LLC now owns 234 shares of the industrial products company’s stock valued at $42,000 after acquiring an additional 208 shares during the period. 94.17% of the stock is currently owned by institutional investors.

Avery Dennison Stock Performance

AVY stock opened at $164.66 on Friday. The company has a quick ratio of 0.70, a current ratio of 1.04 and a debt-to-equity ratio of 1.19. The firm has a 50 day moving average of $172.13 and a two-hundred day moving average of $174.91. The company has a market capitalization of $12.84 billion, a price-to-earnings ratio of 18.48, a P/E/G ratio of 2.53 and a beta of 0.90. Avery Dennison Corporation has a 12 month low of $157.00 and a 12 month high of $224.38.

Avery Dennison (NYSE:AVY) last posted its quarterly earnings data on Tuesday, July 22nd. The industrial products company reported $2.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.38 by $0.04. The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.23 billion. Avery Dennison had a net margin of 8.14% and a return on equity of 33.14%. Avery Dennison’s quarterly revenue was down .7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.42 EPS. Avery Dennison has set its Q3 2025 guidance at 2.240-2.40 EPS. As a group, equities analysts anticipate that Avery Dennison Corporation will post 9.96 EPS for the current fiscal year.

Avery Dennison Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, September 3rd were issued a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Wednesday, September 3rd. Avery Dennison’s dividend payout ratio is currently 42.20%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Raymond James Financial boosted their price target on shares of Avery Dennison from $194.00 to $200.00 and gave the company an “outperform” rating in a report on Tuesday, July 15th. BMO Capital Markets restated an “outperform” rating and set a $207.00 price target (down previously from $216.00) on shares of Avery Dennison in a report on Wednesday, July 23rd. JPMorgan Chase & Co. boosted their price target on shares of Avery Dennison from $172.00 to $182.00 and gave the company a “neutral” rating in a report on Wednesday, July 23rd. Bank of America boosted their price target on shares of Avery Dennison from $195.00 to $208.00 and gave the company a “buy” rating in a report on Wednesday, July 9th. Finally, Citigroup boosted their price target on shares of Avery Dennison from $177.00 to $185.00 and gave the company a “neutral” rating in a report on Friday, July 11th. Six investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $197.60.

About Avery Dennison

Avery Dennison Corporation operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin, America, and internationally. It provides pressure-sensitive materials comprising papers, plastic films, metal foils, and fabrics; performance tapes products, including tapes for wire harnessing, as well as cable wrapping for automotive, electrical, and general industrial applications; mechanical fasteners, which are precision-extruded and injection-molded plastic devices used in various automotive, general industrial, and retail applications; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, Yongle, and Avery Dennison brands.