TD Private Client Wealth LLC Has $136,000 Stake in Avery Dennison Corporation $AVY

TD Private Client Wealth LLC decreased its holdings in shares of Avery Dennison Corporation (NYSE:AVY) by 23.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 775 shares of the industrial products company’s stock after selling 231 shares during the quarter. TD Private Client Wealth LLC’s holdings in Avery Dennison were worth $136,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of AVY. Bayforest Capital Ltd acquired a new position in Avery Dennison during the first quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Avery Dennison by 193.1% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 170 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 112 shares during the period. SouthState Corp grew its holdings in Avery Dennison by 195.7% during the first quarter. SouthState Corp now owns 207 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 137 shares during the period. MassMutual Private Wealth & Trust FSB grew its holdings in Avery Dennison by 70.2% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 211 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 87 shares during the period. Finally, Costello Asset Management INC acquired a new position in Avery Dennison during the first quarter valued at approximately $40,000. Institutional investors and hedge funds own 94.17% of the company’s stock.

Avery Dennison Stock Performance

Shares of AVY stock opened at $160.28 on Tuesday. 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 company’s fifty day simple moving average is $170.03 and its 200-day simple moving average is $174.06. Avery Dennison Corporation has a 12 month low of $157.00 and a 12 month high of $222.79. The firm has a market cap of $12.50 billion, a PE ratio of 17.99, a P/E/G ratio of 2.47 and a beta of 0.90.

Avery Dennison (NYSE:AVY) last posted its quarterly earnings results 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. Avery Dennison had a net margin of 8.14% and a return on equity of 33.14%. The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.23 billion. During the same period in the prior year, the firm posted $2.42 earnings per share. The company’s quarterly revenue was down .7% compared to the same quarter last year. Avery Dennison has set its Q3 2025 guidance at 2.240-2.40 EPS. Equities research analysts expect that Avery Dennison Corporation will post 9.96 EPS for the current fiscal year.

Avery Dennison Announces Dividend

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

Analyst Upgrades and Downgrades

AVY has been the subject of a number of analyst reports. JPMorgan Chase & Co. boosted their price objective 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. BMO Capital Markets restated an “outperform” rating and set a $207.00 price objective (down previously from $216.00) on shares of Avery Dennison in a report on Wednesday, July 23rd. Bank of America boosted their price objective 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. Citigroup cut their price target on shares of Avery Dennison from $191.00 to $177.00 and set a “neutral” rating on the stock in a research note on Monday. Finally, Raymond James Financial lifted their price target on shares of Avery Dennison from $194.00 to $200.00 and gave the company an “outperform” rating in a research note on Tuesday, July 15th. Six investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $196.80.

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.