Signaturefd LLC Boosts Stock Position in Avery Dennison Corporation $AVY

Signaturefd LLC increased its holdings in shares of Avery Dennison Corporation (NYSE:AVY) by 52.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 696 shares of the industrial products company’s stock after buying an additional 238 shares during the period. Signaturefd LLC’s holdings in Avery Dennison were worth $122,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. DAVENPORT & Co LLC increased its stake in shares of Avery Dennison by 905.0% during the first quarter. DAVENPORT & Co LLC now owns 324,095 shares of the industrial products company’s stock worth $57,503,000 after purchasing an additional 291,848 shares in the last quarter. Vanguard Group Inc. increased its stake in Avery Dennison by 2.9% during the 1st quarter. Vanguard Group Inc. now owns 9,959,263 shares of the industrial products company’s stock worth $1,772,450,000 after buying an additional 277,554 shares in the last quarter. Nuveen LLC acquired a new position in shares of Avery Dennison during the first quarter valued at approximately $46,322,000. Johnson Investment Counsel Inc. boosted its stake in shares of Avery Dennison by 1,305.6% in the first quarter. Johnson Investment Counsel Inc. now owns 264,452 shares of the industrial products company’s stock worth $47,065,000 after acquiring an additional 245,638 shares during the last quarter. Finally, Victory Capital Management Inc. increased its position in shares of Avery Dennison by 17.3% during the first quarter. Victory Capital Management Inc. now owns 1,582,933 shares of the industrial products company’s stock worth $281,715,000 after purchasing an additional 233,062 shares in the last quarter. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on AVY. JPMorgan Chase & Co. lifted their target price on shares of Avery Dennison from $172.00 to $182.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. Bank of America raised their price target on shares of Avery Dennison from $195.00 to $208.00 and gave the stock a “buy” rating in a research note on Wednesday, July 9th. BMO Capital Markets reaffirmed an “outperform” rating and set a $207.00 price objective (down previously from $216.00) on shares of Avery Dennison in a research note on Wednesday, July 23rd. Citigroup decreased their target price 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, September 29th. Finally, Raymond James Financial upped their price target on Avery Dennison from $194.00 to $200.00 and gave the company an “outperform” rating in a research report on Tuesday, July 15th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $196.80.

Avery Dennison Price Performance

AVY stock opened at $163.42 on Friday. The business’s fifty day moving average price is $168.69 and its 200 day moving average price is $173.63. Avery Dennison Corporation has a 12-month low of $157.00 and a 12-month high of $222.16. The company has a current ratio of 1.04, a quick ratio of 0.70 and a debt-to-equity ratio of 1.19. The company has a market capitalization of $12.74 billion, a PE ratio of 18.34, a P/E/G ratio of 2.51 and a beta of 0.95.

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

Avery Dennison Dividend Announcement

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

Avery Dennison Profile

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.