D.A. Davidson & CO. Has $1.09 Million Position in Avery Dennison Corporation $AVY

D.A. Davidson & CO. raised its stake in shares of Avery Dennison Corporation (NYSE:AVY) by 6.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,228 shares of the industrial products company’s stock after buying an additional 379 shares during the period. D.A. Davidson & CO.’s holdings in Avery Dennison were worth $1,093,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of AVY. GAMMA Investing LLC boosted its stake in shares of Avery Dennison by 9.4% during the 1st quarter. GAMMA Investing LLC now owns 2,409 shares of the industrial products company’s stock valued at $429,000 after buying an additional 207 shares during the period. Oppenheimer Asset Management Inc. boosted its stake in shares of Avery Dennison by 11.3% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 2,953 shares of the industrial products company’s stock valued at $526,000 after buying an additional 300 shares during the period. Spire Wealth Management boosted its stake in shares of Avery Dennison by 630.9% during the 1st quarter. Spire Wealth Management now owns 2,200 shares of the industrial products company’s stock valued at $392,000 after buying an additional 1,899 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Avery Dennison by 0.4% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 184,964 shares of the industrial products company’s stock valued at $32,918,000 after buying an additional 720 shares during the period. Finally, KBC Group NV raised its holdings in shares of Avery Dennison by 12.0% during the 1st quarter. KBC Group NV now owns 20,420 shares of the industrial products company’s stock valued at $3,634,000 after purchasing an additional 2,192 shares in the last quarter. Institutional investors and hedge funds own 94.17% of the company’s stock.

Avery Dennison Stock Performance

Shares of AVY opened at $180.47 on Tuesday. The company has a market capitalization of $14.07 billion, a PE ratio of 20.53, a price-to-earnings-growth ratio of 2.46 and a beta of 0.95. Avery Dennison Corporation has a one year low of $156.23 and a one year high of $209.83. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.26 and a quick ratio of 0.89. The company’s fifty day moving average price is $166.88 and its 200 day moving average price is $172.81.

Avery Dennison (NYSE:AVY) last announced its earnings results on Wednesday, October 22nd. The industrial products company reported $2.37 EPS for the quarter, topping the consensus estimate of $2.32 by $0.05. The firm had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.22 billion. Avery Dennison had a net margin of 7.93% and a return on equity of 33.67%. The business’s quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.33 EPS. Avery Dennison has set its Q4 2025 guidance at 2.350-2.450 EPS. As a group, analysts expect that Avery Dennison Corporation will post 9.96 earnings per share for the current year.

Avery Dennison Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, December 3rd will be issued a dividend of $0.94 per share. The ex-dividend date is Wednesday, December 3rd. This represents a $3.76 annualized dividend and a dividend yield of 2.1%. Avery Dennison’s payout ratio is presently 42.78%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. JPMorgan Chase & Co. upgraded shares of Avery Dennison from a “neutral” rating to an “overweight” rating and raised their price target for the company from $182.00 to $195.00 in a report on Thursday, October 23rd. Truist Financial cut their price target on shares of Avery Dennison from $204.00 to $203.00 and set a “buy” rating on the stock in a report on Monday, October 13th. BMO Capital Markets restated an “outperform” rating and set a $210.00 price target on shares of Avery Dennison in a report on Thursday. Weiss Ratings restated a “hold (c-)” rating on shares of Avery Dennison in a report on Tuesday, October 14th. Finally, UBS Group upgraded shares of Avery Dennison from a “neutral” rating to a “buy” rating and raised their price target for the company from $181.00 to $218.00 in a report on Thursday, October 23rd. Eight equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Avery Dennison presently has an average rating of “Moderate Buy” and a consensus price target of $200.60.

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.