ABN Amro Investment Solutions Invests $4.24 Million in Avery Dennison Corporation $AVY

ABN Amro Investment Solutions acquired a new stake in Avery Dennison Corporation (NYSE:AVY) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 24,180 shares of the industrial products company’s stock, valued at approximately $4,243,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AVY. Strengthening Families & Communities LLC grew its position in Avery Dennison by 16.6% in the second quarter. Strengthening Families & Communities LLC now owns 408 shares of the industrial products company’s stock worth $73,000 after acquiring an additional 58 shares during the period. Bill Few Associates Inc. lifted its stake in shares of Avery Dennison by 0.5% in the 2nd quarter. Bill Few Associates Inc. now owns 13,341 shares of the industrial products company’s stock valued at $2,341,000 after purchasing an additional 67 shares during the last quarter. Diversified Trust Co lifted its stake in shares of Avery Dennison by 0.5% in the 2nd quarter. Diversified Trust Co now owns 13,287 shares of the industrial products company’s stock valued at $2,331,000 after purchasing an additional 71 shares during the last quarter. Forum Financial Management LP grew its holdings in shares of Avery Dennison by 5.6% during the 1st quarter. Forum Financial Management LP now owns 1,384 shares of the industrial products company’s stock worth $246,000 after purchasing an additional 73 shares during the period. Finally, Matrix Trust Co raised its holdings in Avery Dennison by 11.3% in the 2nd quarter. Matrix Trust Co now owns 836 shares of the industrial products company’s stock valued at $147,000 after buying an additional 85 shares during the period. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Avery Dennison Stock Up 1.4%

Shares of Avery Dennison stock opened at $176.36 on Friday. The company has a market capitalization of $13.63 billion, a P/E ratio of 20.06, a P/E/G ratio of 2.39 and a beta of 0.99. The company has a quick ratio of 0.89, a current ratio of 1.26 and a debt-to-equity ratio of 1.45. The company has a 50 day moving average of $167.46 and a 200 day moving average of $173.18. Avery Dennison Corporation has a 52-week low of $156.23 and a 52-week high of $207.99.

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

Avery Dennison Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd will be given a $0.94 dividend. The ex-dividend date is Wednesday, December 3rd. This represents a $3.76 dividend on an annualized basis and a yield of 2.1%. Avery Dennison’s dividend payout ratio (DPR) is presently 42.78%.

Analysts Set New Price Targets

A number of research firms have commented on AVY. Argus set a $200.00 target price on shares of Avery Dennison in a research report on Tuesday, October 28th. Weiss Ratings reissued a “hold (c-)” rating on shares of Avery Dennison in a research note on Tuesday. JPMorgan Chase & Co. raised shares of Avery Dennison from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $182.00 to $195.00 in a research report on Thursday, October 23rd. Citigroup cut their target price on Avery Dennison from $191.00 to $177.00 and set a “neutral” rating on the stock in a research report on Monday, September 29th. Finally, Truist Financial decreased their price target on Avery Dennison from $204.00 to $203.00 and set a “buy” rating on the stock in a research note on Monday, October 13th. Nine investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $200.55.

Avery Dennison Company 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.