Avery Dennison Corporation $AVY Holdings Raised by Bahl & Gaynor Inc.

Bahl & Gaynor Inc. increased its stake in Avery Dennison Corporation (NYSE:AVY) by 4.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 414,656 shares of the industrial products company’s stock after purchasing an additional 17,513 shares during the quarter. Bahl & Gaynor Inc. owned about 0.53% of Avery Dennison worth $72,760,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Mufg Securities Americas Inc. lifted its stake in shares of Avery Dennison by 21.8% in the 2nd quarter. Mufg Securities Americas Inc. now owns 1,733 shares of the industrial products company’s stock worth $304,000 after acquiring an additional 310 shares during the period. Franklin Resources Inc. raised its holdings in Avery Dennison by 5.9% during the second quarter. Franklin Resources Inc. now owns 63,230 shares of the industrial products company’s stock worth $11,095,000 after purchasing an additional 3,511 shares in the last quarter. MAI Capital Management lifted its position in Avery Dennison by 25.8% in the second quarter. MAI Capital Management now owns 1,308 shares of the industrial products company’s stock worth $230,000 after purchasing an additional 268 shares during the period. JPMorgan Chase & Co. boosted its stake in Avery Dennison by 27.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 494,434 shares of the industrial products company’s stock valued at $86,762,000 after purchasing an additional 107,727 shares in the last quarter. Finally, DNB Asset Management AS boosted its stake in Avery Dennison by 4.3% during the 2nd quarter. DNB Asset Management AS now owns 16,398 shares of the industrial products company’s stock valued at $2,877,000 after purchasing an additional 676 shares in the last quarter. Institutional investors and hedge funds own 94.17% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on AVY shares. Argus set a $200.00 price objective on Avery Dennison in a report on Tuesday, October 28th. Weiss Ratings reissued a “hold (c-)” rating on shares of Avery Dennison in a report on Monday. JPMorgan Chase & Co. raised shares of Avery Dennison from a “neutral” rating to an “overweight” rating and upped their price target for the company from $182.00 to $195.00 in a report on Thursday, October 23rd. Truist Financial lowered their price objective on shares of Avery Dennison from $204.00 to $203.00 and set a “buy” rating on the stock in a research note on Monday, October 13th. Finally, BMO Capital Markets reissued an “outperform” rating and set a $210.00 target price on shares of Avery Dennison in a research note on Thursday, October 23rd. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $200.55.

Avery Dennison Stock Up 2.6%

AVY stock opened at $170.34 on Friday. 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 firm has a market capitalization of $13.17 billion, a P/E ratio of 19.38, a P/E/G ratio of 2.39 and a beta of 0.99. Avery Dennison Corporation has a 52-week low of $156.23 and a 52-week high of $207.99. The company’s 50 day simple moving average is $167.77 and its 200-day simple moving average is $173.13.

Avery Dennison (NYSE:AVY) last posted its quarterly earnings data on Wednesday, October 22nd. The industrial products company reported $2.37 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.05. Avery Dennison had a net margin of 7.93% and a return on equity of 33.67%. The firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.22 billion. During the same period in the previous year, the company posted $2.33 EPS. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. Avery Dennison has set its Q4 2025 guidance at 2.350-2.450 EPS. As a group, equities research 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 will be paid on Wednesday, December 17th. Investors of record on Wednesday, December 3rd will be given a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Wednesday, December 3rd. Avery Dennison’s payout ratio is presently 42.78%.

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.