Boston Trust Walden Corp Has $46.14 Million Stock Holdings in Avery Dennison Corporation $AVY

Boston Trust Walden Corp lowered its position in shares of Avery Dennison Corporation (NYSE:AVYFree Report) by 7.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 284,531 shares of the industrial products company’s stock after selling 23,932 shares during the quarter. Boston Trust Walden Corp owned approximately 0.36% of Avery Dennison worth $46,142,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of Avery Dennison by 3.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,468 shares of the industrial products company’s stock valued at $795,000 after acquiring an additional 140 shares during the last quarter. Ieq Capital LLC bought a new position in Avery Dennison in the 1st quarter valued at $209,000. State of Wyoming acquired a new position in Avery Dennison in the first quarter worth $122,000. Vident Advisory LLC grew its holdings in shares of Avery Dennison by 92.1% during the first quarter. Vident Advisory LLC now owns 4,416 shares of the industrial products company’s stock worth $786,000 after purchasing an additional 2,117 shares during the last quarter. Finally, Baird Financial Group Inc. increased its stake in shares of Avery Dennison by 3.6% in the first quarter. Baird Financial Group Inc. now owns 63,725 shares of the industrial products company’s stock valued at $11,341,000 after buying an additional 2,205 shares in the last quarter. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Truist Financial decreased their price objective 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. Argus set a $200.00 price target on shares of Avery Dennison in a research note on Tuesday, October 28th. UBS Group upgraded shares of Avery Dennison from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $181.00 to $218.00 in a research report on Thursday, October 23rd. JPMorgan Chase & Co. upgraded Avery Dennison from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $182.00 to $195.00 in a research report on Thursday, October 23rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Avery Dennison in a research note on Monday, December 22nd. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $200.55.

Read Our Latest Report on AVY

Avery Dennison Stock Performance

Shares of Avery Dennison stock opened at $182.70 on Tuesday. The firm has a fifty day moving average of $176.14 and a two-hundred day moving average of $172.88. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.89 and a current ratio of 1.26. The stock has a market capitalization of $14.12 billion, a price-to-earnings ratio of 20.78, a PEG ratio of 2.48 and a beta of 1.01. Avery Dennison Corporation has a 52 week low of $156.23 and a 52 week high of $196.40.

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

Avery Dennison Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Wednesday, December 3rd were paid a $0.94 dividend. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.1%. Avery Dennison’s dividend payout ratio is 42.78%.

Avery Dennison Profile

(Free Report)

Avery Dennison (NYSE:AVY) is a global materials science and manufacturing company specializing in labeling and packaging solutions. The company develops pressure-sensitive materials, tags and labels, and adhesive technologies that help brands and businesses enhance product identification, branding and supply-chain performance. Avery Dennison’s offerings range from industrial and retail labeling to high-performance tapes, films and graphics materials used across multiple end markets.

The company operates through several key segments, including Label and Graphic Materials, which supplies pressure-sensitive materials for consumer goods; Retail Branding and Information Solutions, offering apparel tags, RFID inlays and digital product identification; Pressure-Sensitive Materials, providing specialty tapes and adhesives; and RF Technologies, focused on advanced RFID and IoT labeling solutions.

Read More

Want to see what other hedge funds are holding AVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Avery Dennison Corporation (NYSE:AVYFree Report).

Institutional Ownership by Quarter for Avery Dennison (NYSE:AVY)

Receive News & Ratings for Avery Dennison Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avery Dennison and related companies with MarketBeat.com's FREE daily email newsletter.