SG Americas Securities LLC Sells 10,504 Shares of Avery Dennison Corporation $AVY

SG Americas Securities LLC decreased its position in shares of Avery Dennison Corporation (NYSE:AVY) by 31.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,337 shares of the industrial products company’s stock after selling 10,504 shares during the quarter. SG Americas Securities LLC’s holdings in Avery Dennison were worth $3,785,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Empowered Funds LLC increased its stake in Avery Dennison by 6.4% during the 1st quarter. Empowered Funds LLC now owns 13,534 shares of the industrial products company’s stock valued at $2,409,000 after purchasing an additional 819 shares in the last quarter. Bayforest Capital Ltd acquired a new position in shares of Avery Dennison during the first quarter valued at about $27,000. Focus Partners Wealth increased its position in shares of Avery Dennison by 7.6% during the first quarter. Focus Partners Wealth now owns 3,918 shares of the industrial products company’s stock worth $697,000 after acquiring an additional 278 shares in the last quarter. Intech Investment Management LLC acquired a new stake in shares of Avery Dennison in the 1st quarter worth about $1,209,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in Avery Dennison by 193.1% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 170 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 112 shares in the last quarter. 94.17% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

AVY has been the subject of several analyst reports. UBS Group raised Avery Dennison from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $181.00 to $218.00 in a research note on Thursday, October 23rd. Argus set a $200.00 price target on Avery Dennison in a research report on Tuesday, October 28th. Truist Financial lifted their price objective on shares of Avery Dennison from $213.00 to $234.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Citigroup upped their target price on shares of Avery Dennison from $180.00 to $188.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 6th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Avery Dennison in a research report on Monday, December 29th. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Avery Dennison presently has an average rating of “Moderate Buy” and an average target price of $204.36.

Avery Dennison Trading Up 1.2%

Shares of Avery Dennison stock opened at $188.34 on Monday. The firm has a market cap of $14.56 billion, a PE ratio of 21.43, a P/E/G ratio of 3.17 and a beta of 1.00. Avery Dennison Corporation has a 1 year low of $156.23 and a 1 year high of $196.40. 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 stock has a fifty day moving average price of $177.15 and a 200-day moving average price of $173.33.

Avery Dennison (NYSE:AVY) last posted its quarterly earnings results on Wednesday, October 22nd. The industrial products company reported $2.37 earnings per share for the quarter, beating 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 company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.22 billion. During the same quarter in the prior year, the business earned $2.33 earnings per share. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. Avery Dennison has set its Q4 2025 guidance at 2.350-2.450 EPS. Equities research analysts anticipate 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 dividend of $0.94 per share. The ex-dividend date was Wednesday, December 3rd. This represents a $3.76 annualized dividend and a dividend yield of 2.0%. Avery Dennison’s dividend payout ratio (DPR) is presently 42.78%.

About Avery Dennison

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.