Caprock Group LLC Acquires New Position in Avery Dennison Corporation $AVY

Caprock Group LLC bought a new position in shares of Avery Dennison Corporation (NYSE:AVY) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,451 shares of the industrial products company’s stock, valued at approximately $764,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Steigerwald Gordon & Koch Inc. purchased a new position in Avery Dennison during the third quarter worth $29,000. Vermillion & White Wealth Management Group LLC raised its stake in Avery Dennison by 89.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 80 shares during the last quarter. NewSquare Capital LLC raised its stake in Avery Dennison by 156.2% in the 2nd quarter. NewSquare Capital LLC now owns 187 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 114 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new position in Avery Dennison in the 2nd quarter valued at about $35,000. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of Avery Dennison during the 2nd quarter worth about $37,000. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on AVY shares. BMO Capital Markets upped their price objective on Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a report on Friday, February 6th. Citigroup upped their price target on Avery Dennison from $188.00 to $201.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Truist Financial lifted their price objective on Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. JPMorgan Chase & Co. increased their target price on shares of Avery Dennison from $195.00 to $205.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avery Dennison in a research report on Monday, December 29th. Nine investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $208.45.

Avery Dennison Trading Up 0.1%

NYSE AVY opened at $195.76 on Tuesday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.76 and a current ratio of 1.13. Avery Dennison Corporation has a one year low of $156.23 and a one year high of $197.54. The company has a 50-day simple moving average of $185.63 and a 200-day simple moving average of $175.22. The firm has a market capitalization of $15.13 billion, a PE ratio of 22.30, a price-to-earnings-growth ratio of 3.48 and a beta of 1.00.

Avery Dennison (NYSE:AVY) last issued its earnings results on Wednesday, February 4th. The industrial products company reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $2.40 by $0.05. The company had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.29 billion. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.Avery Dennison’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.38 earnings per share. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. On average, equities analysts forecast that Avery Dennison Corporation will post 9.96 earnings per share for the current year.

Avery Dennison Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th will be issued a $0.94 dividend. The ex-dividend date is Wednesday, March 4th. This represents a $3.76 annualized dividend and a dividend yield of 1.9%. Avery Dennison’s dividend payout ratio is 42.82%.

Insiders Place Their Bets

In other news, SVP Ignacio J. Walker sold 1,156 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $192.95, for a total transaction of $223,050.20. Following the completion of the sale, the senior vice president owned 7,588 shares in the company, valued at approximately $1,464,104.60. This represents a 13.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.84% of the stock is owned by corporate insiders.

Avery Dennison Company Profile

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.