Dimensional Fund Advisors LP decreased its position in shares of Avery Dennison Corporation (NYSE:AVY – Free Report) by 2.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 854,005 shares of the industrial products company’s stock after selling 19,230 shares during the quarter. Dimensional Fund Advisors LP owned about 1.10% of Avery Dennison worth $138,482,000 as of its most recent SEC filing.
Other large investors have also recently bought and sold shares of the company. Steigerwald Gordon & Koch Inc. acquired a new stake in Avery Dennison in the third quarter worth $29,000. Vermillion & White Wealth Management Group LLC grew its holdings in shares of 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 buying an additional 80 shares during the period. Atlantic Union Bankshares Corp bought a new stake in shares of Avery Dennison in the 2nd quarter valued at $35,000. CYBER HORNET ETFs LLC acquired a new stake in Avery Dennison during the 2nd quarter worth $37,000. Finally, MUFG Securities EMEA plc acquired a new stake in Avery Dennison during the 2nd quarter worth $41,000. Institutional investors own 94.17% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on AVY. Weiss Ratings reissued a “hold (c)” rating on shares of Avery Dennison in a research note on Monday, December 29th. JPMorgan Chase & Co. lifted their price objective on Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Citigroup boosted their price objective on Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. BMO Capital Markets increased their target price on Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a research note on Friday, February 6th. Finally, UBS Group lifted their price target on shares of Avery Dennison from $218.00 to $226.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Nine analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $208.45.
Insider Buying and Selling at Avery Dennison
In other news, SVP Ignacio J. Walker sold 1,156 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $192.95, for a total value of $223,050.20. Following the completion of the sale, the senior vice president owned 7,588 shares of the company’s stock, valued at approximately $1,464,104.60. This represents a 13.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.84% of the stock is owned by company insiders.
Avery Dennison Stock Performance
Shares of Avery Dennison stock opened at $174.62 on Wednesday. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.13 and a quick ratio of 0.76. The firm has a market cap of $13.43 billion, a price-to-earnings ratio of 19.89, a price-to-earnings-growth ratio of 3.15 and a beta of 0.97. The stock’s 50-day moving average is $188.45 and its 200-day moving average is $177.19. Avery Dennison Corporation has a one year low of $156.23 and a one year high of $199.54.
Avery Dennison (NYSE:AVY – Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share for the quarter, topping analysts’ consensus estimates of $2.40 by $0.05. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.The firm had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter in the prior year, the firm posted $2.38 EPS. The business’s revenue was up 3.9% on a year-over-year basis. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. Equities analysts predict that Avery Dennison Corporation will post 9.96 earnings per share for the current fiscal year.
Avery Dennison Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be paid a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Wednesday, March 4th. Avery Dennison’s dividend payout ratio (DPR) is currently 42.82%.
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.
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