Accurate Wealth Management LLC purchased a new position in shares of Avery Dennison Corporation (NYSE:AVY – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,817 shares of the industrial products company’s stock, valued at approximately $2,226,000.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in shares of Avery Dennison in the 2nd quarter worth about $174,425,000. Wellington Management Group LLP increased its holdings in Avery Dennison by 12.5% in the third quarter. Wellington Management Group LLP now owns 5,808,960 shares of the industrial products company’s stock valued at $942,039,000 after buying an additional 644,664 shares during the last quarter. Balyasny Asset Management L.P. acquired a new stake in Avery Dennison during the third quarter valued at approximately $74,942,000. Ameriprise Financial Inc. lifted its holdings in Avery Dennison by 30.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,841,191 shares of the industrial products company’s stock worth $298,613,000 after buying an additional 435,156 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in shares of Avery Dennison by 3.6% in the 3rd quarter. Vanguard Group Inc. now owns 10,379,137 shares of the industrial products company’s stock worth $1,683,185,000 after acquiring an additional 361,231 shares in the last quarter. 94.17% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities analysts recently issued reports on AVY shares. Truist Financial raised their price objective on Avery Dennison from $213.00 to $234.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. BMO Capital Markets raised their price target on shares of Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a research report on Friday, February 6th. 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 report on Thursday, February 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a research note on Monday, December 29th. Finally, JPMorgan Chase & Co. upped their target price on Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $208.45.
Avery Dennison Stock Down 0.5%
Shares of Avery Dennison stock opened at $167.70 on Friday. Avery Dennison Corporation has a 12-month low of $156.23 and a 12-month high of $199.54. The firm has a market capitalization of $12.90 billion, a PE ratio of 19.10, a price-to-earnings-growth ratio of 3.01 and a beta of 0.97. The company has a quick ratio of 0.76, a current ratio of 1.13 and a debt-to-equity ratio of 1.43. The stock’s fifty day moving average is $184.06 and its 200-day moving average is $176.88.
Avery Dennison (NYSE:AVY – Get Free Report) last issued 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. The firm had revenue of $2.27 billion for the quarter, compared to analysts’ expectations of $2.29 billion. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.Avery Dennison’s revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the business posted $2.38 EPS. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. Equities analysts anticipate that Avery Dennison Corporation will post 9.96 earnings per share for the current year.
Avery Dennison Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were given a $0.94 dividend. This represents a $3.76 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Wednesday, March 4th. Avery Dennison’s dividend payout ratio (DPR) is 42.82%.
Insiders Place Their Bets
In other news, Director Mitchell R. Butier sold 20,000 shares of Avery Dennison stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $173.88, for a total transaction of $3,477,600.00. Following the transaction, the director owned 211,147 shares in the company, valued at approximately $36,714,240.36. The trade was a 8.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Ignacio J. Walker sold 1,156 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $192.95, for a total value of $223,050.20. Following the transaction, the senior vice president directly owned 7,588 shares in the company, valued at $1,464,104.60. The trade was a 13.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 34,156 shares of company stock worth $5,930,150 in the last quarter. 0.81% of the stock is currently 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.
See Also
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