Brindle & Bay Financial Advisors LLC Takes Position in Avery Dennison Corporation $AVY

Brindle & Bay Financial Advisors LLC purchased a new stake in Avery Dennison Corporation (NYSE:AVY) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 4,300 shares of the industrial products company’s stock, valued at approximately $782,000.

Several other large investors have also modified their holdings of AVY. Vanguard Group Inc. increased its holdings 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 valued at $1,683,185,000 after acquiring an additional 361,231 shares during the last quarter. Johnson Investment Counsel Inc. increased its holdings in shares of Avery Dennison by 11.7% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 351,635 shares of the industrial products company’s stock valued at $57,025,000 after acquiring an additional 36,698 shares during the last quarter. Fieldview Capital Management LLC increased its holdings in shares of Avery Dennison by 412.7% in the 3rd quarter. Fieldview Capital Management LLC now owns 26,265 shares of the industrial products company’s stock valued at $4,259,000 after acquiring an additional 21,142 shares during the last quarter. WCM Investment Management LLC bought a new stake in shares of Avery Dennison in the 3rd quarter valued at approximately $2,785,000. Finally, CPC Advisors LLC bought a new stake in shares of Avery Dennison in the 4th quarter valued at approximately $1,464,000. Institutional investors and hedge funds own 94.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft assumed coverage on Avery Dennison in a report on Wednesday, April 1st. They issued a “buy” rating and a $200.00 price target for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a report on Friday, March 27th. Truist Financial cut their price target on Avery Dennison from $233.00 to $223.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. JPMorgan Chase & Co. boosted their price objective on Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Finally, 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 report on Friday, February 6th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Avery Dennison presently has an average rating of “Moderate Buy” and an average target price of $207.11.

Avery Dennison Price Performance

Shares of NYSE AVY opened at $165.42 on Friday. Avery Dennison Corporation has a 1-year low of $156.23 and a 1-year high of $199.54. 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 business’s fifty day moving average price is $176.66 and its two-hundred day moving average price is $177.92. The firm has a market capitalization of $12.72 billion, a PE ratio of 18.84, a P/E/G ratio of 2.77 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 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $2.29 billion. During the same period last year, the company earned $2.38 earnings per share. The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. On average, research analysts expect that Avery Dennison Corporation will post 10.07 EPS for the current year.

Avery Dennison Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th were given a $0.94 dividend. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $3.76 annualized dividend and a yield of 2.3%. Avery Dennison’s dividend payout ratio (DPR) is currently 42.82%.

Insider Buying and Selling at Avery Dennison

In other news, SVP Ignacio J. Walker sold 1,156 shares of the firm’s 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 transaction, the senior vice president directly owned 7,588 shares of the company’s stock, valued at approximately $1,464,104.60. This trade represents a 13.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mitchell R. Butier sold 20,000 shares of the firm’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $173.88, for a total value of $3,477,600.00. Following the transaction, the director directly owned 211,147 shares in the company, valued at $36,714,240.36. This trade represents a 8.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 34,156 shares of company stock valued at $5,930,150. Company insiders own 0.81% of the company’s stock.

Avery Dennison 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.