Insider Selling: Avery Dennison (NYSE:AVY) SVP Sells $223,050.20 in Stock

Avery Dennison Corporation (NYSE:AVY) SVP Ignacio Walker sold 1,156 shares of the firm’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 of the company’s stock, valued at $1,464,104.60. This represents a 13.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Avery Dennison Stock Up 1.2%

Shares of Avery Dennison stock opened at $192.92 on Thursday. Avery Dennison Corporation has a 1 year low of $156.23 and a 1 year high of $196.00. The firm has a market cap of $14.91 billion, a price-to-earnings ratio of 21.97, a PEG ratio of 3.39 and a beta of 1.00. The company has a 50-day moving average of $184.47 and a 200 day moving average of $174.67. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.13 and a quick ratio of 0.76.

Avery Dennison (NYSE:AVY) last announced its quarterly earnings data 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 net margin of 7.77% and a return on equity of 33.84%. The business had revenue of $2.27 billion for the quarter, compared to analysts’ expectations of $2.29 billion. During the same quarter in the prior year, the company earned $2.38 earnings per share. The business’s revenue was up 3.9% compared to the same quarter last year. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. As a group, sell-side analysts anticipate that Avery Dennison Corporation will post 9.96 earnings per share for the current fiscal year.

Avery Dennison Announces Dividend

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

Institutional Trading of Avery Dennison

Several large investors have recently added to or reduced their stakes in the business. Steigerwald Gordon & Koch Inc. bought a new position in Avery Dennison in the third quarter worth approximately $29,000. Vermillion & White Wealth Management Group LLC lifted its position in Avery Dennison by 89.9% during the second 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 in the last quarter. Bartlett & CO. Wealth Management LLC grew its holdings in Avery Dennison by 16,900.0% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 169 shares during the period. NewSquare Capital LLC increased its position in Avery Dennison by 156.2% in the second quarter. NewSquare Capital LLC now owns 187 shares of the industrial products company’s stock worth $33,000 after buying an additional 114 shares in the last quarter. Finally, Atlantic Union Bankshares Corp bought a new position in shares of Avery Dennison in the second quarter worth about $35,000. 94.17% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently weighed in on AVY. Argus set a $200.00 price target on Avery Dennison in a report on Tuesday, October 28th. UBS Group raised their price objective 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. JPMorgan Chase & Co. increased their price target on shares of Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a report on Monday. Citigroup boosted their price objective on shares of Avery Dennison from $188.00 to $201.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. Finally, Truist Financial increased their target price on Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $208.45.

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.