Avior Wealth Management LLC Invests $668,000 in Avery Dennison Corporation $AVY

Avior Wealth Management LLC purchased a new position in shares of Avery Dennison Corporation (NYSE:AVYFree Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,671 shares of the industrial products company’s stock, valued at approximately $668,000.

Several other large investors have also recently added to or reduced their stakes in AVY. Board of the Pension Protection Fund acquired a new stake in shares of Avery Dennison in the 4th quarter valued at approximately $1,564,000. Tudor Investment Corp ET AL grew its holdings in Avery Dennison by 245.5% during the third quarter. Tudor Investment Corp ET AL now owns 99,074 shares of the industrial products company’s stock worth $16,067,000 after acquiring an additional 70,398 shares during the period. Mirova raised its position in Avery Dennison by 3.1% in the third quarter. Mirova now owns 37,522 shares of the industrial products company’s stock worth $6,085,000 after acquiring an additional 1,118 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new stake in Avery Dennison in the third quarter valued at $7,721,000. Finally, Danske Bank A S acquired a new stake in Avery Dennison in the third quarter valued at $4,019,000. 94.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently commented on AVY. Truist Financial raised their price objective on shares of Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Citigroup upped their target price on shares of Avery Dennison from $188.00 to $201.00 and gave the stock a “neutral” 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 research report on Thursday, February 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Avery Dennison in a research note on Monday, December 29th. Finally, BMO Capital Markets upped their price target on Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a report on Friday, February 6th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Avery Dennison presently has an average rating of “Moderate Buy” and an average price target of $208.45.

Check Out Our Latest Stock Analysis on Avery Dennison

Avery Dennison Stock Performance

NYSE:AVY opened at $161.15 on Monday. The company has a current ratio of 1.13, a quick ratio of 0.76 and a debt-to-equity ratio of 1.43. The company has a market capitalization of $12.40 billion, a P/E ratio of 18.35, a price-to-earnings-growth ratio of 2.88 and a beta of 0.97. The firm has a 50-day moving average price of $186.13 and a two-hundred day moving average price of $177.02. Avery Dennison Corporation has a twelve month low of $156.23 and a twelve month high of $199.54.

Avery Dennison (NYSE:AVYGet Free Report) last released its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.45 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $2.29 billion. During the same period in the prior year, the business earned $2.38 earnings per share. The company’s quarterly 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. As a group, research analysts expect 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 was paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th were paid a dividend of $0.94 per share. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.3%. Avery Dennison’s dividend payout ratio (DPR) is presently 42.82%.

Insider Transactions at Avery Dennison

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,156 shares of the firm’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $192.95, for a total transaction of $223,050.20. Following the sale, the senior vice president directly owned 7,588 shares of the company’s stock, valued at $1,464,104.60. This trade represents a 13.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mitchell R. Butier sold 13,000 shares of Avery Dennison stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $171.50, for a total transaction of $2,229,500.00. Following the sale, the director owned 198,147 shares of the company’s stock, valued at approximately $33,982,210.50. This trade represents a 6.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 34,156 shares of company stock valued at $5,930,150. 0.81% of the stock is currently owned by company insiders.

Avery Dennison Profile

(Free Report)

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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Institutional Ownership by Quarter for Avery Dennison (NYSE:AVY)

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