Albert D Mason Inc. Has $1.89 Million Stock Position in Avery Dennison Corporation $AVY

Albert D Mason Inc. raised its holdings in Avery Dennison Corporation (NYSE:AVYFree Report) by 41.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,386 shares of the industrial products company’s stock after purchasing an additional 3,042 shares during the quarter. Avery Dennison accounts for approximately 1.2% of Albert D Mason Inc.’s investment portfolio, making the stock its 25th biggest position. Albert D Mason Inc.’s holdings in Avery Dennison were worth $1,889,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Cadent Capital Advisors LLC acquired a new position in Avery Dennison during the fourth quarter worth about $369,000. Norden Group LLC bought a new stake in shares of Avery Dennison during the 4th quarter valued at approximately $393,000. Czech National Bank increased its position in Avery Dennison by 2.9% during the 4th quarter. Czech National Bank now owns 20,382 shares of the industrial products company’s stock worth $3,707,000 after purchasing an additional 576 shares in the last quarter. Moody National Bank Trust Division bought a new position in Avery Dennison in the 4th quarter valued at approximately $228,000. Finally, Congress Asset Management Co. boosted its position in Avery Dennison by 14.5% in the fourth quarter. Congress Asset Management Co. now owns 97,622 shares of the industrial products company’s stock valued at $17,756,000 after buying an additional 12,339 shares in the last quarter. Institutional investors and hedge funds own 94.17% of the company’s stock.

Insider Buying and Selling

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,156 shares of the business’s 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 transaction, the senior vice president directly owned 7,588 shares of the company’s stock, valued at approximately $1,464,104.60. The trade was a 13.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mitchell R. Butier sold 13,000 shares of the stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $171.50, for a total value of $2,229,500.00. Following the transaction, the director owned 198,147 shares in the company, valued at $33,982,210.50. The trade was a 6.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 34,156 shares of company stock valued at $5,930,150. 0.81% of the stock is currently owned by corporate insiders.

Avery Dennison Stock Performance

NYSE:AVY opened at $168.42 on Friday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.76 and a current ratio of 1.13. Avery Dennison Corporation has a fifty-two week low of $156.23 and a fifty-two week high of $199.54. The company has a 50 day simple moving average of $184.48 and a two-hundred day simple moving average of $176.89. The company has a market capitalization of $12.95 billion, a PE ratio of 19.18, a P/E/G ratio of 3.05 and a beta of 0.97.

Avery Dennison (NYSE:AVYGet Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.45 earnings per share (EPS) 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 firm had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter in the previous year, the company earned $2.38 EPS. The company’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. Research 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 disclosed a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Wednesday, March 4th were paid a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Wednesday, March 4th. Avery Dennison’s payout ratio is currently 42.82%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on AVY. UBS Group upped their price target on shares of Avery Dennison from $218.00 to $226.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Citigroup increased their target price 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 boosted 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avery Dennison in a research note on Monday, December 29th. Finally, 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 report on Tuesday, January 6th. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Avery Dennison has a consensus rating of “Moderate Buy” and an average price target of $208.45.

Read Our Latest Report on Avery Dennison

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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