Kelleher Financial Advisors Takes $356,000 Position in Avery Dennison Corporation $AVY

Kelleher Financial Advisors acquired a new position in shares of Avery Dennison Corporation (NYSE:AVY) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 2,027 shares of the industrial products company’s stock, valued at approximately $356,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Bayforest Capital Ltd purchased a new stake in Avery Dennison in the 1st quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in Avery Dennison by 193.1% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 170 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 112 shares during the last quarter. NewSquare Capital LLC grew its stake in Avery Dennison by 156.2% during the 2nd quarter. NewSquare Capital LLC now owns 187 shares of the industrial products company’s stock worth $33,000 after buying an additional 114 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in shares of Avery Dennison during the second quarter valued at approximately $35,000. Finally, SouthState Corp lifted its position in Avery Dennison by 195.7% in the first quarter. SouthState Corp now owns 207 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 137 shares during the period. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. BMO Capital Markets restated an “outperform” rating and issued a $210.00 target price on shares of Avery Dennison in a report on Thursday, October 23rd. UBS Group raised shares of Avery Dennison from a “neutral” rating to a “buy” rating and raised their price objective for the company from $181.00 to $218.00 in a research report on Thursday, October 23rd. Weiss Ratings restated a “hold (c-)” rating on shares of Avery Dennison in a research note on Tuesday, October 14th. Truist Financial cut their price target on shares of Avery Dennison from $204.00 to $203.00 and set a “buy” rating on the stock in a report on Monday, October 13th. Finally, Citigroup lowered their target price on shares of Avery Dennison from $191.00 to $177.00 and set a “neutral” rating on the stock in a research report on Monday, September 29th. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Avery Dennison currently has an average rating of “Moderate Buy” and an average target price of $200.55.

Avery Dennison Stock Performance

AVY opened at $174.21 on Wednesday. The company has a market capitalization of $13.47 billion, a PE ratio of 19.82, a price-to-earnings-growth ratio of 2.39 and a beta of 0.99. Avery Dennison Corporation has a 1 year low of $156.23 and a 1 year high of $207.99. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.26 and a quick ratio of 0.89. The business has a fifty day simple moving average of $167.12 and a 200 day simple moving average of $173.15.

Avery Dennison (NYSE:AVY) last released its quarterly earnings data on Wednesday, October 22nd. The industrial products company reported $2.37 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.05. Avery Dennison had a return on equity of 33.67% and a net margin of 7.93%.The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.22 billion. During the same period last year, the firm posted $2.33 earnings per share. Avery Dennison’s revenue was up 1.5% compared to the same quarter last year. Avery Dennison has set its Q4 2025 guidance at 2.350-2.450 EPS. Research analysts expect that Avery Dennison Corporation will post 9.96 EPS for the current year.

Avery Dennison Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd will be issued a dividend of $0.94 per share. The ex-dividend date is Wednesday, December 3rd. This represents a $3.76 annualized dividend and a yield of 2.2%. Avery Dennison’s dividend payout ratio is presently 42.78%.

Avery Dennison Profile

Avery Dennison Corporation operates as a materials science and digital identification solutions company in the United States, Europe, the Middle East, North Africa, Asia, Latin, America, and internationally. It provides pressure-sensitive materials comprising papers, plastic films, metal foils, and fabrics; performance tapes products, including tapes for wire harnessing, as well as cable wrapping for automotive, electrical, and general industrial applications; mechanical fasteners, which are precision-extruded and injection-molded plastic devices used in various automotive, general industrial, and retail applications; and other pressure-sensitive adhesive-based materials and converted products under the Fasson, JAC, Yongle, and Avery Dennison brands.