Hillsdale Investment Management Inc. Invests $843,000 in Avery Dennison Corporation $AVY

Hillsdale Investment Management Inc. bought a new stake in Avery Dennison Corporation (NYSE:AVY) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,200 shares of the industrial products company’s stock, valued at approximately $843,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Steigerwald Gordon & Koch Inc. purchased a new position in Avery Dennison in the 3rd quarter valued at about $29,000. Vermillion & White Wealth Management Group LLC lifted its stake in shares of Avery Dennison by 89.9% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 80 shares in the last quarter. NewSquare Capital LLC boosted its holdings in Avery Dennison by 156.2% in the second quarter. NewSquare Capital LLC now owns 187 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 114 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new stake in Avery Dennison during the 2nd quarter valued at approximately $35,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in Avery Dennison during the 2nd quarter worth approximately $37,000. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Insiders Place Their Bets

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,156 shares of the business’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 completion of the transaction, the senior vice president directly owned 7,588 shares of the company’s stock, valued at $1,464,104.60. The trade was a 13.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.84% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms have recently commented on AVY. Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a research note on Monday, December 29th. Truist Financial increased 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. UBS Group raised their price objective 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. Argus set a $200.00 target price on shares of Avery Dennison in a research note on Tuesday, October 28th. Finally, Citigroup lifted their price target on Avery Dennison from $188.00 to $201.00 and gave the stock a “neutral” rating in a research note on Friday, February 6th. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Avery Dennison presently has an average rating of “Moderate Buy” and a consensus price target of $208.45.

Avery Dennison Stock Down 0.3%

Shares of Avery Dennison stock opened at $196.39 on Tuesday. The stock has a market capitalization of $15.18 billion, a price-to-earnings ratio of 22.37, a PEG ratio of 3.52 and a beta of 1.00. Avery Dennison Corporation has a twelve month low of $156.23 and a twelve month high of $197.54. 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 business’s 50 day simple moving average is $187.21 and its 200-day simple moving average is $176.20.

Avery Dennison (NYSE:AVY) last issued its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.40 by $0.05. The firm had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.29 billion. Avery Dennison had a return on equity of 33.84% and a net margin of 7.77%.The firm’s revenue was up 3.9% on a year-over-year basis. During the same period in the prior year, the business earned $2.38 EPS. Avery Dennison has set its Q1 2026 guidance at 2.400-2.46 EPS. Equities research analysts forecast that Avery Dennison Corporation will post 9.96 earnings per share for the current year.

Avery Dennison Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be issued a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Wednesday, March 4th. Avery Dennison’s dividend payout ratio (DPR) is 42.82%.

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.