Horizon Investments LLC Buys 8,925 Shares of Avery Dennison Corporation $AVY

Horizon Investments LLC lifted its stake in shares of Avery Dennison Corporation (NYSE:AVY) by 519.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 10,644 shares of the industrial products company’s stock after acquiring an additional 8,925 shares during the period. Horizon Investments LLC’s holdings in Avery Dennison were worth $1,936,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Bartlett & CO. Wealth Management LLC boosted its stake in shares of Avery Dennison by 16,900.0% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 169 shares in the last quarter. Steigerwald Gordon & Koch Inc. bought a new stake in Avery Dennison during the 3rd quarter valued at approximately $29,000. CYBER HORNET ETFs LLC bought a new stake in Avery Dennison during the 2nd quarter valued at approximately $37,000. Sound Income Strategies LLC boosted its stake in Avery Dennison by 51.1% during the 4th quarter. Sound Income Strategies LLC now owns 213 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 72 shares during the period. Finally, True Wealth Design LLC boosted its stake in Avery Dennison by 285.7% during the 4th quarter. True Wealth Design LLC now owns 216 shares of the industrial products company’s stock valued at $39,000 after purchasing an additional 160 shares during the period. Institutional investors own 94.17% of the company’s stock.

Wall Street Analyst Weigh In

AVY has been the subject of several recent analyst reports. Citigroup decreased their target price on Avery Dennison from $190.00 to $185.00 and set a “neutral” rating for the company in a research note on Thursday, April 30th. UBS Group cut their price target on Avery Dennison from $226.00 to $222.00 and set a “buy” rating for the company in a report on Friday, April 10th. Raymond James Financial set a $192.00 target price on Avery Dennison in a report on Tuesday, April 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Avery Dennison in a report on Friday, March 27th. Finally, BMO Capital Markets raised their price target on Avery Dennison from $215.00 to $224.00 and gave the company an “outperform” rating in a report on Friday, February 6th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $204.11.

Avery Dennison Trading Up 1.0%

AVY stock opened at $162.04 on Wednesday. The business has a fifty day moving average price of $173.56 and a 200 day moving average price of $178.21. Avery Dennison Corporation has a fifty-two week low of $156.23 and a fifty-two week high of $199.54. The stock has a market capitalization of $12.46 billion, a price-to-earnings ratio of 18.27, a P/E/G ratio of 2.76 and a beta of 0.84. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.15 and a quick ratio of 0.80.

Avery Dennison (NYSE:AVY) last announced its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $2.47 EPS for the quarter, beating analysts’ consensus estimates of $2.41 by $0.06. The firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.26 billion. Avery Dennison had a return on equity of 33.69% and a net margin of 7.66%.The business’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same period last year, the company earned $2.30 EPS. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. Analysts expect that Avery Dennison Corporation will post 10.06 EPS for the current fiscal year.

Avery Dennison Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Wednesday, June 3rd will be given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Wednesday, June 3rd. This is a positive change from Avery Dennison’s previous quarterly dividend of $0.94. Avery Dennison’s dividend payout ratio is 42.39%.

Insiders Place Their Bets

In other Avery Dennison news, SVP Ignacio J. Walker sold 1,156 shares of the stock in a transaction 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 in the company, valued at approximately $1,464,104.60. This trade represents a 13.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mitchell R. Butier sold 20,000 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $173.88, for a total value of $3,477,600.00. Following the completion of the transaction, the director owned 211,147 shares in the company, valued at $36,714,240.36. The trade was a 8.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 34,156 shares of company stock worth $5,930,150 over the last quarter. Corporate insiders own 0.81% of the company’s stock.

About Avery Dennison

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.