Avery Dennison Corporation $AVY Holdings Decreased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC decreased its holdings in Avery Dennison Corporation (NYSE:AVYFree Report) by 15.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,425 shares of the industrial products company’s stock after selling 4,172 shares during the period. Commonwealth Equity Services LLC’s holdings in Avery Dennison were worth $4,260,000 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 increased its holdings in shares of Avery Dennison by 16,900.0% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 170 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 169 shares during the period. Root Financial Partners LLC lifted its position in Avery Dennison by 60.8% in the 4th quarter. Root Financial Partners LLC now owns 193 shares of the industrial products company’s stock worth $35,000 after buying an additional 73 shares in the last quarter. Godfrey Financial Associates Inc. purchased a new stake in Avery Dennison in the 4th quarter worth approximately $37,000. CYBER HORNET ETFs LLC purchased a new stake in Avery Dennison in the 2nd quarter worth approximately $37,000. Finally, Sound Income Strategies LLC lifted its position in Avery Dennison by 51.1% in the 4th quarter. Sound Income Strategies LLC now owns 213 shares of the industrial products company’s stock worth $40,000 after buying an additional 72 shares in the last quarter. Institutional investors and hedge funds own 94.17% of the company’s stock.

Avery Dennison Stock Performance

Shares of AVY opened at $155.34 on Monday. The company’s fifty day moving average is $164.45 and its 200-day moving average is $175.90. Avery Dennison Corporation has a 12 month low of $152.55 and a 12 month high of $199.54. The firm has a market cap of $11.88 billion, a price-to-earnings ratio of 17.51, a price-to-earnings-growth ratio of 2.67 and a beta of 0.82. The company has a quick ratio of 0.80, a current ratio of 1.15 and a debt-to-equity ratio of 1.38.

Avery Dennison (NYSE:AVYGet Free Report) last posted its earnings results on Tuesday, April 28th. The industrial products company reported $2.47 earnings per share for the quarter, beating the consensus estimate of $2.41 by $0.06. Avery Dennison had a return on equity of 33.69% and a net margin of 7.66%.The company had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same period last year, the company earned $2.30 earnings per share. The business’s revenue was up 7.0% compared to the same quarter last year. Avery Dennison has set its Q2 2026 guidance at 2.430-2.53 EPS. Equities analysts expect that Avery Dennison Corporation will post 10.05 EPS for the current fiscal year.

Avery Dennison Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Wednesday, June 3rd will be issued a $1.00 dividend. This is an increase from Avery Dennison’s previous quarterly dividend of $0.94. The ex-dividend date is Wednesday, June 3rd. This represents a $4.00 annualized dividend and a yield of 2.6%. Avery Dennison’s dividend payout ratio is presently 45.10%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a research report on Friday, March 27th. Citigroup reduced their price objective on Avery Dennison from $190.00 to $185.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft began coverage on Avery Dennison in a research report on Wednesday, April 1st. They set a “buy” rating and a $200.00 price objective for the company. Argus set a $175.00 price objective on Avery Dennison in a research report on Thursday. Finally, Raymond James Financial set a $192.00 price target on Avery Dennison in a research note on Tuesday, April 21st. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $201.33.

Get Our Latest Stock Analysis on AVY

Insiders Place Their Bets

In related news, Director Mitchell R. Butier sold 13,000 shares of the business’s 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 completion of the sale, the director directly owned 198,147 shares in the company, valued at approximately $33,982,210.50. The trade was a 6.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.81% of the company’s stock.

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.

Featured Articles

Want to see what other hedge funds are holding AVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Avery Dennison Corporation (NYSE:AVYFree Report).

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

Receive News & Ratings for Avery Dennison Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avery Dennison and related companies with MarketBeat.com's FREE daily email newsletter.