Vest Financial LLC Acquires New Shares in Avery Dennison Corporation $AVY

Vest Financial LLC bought a new position in shares of Avery Dennison Corporation (NYSE:AVY) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 39,170 shares of the industrial products company’s stock, valued at approximately $6,685,000. Vest Financial LLC owned about 0.05% of Avery Dennison at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Activest Wealth Management bought a new position in shares of Avery Dennison during the third quarter valued at $27,000. Trust Co. of Vermont bought a new position in Avery Dennison during the 2nd quarter worth $27,000. Elevation Wealth Partners LLC lifted its holdings in Avery Dennison by 684.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 196 shares of the industrial products company’s stock worth $32,000 after buying an additional 171 shares during the period. Louisbourg Investments Inc. acquired a new position in Avery Dennison during the 3rd quarter worth about $39,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Avery Dennison in the 2nd quarter valued at about $40,000. Institutional investors own 94.17% of the company’s stock.

Insider Transactions at Avery Dennison

In other news, SVP Ignacio Walker sold 1,742 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $171.61, for a total value of $298,944.62. Following the completion of the sale, the senior vice president directly owned 7,585 shares in the company, valued at $1,301,661.85. This trade represents a 18.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Nicholas Colisto sold 3,886 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $170.68, for a total value of $663,262.48. Following the completion of the sale, the senior vice president owned 7,126 shares of the company’s stock, valued at approximately $1,216,265.68. This represents a 35.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.81% of the stock is owned by corporate insiders.

Avery Dennison Stock Up 3.0%

Avery Dennison stock opened at $184.34 on Friday. The company has a market capitalization of $13.97 billion, a PE ratio of 20.19, a PEG ratio of 2.15 and a beta of 0.79. Avery Dennison Corporation has a 12-month low of $152.42 and a 12-month high of $199.54. The firm’s fifty day moving average is $173.88 and its 200 day moving average is $167.37. The company has a quick ratio of 0.79, a current ratio of 1.13 and a debt-to-equity ratio of 1.37.

Avery Dennison (NYSE:AVY) last posted its quarterly earnings results on Thursday, July 30th. The industrial products company reported $2.89 EPS for the quarter, topping analysts’ consensus estimates of $2.47 by $0.42. Avery Dennison had a net margin of 7.62% and a return on equity of 34.60%. The business had revenue of $2.46 billion during the quarter, compared to analysts’ expectations of $2.30 billion. During the same period last year, the company posted $2.42 earnings per share. The business’s quarterly revenue was up 10.9% on a year-over-year basis. Avery Dennison has set its Q3 2026 guidance at 10.000-10.300 EPS. As a group, sell-side analysts predict that Avery Dennison Corporation will post 10.15 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Jefferies Financial Group reissued a “hold” rating and issued a $181.00 price target on shares of Avery Dennison in a research note on Monday, September 28th. Bank of America reiterated a “buy” rating on shares of Avery Dennison in a report on Friday, August 14th. Truist Financial decreased their target price on shares of Avery Dennison from $209.00 to $208.00 and set a “buy” rating for the company in a research report on Monday, October 12th. JPMorgan Chase & Co. raised their price target on shares of Avery Dennison from $185.00 to $190.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Finally, Citigroup boosted their price target on shares of Avery Dennison from $184.00 to $186.00 and gave the stock a “neutral” rating in a research report on Friday, July 31st. Seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $199.10.

Avery Dennison Profile

Avery Dennison Corporation (NYSE: AVY) is a global materials science and manufacturing company that develops and produces labeling, packaging, graphic, and functional materials. Its products are used by businesses across industries including consumer goods, retail, logistics, apparel, automotive, healthcare, and industrial manufacturing.

The company’s offerings include pressure-sensitive labels and label materials, adhesives, industrial and specialty tapes, graphic films, and packaging materials.