Wealthfront Advisers LLC Has $821,000 Stake in Avery Dennison Corporation $AVY

Wealthfront Advisers LLC lowered its stake in Avery Dennison Corporation (NYSE:AVY) by 49.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,065 shares of the industrial products company’s stock after selling 4,950 shares during the quarter. Wealthfront Advisers LLC’s holdings in Avery Dennison were worth $821,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Steigerwald Gordon & Koch Inc. acquired a new position in Avery Dennison during the 3rd quarter worth approximately $29,000. Vermillion & White Wealth Management Group LLC grew its stake in shares of Avery Dennison by 89.9% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the industrial products company’s stock worth $30,000 after buying an additional 80 shares during the last quarter. NewSquare Capital LLC increased its holdings in shares of Avery Dennison by 156.2% during the second quarter. NewSquare Capital LLC now owns 187 shares of the industrial products company’s stock worth $33,000 after buying an additional 114 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in shares of Avery Dennison in the 2nd quarter valued at $35,000. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of Avery Dennison during the 2nd quarter valued at $37,000. 94.17% of the stock is owned by institutional investors.

Analysts Set New Price Targets

AVY has been the subject of a number of recent research reports. BMO Capital Markets upped their target price on Avery Dennison from $215.00 to $224.00 and gave the stock an “outperform” rating in a report on Friday, February 6th. Argus set a $200.00 price objective on Avery Dennison in a research note on Tuesday, October 28th. UBS Group boosted their target price 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. Citigroup upped their price target on shares of Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Avery Dennison in a report on Monday, December 29th. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $208.45.

Insider Buying and Selling at Avery Dennison

In related news, SVP Ignacio J. Walker sold 1,156 shares of the company’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $192.95, for a total transaction of $223,050.20. Following the sale, the senior vice president owned 7,588 shares in the company, valued at $1,464,104.60. This represents a 13.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.84% of the company’s stock.

Avery Dennison Stock Performance

NYSE:AVY opened at $195.76 on Monday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.76 and a current ratio of 1.13. Avery Dennison Corporation has a fifty-two week low of $156.23 and a fifty-two week high of $197.54. The company has a 50 day simple moving average of $185.21 and a two-hundred day simple moving average of $175.03. The company has a market capitalization of $15.13 billion, a PE ratio of 22.30, a P/E/G ratio of 3.48 and a beta of 1.00.

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

Avery Dennison Dividend Announcement

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

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.