Avery Dennison Corporation $AVY Stock Position Raised by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC boosted its position in shares of Avery Dennison Corporation (NYSE:AVY) by 30.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 19,904 shares of the industrial products company’s stock after purchasing an additional 4,675 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Avery Dennison were worth $3,623,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in shares of Avery Dennison by 3.6% during the third quarter. Vanguard Group Inc. now owns 10,379,137 shares of the industrial products company’s stock valued at $1,683,185,000 after buying an additional 361,231 shares in the last quarter. Wellington Management Group LLP boosted its position in Avery Dennison by 12.5% during the 3rd quarter. Wellington Management Group LLP now owns 5,808,960 shares of the industrial products company’s stock worth $942,039,000 after acquiring an additional 644,664 shares during the period. State Street Corp grew its stake in Avery Dennison by 0.6% during the 3rd quarter. State Street Corp now owns 3,667,474 shares of the industrial products company’s stock valued at $594,754,000 after acquiring an additional 20,860 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Avery Dennison by 30.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,841,191 shares of the industrial products company’s stock valued at $298,613,000 after purchasing an additional 435,156 shares during the period. Finally, Invesco Ltd. lifted its position in shares of Avery Dennison by 4.9% in the third quarter. Invesco Ltd. now owns 1,659,862 shares of the industrial products company’s stock worth $269,180,000 after purchasing an additional 77,272 shares in the last quarter. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on AVY. Truist Financial boosted their price objective on shares of Avery Dennison from $213.00 to $234.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. JPMorgan Chase & Co. boosted their price target on shares of Avery Dennison from $195.00 to $205.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Avery Dennison in a research note on Friday. Citigroup lifted their price objective on Avery Dennison from $188.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Finally, UBS Group boosted their target price on Avery Dennison from $218.00 to $226.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Avery Dennison has a consensus rating of “Moderate Buy” and a consensus target price of $208.45.

Insider Buying and Selling

In other news, Director Mitchell R. Butier sold 13,000 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Ignacio J. Walker sold 1,156 shares of the firm’s stock in a transaction on 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 owned 7,588 shares in the company, valued at $1,464,104.60. The trade was a 13.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 34,156 shares of company stock valued at $5,930,150 in the last ninety days. Company insiders own 0.81% of the company’s stock.

Avery Dennison Stock Up 2.8%

Avery Dennison stock opened at $172.85 on Wednesday. The company has a current ratio of 1.13, a quick ratio of 0.76 and a debt-to-equity ratio of 1.43. Avery Dennison Corporation has a 1-year low of $156.23 and a 1-year high of $199.54. The firm’s fifty day simple moving average is $183.47 and its 200-day simple moving average is $177.09. The company has a market capitalization of $13.30 billion, a P/E ratio of 19.69, a P/E/G ratio of 3.00 and a beta of 0.97.

Avery Dennison (NYSE:AVY) last posted its earnings results on Wednesday, February 4th. The industrial products company reported $2.45 EPS for the quarter, topping the consensus estimate of $2.40 by $0.05. Avery Dennison had a net margin of 7.77% and a return on equity of 33.84%. The firm had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the prior year, the business posted $2.38 earnings per share. The business’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. Sell-side analysts forecast that Avery Dennison Corporation will post 9.96 earnings per share for the current fiscal year.

Avery Dennison Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th were issued a $0.94 dividend. This represents a $3.76 annualized dividend and a yield of 2.2%. The ex-dividend date was Wednesday, March 4th. Avery Dennison’s payout ratio is 42.82%.

Avery Dennison Company 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.